Oddo BHF - CMA-CGM : Against the tide

Report

Oddo BHF

Delphine Chauvin

CMA-CGM : Against the tide

CMA CGM manages to strongly resist to the Covid-19 crisis and has just released healthy Q2 20 results and expects that Q3 20 results should be even better. In addition, thanks to the good execution of its liquidity plan, the renewal of its credit facilities and the granting of a state-guaranteed loan of € 1bn, the group has regained sufficient headroom to meet the repayment of its Jan-2021 bonds without having to refinance on the market, which could have been complicated. As tens...

14/09/2020 13 EN

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

Delphine Chauvin

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CMA-CGM : Against the tide

Polynt Group : The outlook remains blurry, but liquidity is strong across all actors

Polynt Group : The outlook remains blurry, but liquidity is strong across all actors

Germany under Merz: progress report

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