ConsumerDaily Briefs

Daily Brief Consumer: Craftsman Automation, Unilever PLC and more

In today’s briefing:

  • Craftsman Automation Ltd: Forensic Review
  • Supply-Chain Deforestation Laws as a New and Growing Source of Transition Risk

Craftsman Automation Ltd: Forensic Review

By Nitin Mangal

  • Craftsman Automation (CRAFTSMA IN) is engaged in the business of manufacturing engineering components, sub-assemblies, products and rendering of contract manufacturing services to various industries
  • Key forensic takeaways include working capital troubles, alongside inflation woes deteriorating gross margins etc. There is grey area noticed in accounting treatment pertaining to JV as well.
  • Focus should also be on the aluminum segment, which is going through a tough phase regarding operating leverage and low margins.

Supply-Chain Deforestation Laws as a New and Growing Source of Transition Risk

By Kyle Rudden

  • Recent and pending supply-chain deforestation regulations represent a new and ever-growing source of transition risks – financially-material risks with far-reaching ramifications.
  • Significant developments regarding the European Union’s pending forest-risk commodity laws (e.g., inclusion of natural rubber, addition of banks to its purview) inspired this Insight.
  • This Insight briefly summarises EU and U.K. deforestation regulations, then analyses potential risks and implications for issuers involved in related forest-risk commodity supply chains.

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