Report
Chaima Ferrandon ...
  • Sven Edelfelt

Holcim : Le rêve américain et le dividende de poney

>Un deal d’actionnaire jusqu’au bout des ongles - Holcim a cédé à la tentation du rêve américain et de ses multiples plus généreux. Le projet prend la forme d’une scission de ses activités nord-américaines dont les modalités seront communiquées au cours du S2 2024 au cours d’un CMD (cotation finalisée au S1 2025). La seule et unique façon de généreusement valoriser la « bad co » (Holcim ex-US) réside dans la distribution d’un dividende exceptionnellement élevé. Nous t...
Underlying
LafargeHolcim Ltd.

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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch