Vicat


H1 19: mixed performance but solid guidance

09/08/19 -"India and France reported, respectively, an outstanding and a good performance while the drag on performance came from Turkey and Egypt. Management expects a marked improvement in EBITDA and an ..."

Pages
76
Language
English
Published on
09/08/19
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As expected we have made only minor changes to our target price and we keep our Buy recommendation unchanged.

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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