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.
theScreener is the market leader for independent valuations of financial securities, equities, sectors and markets, and new funds. theScreener's ratings, analyses are used by leading banks, asset managers and financial portals. Approximately 10,000 workstations benefit from theScreener's services, with over millions of customer accounts actively analysed.
>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 ...
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. ...
>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...
The independent financial analyst theScreener just requalified the general evaluation of KAP INDL.HOLDINGS LTD. (ZA), active in the Transportation Services industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as defensive. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Neutral. As of the analysis date August 20, 2019, the closing price was ZAR 4.89 and its target price was estimated at ZAR 4.65.
The independent financial analyst theScreener just awarded an improved star rating to WEIBO CORP. (US), active in the Internet industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date August 20, 2019, the closing price was USD 42.19 and its expected value was estimated at USD 39.92.
WABTEC CORP. (US), a company active in the Commercial Vehicles & Trucks industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as moderately risky. At the fundamental level, theScreener confirms the rating of 1 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Neutral even if it remains under pressure. As of the analysis date August 20, 2019, the closing price was USD 68.00 and its target price was estimated at USD 56.80.
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