Degroof Petercam - Societe Pour LInformatique Industrielle (SII) SII - The Group outperforms the sector

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Degroof Petercam

Denis Scherrer (IDMidCaps)

SII - The Group outperforms the sector

EBIT before share-based payment up 10% in H1, with margin down by just 0.25pt, a better performance than peers and slightly ahead of our expectationsInternational operations continue to post double-digit growth and an EBIT margin (before share-based payment) of over 12%, thanks in particular to Germany and despite weaker momentum in Poland.In France, SII's momentum is slowing, as is that of all its comparables, but it is still growing organicallyIn Q3, the Group is targeting sales growth of 7-10%, or +2 to +5% on an organic basis according to our estimates, which would still place it at the top end

08/12/2023 1 EN

Underlying

Societe Pour L'Informatique Industrielle

Societe Pour l Informatique Industrielle SA is a France-based company principally engaged in the provision of consultancy services to enterprises in the industrial, financial and service sectors on the implementation of technically complex projects, including technical and industrial systems, telecommunications and networks, e-banking, information systems, systems administration and new information and communication technologies. The Company has two principal activities: the external research and development in data processing and telecommunications, and integration of systems in technical data processing and networks. It offers a range of services, including consulting and studies, development engineering and tests, as well as deployment and maintenance. The Company has such subsidiaries as Rucker Aerospace GmbH, Rucker France and its Dutch subsidiary Silver Aerospace BV, and I+D group in Colombia, among others.

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FR0000074122 Euronext Paris France

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Degroof Petercam

We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

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Analysts

Denis Scherrer (IDMidCaps)

Other Reports on these Companies

GlobeNewsWire

SII : COMMUNIQUÉ RELATIF À LA MISE EN ŒUVRE DU RETRAIT OBLIGATOIRE VISANT LES ACTIONS DE LA SOCIÉTÉ SII CONSÉCUTIVEMENT À L’OFFRE PUBLIQUE D’ACHAT SIMPLIFIÉE INITIÉE PAR LA SOCIÉTE SII GOES ON

SII : COMMUNIQUÉ RELATIF À LA MISE EN ŒUVRE DU RETRAIT OBLIGATOIRE VISANT LES ACTIONS DE LA SOCIÉTÉ SII CONSÉCUTIVEMENT À L’OFFRE PUBLIQUE D’ACHAT SIMPLIFIÉE INITIÉE PAR LA SOCIÉTE SII GOES ON Agissant de concert avec Monsieur Bernard Huvé, Madame Alexia Slape, Monsieur Arnaud Huvé, Monsieur Alban Huvé, Madame Christiane Guillebaut, Monsieur Eric Matteucci, Monsieur Antoine Leclercq, Monsieur François Goalabré, Monsieur Charles Mauclair, Monsieur Didier Bonnet et BTO Sanok S.à r.l. MONTANT DE L’INDEMNISATION : 70,00 euros par action Société pour l’Informatique Industrielle ...

February 29, 2024 February 29, 2024 1 EN

GlobeNewsWire

SII : Succès de l’offre publique d’achat simplifiée visant les actions SII - SII Goes On et les membres du concert franchissent les seuils de 90% du capital et des droits de votes de SII permettant la mise en œuvre d’un retrait obligatoire.

SII : Succès de l’offre publique d’achat simplifiée visant les actions SII - SII Goes On et les membres du concert franchissent les seuils de 90% du capital et des droits de votes de SII permettant la mise en œuvre d’un retrait obligatoire. Paris, le 26 février 2024 Succès de l’offre publique d’achat simplifiée visant les actions SII SII Goes On et les membres du concert franchissent les seuils de 90% du capital et des droits de votes de SII permettant la mise en œuvre d’un retrait obligatoire. Paris, le 26 février 2024 – Société pour l’Informatique Industrielle (ISIN...

February 26, 2024 February 26, 2024 1 EN

SmartInsider

SII: 4 directors

Four Directors at SII sold after exercising options/sold 62,657 shares at 70.000EUR. 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....

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February 24, 2024 February 24, 2024 1 EN

Shurgard - Q1 2024 - A start to 2024

All store revenue up 7.1% YoY at EUR 93.4m driven by higher rent prices (4.2%), and larger portfolio (+4.9%), offset by lower occupancy (86.7%)Same store revenue up 4.0% (CER), average occupancy is down 60bps at 89.2% YoY, and in place rent up 3.3%.EPRA results up 12.6% YoY, EPRA EPS at EUR 0.35 (+3.1%) post ABB.Leverage remains very low at 14.6% (vs. 13% at December end) and net debt/EBITDA at 3.5x and ICR stands at 13.4x.We reiterate our ‘Buy' rating and EUR 47.00 TP.More details in our Note published this morning.

May 3, 2024 May 3, 2024 1 EN

Kris Kippers

Kris Kippers

GBL - Q1 24: NAV +2% and stable dividend guided

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May 3, 2024 May 3, 2024 1 EN

Fernand de Boer

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Ontex - A strong start to the year

LFL sales growth and EBITDA of continuing activities exceeded our and CSS estimates. In addition, for the first time since 2017 (Pre-IFRS 16), leverage dropped to below 3x. Guidance unchanged on sales growth and margins, where it could be argued that there is room to raise. However, we understand management remains cautious as market conditions stay challenging. We reiterate our Buy rating and TP of EUR 13.50

May 3, 2024 May 3, 2024 1 EN

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SII - The Group outperforms the sector

SII : COMMUNIQUÉ RELATIF À LA MISE EN ŒUVRE DU RETRAIT OBLIGATOIRE VISANT LES ACTIONS DE LA SOCIÉTÉ SII CONSÉCUTIVEMENT À L’OFFRE PUBLIQUE D’ACHAT SIMPLIFIÉE INITIÉE PAR LA SOCIÉTE SII GOES ON

SII : Succès de l’offre publique d’achat simplifiée visant les actions SII - SII Goes On et les membres du concert franchissent les seuils de 90% du capital et des droits de votes de SII permettant la mise en œuvre d’un retrait obligatoire.

SII: 4 directors

Shurgard - Q1 2024 - A start to 2024

GBL - Q1 24: NAV +2% and stable dividend guided

Ontex - A strong start to the year

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