Report
Fatma Agnès Hamdani

Savencia SA : La baisse des cotations des produits industriels et la dégradation du mix volume devraient peser sur la rentabilité du semestre

>Poursuite de la baisse des cotations des ingrédients laitiers dans un contexte de baisse de la production mondiale du lait - Les volumes de APL devraient progresser légèrement (+2.8%e au S1) soutenus par la reprise de Corman en Belgique et la bonne tenue du segment Food Service. Les cotations des matières grasses et protéiques continuent de baisser alors que la production mondiale de lait est sur une tendance baissière. La Chine, qui est le principal acheteur mondia...
Underlying
Savencia SA

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.

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.

Analysts
Fatma Agnès Hamdani

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