Vicat : All is well because nothing has changed!
>EBITDA in line with expectations - 2021 EBITDA was € 619m, in line with the consensus at € 618m and ODDO BHF at € 616m. As expected, the group posted a clear decline in EBITDA in H2 due to the increase in fuel prices. EBITDA fell 7.3% to € 319m in H2 after 41% growth in H1. Relative to our estimates (see page 2), EBITDA per region was above our forecasts for France and Africa but below for the Americas, Asia, the Mediterranean and Switzerland. Net debt was up € ...Vicat specializes in the production and marketing of cement, ready-mixed concrete and aggregates. Co. is also engaged in other activities which are: transport brokering (transporting materials and merchandise to large work sites) and contract work, production of prefabricated concrete products, fabrication of building products and paper. Co.'s business is divided into four segments: Cement, Ready-Mixed Concrete, Aggregates and Other Products and Services. Co.'s activities are conducted in eleven countries across Europe, North America Asia, Africa and the Middle East such as: France, U.S.A., Italy, Switzerland, Turkey, Egypt, Senegal, Mali, Mauritania, Kazakhstan and India.
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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