Savencia is a transformer of milk centered on cheese, dairy specialties, and on dairy ingredients. Co.'s operations are divided into two segments: the Cheese Products segment and the Other Dairy Products segment. In the Cheese Products segment, Co. manufactures and distributes cheeses and cheese specialties. In the Other Dairy Products segment, Co. manufactures and distributes modern butters and long-life creams both for final consumers and professional users, manufactures technical butters and specialized dairy proteins for industrial markets, and manufactures aseptically packaged products.
  • TickerSAVE
  • ISINFR0000120107
  • ExchangeEuronext Paris
  • SectorFood Producers
  • CountryFrance

Analysts

Antoine Boivin-Champeaux ...
  • Aurelien Sivignon
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jeremy Garnier
  • Jerôme Bodin
  • Laurence Hofmann
  • Nicolas David
  • Salma Bouraoui
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 03/15/2019

...

Fatma Agnès Hamdani

Savencia SA : Priority given to profitable growth

>Profitability underpinned by international development - At its annual financial presentation, Savencia provided more detail on its 2018 results. Underlying EBIT, up by 2.9% to € 177.6m for sales of € 4,863m (+0.2%, of which +2.1% l-f-l and a forex effect of -3.8%), reflects:Underlying operating profit of € 159m for the cheese products division, up 8%. A margin of 5.7%, up by 40bp thanks to price increases (+2%) and the group’s international development (includi...

Antoine Boivin-Champeaux ...
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jeremy Garnier
  • Jerôme Bodin
  • Laurence Hofmann
  • Nicolas David
  • Salma Bouraoui
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 15/03/2019

...

Fatma Agnès Hamdani

Savencia SA : Priorité à la croissance rentable

>Une rentabilité soutenue par le développement à l’international - Lors de la réunion d’information financière annuelle, Savencia est revenu plus en détail sur ses résultats 2018. L’EBIT courant qui croit de 2.9% à 177.6 M€ pour un CA de 4 863 M€ (+0.2% dont +2.1% en lfl et -3.8% d’effet de change) reflète :Un ROC de 159 M€ pour le pôle Produits Fromagers, en hausse de 8%. La marge de 5.7% s’adjuge 40 pb grâce aux revalorisations tarifaires (+2%) et le développem...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 03/08/2019 Date Performance since listing Date Performance since listing

Sixt Leasing, an independent player in the German vehicle leasing and fleet management market, stands out for its strong momentum in the online retail and fleet management segments and its capacity to handle the diesel risk effectively. These strengths should pave the way for buoyant growth over the coming years (2018-2021e CAGR of +8% for revenue and 15% for pre-tax profit) and a rerating of the stock (target price € 18.1, i.e. 34% upside). We are initiating coverage of the stock wit...

Fatma Agnès Hamdani

Savencia SA : Priority given to profitable growth

>Profitability underpinned by international development - At its annual financial presentation, Savencia provided more detail on its 2018 results. Underlying EBIT, up by 2.9% to € 177.6m for sales of € 4,863m (+0.2%, of which +2.1% l-f-l and a forex effect of -3.8%), reflects:Underlying operating profit of € 159m for the cheese products division, up 8%. A margin of 5.7%, up by 40bp thanks to price increases (+2%) and the group’s international development (includi...

Fatma Agnès Hamdani

Savencia SA : Priorité à la croissance rentable

>Une rentabilité soutenue par le développement à l’international - Lors de la réunion d’information financière annuelle, Savencia est revenu plus en détail sur ses résultats 2018. L’EBIT courant qui croit de 2.9% à 177.6 M€ pour un CA de 4 863 M€ (+0.2% dont +2.1% en lfl et -3.8% d’effet de change) reflète :Un ROC de 159 M€ pour le pôle Produits Fromagers, en hausse de 8%. La marge de 5.7% s’adjuge 40 pb grâce aux revalorisations tarifaires (+2%) et le développem...

Fatma Agnès Hamdani

Savencia SA : 2018 underlying operating profit beat expectations. Continued profitable growth in 2019

>2018 underlying operating profit 4% above forecasts. Attributable net profit hit by restructuring costs and the restatement for hyperinflation in Argentina - For 2018, yesterday evening Savencia published a 3% increase in underlying operating profit of € 177.6m, for sales (already published) of € 4,863m (stable, of which 2% organic). This result beat our forecast by 4% (€ 170.5m) and that of the consensus (€ 172m). The underlying operating margin improved 10bp to 3.7...

