Oddo BHF - Befesa SA (BFSA) Befesa : Chahutée en Bourse à cause de prudence de la guidance

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Oddo BHF

Anis Zgaya ...

Louis Boujard, CFA

Befesa : Chahutée en Bourse à cause de prudence de la guidance

>T1 2024 en ligne avec les attentes au niveau de l’EBITDA - Befesa a publié hier matin ses résultats T1 2024. L’EBITDA du T1 est ressorti à 49 M€ en ligne avec les attentes, stable par rapport au T1 2023 (50 M€) impacté par un effet prix de marché du zinc très négatif de -17 M€ sur le trimestre étant donné le niveau de prix moyen élevé au T1 2023 (3130 $/t) et celui faible du T1 2024 (2450 $/t) et par la baisse de la marge dans l’aluminium secondaire de -5 M€. Ces ef...

26/04/2024 1 FR

Underlying

Befesa SA

Befesa is a services company principally engaged in the collection and recycling of steel dust and aluminum residues and other related industrial services and logistics. Co. also offers industrial recycling services to hazardous waste markets. Co. organizes its activities into three business segments: steel dust recycling services, salt slags recycling services and secondary aluminum production.

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LU1704650164 Luxembourg

Provider

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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Analysts

Anis Zgaya

Louis Boujard, CFA

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>Q1 2024 in line with EBITDA expectations - Befesa reported its Q1 2024 results yesterday morning. Q1 EBITDA came in at € 49m, in line with expectations for stability relative to Q1 2023 (€ 50m), due to the impact of very negative zinc market prices in the quarter, given the higher average price level in Q1 2023 ($ 3,130/t) and the low price in Q1 2024 ($ 2,450/t) and a drop in Aluminium Metal margins of -€ 5m. These effects were almost all offset by lower treatment c...

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Befesa : Chahutée en Bourse à cause de prudence de la guidance

ODDO BHF Small & MIDCAP MORNING NEWS - 04/26/2024 Date Performance since listing Date Performance since listing

ODDO BHF Small & MIDCAP MORNING NEWS - 26/04/2024

Befesa : Cautious guidance drives sell-off

Infineon Technologies AG : A revision is virtually certain, perhaps below the current consensus, but how far can it reasonably go?

Infineon Technologies AG : Une révision est quasi-certaine, peut-être même au-delà du consensus actuel, mais jusqu’où cela peut-il raisonnablement aller ?

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