Profit growth in Europe between 7-9% for 2019

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Santander AM | Stock markets maintain strong profits this year. The strength of the profit taking as a result of the new tariff increases to China should not hide their good behavior along the year.

By the end of last week, European stock markets exceed on average + 10% while the American market was close to + 15%. Specifically in Europe, valuations continue to be attractive in absolute as well as in relative terms and the consensus believes that profit growth will be between + 7% and + 9% for the year.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.