LafargeHolcim : A degree of optimism post-Q2
>Reasonably optimistic for the future - Our comments on the preliminary results can be found in our Flash published on 30/04 (“Q1 propped up by measures to counter COVID-19â€), and our takeaways from the conference call are discussed below. A key point, CEO Jan Jenisch was cautiously optimistic about the recovery in countries affected by the lockdown post-Q2, citing the example of China. Group production returned to levels in line with those of 2009 at end-April in thi...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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