Report
Jean-François Granjon

Seche Environnement : 2024: a year of integration - 2026 road map confirmed

>Performances in line with expectations: robust margin in France - 2023 results were in line with expectations, even slightly above for the top line The year was mainly characterised by a good performance for the historical scope in France, a broadening of the scope resulting in a temporarily dilutive impact and a strong balance sheet with controlled leverage. Despite the fact that the EBITDA margin was down 110bp to 21.5% vs 22.6%, we note the excellent performance o...
Underlying
Seche Environnement SA

Seche Environnement offers environmental management solutions for industrial clients or local authorities. Co. operates waste treatment and recovery facilities and develops tools to produce energy from waste. Co. also collects and sorts all types of waste, whether household or industrial, hazardous or non-hazardous. For local authorities, Co. manages household waste and other environmental concerns. Co. is engaged in thermal treatment, storage, methanization of household waste and production of alternative fuels. For industrial clients, Co. has developed products and services for handling industrial waste from waste production sites to elimination facilities.

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
Jean-François Granjon

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