Report
Emna Ben Bdira ...
  • Maxime Kogge

Acerinox : Phase de transition plus longue que prévu mais les moteurs MT restent en place

>T3 globalement inférieur aux attentes - Acerinox a publié hier des résultats T3 mitigés avec un EBITDA de 114 M€ en repli de 10% vs T2 au lieu de la stabilité guidée à l’issue du T2 et 6% < consensus et 5% < ODDO BHF. Cette contreperformance est imputable aux deux divisions du groupe :Stainless Steel affiche un recul de 7% à 86 M€ avec la chute de ses volumes due à la dégradation de la conjoncture industrielle aux US et en Europe, aggravée aux US par l’incertit...
Underlying
Acerinox SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Emna Ben Bdira

Maxime Kogge

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