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Accenture plc, rated as a Buy by UBS, excels in management consulting, technology services, and outsourcing, with net sales split between consulting (52.4%) and outsourcing (47.6%). Key sectors include Automotive/Distribution/Travel/Transport (29.8%) and Healthcare/Public Services (19.5%), while geographical sales are led by North America (47.3%) and Europe (33.2%).
Accenture plc focuses on management consulting, technology services, and outsourcing, with consulting services accounting for 52.4% and outsourcing 47.6% of sales. The company serves various sectors, including automotive, health, financial services, and communications, with a geographical sales distribution of 47.3% in North America, 33.2% in Europe, and 19.5% in other regions.
FedEx Corporation, a global leader in express delivery, has received a buy rating from UBS. The company's net sales are primarily derived from mail and express delivery services (46.6%), small package delivery (39.1%), large package delivery (10.3%), and other services (4%). Notably, the United States contributes to 72.4% of its net sales.
FedEx Corporation, the global leader in express transportation, has received a Buy recommendation from UBS. The company's sales are primarily derived from courier and express services (46.6%), small parcel delivery (39.1%), large parcel delivery (10.3%), and other services (4%), with 72.4% of sales generated in the United States.
Cintas Corporation, a leader in the American market for work uniforms, has received a Buy rating from UBS. The company's net sales are primarily driven by uniform rentals, accounting for 77.8%, while additional services such as restroom cleaning and first aid/security contribute 22.2%.
FMC Corporation, a chemical group, specializes in insecticides (58.8% of net sales), herbicides (28.5%), fungicides (7.1%), and other products (5.6%). By the end of 2023, the company operated 21 production sites globally, with net sales distributed across North America (22.1%), Latin America (32.4%), Asia (24.9%), and Europe/Middle East/Africa (20.6%). UBS has reiterated its buy recommendation for the company.
Lennar Corporation has received a buy rating from UBS, highlighting its focus on home construction and marketing. The company generates 95.4% of its net sales from the construction and sale of homes, with additional revenue from financial services (2.9%), community housing development (1.6%), and other activities (0.1%). All sales are concentrated in the Americas.
Nike, Inc. focuses on developing, manufacturing, and marketing athletic footwear, apparel, and equipment, with footwear accounting for 68.6% of net sales. The company operates 1,045 stores globally and generates 41.6% of its sales from North America, followed by Europe/Middle East/Africa at 26.5%.
UBS shares fell 0.4% to CHF 26.77, making it one of the SMI's losers, with a low of CHF 26.25 today. The stock is currently 9.47% below its 52-week high of CHF 29.57 and 15.84% above its low of CHF 22.53. In Q3 2024, UBS reported earnings per share of CHF 0.39, with sales of CHF 18.86 billion, a slight decline from the previous year.
Standard & Poor's has reaffirmed Raiffeisen Zurich's long-term and short-term credit ratings at "AA-" and "A-1+", respectively, highlighting the bank's excellent capitalization, stable earnings, and solid credit quality. With a 17.9% market share in the Swiss mortgage sector, Raiffeisen remains a leading retail bank. The bank reported a profit of 641.6 million Swiss francs in the first half of 2024 and anticipates solid business development for the current financial year, though results may not match the extraordinary levels of the previous year.
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