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Carole Braudeau
  • Carole Braudeau

Morning Crédit 18/04/2024

Vinci : acquisition d’une participation majoritaire dans l’aéroport d’ÉdimbourgVallourec : nouvelle obligation en USD placée avec succès>...

Carole Braudeau
  • Carole Braudeau

Credit Morning 04/18/2024

Vallourec: new USD bond successfully placed Vinci to acquire the majority shareholding in Edinburgh Airport>...

Emna Ben Bdira ... (+2)
  • Emna Ben Bdira
  • Maxime Kogge

BHP ltd : Q1 production update: solid in iron ore and copper but renew...

>Decent numbers in iron ore, copper and energy coal, weak in met coal and nickel - Overnight, BHP published decent, in-line production numbers for Q3 2023-24 (closed 31 March) in the core Iron Ore and Copper divisions but weak in Met Coal. Production at the main WAIO iron ore division was down 1% y-o-y at 68.1mt due to heavy rainfall, maintenance on the train network and a number of hiccups in ramping up the new mines, South Flank and Mining Area C, thus standing 1% ...

Emna Ben Bdira ... (+2)
  • Emna Ben Bdira
  • Maxime Kogge

BHP ltd : Q1 production update: solid in iron ore and copper but renew...

>Decent numbers in iron ore, copper and energy coal, weak in met coal and nickel - Overnight, BHP published decent, in-line production numbers for Q3 2023-24 (closed 31 March) in the core Iron Ore and Copper divisions but weak in Met Coal. Production at the main WAIO iron ore division was down 1% y-o-y at 68.1mt due to heavy rainfall, maintenance on the train network and a number of hiccups in ramping up the new mines, South Flank and Mining Area C, thus standing 1% ...

BHP Group Limited: Update to credit analysis

Our credit view of this issuer reflects its flexible dividends, offset by its higher capital spending and potentially further acquisition activity.

BHP Group Limited - December 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

 PRESS RELEASE

BHP donates $500,000 to Saskatoon Food Bank & Learning Centre’s Plant ...

BHP donates $500,000 to Saskatoon Food Bank & Learning Centre’s Plant Possibility Campaign to help meet growing need SASKATOON, Saskatchewan, March 19, 2024 (GLOBE NEWSWIRE) -- BHP and the Saskatoon Food Bank and Learning Centre (SFBLC) are pleased to announce a $500,000 donation from BHP to SFBLC’s Plant Possibility Campaign. The donation will support a new food warehouse and learning campus, as the SFBLC expands to meet the city’s increasing need for safe, affordable and nutritious food. Poverty and hunger are overwhelming realities for the people turning to the SFBLC each month. In the...

Anthony Dick ... (+5)
  • Anthony Dick
  • Marc Lavaud
  • Martin Marandon-Carlhian
  • Maxime Kogge
  • Michael Foundoukidis

ODDO : Véhicules électriques : d’un excès à l’autre ?

Le momentum autour de l’électrification, moins favorable dernièrement, a conduit à un changement profond de perception, passant d’un optimisme sans doute excessif à un pessimisme qui le semble tout autant. En effet, si nous avons revu en baisse nos hypothèses, nous visons néanmoins toujours une croissance dans les années à venir (y compris cette année), bien supérieure à celle du marché automobile dans son ensemble. Face à ces changements, tous les acteurs au sein de la chaîne de...

Anthony Dick ... (+5)
  • Anthony Dick
  • Marc Lavaud
  • Martin Marandon-Carlhian
  • Maxime Kogge
  • Michael Foundoukidis

ODDO : Electric vehicles: from one extreme to another?

With momentum around electrification less favourable of late, we have seen a major shift in perception, from doubtless overly rose-tinted optimism to what looks to be similarly excessive pessimism. While we have reduced our BEV assumptions, we nonetheless still anticipate growth in the next few years (including this year), well ahead of that of the automotive market as a whole. In the face of these changes, the players in the value chain (mines, semiconductors, auto) are differen...

