LafargeHolcim : The group is still on course
>A good Q3 despite slight headwinds - Our comments on the preliminary results can be found in our equity flash published on 25 October (“Another good quarter!â€) and our takeaways from the conference call are outlined below. Management was fairly confident about Q4 despite some less-good trends on certain markets. The group is still sticking to financial discipline in a thinly veiled reference to the possible acquisition of BASF assets and the 2022 ROCE targets.§h...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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