Mersen produces materials and electrical components intended for alternative energies, chemicals and pharmaceuticals, rail transportation, electronics and process industries. Co. divides its operations into two segments: Advanced Materials and Technologies (AMT - Materials), and Electrical Components and Technologies (ECT - Electrical). In addition, Co. produces four types of products: Electrical Applications, Electrical Protection, High-Temperature Applications, and Anticorrosion Equipment. Co. also caters to the process industries, supporting their transition towards greater energy efficiency and boasts an efficient manufacturing base with plants employing the very latest technologies.
  • TickerMRN
  • ISINFR0000039620
  • ExchangeEuronext Paris
  • SectorElectronic & Electrical Equipment
  • CountryFrance

Analysts

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Jean-François Granjon
  • Jerôme Bodin
  • Laurence Hofmann
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 10/30/2019

...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Jean-François Granjon
  • Jerôme Bodin
  • Laurence Hofmann
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 30/10/2019

...

Jean-François Granjon

Mersen : Q3 in line with our expectations, FY targets maintained

>Q3 sales in line - Mersen reported € 234.2m in Q3 sales (€ 230.5m estimated) vs € 222.9m, up 5.1% and +2.5% organically. For our part, we were anticipating 2% in organic growth. This compares to 6.5% organic sales growth in the first half of the year and reflects, as expected, a slowdown and above all a strong performance against a less buoyant macroeconomic backdrop. It should further be noted that the comparison base was particularly high with 10% growth in Q3. In ...

Jean-François Granjon

Mersen : T3 2019 en ligne avec nos attentes – Objectifs annuels confirmés

>Publication du CA T3 en ligne - Mersen publie un CA T3 de 234,2 M€ (230,5 M€ estimé) en hausse de 5,1% et 2,5% en organique. Pour notre part, nous avions pris en compte une croissance organique de +2%. Cela se compare à une hausse organique de +6,5% au terme du semestre et traduit comme attendu un ralentissement mais surtout une bonne performance dans un contexte macroéconomique moins porteur. Par ailleurs, l’effet de référence était particulièrement soutenu à +10% p...

An increasingly favourable environment allows MERSEN (EX LCL) to improve to Neutral

The independent financial analyst theScreener just upgraded the general evaluation of MERSEN (EX LCL) (FR), a company active in the Electrical Components & Equipment industry. As regards its fundamental valuation, the title confirms its rating of 2 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date October 29, 2019, the closing price was EUR 27.55 and its expected value was estimated at EUR 28.38.

Antoine Augier de Lajallet ...
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Nicolas David
  • Salma Bouraoui
  • Vincent Baron
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 05/31/2018

...

Antoine Augier de Lajallet ...
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Nicolas David
  • Salma Bouraoui
  • Vincent Baron
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 31/05/2018

...

Jean-François Granjon

Mersen : Acquisition in the field of power electronics – Stock in our list of Top Picks for H1 2018

>Acquisition of FTCap - Mersen has announced the signing of a contract with a view to acquiring FTCap, a developer and producer of capacitors. Our takeaways from contact with the company are as follows:FTCap is based in Germany and Switzerland and specialises in producing capacitors with a variety of applications in industry. The product range is wide, from film capacitors to electrolytic capacitors. The company employs around 200 staff and generated in 2017 sale...

Jean-François Granjon

Mersen : Acquisition dans le domaine de l’électronique de puissance – Titre dans notre Top Pick List H1 2018

>Acquisition de la société FTCap - Mersen annonce la signature d’un contrat en vue de l’acquisition de FTCap, concepteur et fabricant de condensateurs. Après un contact avec la société, nous retiendrons les quelques éléments suivants :Basé en Allemagne et en Suisse, FTCap est spécialisé dans la fabrication de condensateurs avec de nombreuses applications dans l’industrie. La gamme de produits est large, allant des condensateurs à film aux condensateurs électrolyt...

