Financial PerformanceDespite the weakness of its markets, Mersen should be able to report EBITDA of €200m, a new record.
Market OpportunitiesSome major markets, such as aerospace and rail, continue to be buoyant, and the US industrial markets are enjoying favourable momentum.
ValuationMersen, which is still trading on the lowest valuation multiples in its history, still represents a clear Buy opportunity.