Report
Chaima Ferrandon ...
  • Sven Edelfelt

TITAN CEMENT GROUP : 2023: a record year!

>New guidance, in line with our expectations - TITAN CEMENT announced yesterday that it was expecting 2023 sales north of € 2,500m and confirmed that it was targeting EBITDA of over € 500m, as mentioned during the previous conference call. The group reported that Q4 remains dynamic, that the outlook is positive and that margin expansion is being maintained. The group's latest announcements are in line with our expectations (sales of € 2,531m and EBITDA of € 516m)...
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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