Eramet : H1 2022 results should validate realistic guidance
>A good level of activity in H1 2022 in line with a very solid Q1 - Eramet posted a particularly robust level of activity in Q1 2022 (sales of € 1.2bn up close to 80%, of which a +64% price effect and a +10% forex effect) buoyed by mining activities. For Q2 2022, we expect sales to remain at a high level thanks to 1/ a good performance at the manganese business unit (sales doubled in Q1 to € 414m, including volumes transported by Comilog at +17%). 2/ Sales at the nick...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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