Report
Fatma Agnès Hamdani

Savencia SA : Visibilité réduite sur le reste de l’exercice

>Un premier trimestre dopé par les prix - La croissance organique de 8.1% au T1 s’appuie sur un effet prix de 10% dont +17% pour les autres produits laitiers et un mix volume en baisse de 1.9%. Cette baisse est essentiellement attribuée au recul du mix volume des produits fromagers de -3.7%.L’activité en retail a baissé en volume en Europe, aussi bien pour les produits fromagers que pour le segment crèmes et beurres dans le pôle autres produits laitiers. Cela s’e...
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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