LafargeHolcim : 2021 set to be the year that changes everything!
>Optimism in order - Following the group’s preliminaries results (for our comments, see our flash of 30 October, Q3 beats all expectations), we would highlight the following points from the conference call. The CEO Jan Jenisch was optimistic not only on Q4 but also 2021, given the announcements concerning stimulus plans in nearly all of the group's countries. To the market’s general surprise, the group is looking to maintain a solid balance sheet and to wait before ca...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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