European Telecoms: Chart of the week

研报英文原文证据摘录

European Telecoms: Chart of the week

the warranted price updates

automatically. A company’s future achieved return on capital or growth rate may differ from

HOLT default forecast. Additional information about the HOLT methodology is available upon

request.

CFROI, CFROE, HOLT, HOLT Lens, HOLTfolio and “Powered by HOLT” are trademarks or

registered trademarks of UBS in the United States and other countries. HOLT is a corporate

performance and valuation service of UBS.

HOLT Business Resilience Dashboard (HBRD) Disclaimer

The HOLT Business Resilience Dashboard (HBRD) is constructed by applying systematic

processes on publicly available records and third-party data to generate quantitative

measures. The HBRD consistently assigns scores using a transparent combination of metrics

and weights across financial, environmental and governance inputs. Individual companies

can be scored on a global-size and/or region-size relative basis. The HBRD is also translated

into five textual assessments (e.g. “Highest” or “Lowest”) based on their quintile percentile

rank. For further details on the HBRD methodology HOLT Business Resilience Primer please

contact UBS Securities LLC, 11 Madison Avenue, New York, NY 10010, USA, Attention:

Investment Research. The HBRD does not constitute or imply any endorsement or

recommendation of any individual company. UBS has not sought to independently verify

information obtained from public and third-party sources and makes no representations or

warranties as to accuracy, completeness or reliability of such information due to inconsistent

reporting of data by companies. Additionally, as global laws, guidelines and regulations in

relation to the tracking and provision of such data are evolving, all such disclosures are made