Jean-François Granjon

Mersen : Q3 in line with our expectations, FY targets maintained

>Q3 sales in line - Mersen reported € 234.2m in Q3 sales (€ 230.5m estimated) vs € 222.9m, up 5.1% and +2.5% organically. For our part, we were anticipating 2% in organic growth. This compares to 6.5% organic sales growth in the first half of the year and reflects, as expected, a slowdown and above all a strong performance against a less buoyant macroeconomic backdrop. It should further be noted that the comparison base was particularly high with 10% growth in Q3. In ...

Jean-François Granjon

Mersen : T3 2019 en ligne avec nos attentes – Objectifs annuels confirmés

>Publication du CA T3 en ligne - Mersen publie un CA T3 de 234,2 M€ (230,5 M€ estimé) en hausse de 5,1% et 2,5% en organique. Pour notre part, nous avions pris en compte une croissance organique de +2%. Cela se compare à une hausse organique de +6,5% au terme du semestre et traduit comme attendu un ralentissement mais surtout une bonne performance dans un contexte macroéconomique moins porteur. Par ailleurs, l’effet de référence était particulièrement soutenu à +10% p...

Jean-François Granjon

Mersen : Continued excellent momentum

>Interim results perfectly in line with our estimates - Mersen has reported interim earnings broadly in line with our forecasts. Q2 sales came in at € 483.7m (€ 484.2m estimated) vs € 430.3m, up 12.4% and 6.5% in organic terms. After a strong Q1 (+8.4% organic), Q2 also reflected solid organic growth of +4.8%. This is a strong performance while the reference effect was high (+11% in H1 2018). The underlying operating profit before IFRS 16 stands at € 52.6m (€ 52.8m es...

Jean-François Granjon

Mersen : Toujours une excellente dynamique

>Résultats semestriels totalement en ligne avec nos attentes - Mersen publie des résultats semestriels parfaitement en ligne avec nos attentes. Le CA ressort à 483.7 M€ (484.2 M€e) vs 430.3 M€ en hausse de 12.4% et de 6.5% en organique. Après un T1 dynamique (+8.4% en organique), le T2 affiche également une croissance organique soutenue de +4.8%. Il s’agit d’une réelle performance alors que l’effet de référence était élevé (+11% pour le S1 2018). Le ROC avant IFRS 16 ...

Jean-François Granjon

Mersen : An investment in graphite reflecting good momentum

>Acquisition of assets in graphite in the US - Mersen announced the acquisition of graphite assets at the former Graftech site in Columbia, Tennessee.In an environment that remains firmly buoyant, Mersen is preparing for the future by acquiring new graphite production capacities.This investment will: i/ increase the group’s graphite isostatic production capacities for a limited investment relative to the cost of building a new site. The investment amounts to...

A director sold 7,650 shares at 40.000EUR and

A director at Mersen sold 7,650 shares at 40.000EUR and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board members ...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Jean-François Granjon
  • Jerôme Bodin
  • Laurence Hofmann
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 10/30/2019

...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Jean-François Granjon
  • Jerôme Bodin
  • Laurence Hofmann
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 30/10/2019

...

Alain William ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Delphine Brault
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Florent Laroche-Joubert
  • Jean-François Granjon
  • Jerôme Bodin
  • Matthias Desmarais
  • Nicolas David
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 07/31/2019

...

Alain William ...
  • Alfred Glaser
  • Antoine Boivin-Champeaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Delphine Brault
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Florent Laroche-Joubert
  • Jean-François Granjon
  • Jerôme Bodin
  • Matthias Desmarais
  • Nicolas David
  • Stephane Houri
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 31/07/2019

...

Alain William ...
  • Alfred Glaser
  • Delphine Brault
  • Jean-François Granjon

ODDO BHF Small & MIDCAP MORNING NEWS - 07/09/2019

While we were expecting a slowdown in the IT services market, the Q1 earnings releases were reassuring, with growth maintained at +4.0% year-on-year. Moreover, the leading indicators improved significantly in recent quarters, which reassures us about the outlook. The sector’s valuation levels have eased, which offers an attractive entry point and is conducive to M&A. Our preference goes to Devoteam, in addition to Atos and Capgemini for which we have revised up our target prices. - Cf. ...

