The H1 18 results are OK, despite the fact cash costs have gone up mainly on energy costs. Aubert & Duval experienced a difficult H1 while forex also took its toll. The results remain decent and various initiatives are on the cards (such as the full acquisition of Mineral Deposits), so we are not too worried on the long-term prospects but price (and costs) volatility will remain.
25 Jul 2018
H1 18: not really perfect; on the right track though
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H1 18: not really perfect; on the right track though
Eramet SA (ERA:PAR) | 0 0 (-1.2%) | Mkt Cap: 3,199m
- Published:
25 Jul 2018 -
Author:
Fabrice Farigoule -
Pages:
3
The H1 18 results are OK, despite the fact cash costs have gone up mainly on energy costs. Aubert & Duval experienced a difficult H1 while forex also took its toll. The results remain decent and various initiatives are on the cards (such as the full acquisition of Mineral Deposits), so we are not too worried on the long-term prospects but price (and costs) volatility will remain.