LafargeHolcim : A good Q1 and FSBP as back-up
>Q1 2021 results: will probably provide a pleasant surprise - Q1 2021 trading update on 23 April before the market open and a conference call at 10.00 a.m. CET. We are forecasting Q1 2021 EBIT of CHF 304m (+15.9% reported and +29.8% l-f-l). The consensus expects an EBIT of CHF 310m (+46% l-f-l). By division, all regions should see an improvement, with the exception of Europe (weather conditions) and Africa (competition in Algeria remains difficult). The group should ...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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