Report
Emna Ben Bdira ...
  • Maxime Kogge

voestalpine : Le reset des attentes ouvre une séquence plus favorable mais le faible FCF limite les options

>T2 attendu en baisse à cause d’exceptionnels mais aussi à l’expo auto et Europe - En amont de la publication des résultats T2 (clos au 30 septembre) prévue le 13 novembre, voestalpine a annoncé lundi dernier qu’il réaliserait un EBITDA proche de 300 M€(-28% vs T1) et un EBIT de 110 M€ nettement inférieurs aux attentes (consensus de 379 M€ et ODDO BHF 402 M€ pour l’EBITDA). Le groupe justifie cette contreperformance par 50 M€ de dépréciations d’actifs sur sa filiale ...
Underlying
Voestalpine AG

voestalpine is engaged in the production, processing, and distribution of materials made of steel and in research and development in the areas of metallurgy, metal processing, and materials technology. Co.'s steel division focuses on the production and processing of flat steel products. Co.'s special steel division is involve in tool steel and high-speed steel. Co.'s metal engineering division is engaged in turnout technology, rails and treated wire, and tubes. Co.'s metal forming division is involve in tube products and precision strip steel as well as pre-finished system components. Co.'s other activities include heavy plate production, a foundry, and a number of downstream processes.

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
Emna Ben Bdira

Maxime Kogge

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