Derichebourg: Good resilience and lower valuation than in 2009
The family business specialising in the recycling of ferrous and non-ferrous metals (Environmental Services) and in business services (cleaning, temporary employment services, etc.) is a particularly cyclical company and, unsurprisingly, is expected to post losses in its 09/2020 financial year. However, as its half-yearly results have shown, Derichebourg is resisting the COVD-19 crisis particularly well and this resilience is not valued at all by investors.
Derichebourg provides services to businesses and to local and municipal authorities. Co. covers the entire waste recycling chain, from collection through to recuperation, as well as a range of services to businesses and to local and municipal authorities. Co.'s activities can be divided into three segments: Environmental Services segment which is engaged in the processing and disposal of waste and of end-of-life products; Business Services segment which offers a range of front end services (reception, cleaning, energy, parks and gardens maintenance, temporary workers) and Airport Services segment which provides outsourced airport services like services for stopover management and airfreight.
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