Report
Sven Edelfelt

LafargeHolcim : Et encore merci Huaxin !

>EBITDA T3 2018 au-dessus du consensus grâce à la Chine (~4%) - L’EBITDA ressort à 1 867 MCHF (+8,1% à pcc), 3,7% au-dessus du consensus et nos attentes (1 801 MCHFe). Par rapport à nos estimations, l’EBITDA est inférieur en Amérique latine (-5%), Europe (-5%) et Amérique du Nord (-2%). A l’inverse, l’Asie-Pacifique et l’Afrique ressortent au-dessus de respectivement +12 et +25%. En Afrique, la bonne performance au Nigeria nous semble tirer la croissance. En Asie-Paci...
Underlying
HOLCIM AG

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.

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
Sven Edelfelt

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