Acerinox S.A.

Acerinox is the parent company of a group engaged in the manufacture and sale of flat and long stainless steel products, and stainless steel wires. Co.'s major products include slabs, billets, black coils, plates, hot-rolled coils, hot-rolled sheets, flat bars, hot-rolled re-bars, hot-rolled black bars, engraved sheets, cold-rolled coils, cold-rolled sheets and circles. Co. also provides long stainless steel products, such as wire rods, angles, hot rolled flat bars, hot rolled re-bars, reinforced bars in coils, cold rolled re-bars, hot rolled black bars, cold drawn bars, and smooth turned bars. In addition, Co. offers wires, welding wire bars, and bars for electrodes.
  • TickerACX
  • ISINES0132105018
  • ExchangeMadrid Stock Exchange
  • SectorIndustrial Metals & Mining
  • CountrySpain

Analysts

Alain William ...
  • Anis Zgaya
  • Baptiste Lebacq
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Jeremy Garnier
  • Johanna Jourdain
  • Khaled Ben Amor
  • Matthias Desmarais

ODDO BHF Small & MIDCAP MORNING NEWS - 11/29/2019 Date Performance since listing Date Performance since listing

...

Alain William ...
  • Anis Zgaya
  • Baptiste Lebacq
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Jeremy Garnier
  • Johanna Jourdain
  • Khaled Ben Amor
  • Matthias Desmarais

ODDO BHF Small & MIDCAP MORNING NEWS - 29/11/2019 Date Performance depuis l’entrée Date Performance depuis l’entrée

...

Alain William

Acerinox : Focus on the acquisition of VDM and what of the recovery in Europe and in North America?

>VDM: the opportunity that was not to be missed - We organised the road show for Acerinox’s IR in Paris following, notably, the recent acquisition of the leader in special alloys VDM (€ 97m in EBITDA, i.e. 11% of Acerinox’s 2018-19 sales, 20% of its EBITDA). The opportunistic acquisition of VDM (few qualified buyers) was made at a reasonable price (enterprise value of € 532m, i.e. 2018-19 EV/EBITDA of 5.5x vs 7.8x for Aperam) with a simple integration (plug & play). T...

Alain William

Acerinox : Focus sur le rachat de VDM et quid de la reprise en Europe et en Amérique

>VDM : l’opportunité qu’il ne fallait pas manquer - Nous avons organisé le roadshow de l’équipe d’IR d’Acerinox à Paris suite, notamment, à l’acquisition récente du leader des alliages spéciaux VDM (97 M€ d’EBITDA, soit 11% du CA en 2018/19, 20% de l’EBITDA d’Acerinox). Le rachat opportuniste de VDM (peu d’acquéreurs qualifiables) se fait à un prix raisonnable (VE de 532 M€ soit VE/EBITDA 18/19 de 5.5x vs 7.8x pour Aperam) avec une intégration simple (plug & play). La...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior