Report
Fatma Agnès Hamdani

Savencia SA : Un T4 pénalisé par une base de comparaison élevée en Argentine

>CA T4 :-2.4%e en lfl dont -7.9% pour Autres Produits Laitiers - La croissance organique annuelle de 2.8% est soutenue par un effet prix que nous estimons autours de 2%. Sur le T4, Savencia affiche une croissance négative de -2.4% selon nos calculs reflétant une légère baisse des volumes et des prix de près de 1%.Pour les Produits Fromagers, la croissance organique annuelle de 3.2% repose sur un effet volume de +2.3% et un effet prix de +0.8%. L’effet prix décélè...
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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