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Cementir Holding

CR
Bloomberg   CEM IM
Ciments & Agrégats  /  Italie  Web Site   |   Investors Relation
Egalement présent dans : Sociétés holdings
Solid position in a niche market
Pros
  • Cementir remains a global leader in white cement, a niche segment with resilient demand, especially in architectural and infrastructure applications. It controls around 20% of the market, offering stable margins
  • A strong track record on asset optimisation with key profit centres in Denmark (white cement), the US, Turkey (grey cement and largest in volume) and Belgium
  • The family-controlled company maintains financial discipline and a long-term industrial vision, including on greening up capex
Cons
  • The white cement market is limited in size, making growth dependent on successful expansion or efficiency gains in grey cement operations, notably in Denmark and Belgium
  • The family-controlled structure limits the free float and strategic flexibility, reducing the stock’s appeal for some institutional investors
  • Turkey, one of the key production and demand markets for Cementir, brings with it geopolitical opportunities and thus risks
Mises à Jour
09/05/25 RésultatsCementir delivers stable Q1 amid margin ...
17/04/25OpinionAccumuler vs Achat
13/02/25 RésultatsFY 24: A cautious outlook despite positiv...
13/02/25 EPSWe have incorporated the better-than-ex...
13/02/25 DCFWe have increased our EBITDA forecast...
17/01/25 NewsCementir speaks excellent turkish, too
15/01/25 NAVWe have revised our valuation method fo...
15/01/25 DCFWe have lowered our long-term expectati...
12/11/24 RésultatsQ3 24: Volumes appear to have passed t...
12/11/24 EPSWe have raised our EBITDA estimates, a...
12/11/24 DCFWe have revised our Sales and EBITDA ...
31/07/24 RésultatsH1 24: the recovery is yet to come
13/05/24 RésultatsQ1 24: a rebound is expected in the H2
29/04/24 EPSWe have integrated into our model the be...
29/04/24 DCFWe have revised upwards our estimates f...
13/02/24 RésultatsFY 23: A conservative look to the future
08/11/23 RésultatsQ3 23: Conservative guidance
31/07/23 RésultatsH1 23: positive price-cost spread
28/07/23 EPSCementir Holding has announced a stron...
10/05/23 RésultatsQ1 23: Pricing boosts profitability
18/04/23 EPSCementir Holding reported better-than-ex...
18/04/23 NAVCementir Holding has reported a robust b...
13/02/23 RésultatsFY 22: Price hikes to manage inflation.
13/02/23 EPSWe have updated our model following the...
13/02/23 DCFThe strong growth reported this year has ...
04/11/22 Résultats9M 22: competitive pricing but lower cost ...
28/07/22 RésultatsH1 22: IAS 29 lowers profitability
06/05/22 RésultatsQ1 22: profitability outpacing cost inflation
22/03/22 EPSWe have updated our model following the...
09/02/22 RésultatsFY 21: EBITDA at all-time high level
12/11/21 Résultats9M 21: well managed cost inflation
03/11/21 ESGCementir Holding accelerating from grey ...
29/07/21 RésultatsH1 21: all regions in recovery mode
29/07/21OpinionAchat vs Accumuler
29/07/21 EPSFollowing a good set of H1 results, along ...
06/05/21 RésultatsQ1 21: growth momentum continues
16/03/21OpinionAchat vs Accumuler
16/03/21 EPSFollowing the group's full FY20 results, w...
16/03/21 DCFOur DCF has been positively impacted by...
10/03/21 RésultatsFY20 results - a Turkish Delight
08/02/21OpinionAchat vs Accumuler
08/02/21 EPSFollowing the group's preliminary FY20 re...
08/02/21 DCFOur DCF based value has been positively...
05/02/21 RésultatsFY 20: performance beyond full-year gui...
10/11/20 Résultats9m 20: results in line with 9m19 but caut...
29/07/20 RésultatsH1 20: in for a Danish treat
27/07/20 EPSOur EPS is negatively impacted by the lo...
27/07/20 DCFA further decline in the top line and a red...
Objectif
Potentiel 29,8 %
Cours (€) 14,08
Capi (M€) 2 240
Perf. 1S: -5,25 %
Perf. 1M: 6,51 %
Perf. 3M: 13,5 %
Perf Ytd: 33,6 %
Perf. relative/stoxx600 10j: -5,74 %
Perf. relative/stoxx600 20j: -5,70 %