Report
Jeremy Garnier

Jacquet Metal Service : Feedback roadshow : résilience dans un contexte peu porteur

>Des résultats S1 en repli - Fort ralentissement en Allemagne - Suite au roadshow avec le management (CEO + CFO), nous revenons sur la publication des résultats semestriels et les perspectives de JMS. Les résultats S1 2019 ont été en dessous des attentes. Le contexte a particulièrement été très difficile pour IMS Group (50% du CA) dont l’exposition allemande est forte (46% du CA) dans un environnement macroéconomique peu porteur. La décroissance lfl de 3.8% s’est com...
Underlying
Jacquet Metals SA

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.

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
Jeremy Garnier

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