Aperam : Les moteurs de la croissance revisités. Une capacité de retour de cash préservée après le rachat d’ELG. Une valorisation très attractive.
>Nous validons l’amélioration d’EBITDA de 300 M€ d’ici à 2025 - Nous entérinons l’anticipation d’une amélioration de 300 M€ de l’EBITDA d’ici à 2025 vs la moyenne de cycle de 2016-2018 (506 M€) dévoilée par le management lors du CMD du mois de septembre. Cette hausse de l’EBITDA repose sur la capacité d’Aperam, notamment au travers du programme de Leadership Journey (Phase 4 de 2021 à 2023 et Phase 5 > 2024) à 1/ continuer à réduire ses coûts (le plus bas coût sur tou...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.