Report
Fatma Agnès Hamdani

Savencia SA : La croissance organique du T1 n’est pas extrapolable sur le reste de l’année

>Les fêtes de Pâques permettent de limiter la baisse des volumes des produits fromagers à 1% - La croissance de ventes des produits fromagers de 13.7% au T1 s’appuie sur un effet prix de 14.7% dont une partie des hausses a été réalisée en 2022 et un mix volume de -1%. Cette baisse de volumes (essentiellement attribuée au recul de la consommation dans certains pays d’Europe au profit des marques premier prix et MDD) est atténuée par un effet calendaire favorable des fê...
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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