Report
Carole Braudeau

Wendel : Wendel stays the course

Wendel has reported interim results in line with our expectations, while a little more light has been shed on the situation at IHS, which has been the focus of investor concerns since the start of the year. - The group also continues to pursue its dynamic but prudent asset rotation strategy, making us confident that it can complete its investment plan without significantly weakening the strength of its balance sheet and liquidity. - The Baa2 rating assigned for the first time by Moo...
Underlying
Wendel SE

Wendel is an investment company specializing in acquiring long-term holdings in industrial and services companies. Co.'s activities can be divided into six main divisions. Through Bureau Veritas, Co. provides conformity assessment services and certification. Through Stahl, Co. is engaged in high performance coatings and leather finishing products. Through Saint-Gobain, Co. manufactures, transforms and distributes construction materials. Through Legrand, Co. specializes in electrical and digital building infrastructures. Through Deutsch, Co. provides high-performance connectors. Through Materis, Co. provides specialty chemicals for construction.

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
Carole Braudeau

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