Report
Sven Edelfelt

LafargeHolcim : Excellent niveau de FCF !

>EBITDA T4 2019 au-dessus des attentes (~2.0%) - L’EBITDA ressort à 1 610 MCHF (+0.1% à pcc), au-dessus du consensus (1 584 MCHF) et au-dessus de nos attentes (1 579 MCHFe). Par rapport à nos estimations, l’EBITDA est inférieur en Afrique (-10%). L’Europe ressort en ligne avec nos attentes. A l’inverse, l’Amérique du Nord, l’Amérique latine et l’Asie Pacifique sont au-dessus de respectivement +4%, 7% et +3%. Huaxin a contribué à l’EBITDA à hauteur de 122°MCHF après 1...
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

Other Reports on these Companies
Other Reports from Oddo BHF
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David
Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA
Ghada Ben Sedrine ... (+2)
  • Ghada Ben Sedrine
  • Nicolas David

ResearchPool Subscriptions

Get the most out of your insights

Get in touch