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Sector guide EMEA Equity Research Multi-sector September HSBC Nutshell A guide to equity sectors This guide will help you gain a quick but thorough understanding of equity research sectors and industry groups It will help you to understand the organisatio

EMEA Equity Research Multi-sector September HSBC Nutshell A guide to equity sectors This guide will help you gain a quick but thorough understanding of equity research sectors and industry groups It will help you to understand the organisation of the sector the key drivers indicators and themes historical context and suitable valuation approaches It is also an open o ?er to access HSBC ? s expertise in fundamental equity sector research Co-ordinated by David May Tim Hammett and Nicholas Peal Disclosures and Disclaimer This report must be read with the disclosures and analyst certi ?cations in the Disclosure appendix and with the Disclaimer which forms part of it CEMEA Equity Research Multi-sector September abc Dear Client This HSBC Nutshell A guide to equity sectors has been compiled by the EMEA Equity Research team at HSBC to help you gain a quick but thorough understanding of the sectors and industry groups we cover The guide assumes some basic working knowledge of the world economy equity markets ?nancial terminology and ratios although it is designed to be used by new joiners or people who are looking at industries with which they are not familiar As one of its business principles HSBC Group is committed to providing outstanding customer service HSBC ? s Equity Research team re ects this principle in the way we work with you our clients on a daily basis We view working with our clients as a partnership Within Equity Research we aim to provide you with ? best in class ?nancially robust independent insightful actionable research on a global regional and local basis ? We are making our resources knowledge and expertise available to you Following the publication of this guide we would like to remind you our clients that we are happy to arrange one-on-one or group meetings with our senior analysts to help you build on your sector industry or stock knowledge ?? from the nuts and bolts of the industry dynamics through to individual company valuation and recommendation Please get in touch with your HSBC representative to organise this if required or come to me directly On the front page of each industry section within this guide you will ?nd the names and contact details of our sector analysts and where relevant their specialist sales person people If you do not know these analysts and sales people we would be delighted to set up an initial meeting or call to discuss the HSBC o ?ering and how we can help you We hope you ?nd this guide useful and we look forward to working with you or to continuing to work with you in future Regards David May Head of Equity Research EMEA Europe CEEMEA david may hsbcib com CEMEA Equity Research Multi-sector September abc CEMEA Equity Research Multi-sector September Contents abc Aerospace and Defence Autos Banks Beverages Business Services Capital Goods Chemicals Clean Energy and Climate Change Construction and Building Materials Food and HPC Food Retailing Insurance Luxury Goods Metals and Mining Oil and