Oddo BHF - Tereos : Tereos is not made of sugar

Report

Oddo BHF

Delphine Chauvin

Tereos : Tereos is not made of sugar

Publication date: 28/02/2020 08:22 - Writing date: 28/02/2020 08:21 - - - / - - - - - - - - - - - - - - - / - FY19/20 results (31/03/20): June 2020 - - / - - Given the latest earnings release and the upturn in the sugar market, both internationally and in Europe, the turning point long awaited by Tereos seems at last to be becoming a reality, which should restore the group's credit metrics to more adequate levels. We are therefore raising our credit opinion to Stable from Negative, bearing...

28/02/2020 12 EN

Provider

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.

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Analysts

Delphine Chauvin

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Tereos : Tereos is not made of sugar

Maurel et Prom : Appetite for M&A

Maurel et Prom : De l’appétit pour le M&A

SES : New benchmark bond issue to replace the Intelsat bridge facility

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