IMCD GROUP : From strength to strength
>2Q21 operating EBITA 13% ahead of consensus - On 4 August, IMCD reported 2Q21 results that were well above market expectations. Operating EBITA of € 102m was up 68% yoy and 13% ahead of consensus. This was mainly driven by gross profit that was up 36% yoy and 14% ahead of consensus.High organic gross profit growth in all segments - EMEA operating EBITA of € 48m was up 54% yoy and 7% ahead of our forecast, mainly due revenue being 9% above our forecas...IMCD Group is a specialty chemicals group based in the Netherlands. Co. is engaged in the sale, marketing and distribution of specialty chemicals and food ingredients globally. Co.'s business groups are Detergents, Pharma, Personal Care, Coatings, Food & Nutrition, Lubricants, Synthesis, Plastics and others. Co.'s product offering includes additives, antioxidants, extracts, preservatives, acids, lubricants, oils, softeners, wax, components for oral, topical and vaccine drug formulations, fragrances, pigments, solvents, resins, flavors, herbs and spices, surface active agents, and fillers, among others. Co. maintains offices and warehouses in Europe, Asia Pacific, Africa, the USA and Brazil.
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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