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Outokumpu : Des résultats meilleurs que prévu au T4 2020. Des perspectives positives pour le T1 2021. Une dette nette toujours trop élevée

>Un bon T4 2020. L’extension des mesures de sauvegarde par l’UE requise - Outokumpu a publié un EBITDA ajusté au T4 2020 de 78 M€ (T3 2020 : 22 M€) très supérieur à nos attentes (ODDO BHF : 35 M €) et à celles du consensus (41 M€). La surprise est venue de la capacité du groupe à 1/ capter la vigueur inattendue de la reprise de la demande (livraisons : +7% en séquentiel), 2 / se procurer de la ferraille sur un marché tendu (charge en ferraille de 90%) et 3 / à bénéfic...
Underlying
Outokumpu Oyj

Outokumpu is organized into the following five business areas: Coil Europe, Middle East and Africa, which consists of stainless operations as well as ferrochrome production in Europe; Coil Americas, which produces standard austenitic and ferritic grades as well as tailored products; APAC, which includes cold rolling facility and coil and plate service center in China, as well as a coil service center in Australia; Quarto Plate, which is comprised of the quarto plate production facilities in Sweden and in the U.S.; as well as Long Products, in which its products are used in a range of applications such as springs, wires, surgical equipment, automotive parts and construction.

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.

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