Jacquet Metals : After a record year in 2021, 2022 shows good prospects
>FY revenue at € 1,970m€ (vs € 1.9bn est.), underlying operating profit at € 175m (vs € 155.6m est.) - Jacquet Metals published yesterday evening 2021 results slightly above our expectations. Revenues amounted to € 1,970m (vs. € 1.9bn est.), up 44.3%, mainly due to a volume effect of +20.6% and a price effect of +23.7%. This growth implies Q4 revenues of € 527m (vs. € 457mest.), up 61.7% (of which +14.4% volume effect and +47.3% price effect). For the full year, the u...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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