Report

Aperam : L’EBITDA du T3 2020 attendu en légère amélioration séquentielle malgré l’environnement prix en Europe. Des annonces en perspective ?

>T3 2020 : une sortie de crise en ordre dispersé - Le T3 2020 semble s’être déroulé comme prévu par le management. Le groupe devrait bénéficier du redémarrage du secteur de l’automobile (<20%e des livraisons), de l’électroménager (25%e) et de la construction (25%e). Les débouchés Chimie/pétrole & gaz (<10%e) restent compliqués (sauf pour le GNL). Les prix sont sous pression en Europe en raison notamment de la concurrence des importations. Nous estimons que les prix so...
Underlying
Aperam SA

APERAM is a stainless and specialty steel producer. Co. produces a range of stainless steel products and products including electrical steel (grain oriented, non-grain oriented, and non-grain oriented semi-processed steel), nickel alloys and specialties. Co. sells its products to customers on three continents in over 40 countries, including aerospace, automotive, catering, construction, household appliances and electrical engineering, industrial processes, medical, and oil & gas industries. Co. manages its business according to three operating segments: Stainless and Electrical Steel; Services and Solutions; and Alloys and Specialties.

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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Matthias Desmarais
  • Matthias Desmarais

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