Report
Chaima Ferrandon ...
  • Sven Edelfelt

Holcim : Le ciel est par-dessus le toit

>Un bon S1 2023 tiré par les USA notamment … - L’EBIT ressort à 1 550 MCHF (13.9% à pcc et -0.6% en réel), au-dessus du consensus (1 473 MCHF) et de nos attentes (1 421 MCHFe). Le groupe communique sur 4 segments, Asie-Moyen-Orient-Afrique, Europe, Amérique latine et Amérique du Nord (pour le ciment, agrégats et BPE) excluant les Solutions & Produits. Détérioration du FCF à 79 MCHF au S1 2023 contre 275 MCHF au S1 2022 compte tenu des effets de la cession de l’In...
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
Chaima Ferrandon

Sven Edelfelt

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