Report

Eramet : The (healthy) momentum in the Mining & Metals activity is set to continue in 2021. We expect FCF to come out positive.

>Mining & Metals activity expected to add extra impetus in 2021 - Eramet’s management seems satisfied with the group’s 2020 operating performance (EBITDA reached € 398m vs € 630m in 2019) amid circumstances rendered complicated by the Covid-19 pandemic which had an estimated impact of € 530m. This impact included a negative price effect of € 360m along with the effects of the aerospace sector crisis which took a € 110m toll on Aubert & Duval (about 70% of revenues)....
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.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch