Acerinox : All divisions (now) posting positive EBITDA. Q2 2021 looks set to be better
>Market fundamentals remain very good - Acerinox's management confirmed that demand remains in good shape in Europe and the US. In particular, the home appliance, automotive and construction segments are holding up well while activities linked to projects are beginning to pick up. The catering segment continues to suffer. The upturn in demand has been accompanied by restocking but the absolute/relative level of stocks remains reasonable. Delivery deadlines extend to J...Acerinox is the parent company of a group engaged in the manufacture and sale of flat and long stainless steel products, and stainless steel wires. Co.'s major products include slabs, billets, black coils, plates, hot-rolled coils, hot-rolled sheets, flat bars, hot-rolled re-bars, hot-rolled black bars, engraved sheets, cold-rolled coils, cold-rolled sheets and circles. Co. also provides long stainless steel products, such as wire rods, angles, hot rolled flat bars, hot rolled re-bars, reinforced bars in coils, cold rolled re-bars, hot rolled black bars, cold drawn bars, and smooth turned bars. In addition, Co. offers wires, welding wire bars, and bars for electrodes.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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