Report
Sven Edelfelt

Vicat : An excellent Buy opportunity

>Prices in India up 9% YTD - Cement prices in southern India are up 9% since the start of the year. The arrival of the monsoon could be a significant indication if prices do not decline. At this stage and in the interests of caution, we forecast an increase of just 2%. This country could represent leverage of around € 30m for EBITDA in the event of double-digit growth based on sold volumes of 6.6Mt in 2018.The fantastic four: Senegal – US – France – Switz...
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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