PRIVATE CLIENTS
- Wealth Management
The most important thing we can do for our clients today is to listen. By understanding what you want out of life, we can help you put the right financial plan and investment strategy in place to achieve your personal goals.
CORPORATE & INSTITUTIONAL
- Asset Management
At Davy Asset Management it is our unique perspective that inspires our thematic styled investment strategies that deliver market leading performance. - Corporate Finance
Davy Corporate Finance is Irelands largest corporate financial adviser.
We work with domestic and international public, private, commercial and semi-state entities, combining innovative advice and proven execution skills, to provide a complete range of integrated corporate finance services. - Institutional Equity
Davy is the market leader in the origination, distribution and trading of Irish equities.
Our equity sales and trading function provides analysis and execution for domestic and overseas institutional investors, including some of the largest global fund managers, hedge funds, sovereign entities and money managers.
- Corporate Broking
Davy Corporate Broking serves a hybrid role combining traditional corporate advisory services, with institutional marketing and equity capital market transaction services.
The Corporate Broking team provides clients with a comprehensive service to help manage their relationships with the market and their existing and potential institutional shareholders.
- Debt & Specialist Finance
Davy's Debt & Specialist Finance team is the largest in Ireland. We act for both borrowers and investors in the global debt markets.
We are active traders in all sovereign bonds and global credits, and are primary dealers of Irish government bonds.
- Money Broking
Davy's Money Broking team acts exclusively in an agency capacity, for professional clients, matching up buyers and sellers in the wholesale financial markets.
Our over-the-counter products and services include interbank deposits, repos, forward rate agreements, swaps and forward foreign exchange rates.
- Fund Services
Davy has been involved with regulated investment funds for over 15 years, and can provide advice and services for clients seeking to establish a fund in Ireland.
- Property
Davy Property is one of the largest direct property investment and asset management businesses in Ireland. Our Property business is focused around Property Management, Property Investment and Portfolio Restructuring & Refinancing.
Davy Research
Industrials
Industrials
Best positioned to own Ash Grove; Summit Materials financially stretched
CRH’s bid for Ash Grove makes sense from an operational, strategic and financial perspective. It is Ash Grove’s largest customer, is a global player in cement and has a pristine balance...
Oct 10 2017
|
Robert Gardiner
,
Barry Dixon
| Company Report |
14 pages
Compelling valuation and cash returns story; upgrade to ‘Outperform’
We are upgrading Kingfisher to ‘Outperform’. The recent slide in the share price reflects the operational challenges facing the business and a lack of belief in the ONE Kingfisher...
Oct 2 2017
|
Flor O'Donoghue
,
Michael Mitchell
| Company Report |
21 pages
Chemicals not preventing a further compounding of earnings
Sharply increasing input prices (notably chemicals) and stiffening foreign exchange headwinds have failed to derail Kingspan. Yet again, we have increased our earnings forecast (this...
Aug 29 2017
|
Flor O'Donoghue
,
Michael Mitchell
| Company Report |
19 pages
Jumping over a high hurdle despite considerable input pressures
Forecast trading profit growth of 2% year-on-year for H1 is well below what Kingspan has achieved in recent times. However, this would still amount to an impressive outcome given a very...
Aug 15 2017
|
Michael Mitchell
,
Flor O'Donoghue
| Company Report |
8 pages
Results from Smurfit Kappa Group and Mondi likely to confirm demand and pricing strength
Smurfit Kappa Group and Mondi Group will report Q2/interim results in the first week of August. While profits for both companies are expected to be lower year-on-year (yoy), the...
Jul 26 2017
|
Barry Dixon
,
Colin Sheridan CFA
| Sector Report |
10 pages
Building up volume, cash and value; stock could be worth up to €1.82 in our scenarios
While Cairn Homes continues its substantial ramp-up of volumes into a recovering Irish housing market, we reflect on what the company are likely to do with a significant cash position...
Jun 27 2017
|
Colin Sheridan CFA
| Company Report |
12 pages
Ireland: Merchanting margins and country RONA can approach peak once again
Grafton’s current Irish prospects are frequently measured by (i) the pace of like-for-like (LFL) revenue growth and (ii) profitability compared to previous peak...
Jun 19 2017
|
Michael Mitchell
,
Flor O'Donoghue
| Company Report |
22 pages
Cash in as cement prices turn in Europe – upgrade to 'Outperform'
While not quite a fallen star, the halo has certainly slipped at HeidelbergCement (HEI). Two disappointing quarters have seen the stock struggle as doubts persist around synergies and...
Jun 16 2017
|
Robert Gardiner
| Company Report |
40 pages
Showing 1 - 8 of 8 stories
RELATED RESEARCH
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LafargeHolcim, A pivot to growth – but first a 4% EBITDA downgrade
Nov 3 2017 -
CRH, US tax reform a big potential benefit; Vulcan cuts FY guidance on storms
Nov 2 2017 -
Howden Joinery, Trading continues to impress
Nov 2 2017 -
Smurfit Kappa Group, Progress in corrugated pricing reflected in further margin improvement; outlook positive
Nov 1 2017 -
DS Smith, Box demand improves from strong to very strong; pricing continues to improve
Oct 31 2017 -
Geberit, Organic revenue growth guidance lowered as Q3 EBITDA falls shy of expectations
Oct 31 2017 -
LafargeHolcim, Targets reset as expected but depth of cuts a negative surprise
Oct 27 2017 - More>