Company Corticeira Amorim, SGPS, S.A.

Equities

COR

PTCOR0AE0006

Forest & Wood Products

Market Closed - Euronext Lisbonne 11:35:03 2024-04-22 am EDT Pre-market 02:39:12 am
9.72 EUR +0.10% Intraday chart for Corticeira Amorim, SGPS, S.A. 9.76 +0.41%

Business Summary

Tracing its roots back to the 19th century, Corticeira Amorim, SGPS, S.A. has become the world's largest cork and cork-derived company in the world, generating more than EUR 1,021 million in sales to more than 100 countries through a network of dozens of fully owned subsidiaries. With a multi-million Euro R&D investment per year, Corticeira Amorim, SGPS, S.A. has applied its specialist knowledge to this centuries-old traditional culture, developing a vast portfolio of products, solutions and materials that are used by blue-chip clients in industries as diverse and demanding as wines & spirits, aerospace, automotive, construction, sports, architecture and design.

Net sales by business unit break down between Cork Stoppers (72.8%), Floor and Wall Coverings (12.5%), Composite Cork (12%), Insulation Cork (1.4%) and Raw Materials (1.4%).

Net sales are distributed geographically as follows: Portugal (7.5%), EU excluding Portugal (62.6%), Other European countries (2.4%), the United States (14.6%), America excluding the United States (7%), Australasia (4.5%) and Africa (1.4%).

Corticeira Amorim, SGPS, S.A.'s responsible approach to raw materials and sustainable production illustrates the remarkable interdependence between industry and a vital ecosystem - one of the world's most balanced examples of social, economic and environmental development.

Sales per Business

EUR in Million2021Weight2022Weight Delta
Stoppers
72.8 %
583 69.5 % 743 72.8 % +27.54%
Coatings
12.5 %
118 14.1 % 127 12.5 % +8.03%
Composites
12.0 %
114 13.6 % 122 12.0 % +6.82%
Raw Material
1.4 %
10 1.2 % 14 1.4 % +37.95%
Insulation Cork
1.4 %
12 1.5 % 14 1.4 % +14.14%
Holding
0.0 %
0 0.0 % 0 0.0 % +96.24%

Sales per region

EUR in Million2021Weight2022Weight Delta
European Union
62.6 %
501 59.8 % 639 62.6 % +27.50%
United States
14.6 %
141 16.9 % 150 14.6 % +5.84%
Portugal
7.5 %
60 7.1 % 77 7.5 % +28.38%
Rest of America
7.0 %
58 6.9 % 71 7.0 % +23.11%
Australia/Asia
4.5 %
36 4.3 % 46 4.5 % +25.16%
Rest of Europe
2.4 %
30 3.6 % 25 2.4 % -16.85%
Africa
1.4 %
11 1.4 % 14 1.4 % +26.07%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 90-03-28
Director/Board Member 56 96-12-31
Director/Board Member 63 90-12-31
Investor Relations Contact - 17-08-31
General Counsel 57 14-03-23

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 57 90-03-28
Director/Board Member 54 03-03-27
Director/Board Member 51 03-03-27
Director/Board Member 63 90-12-31
Director/Board Member 56 96-12-31
Director/Board Member 83 12-07-19
Director/Board Member 55 -
Director/Board Member 63 -
Director/Board Member 60 -
Director/Board Member 73 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 133,000,000 38,028,157 ( 28.59 %) 0 28.59 %

Shareholders

NameEquities%Valuation
Amorim - Investimentos e Participações SGPS SA
51.00 %
67,830,000 51.00 % 720 M €
13,414,387 10.09 % 142 M €
8,290,767 6.234 % 88 M €
2,717,195 2.043 % 29 M €
2,717,195 2.043 % 29 M €
OP Asset Management Ltd.
1.541 %
2,050,000 1.541 % 22 M €
IM Gestão de Ativos SGFI SA
0.7775 %
1,034,111 0.7775 % 11 M €
GVC Gaesco Gestión SGIIC SA
0.7615 %
1,012,769 0.7615 % 11 M €
Amundi Asset Management SA (Investment Management)
0.5818 %
773,790 0.5818 % 8 M €
Crédit Mutuel Asset Management SA
0.5429 %
722,000 0.5429 % 8 M €

Company contact information

Corticeira Amorim SGPS SA

Rua de Meladas, Nº 380 Mozelos

4536-902, Santa Maria da Feira

+351 22 747 5400

http://www.amorim.com
address Corticeira Amorim, SGPS, S.A.(COR)

Group companies

NameCategory and Sector
Forest Products
Forest Products
Industrial Specialties
Forest Products
Amorim Champcork SA
Forest Products

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
9.72 EUR
Average target price
11.81 EUR
Spread / Average Target
+21.47%
Consensus

Quarterly revenue - Rate of surprise

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