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Capital Goods, Construction
Will people leave urban centres as they can work from home? How will this affect building developers and material suppliers? Find out from our analysts.
"Constructive" on the LatAm cement sector
We believe the impact of the Covid pandemic on the industry will not be as bad as feared by the market. We assess our names using a framework to evaluate the most attractive countries, end markets, and valuations.
New cycle ahead: looking through the pandemic
We see two important impacts of the COVID-19 pandemic on the cement industry: 1) long-term, we think there may be a trend of people leaving urban centres driven by people’s ability to more easily work from home (WFH); and 2) a short-term impact caused by a large increase in the saving rates during the pandemic, which may more than offset the impact of the short-term GDP drop on cement demand.