Geopolitical uncertainty in Middle East
Ongoing conflict in the Middle East could disrupt supply chains, logistics, and demand, impacting near-term performance.
Rossari Biotech · risk themes across the available quarters.
Bear-case history
Ongoing conflict in the Middle East could disrupt supply chains, logistics, and demand, impacting near-term performance.
March saw raw material price increases of 25-30%, which impacted gross margins; pass-through is ongoing but may face resistance in textiles.
El Niño could affect the agro season and demand for agrochemicals, though management says it's too early to comment.
The Saudi initiative is a key strategic step but faces uncertainties from geopolitical developments and may take time to ramp up.