Bryan Garnier - CAST SA (CAS) CAST: H1 2019 losses lower than expected; breakeven in sight for 2019 | BUY | EUR4.3

Report

Bryan Garnier

Gregory Ramirez

CAST: H1 2019 losses lower than expected; breakeven in sight for 2019 | BUY | EUR4.3

CAST - BUY | EUR4.3
H1 2019 losses lower than expected; breakeven in sight for 2019

H1 2019 losses were below our expectations
Net cash position burdened by a surge in account receivables
Breakeven point for 2019 lowered
We reiterate our Buy rating

17/09/2019 4 EN

Underlying

CAST SA

Cast is engaged in the design, publishing and distribution of computer software programs. Co. also offers IT consulting and technical assistance for professional information systems. Co. operates in France, U.S.A., Belgium, Spain, Italy, Switzerland, and Germany.

See profile

FR0000072894 Euronext Paris France

Provider

Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

See profile

Analysts

Gregory Ramirez

Other Reports on these Companies

GlobeNewsWire

Deloitte partners with CAST to launch a "Green IT by Design" offering

Deloitte partners with CAST to launch a "Green IT by Design" offering NEW YORK and PARIS, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Today Deloitte and CAST announced a new service offering – Green IT by Design, designed to help organizations define and rollout Digital Sobriety strategies, delivered by Deloitte and powered by software intelligence provided by CAST. The topic of Digital Sobriety has become increasingly important within the Corporate Social Responsibility framework and Digital Sobriety is now seen as a strategic priority for managing companies at all organization levels and across ...

October 20, 2022 October 20, 2022 1 EN

GlobeNewsWire

CAST expands ecosystem to help accelerate Application Modernization for Cloud

CAST expands ecosystem to help accelerate Application Modernization for Cloud NEW YORK and PARIS, June 09, 2022 (GLOBE NEWSWIRE) -- CAST, the leading provider of software intelligence, today announced the expansion of its ecosystem to help organizations migrating complex custom-built software to cloud. These business-critical applications are mostly designed for very different environments and need to be modernized when moving to cloud. Typically, there is no accurate intelligence about their actual architecture or what needs to change inside. The success and pace of the entire journey h...

June 9, 2022 June 9, 2022 1 EN

GlobeNewsWire

CAST revenue stable in Q1 as CAST confirms transition to annual subscriptions

CAST revenue stable in Q1 as CAST confirms transition to annual subscriptions Revenue in M€20222021Variation% TCC*T18,89,0-0,16-1,7 % * At current exchange rate NEW YORK and PARIS, May 03, 2022 (GLOBE NEWSWIRE) -- First quarter revenue amounted to €8.8 million, nearly same as in 2021, reflecting unfavorable comparison to Q1 2021, which was marked by a major transaction with a System Integrator amounting to nearly 20% of Q1 2021 software revenue. In addition, more than 90% of new business in the quarter was conducted on annual subscription or short-term license basis, in order to graduall...

May 3, 2022 May 3, 2022 1 EN

Fastned: H1 results, GM recovery, roll-out acceleration expected in H2

This morning, Fastned published its H1 2025 key metrics and number of operating stations. H1 sales came in at EUR54.3m (+44% YoY), implying revenue of EUR26.3m in Q2 2025 (-9% vs cons. at EUR28.9m) and pointing to an annual run-rate of at least EUR108m (vs cons. at EUR130.8m for FY25 and STFe EUR13

13h / 56m 13h / 56m 1 EN

Mahaut Arnaud ... (+3)

Mahaut Arnaud
Paul de Froment
Thomas Mordelle

Avantium: financing package update

Yesterday, Avantium announced it had reached a conditional agreement with ABN AMRO, ASN, ING, Invest-NL and Rabobank to extend and amend its senior debt facility agreement, representing up to EUR125.1m as of December 2024. As such, (i) the remaining EUR14.1m debt commitment would be cancelled in ex

August 13, 2025 August 13, 2025 1 EN

Damien Choplain ... (+2)

Damien Choplain
Oscar Haffen Lamm

Valneva : Strong H1 - Key Lyme vaccine catalyst ahead in Q4

Valneva delivered a solid H1 and reaffirmed its 2025 guidance. The company’s cash position, standing at €161m, is sufficient to fund operations through 2027e, providing solid financial visibility. Looking ahead, the next key catalyst is the Phase III data readout for VLA15, Valneva’s Lyme disease v

August 12, 2025 August 12, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

CAST: H1 2019 losses lower than expected; breakeven in sight for 2019 | BUY | EUR4.3

Deloitte partners with CAST to launch a "Green IT by Design" offering

CAST expands ecosystem to help accelerate Application Modernization for Cloud

CAST revenue stable in Q1 as CAST confirms transition to annual subscriptions

Fastned: H1 results, GM recovery, roll-out acceleration expected in H2

Avantium: financing package update

Valneva : Strong H1 - Key Lyme vaccine catalyst ahead in Q4

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe