Seche Environnement plunges 12% on profit warning; Portzamparc downgrades

Seche Environnement SA

11/09/2025 10:11

** Seche Environnement shares CCHE.PA fall 12.4%, on course for worst day since April

** French waste manager on Wednesday cut 2025 EBITDA guidance by 15 million euros ($17.54 million), narrowed 2026 forecast to 260-300mln euros from 285-325mln euros

**  Portzamparc downgrades SCHP to "hold" from "add" after "unexpected profit warning" amid lower energy prices, cautious macroeconomic outlook

** Says margin target drop is disappointing but comes mainly from energy sales, whose prices are inherently uncertain

** Broker sees few positive drivers in the near term but adds that "a good surprise is possible" for 2026 financial year

($1 = 0.8553 euros)

($1 = 0.8554 euros)

 (Reporting by Jérôme Terroy)

 ((jerome.terroy@thomsonreuters.com))