Report
Carole Braudeau

Eramet : Sustainable growth

After excellent 2021 results and a solid start to the year, Eramet has just revised upwards its annual EBITDA target (to € 1.5bn vs. € 1.2bn previously), benefiting from a highly favourable price context for manganese, manganese alloys and nickel, which should not be jeopardised by the expected increase in input costs (freight, energy, etc.) related to the Russia/Ukraine conflict. - - Other positive elements should also be mentioned: 1/ SLN will be able to increase its nickel ore ...
Underlying
Eramet SA

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.

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
Carole Braudeau

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