ECA Sa. ECA SA is a France-based company which designs and delivers robotic equipment and intelligent solutions for both civil and military application. The Company offers vehicles and crafts for detection, inspection and destruction of mines, inspection systems for nuclear power plants, control and command systems, as well as ground and land robots for anti-terrorist missions and others. ECA SA is split into three divisions: Robotics and Integrated Systems, Simulation and Aeronautics. The Company has several subsidiaries, including, ECA CSIP, ECA CNAI, ECA Faros and ECA Sindel, among others. As of December 31, 2011, ECA SA was 56.4%-owned by Groupe Gorge.
  • TickerECASA
  • ISINFR0010099515
  • ExchangeEuronext Paris
  • SectorAerospace & Defense
  • CountryFrance
Jean-François Granjon

ODDO BHF Small & MIDCAP MORNING NEWS - 09/23/2020

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Aurelien Sivignon

ECA : S1 en ligne – OPAS sur 10% du capital et projet de fusion enclenché avec Groupe Gorgé

>Résultats S1 en ligne - Les résultats S1 d’ECA sont en ligne avec nos attentes. Avec un CA S1 en baisse de 25% yoy, l’EBITDA ressort à 5.3 M€ (vs 5.5 M€e) soit une marge de 12.2% (-5 pt). L’essentiel de la marge du S1 vient du pôle Robotique (5.3 M€) alors que le pôle Aerospatial affiche un EBITDA tout juste breakeven (0.3 M€) compte tenu de la réduction rapide de l’activité depuis la crise du COVID. L’EBIT s’établit à -0.9 M€ après comptabilisation de 1.7 M€ de dépr...

Aurelien Sivignon

ECA : H1 in line - simplified tender on 10% of the capital and merger project with Group Gorgé triggered

>H1 results in line - ECA's interim results were in line with our expectations. With H1 sales down 25% y-o-y, EBITDA came in at € 5.3m (vs € 5.5m est.), i.e. a margin of 12.2% -5.5 points). The bulk of the H1 margin stemmed from the robotics division (€ 5.3m), whereas the aerospace activity barely made breakeven at the EBITDA level (€ 0.3m) due to the sharp reduction in activity since the COVID crisis. EBIT was -€ 0.9m after booking € 1.7m in asset impairments on its ...

Jean-François Granjon

ODDO BHF Small & MIDCAP MORNING NEWS - 23/09/2020

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ECA: 1 director bought

A director at ECA bought 49,000 shares at 26.200EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board members...

Aurelien Sivignon

ECA : S1 en ligne – OPAS sur 10% du capital et projet de fusion enclenché avec Groupe Gorgé

>Résultats S1 en ligne - Les résultats S1 d’ECA sont en ligne avec nos attentes. Avec un CA S1 en baisse de 25% yoy, l’EBITDA ressort à 5.3 M€ (vs 5.5 M€e) soit une marge de 12.2% (-5 pt). L’essentiel de la marge du S1 vient du pôle Robotique (5.3 M€) alors que le pôle Aerospatial affiche un EBITDA tout juste breakeven (0.3 M€) compte tenu de la réduction rapide de l’activité depuis la crise du COVID. L’EBIT s’établit à -0.9 M€ après comptabilisation de 1.7 M€ de dépr...

Aurelien Sivignon

ECA : H1 in line - simplified tender on 10% of the capital and merger project with Group Gorgé triggered

>H1 results in line - ECA's interim results were in line with our expectations. With H1 sales down 25% y-o-y, EBITDA came in at € 5.3m (vs € 5.5m est.), i.e. a margin of 12.2% -5.5 points). The bulk of the H1 margin stemmed from the robotics division (€ 5.3m), whereas the aerospace activity barely made breakeven at the EBITDA level (€ 0.3m) due to the sharp reduction in activity since the COVID crisis. EBIT was -€ 0.9m after booking € 1.7m in asset impairments on its ...

