Eramet : A sequential improvement in earnings / net debt to be got under control
>Notable improvements in H2 2019 - Christel Bories (Chairman and CEO) said that the H1 2019 results were mixed. Note that the bulk of the contraction in EBITDA is attributable to external factors, i.e. € 112m of which € 144m related to the impact of the drop in commodity prices. Management also indicated that the negative points under its control which should contribute to the expected improvement in EBITDA in H2 2019. The rescue plan for Société Le Nickel (SLN) final...Eramet is a mining and metallurgical group, which specializes in the extraction, production and marketing of non-ferrous metals, their chemical derivatives, alloys and superalloys, and parts. Co.'s operations are divided into three divisions: Nickel division which focuses on nickel and its derivative applications; Manganese division which focuses on manganese alloys, manganese chemical derivatives and provides recovery and recycling services of metals contained in oil-industry catalysts, electric batteries and acid solutions; and Alloys division which produces and sells special high-performance steels, superalloys and pre-machined parts based on these materials or aluminium and titanium.
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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