Report
Delphine Brault ...
  • Quentin Borie

ODDO : A favourable momentum from metal prices, but minimal impacts in the short term

>Trends unchanged since Q1 2024 - Trends remained unchanged in Q2, with stable demand at high levels in the mining sector, and weak demand in the construction sector (continued destocking by distributors and a persistent unfavourable trend in underlying demand in the short term, particularly in Europe). Detailed previews overleaf.Prices for the main commodities have been relatively buoyant in recent months, with gold (LBMA) up 21% over 12 months (12% YTD) and cop...
Underlyings
EPIROC AB

Metso Outotec Oyj

Outotec is a global provider of process solutions, technologies and services for the mining and metallurgical industries organized in four divisions. The Minerals Processing division provides concentrator plants, process solutions and services for ore concentration, the minerals and fertilizer industry, energy sector and water treatment. The Base Metals division provides metallurgical processing technology for copper, nickel, zinc, precious metals and ferroalloys. The Metals Processing division develops and supplies technologies and services for the production of iron, alumina, aluminum and synthetic rutile. Larox develops and delivers industrial filters for separating solids from liquids.

Sandvik AB

Sandvik is organized into five business areas: Sandvik Mining, Sandvik Machining Solutions, Sandvik Materials Technology, Sandvik Construction and Sandvik Venture. Sandvik Mining specializes in equipment, tools and service for the mining industry. Sandvik Machining Solutions focuses on tools and tooling systems for metal cutting. Sandvik Materials Technology specializes in products made from stainless steel grades and special alloys. Sandvik Construction specializes in equipment, tools and service for the breaking, drilling and crushing niches. Sandvik Venture generates value by promoting growth of small and medium-sized businesses of particular interest to the Sandvik Group.

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
Delphine Brault

Quentin Borie

ResearchPool Subscriptions

Get the most out of your insights

Get in touch