Report
Delphine Brault ...
  • Sylvain Goyon, CFA

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 09/11/2018

There is a persistent feeling of malaise in the European market. We see it as the result of contradictory signals sent out by the metrics normally used to gauge the stage of the cycle (labour market). Provided it is not wrong-footed by the major announcements coming up (US midterms and ECB) the market is willing, temporarily, to hear “a different story” - that the cycle is not dead yet. Broadly speaking, a return of confidence in the cycle could be expected to favour the sectors whose...
Underlyings
Compagnie Financiere Richemont S.A. (South African Un)

Iliad

Iliad is an operator in the French internet access & telecommunications markets. Co. divides its operations into three business segments: Broadband, Traditional Telephony, and Retail Telecom. Broadband includes Internet service provider operations, hosting services, user assistance operations & operations related to the rollout of the FTTH (fiber-to-the-home) network. Traditional Telephony includes switched landline telephony (One.Tel and Iliad Telecom), directory services (mainly the ANNU reverse look-up directory accessible by Minitel, telephone, Internet and SMS text messaging) and e-commerce operations (Assunet.com). Retail Telecom offers various mobile phones & services to customers.

Schneider Electric Infrastructure

Schneider Electric Infrastructure Limited is engaged in the business of manufacturing, designing, building and servicing technologically advanced products and systems for electricity distribution, including products, such as distribution transformers, medium voltage switchgears, medium and low voltage protection relays and electricity distribution and automation equipment. The Company's geographical segments include India and Outside India. Its products and services include transformers, equipments, components, ring main units, auto-reclosures and automation. It offers solutions for utility, cement, automobile, glass, solar, wind, transport, oil and gas, and smart city. Its equipments include Power Special Breaker Solutions, Modular Power Substation, Power GIS Switchgear and Power AIS Switchgear. It offers Furnace Transformers, Aluminum Wound transformers, Earthing Transformers, Converter Duty/Rectifier Duty/Inverter Transformers, With Solar Transformers and Vegeta Oil Transformers.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

Sylvain Goyon, CFA

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