Oddo BHF - Polynt Group : A highly cash generative business but watch out for MA and aggressive shareholder distributions

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Oddo BHF

Mateo Salcedo

Polynt Group : A highly cash generative business but watch out for M&A and aggressive shareholder distributions

Despite the challenging momentum for the Chemical industry, Polynt has been able to maintain strong margins thanks to its pricing power and flexible cost structure. This, on top of its capex-light business model, supports the company’s good free cashflow generation capabilities albeit continued shareholder distributions and potential M&A could weigh on FCF and thus, limit the deleveraging of the balance sheet. - >Support factors - - Polynt is a leading composite prod...

21/10/2024 1 FR

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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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Analysts

Mateo Salcedo

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Polynt Group : A highly cash generative business but watch out for M&A and aggressive shareholder distributions

Atos : Execution risk and debt levels still too high to come back to the stock

Webuild : Building resistance: no significant impacts expected from the tariff war

Webuild : Building resistance: no significant impacts expected from the tariff war

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