Vicat : Doing very nicely
>Upbeat about H2 2020 - While our comments on the group’s results are available in our flash note from 30/07 (“A good H1, consistent with the consensus and full-year guidanceâ€), we provide the highlights from the conference call below. Like its competitors, Vicat mentioned that business activity held up well in July although it did not provide any figures. It has increased its capex guidance and does not rule out the possibility that it might once again resort to fact...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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