Jacquet Metal Service : Confidence over sales momentum against a favourable backdrop
>Solid H1 results - From the road show organised yesterday with JMS’ management (CEO + CFO), we took away few new details as the group continues to benefit from strong momentum.In H1, the group turned in a satisfactory performance with: i/ € 984m sales, up 8% (linear over the two quarters) thanks to a positive 5.9% price effect (+3% sequential effect over the two quarters) and a positive 2.1% volume effect. At Jacquet-Abraservices and Stappert, sales were driven ...Jacquet Metal Services is a European distributor of specialty steels, also active in China and the U.S.A. Co.'s main activity consists of purchasing, storing, and delivering different families of products. Co. is active in four markets for the distribution of special steels through four brands: JACQUET (distribution of stainless steel thick "Quarto" plates); Stappert (distribution of long stainless steel products); Abraservice (distribution of wear-resistant "Quarto" plates); IMS group (distribution of engineering steels). Co.'s main consumer sectors are the following industries: chemical; agro foods; treatment and storage of gases; water treatment; environment and cleanup; and energy.
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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