Vicat : A record H1, now what?
>EBITDA 6% higher than we expected - EBITDA came to € 300m in H1 2021 (+41% in real terms, +48.3% lfl), beating our € 283m forecast by 6%. The group’s operating performance was buoyed up by a significant volume effect (€ 103m) and solid pricing levels (€ 66m) but penalised by variable costs (-€ 63m). A comparison with our forecasts (cf. page 2) shows that EBITDA by region came out far higher than we expected in Asia and France. H1 2021 sales reached € 1,457m, whi...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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