Report
Stephane Houri

2CRSI : Lagging revenue but EBITDA in line with the guidance

>Lagging revenue but EBITDA in line with the guidance - 2CRSI yesterday posted 2018 revenue of € 65m, a 2.1-fold increase on the year (+60% for H2), but € 10m short of the group’s guidance (> € 75m) and the consensus (€ 76m). Management explained that component shortages had forced the group to defer a number of major deliveries. Nonetheless, the group has started to make up for these shortfalls at the start of 2019 and believes it will be able to plug all of the gap ...
Underlying
2CRSI SA

2Crsi SA. 2Crsi SA is a France-based company, which serves as a manufacturer of server solutions and other data storage device wholesaler. Its portfolio of solutions includes Data Centers, which provides customers with smarter storage; Independent Software Vendors (ISV), which enables users to create solutions that optimize customers' data experience; Industries, which provides information technology (IT) equipment for a number of industries, including the aerospace, petroleum, oil & gas and healthcare sectors, among others. Additionally, 2Crsi manufactures a range of products, which includes servers, storage solutions, converged platform, appliances and micro clusters. Its customers include OVH, Free, