Holcim : Living in illusion so as to avoid disillusionment
>Recap of key elements - Whilst the comments on quarterly results are available in our flash of 22 April (“Excellent Q1 but guidance virtually unchanged”), we note from the conference call management’s relative optimism in the group’s capacity to cover inflation on energy costs in 2022. An optimistic tone at end-February 2022, management appears largely more vocal. That said, guidance for EBIT remains more or less unchanged pending clarification, hopes of greater visi...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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