Report
Jeremy Garnier

Jacquet Metal Service : Résultats 2019 en fort retrait – des conditions de marché toujours difficiles

>CA FY de 1 615 M€ (vs 1 640 M€e) / ROC de 43 M€ (vs 46 M€e) - Au titre de l’exercice 2019, JMS a publié des résultats proches de nos attentes. En données pro forma, l’activité annuelle est en retrait de 7.5% à 1 615 M€, à comparer avec notre prévision de 1 640 M€e. Cette baisse intègre un effet volume négatif de -8% et un effet prix de +0.5%. Sur le T4, le CA est en recul de 10.9% (effet volume : -11.1% ; effet prix : +0.2%) à 355 M€ (vs 381 M€e). Le ROC ressort méca...
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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