Report
Fatma Agnès Hamdani

Eurogerm : Solid 2020 results. Transfer of capital control anticipated by the end of April

>A resilient activity despite forex losses - Eurogerm reviewed its 2020 results which remained solid in the pandemic context. Organic sales growth came in at +4.3%, buoyed by international activities particularly in Brazil, where the health measures were less strict, and Africa where the company recovered the positions lost in 2019. In Europe, activity was maintained in France (-0.1%) and Spain whilst it was penalised by the production shutdown in Italy. The grou...
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

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