Vicat : See the positives in 2020 despite COVID!
>EBITDA 7% ahead of market expectations - 2020 EBITDA totalled € 557m, i.e. 5.5% ahead of our expectations and 7.0% above the consensus figure of € 521m. These good figures are mainly due to lower energy costs, the positive effects of the cost reduction plan and higher sales prices. Compared to our estimates (see page 2), EBITDA by region is higher than expected in France, the Americas and Asia, but lower in the Mediterranean region, Africa and Switzerland. Net debt w...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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