Report
Fatma Agnès Hamdani

Eurogerm : H1 earnings boosted by external growth

>Bright prospects maintained in the medium term - Despite a temporary slowdown in activity in H1, the outlook remains good for the group, which should continue to benefit from strong growth in large exports (especially improvers) and from the exploration of new markets (Asia, among others). Tight cost control should allow margins to be maintained despite Estrali's slight short-term dilutive effect.In terms of valuation, the share is traded at relatively high mult...
Underlying
Eurogerm SA

Eurogerm SA is a France-based company specializing in manufacture and marketing of flour correctors, bread-making improvers, technological aids and nutritional cereal ingredients. It offers a range of enzymatic preparations, technical glutens adapted to bakery applications, mix and premixes for gluten free products, ingredients with omega-3 fatty acids, mix and premixes intended to reduce the salt intake of bread-making products and others, as well as related services. The Company has two production sites, Saint Apollinaire and Quetigny in France. The Company has such subsidiaries as Eurogerm Leag, Eurogerm Maroc, Problend-Eurogerm, Eurogerm Andina and Eurogerm Mexico, engaged in production and commercialization activities and Processus Alimentos Industria e Comercio LTDA EPP in Brazil, among others. The Company operates in countries like France, The United States, Algeria and Brazil, among others.

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
Fatma Agnès Hamdani

Other Reports on these Companies
Other Reports from Oddo BHF
Martial Descoutures ... (+2)
  • Martial Descoutures
  • Oussema Denguir

ResearchPool Subscriptions

Get the most out of your insights

Get in touch