Report
Jean-François Granjon

Verallia : A solid industrial name – good resilience with genuine operating leverage

>Confirmed earnings growth for 2020-2022 - At the roadshow with German investors (see feedback of 4 September 2020), we had confirmed our conviction with an upgraded earnings sequence. Following the stock’s recent sell-off (with the sale of 6.2% of the capital), we are confirming our investment case even though the majority shareholder is likely to continue to scale back its position.The main catalysts include: i/ its positioning as a leading and benchmark player...
Underlying
Verallia SAS

Verallia SAS Formerly known as Verallia SASU. Verallia SASU is a France-based company, which operates as a producer of glass packaging solutions. The Company manufactures a number of jars and bottles for various markets, including the still and sparkling wine, spirits, food, as well as the beer and nonalcoholic sectors. Apart from France, the Company also operates in many countries in Western Europe, Eastern Europe and South America, among others.

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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