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Cementir Holding

CR 		Bloomberg   CEM IM
Cement & Aggregates  /  Italy  Web Site   |   Investors Relation
Also operates in : Holding Companies
Solid position in a niche market
Target
Upside 33.0%
Price (€) 14.02
Target Price (€) 18.7
Market Cap (€M) 2,231
Perf. 1W: 3.85%
Perf. 1M: 6.37%
Perf. 3M: 30.3%
Perf Ytd: 33.0%
10 day relative perf. to stoxx600: 0.67%
20 day relative perf. to stoxx600: 6.99%
EPS change12/11/2024 17:49
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Change in EPS2024 : € 1.18 vs 1.08+8.76%
2025 : € 1.18 vs 1.05+12.5%

We have raised our EBITDA estimates, as we observe signs of a volume improvement. Volumes appear to have passed the trough, and we believe the company’s price stability and cost management will help improve margins, positively impacting our EPS.
Change in DCF€ 15.6 vs 14.3+9.51%

We have revised our Sales and EBITDA estimates for the coming years as we believe that the company will maintain its EBITDA margin while volumes recover, leading to improvements in both EBITDA and FCF.
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