A European leader in the distribution of specialty steels
Forum LPB - 28 & 29 September 2021
1. A European leader in the distribution of specialty steels
Group overview
Sales LTM: €1.6bn
2,918 employees - 107 distribution centres - 25 countries
Worldwide footprint
Sales breakdown
Outside Europe 2%
Other Europe 25%
North America 5%
Italy 7%
H1 2021 sales breakdown
Germany 37%
France 9%
Netherlands 8%
Spain 7%
3
JACQUET
Asia & others 7%
Germany 13%
Other
France 10%
Europe 24%
€201m
Netherlands 9%
Italy 6%
North AmericaSpain 6% 25%
Stainless steel quarto plates
* H1 2021 sales breakdown
3 divisions
Sales breakdown*
STAPPERT
Outside
Germany 41%
Europe 2%
€297m
Other
France 6%
Netherlands 5%
Europe 46%
Stainless steel long products
IMS group
Germany 46%
Italy 11%
€446m
Outside
Europe 1%
France 11%
Other
Europe 12%
Netherlands 8%
Spain 11%
Engineering steels
4
Global situation
Market conditions
The Group's business and profitability benefited from both a well oriented demand with sold volumes increased by +21.7% compared to H1 2020 and the increase in raw materials prices.
Market conditions at the beginning of Q3 stayed in line with the Q2 trend.
Solid performance in H1 2021
Sales
€937m / +28.9% vs H1.20
Inventories
EBITDA
€81m / 8.6% vs 2.6% in H1.20
CAPEX
Net income (Group share)
€43m vs €(15)m in H1.20
Gearing
€396m +€29m vs 2020 year-end
€15m
20% vs 28% at 2020 year-end
Divisions
Sales
EBITDA*
IMS group
47%
JACQUET
Var. H1.21 vs
21%
H1.20
In €m
32%
In % of sales
STAPPERT
*excl. IFRS 16 impacts
JACQUET
+€19m
24
5
3,1%
11,8%
STAPPERT
IMS group
+€34m
+€10m
29
8 18
3,7%
6,0%
6,4%
-1,5%
-5
5
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Disclaimer
Jacquet Metal Service SA published this content on 28 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2021 06:41:01 UTC.
Jacquet Metals is one of the largest European distributors of specialty steels. Net sales (including intragroup) break down by family of products as follows:
- mechanical construction steel (49.2%; IMS group): bars made of carbon steel, pre-treated steel, polished pipes, etc.;
- long stainless-steel products (27.6%; Stappert);
- stainless steel quarto plates and anti-abrasion steel (23.2%; Jacquet): alloy steel plates, perforated plates, mill rods, manganese molded parts, etc.
At the end of 2023, the group had a network of 123 distribution centers in Europe, Turkey, the United States, China and Korea.
Net sales are distributed geographically as follows: France (9.5%), Germany (37.4%), Spain (7%), Netherlands (6.7%), Italy (6.8%), Europe (22.9%), North America (7.1%) and other (2.6%).
JACQUET METALS 