Aurelien Sivignon

ECA : Q2 sales well below expectations - better commercial prospects for H2 in Robotics

>Robotics and Aerospace fell sharply in Q2: two different interpretations - ECA reported Q2 sales sharply down: -43% to € 20.5m (vs € 27.8me), In H1, earnings stood at € 43.1m (vs € 50.5me), down 25%. Based on the press release and following a contact with the company, our takeaways are as follows:The robotics division (76% sales in Q2) dropped by 37% in Q2 while we were expecting “only” -18%. In addition to a challenging base effect (+67% in Q2 19 ( >30% of FY s...

Aurelien Sivignon

ECA : CA T2 sensiblement en dessous des attentes – De meilleures perspectives commerciales sur le S2 en Robotique

>La Robotique et l’Aérospatial en fort retrait au T2 : deux interprétations différentes - ECA publie un CA T2 en forte baisse : -43% à 20.5 M€ (contre 27.8 M€e), Sur le S1, les revenus s’établissent à 43.1 M€ (contre 50.5 M€e), en recul de 25%. Du communiqué et d’un contact société, nous retenons les principaux points suivants :Le pôle Robotique (76% CA T2) est en retrait de 37% sur le T2 alors que nous attendions « seulement » -18%. Outre un effet de base challe...

Aurelien Sivignon

ECA : Q1 2020 business reflected growth and was in line – Dividend maintained but reduced

>Q1 sales up 6.4% y-o-y to € 22.6m (in line) - ECA yesterday evening reported Q1 2020 sales up 6.4% y-o-y to € 22.6m, exactly in line with our expectation. Based on the press release and following a contact with the company, our takeaways are as follows:The robotics division (70% of sales Q1) was up 12.8% to € 15.6m (vs € 15.3m estimated), benefiting notably from the execution of the mine detection contract for the Belgian and Dutch navies. In contrast, the aero...

Independent Research

The eInvest Cash Booster Fund (‘the Fund’ or Ticker: ECAS)

eInvest Cash Booster Fund (‘the Fund’ or Ticker: ECAS) is an Exchange Traded Fund (ETF) that listed on 11 November 2019. It is very low risk, return Australian debt and term deposits (TDs) mandate managed by Daintree Capital Management Pty Limited (the ‘Manager’ or ‘Daintree’), a Sydney based boutique fixed income specialist founded in 2017 as a 50/50 joint venture (JV) with PVM Capital Partners Ltd (Perennial)). The Fund targets an annualised return of RBA Cash + 50-75 basis points (bps) after fees with consistent monthly income while trying to minimize volatility, negative perfor...

Jean-François Granjon

ODDO BHF Small & MIDCAP MORNING NEWS - 09/23/2020

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Jean-François Granjon

ODDO BHF Small & MIDCAP MORNING NEWS - 23/09/2020

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Alain William ...
  • Aurelien Sivignon
  • Charles Lepetitpas
  • Christophe Chaput
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hana Maalej
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas David
  • Nicolas Thorez
  • Oussema Denguir
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 04/29/2020

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Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the we...

ECA - Assemblée Générale des actionnaires du 06 juin 2019

Le conseil de la société ne comprend aucun membre libre de conflits d'intérêts potentiels. Afin de pouvoir remplir au mieux la mission de surveillance et de protection de l’ensemble des actionnaires qui lui incombe, il nous semblerait préférable que celui-ci ne soit pas composé de seulement six membres dont trois personnes de la famille Gorgé, actionnaire de contrôle de la société. Ce manque d'indépendance est également illustré par la rémunération du Président du conseil qui est rémunéré par les holdings de contrôle, Groupe Gorgé et Pélican Venture. Cette situation démontre l'extrême dépenda...

SRI Quantitative KPIs

Les analyses Gaïa sont des analyses ESG (Environnement, Social, Gouvernance) dediees aux entreprises de tailles intermediaires (PME, ETI) françaises. Elles presentent 120 indicateurs quantitatifs sur les trois derniers exercices.

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