Report
Luis de Toledo Heras

Ence : Capital Markets Day: assessing potential cash flow damages

>Sustainable growth drivers - Ence held its 2022 CMD which brought few surprises but contributed to highlight the group’s exposure to high structural growth markets (pulp and renewable energy), its commitment towards sustainability (with the mantra of sustainability equals competitiveness) and the capacity of the group to compensate the eventual loss of Pontevedra’s results (40% of Pulp production capacity, 25%e of the group’s EBITDA) and cash flow contribution throug...
Underlying
ENCE Energia y Celulosa SA

Ence Energia Y Celulosa is engaged in the manufacture and commercialization of wood pulp and derivatives. Co. divides its activities into the following two business lines: Forest Division: Co. manages timberlands in South America and the Iberian Peninsula. Co. is involved in trading of wood, and supplies solid wood products including: plywood, sawn timber, parquet flooring and glued-edge paneling. Co. is involved in forest and environmental consulting. Pulp Division and Energy Production: Co. is engaged in the production of Eucalyptus globulus-based TCF and ECF paper pulp. Co. is also involved in the generation of electricity through biomass power producing plants.

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
Luis de Toledo Heras

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch