Report
Pierre Dinet (IDMidCaps)

Assystem - Guidance raised after better-than-expected Q2

Continued double-digit growth in Q2, with very solid business in the nuclear sectorDelays in the start-up of certain contracts more than offset by the installed baseLogical to raise guidanceBUY opinion largely confirmed
Underlying
Assystem SA

Assystem SA is a France-based company that is principally engaged in engineering and innovation consultancy. The Company offers solutions within a number of sectors, such as Aerospace, Defence, Energy, Nuclear, Life Sciences, Infrastructure, Automotive and Transport. The Company develops the infrastructural engineering and externalized R&D services. It's activities include managing infrastructural investments, from conception to dismantling; aerospace mechanical engineering, providing technical services to aerospace, engine and automotive manufacturers and technology & product engineering, providing services in transport, defense, product hardware and software development. The Company is present Europe, North America and Asia. The main shareholder of the Company is HDL Developpement SAS. It operates through Onyx Promavi, Batir Group, Edison Technical Recruitment Ltd, Radicon Gulf Consult, Engineering Partner Automotive Nordic AB and The Biotech Quality Group, among others.

Provider
Degroof Petercam
Degroof Petercam

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Analysts
Pierre Dinet (IDMidCaps)

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