MarketLine Department
  • MarketLine Department

Mechel - Company Profile and SWOT Analysis

Summary Mechel - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Mechel is a vertically integrated metals and mining company that carries out the production and supply of coal, iron ore, steel and heat and electric power. The company’s Mining segment comprises of, coal, coke ...

Luis de Toledo Heras
  • Luis de Toledo Heras

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 02/20/2024

Campari shares are starting to show signs of flagging against the backdrop of a weaker-than-expected Q3 2023, a controversial acquisition in cognac, and dilution following the January capital increase. In addition, as the group diversifies, its profile increasingly resembles that of a pure player such as Pernod Ricard and Diageo, for which long-term growth and valuation levels are lower. By revising down our long-term growth estimates for Campari, we are lowering our target price to €...

Emna Ben Bdira ... (+2)
  • Emna Ben Bdira
  • Maxime Kogge

BHP ltd : H1 results solid and in line, constructive outlook for 2024

>Results in line, copper strength offsets softness on iron ore, coal and nickel - BHP’s H2 2023 (to 31 December) results were in line with expectations. Underlying EBITDA was $ 13.9bn, 1% below the consensus and ODDO BHF but up 5% y-o-y thanks to higher commodity prices and volumes partly offset by lingering inflation, with unit costs 5% higher, but representing a deceleration vs previous levels. The largest iron ore division saw a 27% increase to $ 9.7bn, albeit 1% ...

Emna Ben Bdira ... (+2)
  • Emna Ben Bdira
  • Maxime Kogge

BHP ltd : H1 results solid and in line, constructive outlook for 2024

>Results in line, copper strength offsets softness on iron ore, coal and nickel - BHP’s H2 2023 (to 31 December) results were in line with expectations. Underlying EBITDA was $ 13.9bn, 1% below the consensus and ODDO BHF but up 5% y-o-y thanks to higher commodity prices and volumes partly offset by lingering inflation, with unit costs 5% higher, but representing a deceleration vs previous levels. The largest iron ore division saw a 27% increase to $ 9.7bn, albeit 1% ...

Luis de Toledo Heras
  • Luis de Toledo Heras

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 20/02/2024

Le titre Campari commence à montrer des signes de faiblesses sur fond d’un T3 23 inférieur aux attentes, d’une acquisition controversée dans le cognac, et de la dilution suite à l’augmentation de capital de janvier. En outre, à mesure que le groupe se diversifie, son profil s’apparente à celui d’un pure player comme Pernod Ricard et Diageo, dont les niveaux de croissance de long terme et de valorisation sont inférieurs. En réduisant la croissance de long terme du groupe italien, nous ...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 20/02/2024

Arcelor Mittal : le gouvernement italien met sous tutelle l'aciérie ex-Ilva>...

 PRESS RELEASE

BHP makes transformational donation to YWCA Saskatoon’s Hope Lives Her...

BHP makes transformational donation to YWCA Saskatoon’s Hope Lives Here Campaign SASKATOON, Saskatchewan, Feb. 13, 2024 (GLOBE NEWSWIRE) -- BHP and YWCA Saskatoon are pleased to announce a $500,000 investment from BHP to YWCA's Hope Lives Here campaign. In 2022, YWCA Saskatoon’s Crisis Shelter & Residence turned away a staggering 4,253 women and children in need. Hope Lives Here is the organization’s largest capital campaign ever. With a fundraising goal of $19 million, the campaign is funding a new transitional housing wing that will more than double YWCA Saskatoon’s capacity to provide ...

 PRESS RELEASE

BHP awards 26 scholarships to Saskatchewan students

BHP awards 26 scholarships to Saskatchewan students SASKATOON, Saskatchewan, Feb. 05, 2024 (GLOBE NEWSWIRE) -- BHP and Carlton Trail College are pleased to announce the recipients of the BHP Jansen Scholarship Program for 2023. The scholarship provides combined support of over $82,000 to 26 youth pursuing post-secondary education and training opportunities in a field of their choosing. Carlton Trail College is a partner in this initiative, administering the program on BHP’s behalf. “Access to post-secondary education and skills training is proven to bring several benefits to individuals ...

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