French Materials Low Leverage High Rewards

Vicat

Market Cap: €2.2b

Engages in the production and sale of cement, ready-mixed concrete, and aggregates for construction industry.

Exacompta Clairefontaine

Market Cap: €177.6m

Engages in producing, finishing, and formatting of papers in France, Europe, and internationally.

Oeneo

Market Cap: €584.2m

Operates in the wine industry worldwide.

Groupe Guillin

Market Cap: €509.7m

Produces and sells food packaging products in France and internationally.