Fatma Agnès Hamdani

Savencia SA : Résultats 2018 mieux qu’attendu au niveau du ROC. Poursuite de la croissance rentable en 2019

>ROC 2018 est 4% supérieur aux attentes. RNpg impacté par les coûts de restructuration et le retraitement de l’hyperinflation en Argentine - Au titre du l’année 2018, Savencia a publié hier soir un ROC de 177.6 M€, en hausse de 3% pour un CA déjà publié de 4 863 M€ (stable dont 2% en organique). Ce résultat est 4% supérieur à nos attentes (170.5 M€) et celle du consensus (172 M€). La marge opérationnelle courante progresse de 10 pb à 3.7%. Les revalorisations tarifair...

Fatma Agnès Hamdani

Savencia SA : Price increases underpin organic growth. Volume mix improvement in Q4

>Q4 sales +4% in organic terms, with an est. volume mix effect of 1.4% - 2018 organic sales growth of 2.1% stems from a price effect which we estimate at +2.9%. The group has raised its prices both for cheese products (+2%) and other dairy products (+3.8%) in connection with higher raw materials costs.Cheese products posted organic growth of 0.5% in 2018, with a decline in the volume effect of -1.5% Business was affected for most of the year by partial product de...

A director bought 1,300 shares at 80.500EUR and

A director at Savencia S.A. bought 1,300 shares at 80.500EUR and the significance rating of the trade was 60/100. 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...

Antoine Boivin-Champeaux ...
  • Aurelien Sivignon
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jeremy Garnier
  • Jerôme Bodin
  • Laurence Hofmann
  • Nicolas David
  • Salma Bouraoui
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 03/15/2019

...

Antoine Boivin-Champeaux ...
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jeremy Garnier
  • Jerôme Bodin
  • Laurence Hofmann
  • Nicolas David
  • Salma Bouraoui
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 15/03/2019

...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 03/08/2019 Date Performance since listing Date Performance since listing

Sixt Leasing, an independent player in the German vehicle leasing and fleet management market, stands out for its strong momentum in the online retail and fleet management segments and its capacity to handle the diesel risk effectively. These strengths should pave the way for buoyant growth over the coming years (2018-2021e CAGR of +8% for revenue and 15% for pre-tax profit) and a rerating of the stock (target price € 18.1, i.e. 34% upside). We are initiating coverage of the stock wit...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 08/03/2019

Sixt Leasing, acteur indépendant du marché allemand du leasing de véhicules et de gestion de flottes, se distingue par sa forte dynamique sur les segments Online Retail et Fleet Management, ainsi que par sa capacité à gérer efficacement le risque diesel. Ces atouts se traduiront par une croissance soutenue sur les prochaines années (TMVA18-21e CA : +8% ; RCAI : 15%) et par une revalorisation du titre (OC 18.1 €, soit un potentiel de 34%). Nous initions la couverture avec une opinion A...

Alain William ...
  • Fatma Agnès Hamdani
  • Harald Eggeling
  • Laurence Hofmann
  • Michael Foundoukidis

ODDO BHF Small & MIDCAP MORNING NEWS - 02/11/2019

...

SAVENCIA sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of SAVENCIA (FR), a company active in the Food Products industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date February 8, 2019, the closing price was EUR 62.00 and its potential was estimated at EUR 67.39.

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

Emmi AG - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Emmi AG Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Emmi AG since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights This re...

Jehanne Leroy

Etude de l'AG du 27/04/2017

Tout d'abord, Proxinvest souhaite attirer l'attention des actionnaires sur la décision du Conseil d'administration, en date du 20 avril 2016, de dissocier les fonctions de Président du Conseil d'administra

Matthieu DRIOL

Analyse court terme - SAVENCIA : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 62,55 €. La tendance de fond serait remise en cause en cas de franchissement de 78,00 €.

Matthieu DRIOL

Short term view - SAVENCIA : The background trend is clearly bearish.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €62.55. The background trend would be questioned should prices rise above €78.00.

Matthieu DRIOL

Short term view - SAVENCIA : Falling prices.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €64.81. The background trend would be questioned should prices rise above €78.00.

Matthieu DRIOL

Analyse court terme - SAVENCIA : Les prix baissent.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 64,81 €. La tendance de fond serait remise en cause en cas de franchissement de 78,00 €.

Matthieu DRIOL

Medium term view - SAVENCIA : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €62.55, then €52.24. Passing €90.80 would question the continuation of the fall.

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