Report
Sven Edelfelt

Vicat : Trials tend to come in droves

>Overly high fuel prices in Europe and cost overruns in the US - Vicat yesterday announced an update of its outlook for 2022 to take account of recent business trends and, above all, the “dramatic increase in electricity costs in Europe”, cost overruns related to the gradual ramp-up of the new furnace for the Ragland plant (US) and debottlenecking in India.The group now sees a decline in 2022 EBITDA vs 2021 and a level at least equal to that of 2020 vs, previousl...
Underlying
Vicat-Ciments Vicat SA

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.

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
Sven Edelfelt

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