Report
Arnaud Despre

FLASH - Herige - Acheter - Obj. 61€

Parfait maintien de la marge brute au S2 sur l'ensemble des branches, avec toutefois des difficultés sur la branche Menuiserie du fait de l'intense volatilité rencontrée sur les matériaux bois/métaux/PVC. Le management se veut confiant pour 2022 malgré l'accentuation des pénuries/inflation depuis le début du conflit.
Underlying
HERIGE

VM Materiaux is engaged in the building market with 3 complementary fields of activity. Co.'s operations can be divided into three segments: Building material trading (Co. has a trading network specialized in distribution of materials for the building and public works sector), Concrete industry (Co. produces pre-cast and ready-mix concrete) and Industrial joinery (Co. manufactures a range of PVC, aluminium or wooden external joinery (doors and windows), as well as entry closures (shutters, fences and gates)). Co. operates only in France. Among its clients, Co. has both professionals in the building industry and DIY customers.

Provider
Portzamparc Sponsored
Portzamparc Sponsored

​Portzamparc is a subsidary of BNP Paribas which adapted the mission to contribute to responsible and sustainable growth of private clients, management companies and SMEs . They offer personalized support adapted to the objectives in particular for Small and Medium-Sized Enterprises.

Analysts
Arnaud Despre

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