Report
Jean-François Granjon

Derichebourg : Alignment of increasingly green planets, target price raised to € 12.5 from € 10.5

>A very buoyant environment and broader business scope - A very favourable environment: in addition to the excellent half-year results, the group benefited from a particularly favourable economic and industry environment. More specifically, we would mention i/ robust volumes (+20% for scrap in H1 2021), driven by strong demand from steelmakers other than in Turkey, ii/ very favourable prices for scrap (average price up by more than 30% in H1) and non-ferrous metals (a...
Underlying
Derichebourg SA

Derichebourg provides services to businesses and to local and municipal authorities. Co. covers the entire waste recycling chain, from collection through to recuperation, as well as a range of services to businesses and to local and municipal authorities. Co.'s activities can be divided into three segments: Environmental Services segment which is engaged in the processing and disposal of waste and of end-of-life products; Business Services segment which offers a range of front end services (reception, cleaning, energy, parks and gardens maintenance, temporary workers) and Airport Services segment which provides outsourced airport services like services for stopover management and airfreight.

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.

Analysts
Jean-François Granjon

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