Report
Sven Edelfelt

Vicat : Small but sturdy!

>Q3 2020 sales dynamic and close to our expectations - Q3 2020 sales came in at € 762m, up 12% l-f-l (6% reported) and a shade below our expectations (€ 780m). Organic growth reflected a significantly stronger showing vs Q2 and its main competitors (negative between 0% and 5%). The main elements by country in Q3 were: 1/ France solid growth in activity in June continued throughout Q3 in cement (+19.1%); 2/ Europe : no impact from the pandemic, the trend in activi...
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

ResearchPool Subscriptions

Get the most out of your insights

Get in touch