Report
Emna Ben Bdira ...
  • Maxime Kogge

voestalpine : Post-vue T2 2023/24 : capacité démontrée de résilience et perspectives solides mais la génération de cash limite quelque peu les optionnalités

>Momentum mitigée sur le restant de l’année - Les résultats T2, publiés la semaine dernière, ont confirmé la résilience de voestalpine avec un EBITDA de 410 M€ en baisse contenue sur le T1 (-19%) et supérieur de 5% au consensus et de 11% à nos propres attentes. Cette surperformance est due essentiellement aux prix réalisés qui sont restés stables sur la division Steel et en légère hausse sur Metal Engineering malgré des prix de marché en forte baisse jusqu’à très réc...
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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