Vicat : Set for a good H1 but H2 will be another story
>Q1 2021 sales up 22.1% l-f-l and largely ahead of our expectations - Q1 2021 sales came in at € 707m, up 22.1% l-f-l (+14.9% in real terms) and 9.0% above our expectations (€ 647m). All of the group’s activities generated l-f-l growth; cement (24.4%), concrete and aggregates at +16.6% and other products & services (+24.4%). The group benefited from a very favourable base effect given the impact of the pandemic in Q1 2020. In addition to a strong rebound in activity c...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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