Report

Salzgitter : Le management est (trop ?) prudent sur le T4 2021. La génération de FCF reste décevante

>L’impact des perturbations logistiques au T4 2021 et au-delà - Le résultat avant impôt (Profit Before Tax : PBT) du T3 2021 est ressorti à 299 M€ (vs 188 M€ au T2 2021 et -97 M€ au T3 2020). Le CFO Burkhard Becker estime que les volumes et les prises de commandes, en particulier de Strip Steel (39% du PBT 2021e) devraient être impactés jusqu'à la fin de l'année 2021 et au-delà, par des perturbations de l'approvisionnement mondial et des chaînes logistiques liées nota...
Underlying
Salzgitter AG

Salzgitter is a holding company. Through its subsidiaries, Co. organized its businesses into five divisions. The Steel Division manufactures steel and special steels. The Tubes Division is involved with the manufacture of line pipes, HFI-welded pipes, precision tubes and stainless steel tubes. The Trading Division operates a European sales network as well as trading companies and agencies worldwide. The companies in the Services Division provide services such as data processing, telecommunications services, scrap dealing, the handling and storage of bulk cargo, transportation, and other services. The Technology Division operates in the filling and packaging technology segment.

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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