Derichebourg share drops on the day of its €800 million green bond issuance
As Monday's close approaches, Derichebourg share is among the steepest declines of the SBF 120, in a session that is otherwise globally stable for the index. The decline occurs on the same day the recycling group launched a €800 million green bond issuance, primarily intended to refinance the Scholz acquisition and a portion of its existing debt.
A marked decline that places the share below its first two moving averages
Derichebourg falls 3.64% during the session to €8.88, while the CAC 40 gains 0.33% and the SBF 120 advances 0.26%. This counter-trend movement places the share significantly below its 20-day moving average at €9.09 (deviation of -2.37%) and its 50-day moving average at €9.36 (deviation of -5.18%), two thresholds the share had approached in recent weeks. Only the 200-day moving average at €8.64 remains below the current price, forming a floor to monitor.
The RSI at 47 reflects a neutral configuration, without extreme oversold signals, which does not rule out a deepening toward the support identified at €8.77, near which the share is already trading. Over the week, the decline reaches 3.01%, and over one month it exceeds 6%, in a consolidation movement following a 73.5% advance over twelve months.
The €800 million green bond issuance places the financial structure at the center of analysis
The group announced on Monday the launch of a €800 million green bond issuance, backed by a green financing framework adopted in June 2026. The operation primarily aims to refinance the Scholz acquisition and lighten a portion of existing debt. In this context, the analyst consensus values the share on the basis of a P/E of approximately 9.3 times expected earnings for the current fiscal year and 8.2 times for the following fiscal year, with earnings per share growth projected at +13.1% from one fiscal year to the next.
Upon publication of H1 2026 results (May 28, 2026), management adopted a cautious tone, evoking difficulties encountered in the second half of the previous fiscal year and increased vigilance in light of the geopolitical context. The gradual uptick in scrap volumes, supported by the carbon border adjustment mechanism, was among the opportunities highlighted on this occasion. The support level at €8.77, now very close to the current price, constitutes the next chart reference point for the session.
