Jacquet Metals : Q1 2022 publication well ahead of our expectations
>Q1 2022 sales of € 724m (vs € 557m est.), +62.6%/EBITDA of € 102m (vs € 56m est.) - Yesterday evening, Jacquet Metals published Q1 2022 results well above our estimates. Business was ultimately very favourable, an extension of the trend seen in 2021. Q1 sales were up sharply, +62.6% y-o-y to € 724m (vs € 557m est.). This brisk growth essentially comprised a very strong price effect (53.7%) thanks to the continued rise in raw material prices and, to a lesser extent, a...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.