Cementir Holding | CEM IM | Cement & Aggregates | Italy | Updates

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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 27.6%

Price (€) 13.62

Target Price (€) 17.4

Market Cap (€M) 2,167

Perf. 1W:	2.25%
Perf. 1M:	-5.15%
Perf. 3M:	19.7%
Perf Ytd:	29.2%

10 day relative perf. to stoxx600:	5.75%
20 day relative perf. to stoxx600:	5.57%

EPS change22/03/2022 15:43

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Change in EPS	2022 : € 0.82 vs 0.85	-3.34%
	2023 : € 0.88 vs 0.90	-2.03%
We have updated our model following the FY21 results announcement. 2021 EPS is down by €0.04, the difference arising mainly from the net exchange rate losses of €13.6m. In addition, we have lowered our earnings estimates for 2022 and 2023 (estimated EPS down by €0.03 and €0.02 respectively) given the unfavourable backdrop of energy price inflation.

22 Mar 22 EPS change
We have updated our model following the FY21...

09 Feb 22 Earnings/sales releases
FY 21: EBITDA at all-time high level

12 Nov 21 Earnings/sales releases
9M 21: well managed cost inflation

03 Nov 21 ESG related
Cementir Holding accelerating from grey to green

29 Jul 21 Earnings/sales releases
H1 21: all regions in recovery mode

29 Jul 21 Opinion change
Following a good set of H1 results, along wi...

06 May 21 Earnings/sales releases
Q1 21: growth momentum continues

16 Mar 21 Opinion change
Following the group's full FY20 results, we have...

10 Mar 21 Earnings/sales releases
FY20 results - a Turkish Delight

08 Feb 21 Opinion change
Following the group's preliminary FY20 results,...