Can commodities provide an upgrade to ALS Ltd earnings and share price?
ALS Ltd (ALQ) recently upgraded its earnings guidance for the 12 months to 31 March 2023 (FY23). The upgraded guidance reflects the underlying strength of the core divisions and its leverage to resilient key end markets. The Company also noted that economic headwinds continue to be well managed through price and cost discipline. With the shares having recovered since the release of the trading update in late March, is there scope for further recovery in the shares? Overview of ALS …
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