Report
Markus Schmitt

SGL Carbon : Roller coaster ride continues

After SGL Carbon (SGL) seemed to be on the right track following many years of volatile performance, including material restructuring, asset sales, capital increases and debt redemptions, the company warned on 14 August 2019 – only few days after the Q2 19 earnings release – that due to erroneous cost planning of a wind project as well as persisting headwinds in some business units of the Composites – Fibers & Materials (CFM) segment, EBIT before non-recurring items will reach c....
Underlying
SGL Carbon SE

SGL Group is a holding company. Through its subsidiaries, Co. is a global manufacturer of carbon and graphite products. Co. has the following reportable Business Areas: Performance Products (PP), Area Graphite Materials & Systems (GMS), and Carbon Fibers & Composites (CFC). The product portfolio of PP includes carbon and graphite electrodes, cathodes and furnace linings. GMS supplies products to various different industries, including coarse and fine-grain graphite and expanded natural graphite that used primarily in the chemical, automotive, semiconductor, LED, lithium ion battery and solar industries. CFC offerings range from raw materials to carbon fibers through finished components.

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
Markus Schmitt

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