Savencia SA : After a good 2021, areas of uncertainty cloud 2022
>2021 was marked by good resilience from cheese product volumes and the rise in prices of industrial products - Organic growth of 5.1% for 2021 sales of cheese products is based on a solid mix/volume effect of +4.5%. This reflects the rebound in the out-of-home catering segment but also a retail business that remained very sustained at a high level despite a challenging base effect, particularly in Q4 (+3.9% l-f-l sales and +3.2%e volume mix). All geographic areas are...Savencia is a transformer of milk centered on cheese, dairy specialties, and on dairy ingredients. Co.'s operations are divided into two segments: the Cheese Products segment and the Other Dairy Products segment. In the Cheese Products segment, Co. manufactures and distributes cheeses and cheese specialties. In the Other Dairy Products segment, Co. manufactures and distributes modern butters and long-life creams both for final consumers and professional users, manufactures technical butters and specialized dairy proteins for industrial markets, and manufactures aseptically packaged products.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.