Report
Sven Edelfelt

Vicat : Toughest yet to come

>Watch out for H2/Q3 base effects and CO2 CMD in September - Our comments on the results are available in our Equity Flash published on 6 May (“Set for a good H1 but H2 will be another story”), and our takeaways from the conference call are discussed hereafter. As we mentioned, the 2021 EBITDA performance will greatly depend on the H2 performance. This is likely to be much more challenging than the record H1. At this stage, we are counting on an EBITDA up 16% l-f-l in...
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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