An increasingly favourable environment allows MERSEN (EX LCL) to improve to Neutral

The independent financial analyst theScreener just upgraded the general evaluation of MERSEN (EX LCL) (FR), a company active in the Electrical Components & Equipment industry. As regards its fundamental valuation, the title confirms its rating of 2 out of 4 stars while its market behaviour remains as risky. theScreener believes, however, that a more enabling environment allows the title to increase its general evaluation to Neutral. As of the analysis date October 29, 2019, the closing price was EUR 27.55 and its expected value was estimated at EUR 28.38.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

GrafTech International Ltd - Strategy, SWOT and Corporate Finance Report

GrafTech International Ltd - Strategy, SWOT and Corporate Finance Report Summary GrafTech International Ltd - Strategy, SWOT and Corporate Finance Report, 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 GrafTech International Ltd. (GrafTech), a subsidiary of Brookfield Asset Management Inc. is a graphite and carbon material products manufacturing company. Its portfolio of products includes graphite electrod...

Florian Béchaz

Mersen - Assemblée Générale des actionnaires du 17 Mai 2019

La précédente assemblée générale du 17 mai 2018 aura été marqué par une réelle prise de conscience par la société de la perfectibilité des rémunérations de ses dirigeants. Il est vrai que les résolutions relatives à l'approbation des éléments de rémunérations versés au Directeur Général pour l'exercice 2017 et à l'approbation de sa politique de rémunération pour l'exercice à suivre, ont connues un taux d'approbation particulièrement faible avec respectivement 72,54% et 65,03%. Ainsi, la communication de la rémunération du Président du Conseil d'Administration pour l'exercice écoulé (résolutio...

Proxy Report - 17/05/2018

L'exercice 2017 fût marqué par un changement dans la gouvernance de la société s'agissant du Président du Conseil : Olivier Legrain a succédé à Hervé Couffin dans l'exercice de ses fonctions. S'agissant de la rémunération des dirigeants, Proxinvest soutiendra la rémunération 2017 des dirigeants (Résolutions 6, 7 et 8), notamment en raison du caractère modéré des montants attribués et de la bonne communication de la société. Toutefois, Proxinvest s'opposera à la politique de rémunération pour 2018 (Résolutions 9 et 10) en raison du manque de transparence sur les montants attribuables (montant ...

SRI Quantitative KPIs

Les analyses Gaïa sont des analyses ESG (Environnement, Social, Gouvernance) dediees aux entreprises de tailles intermediaires (PME, ETI) françaises. Elles presentent 120 indicateurs quantitatifs sur les trois derniers exercices.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Global equities consolidating We remain constructive on global equities as the MSCI ACWI, ACWI ex-U.S., and EAFE indexes consolidate above their respective 200-day moving averages. On the other hand, the MSCI EM index is breaking below its 200-day moving average and is flirting with a breakdown below 56,000 support (local currency). Weakness within EM raises concerns that global equities may also succumb to weakness... see charts below. • Global equities consolidating. We take a look at the big picture, providing overviews on broad MSCI indexes (ACWI, ACWI ex-U.S., and EAFE)... see page 2. ...

Matthieu DRIOL

Short term view - MERSEN (EX. CARBONE LORRAINE) : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at €28.65. The next target is at €24.59, then €22.91. Passing €31.96 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - MERSEN (EX. CARBONE LORRAINE) : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 28,65 € prochainement. Le prochain objectif est à 24,59 €, puis 22,91 €. Le franchissement de 31,96 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - MERSEN (EX. CARBONE LORRAINE) : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at €28.65. The next target is at €24.59, then €22.91. Passing €31.96 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - MERSEN (EX. CARBONE LORRAINE) : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 28,65 € prochainement. Le prochain objectif est à 24,59 €, puis 22,91 €. Le franchissement de 31,96 € remettrait en cause la suite de la baisse.

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