Report
Julien Onillon
EUR 250.00 For Business Accounts Only

G.E.A, Q3 2018 Sales and company visit

G.E.A. reported an increase in sales for its fiscal year and over the third calendar quarter. Not restated for deferred income, the toll systems company's sales increased by nearly 20% over 12 months and almost doubled in the last quarter. Although it is important to be cautious (the restatement of deferred income may have a significant impact on final revenues), these good figures reflect a good level of delivery and lead us to revise upwards our earnings estimates for the year.

Underlying
Grenobloise d'Electronique et d'Automatismes SA

Grenobloise d'Electronique et d'Automatismes is a manufacturer of toll collection equipment. Co. offers to its clients Automated Toll Plazas (automatic toll lanes accepting all means of payment; automatic vehicle classification systems; audio and video systems providing real-time remote assistance to patron; integration of contactless smart card payment systems; and ETC systems compliant with CEN TC 278), and Car Park Access and Toll Control Systems (entry lane terminals; intermediary lanes for access to private areas; exit lane terminals; pedestrian access control terminals; automatic payment machines; manual payment machines; car park supervision servers; and central computer systems).

Provider
LPE Research
LPE Research

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Analysts
Julien Onillon

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