Savencia SA : Confidence signalled on the rest of the year
>Q3 2020 sales underpinned by the increase in retail volumes - Q3 2020 sales growth of +1.1% on an organic basis, reflects:Positive growth of 1.7% for cheese products. This performance is based on a volume mix effect of 1.6% and a price effect of 0.1%. Activity is buoyed by brisk sales momentum in hypermarkets and supermarkets notably in Europe (between 0 and 2%), in Russia after a price repositioning and in Asia (high single digit growth).A slight increase ...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.