IMCD GROUP : Preview Q3 2023 (10 November)
>We expect continued pressure on results - IMCD is set to report results for the third quarter on November 10. The company reported relatively weak Q2 23 results amidst challenging comps and macro-economic headwinds. The company’s organic revenue growth was already slowing, but accelerated into negative territory over the second quarter (AAOBe -11% yoy in Q2 23 for the group). We do not expect a significant improvement over Q3 23. For the group, we forecast Q3 revenue...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.