Eramet : Set for excellent 2021 results and even better results in 2022. Deleveraging underway
>Set for a good vintage in 2021 - Eramet is expected to report robust 2021 results on 23 February, driven solely by the metals and mining division, thanks to a good operating performance across all the entities, except for SLN (Société Le Nickel, 56%-owned by Eramet). By division, EBITDA for the manganese BU is expected to reach € 910m in 2021 (vs € 442m in 2020 and € 280m in H1 2021) thanks to sharply higher sales prices for manganese alloys and a favourable mix. The...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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