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Cementir Holding

CR
Bloomberg   CEM IM
Cement & Aggregates  /  Italy  Web Site   |   Investors Relation
Also operates in : Holding Companies
Positioned in a niche market
Target
Upside 35.6%
Price (€) 10.14
Market Cap (€M) 1,613
Perf. 1W: 0.21%
Perf. 1M: 5.81%
Perf. 3M: 12.1%
Perf Ytd: 9.25%
10 day relative perf. to stoxx600: 1.25%
20 day relative perf. to stoxx600: 3.19%
EPS change28/07/2023

Change in EPS2023 : € 1.00 vs 0.85+17.3%
2024 : € 0.98 vs 0.94+4.92%

Cementir Holding has announced a strong set of results for H1, leading to a significant upgrade in its EBIT guidance. The company has revised its EBIT projection to around €365m, which marks a considerable improvement from the previous range of €335-345m. Cementir Holding's ability to implement robust pricing strategies across all markets has been the key driver behind this significant upgrade.

Looking ahead to H2 23, we anticipate price stability at the same level as in H1 23, as energy costs are also stabilising. On this basis, we have revised upwards our estimates, resulting in a positive impact on our EPS.



Updates

13 May 24 Earnings/sales releases
Q1 24: a rebound is expected in the H2

13 Feb 24 Earnings/sales releases
FY 23: A conservative look to the future

08 Nov 23 Earnings/sales releases
Q3 23: Conservative guidance

31 Jul 23 Earnings/sales releases
H1 23: positive price-cost spread

10 May 23 Earnings/sales releases
Q1 23: Pricing boosts profitability

18 Apr 23 EPS change
Price hikes boost the EPS

13 Feb 23 Earnings/sales releases
FY 22: Price hikes to manage inflation.

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