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AngloAmerican Plc : Le S2 2020 devrait tenir toutes ses promesses. Opinion Achat réitérée

>Le pire est passé. Le S2 2020 est prometteur - AngloAmerican (AA) a relativement bien résisté à la forte baisse de sa production en cuivre équivalent au S1 2020 (-11% dont -18% sur le seul T2). L’EBITDA du S1 2020 de 3.4 Md$ (vs 5.5 Md$ l’an dernier) a été impacté 1/ par des incidents opérationnels à hauteur 1 Md$ dont 0.4 Md$ dû au Met Coal et 0.6 Md$ imputable à Anglo Platinum (Amplats détenu à 80% par AA) et 2/ par le COVID-19 (-1.1 Md$). Ces vents contraires n’on...
Underlying
Anglo American plc

Anglo American is a global mining company with a portfolio of mining operations and undeveloped resources. Co. is focused on diamonds, copper, platinum group metals (PGMs), and bulk commodities and other minerals. Co.'s segments include: De Beers, which produces rough and polished diamonds; Copper, which produces copper; Platinum, which produces PGMs; Iron Ore and Manganese, which produces iron ore, manganese ore and alloys; Coal, which produces metallurgical coal and thermal coal; and Nickel, which produces nickel.

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.

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