Mersen : Confirmation of the group's full-year targets
>Full-year sales publication in line with our forecasts - Mersen has reported full-year sales of € 950.2m (vs € 878.5m), up 8.2% and 4.1% on an organic basis. Full-year sales are fully in line with our forecasts Note that organic growth of 4.1% is in line with organic growth guidance of between +4% and +5%. For Q4 alone, sales came in at € 232.2m (+3.1% and +1% on an organic basis). As expected, this reflects a deceleration in the pace of growth (likewise in Q3) and a...Mersen produces materials and electrical components intended for alternative energies, chemicals and pharmaceuticals, rail transportation, electronics and process industries. Co. divides its operations into two segments: Advanced Materials and Technologies (AMT - Materials), and Electrical Components and Technologies (ECT - Electrical). In addition, Co. produces four types of products: Electrical Applications, Electrical Protection, High-Temperature Applications, and Anticorrosion Equipment. Co. also caters to the process industries, supporting their transition towards greater energy efficiency and boasts an efficient manufacturing base with plants employing the very latest technologies.
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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