Report
Aurore Aventin (IDMidCaps)

Mersen - A new dimension that could attract a lot of interest

Continued strong organic growth in Q2 after an already buoyant Q1 Half-year results at an all-time high, driven by both volume effect and pricing power Annual guidance raised and 2027 plan confirmed We have slightly raised our guidance for 2023 BUY opinion maintained, with a price target raised to €50 and €65 in the event of a takeover bid, a scenario which cannot be ruled out and which would include a control premium (30%).
Underlying
Mersen SA

Mersen produces materials and electrical components intended for alternative energies, chemicals and pharmaceuticals, rail transportation, electronics and process industries. Co. divides its operations into two segments: Advanced Materials and Technologies (AMT - Materials), and Electrical Components and Technologies (ECT - Electrical). In addition, Co. produces four types of products: Electrical Applications, Electrical Protection, High-Temperature Applications, and Anticorrosion Equipment. Co. also caters to the process industries, supporting their transition towards greater energy efficiency and boasts an efficient manufacturing base with plants employing the very latest technologies.

Provider
Degroof Petercam
Degroof Petercam

​We are an investment house with Belgian roots founded on more than 150 years of trust.

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Analysts
Aurore Aventin (IDMidCaps)

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