HLBZF - Vicat: A Cheap Cement Producer With Exposure To Frontier Markets

• Vicat is a France-based cement producer with operations in Europe, the U.S., and a range of emerging and frontier markets.
• The stock has lagged its peers since the March sell-off, despite decent operational performance.
• Insiders bought more shares during Q2, showing their confidence in the solid long-term prospects of the business.
• Vicat has paid a steady dividend in recent years, equating to a 5.1% yield at the current share price.

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