Report
Sven Edelfelt

Vicat : Q3 2021 in line ahead of the CO2 CMD

>Q3 sales in line with our forecasts - Q3 2021 sales came in at € 794m, up 8.5% l-f-l (+4.2% in real terms) and in line with our expectations (€ 796m). All of the group’s activities generated l-f-l 9M growth; cement (23%), concrete and aggregates (+17%) and other products & services (+14%). The group benefited from some momentum on its markets in the context of the exit from the health crisis. Q3 sales came out above the levels observed in 2019 in all countries apart ...
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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