Report
Jeremy Garnier

Jacquet Metal Service : Publication T3 décevante et perspectives toujours incertaines – Neutre vs Achat

>CA T3 de 375 M€ (vs 417 M€e) et ROC de 7 M€ (vs 14 M€e) - Jacquet Metal Service a publié hier soir ses résultats T3 qui ressortent en dessous de nos attentes. Le CA s’élève à 375 M€ en décroissance de 17.3% dont -5.2% d’effet périmètre (vs -5.5%e) lié à la cession d’Abraservice en 2019 et aux activités non core business en fin d’année dernière, -9.9% d’effet volume (vs -4.5%e) et -2.2% d’effet prix (vs +2%e). La rentabilité est quant à elle en baisse avec un ROC de ...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch