Report
Sven Edelfelt

LafargeHolcim : Un bon T4 et une année 2021 soutenue par les plans d’infrastructure

>EBIT T4 au-dessus du consensus de 7% - L’EBIT T4 2020 ressort à 1 037 MCHF (+14% à pcc), au-dessus du consensus (972 MCHF) et de nos attentes (954 MCHFe). Par rapport à nos estimations, l’EBIT est supérieur sur toutes les géographies surtout en Amérique Latine (+27.5% et l’Europe (+11.5%). Sur l’ensemble de l’année, l’EBIT ressort à 3 676 MCHF (-10.4% en réel et -1.9% à pcc). La DN s’élève à 8 483°MdCHF en dessous du consensus de 8 659°MdCHF. Très bon niveau de ...
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

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