Report
Fatma Agnès Hamdani

Savencia SA : Q4 publication expected to be in line with Q3

>Activity in Q4 on the same trend as Q3 despite the development of the health context - From recent contact with the company we understand that business in Q4 is set to follow the same trend as in Q3. Activity in the out-of-home catering market remains dynamic, for the time being unaffected or only slightly affected by the health crisis, marked by a fresh wave in Covid infections, particularly in Europe. Even though health restrictions tightened slightly in the run up...
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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