Report
Chaima Ferrandon ...
  • Sven Edelfelt

TITAN CEMENT GROUP : Hausse des coûts et pincement des marges à court terme

>L’EBITDA T2 2021 ressort 9% en dessous de nos attentes - EBITDA T2 2021 à 87 M€, en baisse de 10% et 9% inférieur à nos attentes (95 M€). Par rapport à nos estimations, la performance ressort 25% en dessous de nos attentes aux Etats-Unis. Cette contreperformance s’explique par des coûts de maintenance plus élevés, une hausse des frais de logistique et de main d’œuvre. A l’inverse, les autres régions ont reporté un EBITDA au-delà de nos estimations (cf. page 2). La ma...
Underlying
Titan Cement International N.V.

Titan Cement International SA is a Belgium-based international cement and building material producer. The Company's activities include the production, transportation, and distribution of cement, concrete, aggregates, fly ash, mortars and other building materials. The Company reports its activities into four geographical business segments: Greece and Western Europe, North America, South East Europe and Eastern Mediterranean. Apart from the transportation and distribution, the Company also transfers its know-how through collaborations with customers, business partners, local communities and Academia.

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
Chaima Ferrandon

Sven Edelfelt

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