Report

INEOS : Showing resilience in turbulent times

After benefiting from top of cycle market conditions following the covid crisis, IGH and Quattro have posted more mixed performances since mid-2022. They reflect a significantly more unfavourable environment for the upstream chemical sector: high feedstock prices, deteriorating economic conditions, inflation. Thanks to their good fundamentals, both groups believe they are in a position to maintain mid-cycle performance. However, we expect margins to continue to decline. In this c...
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.

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