STOCK TITAN

Vicat S A Stock Price, News & Analysis

VVCTY OTC

Welcome to our dedicated page for Vicat S A news (Ticker: VVCTY), a resource for investors and traders seeking the latest updates and insights on Vicat S A stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vicat S A's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vicat S A's position in the market.

Rhea-AI Summary

On November 15, 2021, Vicat Group signed a €250 million financing agreement via a Private Placement with US investors. The agreement includes two tranches: €100 million with a 10-year maturity at 1.27% fixed rate, and €150 million with a 15-year maturity at 1.57% fixed rate. This financing enhances liquidity, extends debt maturity, and lowers the average debt ratio from 2.82% to 2.23% (pro forma excluding IFRS16 debt). Investors can expect full-year results on February 15, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhea-AI Summary

The Vicat Group held a Capital Markets Day in L'Isle d'Abeau, France, to present its Climate Strategy. The company aims for carbon neutrality in its value chain by 2050 and has set 2030 emissions targets. Investments to achieve these goals are estimated at 800 million euros from 2021 to 2030. Over two-thirds of EBITDA is generated from eight plants in Europe and the U.S., where competitive modernization is crucial. Noteworthy projects include hydrogen production initiatives like HYNOVI and Genvia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

The Vicat Group has announced its financial communication agenda for 2022, including key dates for financial results and events. Significant announcements include:

  • 2021 Full Year Sales and Results: February 15, 2022 (after market closing)
  • Annual General Meeting: April 13, 2022
  • 2022 First Quarter Sales: May 4, 2022 (after market closing)
  • 2022 Half Year Results: July 27, 2022 (after market closing)
  • 2022 Nine-Month Sales: November 7, 2022 (after market closing)

Vicat operates in 12 countries and generated €2.805 billion in sales in 2020.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
Rhea-AI Summary

Vicat reported consolidated sales of €2,354 million for the nine months ending September 30, 2021, reflecting a 19.7% increase at constant scope and exchange rates compared to the same period in 2020.

Sales grew in all regions, with notable increases of 39.0% in Asia and 64.3% in the Mediterranean. The Group's performance showed 14.9% growth compared to 2019 figures. The CEO highlighted the strong sales trajectory despite challenges in certain regions, citing effective financial and operational strategies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Vicat S A

OTC:VVCTY

VVCTY Rankings

VVCTY Stock Data

Other Crushed and Broken Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
France
Paris