Report
Sven Edelfelt

Vicat : Une excellente opportunité d’achat

>Les prix en Inde en hausse de 9% YTD - Les prix du ciment dans le sud de l’Inde sont en hausse de 9% depuis le début de l’année. L’arrivée de la mousson pourrait constituer une indication importante si les prix ne venaient pas à s’effriter. A ce stade et par prudence, nous tablons sur une hausse de seulement 2%. Ce pays pourrait constituer un levier de ~30 M€ d’EBITDA en cas de hausse à deux chiffres sur la base de volumes vendus de 6.6 Mt en 2018.Les qu...
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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