REAL-TIME GLOBAL RESEARCH
APR Corp. (278470.KS) 2Q26E earnings preview; US/Europe strength points to another record quarter despite higher variable costs; Buy
Research evidence excerpt
APR Corp. (278470.KS) 2Q26E earnings preview; US/Europe strength points to another record quarter despite higher variable costs; Buy
nterest is available at https://www.gs.com/disclosures/europeanpolicy.html which states the European Policy for Managing Conflicts of
Interest in Connection with Investment Research.
Japan: Goldman Sachs Japan Co., Ltd. is a Financial Instrument Dealer registered with the Kanto Financial Bureau under registration number Kinsho 69,
and a member of Japan Securities Dealers Association, Financial Futures Association of Japan Type II Financial Instruments Firms Association, and
Investment Management Association of Japan. Sales and purchase of equities are subject to commission pre-determined with clients plus consumption
tax. See company-specific disclosures as to any applicable disclosures required by Japanese stock exchanges, the Japanese Securities Dealers
Association or the Japanese Securities Finance Company.
Ratings, coverage universe and related definitions
Buy (B), Neutral (N), Sell (S) Analysts recommend stocks as Buys or Sells for inclusion on various regional Investment Lists. Being assigned a Buy or Sell
on an Investment List is determined by a stock’s total return potential relative to its coverage universe. Any stock not assigned as a Buy or a Sell on an
Investment List with an active rating (i.e., a stock that is not Rating Suspended, Not Rated, Early-Stage Biotech, Coverage Suspended or Not Covered), is
deemed Neutral. Each region manages Regional Conviction Lists, which are selected from Buy rated stocks on the respective region’s Investment Lists
and represent investment recommendations focused on the size of the total return potential and/or the likelihood of the realization of the return across
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