Voestalpine : Management remains confident on H2 2021-22 despite increase in input costs
>Favourable demand … apart from automotive obviously - The difficulties in the semiconductor supply chain are expected to continue to impact sales to the automotive industry (at a clip of -20% in volumes) in H2 and 2022-23. Demand from the construction, mechanical and consumer goods sectors remains high while the rail segment is resilient (strong order book) despite the seasonal slowdown. Sales to the energy (oil and natural gas) and aerospace (short and medium haul) ...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.
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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