Davy Research

Fresh thinking on the European

industrials and consumer sectors

Current themes at Davy Research

Industrials

Recipe for success: Howden's growth set to continue

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Howden Joinery is a unique, growth focused business that has consistently delivered double-digit earnings growth since 2008 against the backdrop of a largely declining market. The...

January 29 2015| Michael Mitchell , Flor O'Donoghue | Company Report | 62 pages
Financials

2014 results previews

Ireland’s three domestic banks are at very different stages of recovery, but we expect that annual results will progress the ambitions of each. The focus on Bank of Ireland now...

February 23 2015| Stephen Lyons , Emer Lang , Diarmaid Sheridan | Davy Banks Monthly | 28 pages
Transport & leisure

Davy on Airlines 2015: short-term gain; long-term pain

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Our preferred names in the European airline sector are Ryanair and IAG. Both are structural winners in what we believe will be an increasingly competitive market in both short haul and...

January 22 2015| Stephen Furlong , Ross Harvey , Allan Smylie CFA | Sector Report | 54 pages
Davy Research

Political risks to Ireland's recovery

In this report we consider the political risks to Ireland’s recovery.

February 19 2015| Conall Mac Coille | Irish Economy | 15 pages

Outlook for the political landscape in Ireland 2015-2017

Davy has commissioned David Farrell, Professor of Politics at University College Dublin, to provide an outline of the outlook for Ireland’s political landscape 2015-2017.

February 19 2015| Guest | Irish Economy | 14 pages

New Irish economic forecasts: Ireland's economy enters the catch-up phase

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We have significantly revised up our forecasts for Irish GDP growth to 4.8% in 2014, 3.7% in 2015 and 3.4% in 2016. The key reason for these revisions is Ireland’s strong export...

February 2 2015| Conall Mac Coille | Irish Economy | 10 pages