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    ADJ   LU1250154413

ADLER GROUP S.A.

(ADJ)
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U.S. Treasury deputy chief sees majority of countries joining minimum tax deal

04/07/2021 | 04:59pm EDT
FILE PHOTO: Adewale Adeyemo confirmation hearing to be Deputy Secretary of the Treasury

WASHINGTON (Reuters) - U.S. Treasury Deputy Secretary Wally Adeyemo said on Wednesday that he believed the United States can secure an agreement with the "vast majority" of the world's countries to impose minimum corporate taxes.

Adeyemo, in an interview on CNBC television, also said that the Treasury in those negotiations would not support digital services taxes that are discriminatory toward American companies.

"We have supported taxation that makes sure that companies have to pay a level rate throughout the world. That's why we're in favor of a minimum global tax to make sure that companies are no longer able to skirt taxation in the United States and around the world," Adeyemo said.

(Reporting by David Lawder; Editing by Leslie Adler)


© Reuters 2021
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Financials
Sales 2021 505 M 608 M 608 M
Net income 2021 365 M 439 M 439 M
Net Debt 2021 5 504 M 6 623 M 6 623 M
P/E ratio 2021 6,95x
Yield 2021 2,59%
Capitalization 2 398 M 2 887 M 2 885 M
EV / Sales 2021 15,6x
EV / Sales 2022 14,9x
Nbr of Employees 1 787
Free-Float 65,5%
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Technical analysis trends ADLER GROUP S.A.
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Consensus
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Mean consensus HOLD
Number of Analysts 7
Average target price 27,71 €
Last Close Price 23,32 €
Spread / Highest target 37,2%
Spread / Average Target 18,8%
Spread / Lowest Target -5,66%
EPS Revisions
Managers and Directors
NameTitle
Thierry Beaudemoulin Co-Chief Executive Officer & Director
Maximilian Gerd Jean Rienecker Co-Chief Executive Officer & Director
Peter Maser Chairman
Kay Engbring General Counsel, Chief Risk & Compliance officer
Michael Bütter Independent Director
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