LafargeHolcim : Bolt-ons and (much) more if the affinity’s there
>Continuing the positive trends in April-May - Our comments on the preliminary results can be found in our Flash of 15 May (“Start to the year buoyed by brisk price momentumâ€) and our takeaways from the conference call are discussed below. A key point is that the trends for April-May are good, as at HeidelbergCement. Generally speaking, the group clearly looks to be gearing up for a transformative acquisition but there are no time constraints. Jan Jenisch's motto is “...LafargeHolcim is a producer of cement and aggregates. Co. also supplies ready-mix concrete, concrete products, asphalt and a range of services. Co. operates through three segments: cement, aggregates, and other construction materials and services. Co.'s cement segment provides a range of cementitious materials and also develops customized blends for special applications. Through its aggregates segment, Co. produces aggregates which include crushed stone, gravel and sand mainly used in the manufacture of ready-mix concrete, concrete products and asphalt, as well as for road building and railway tracks, with production centered on quarrying, preparing and sorting the raw material.
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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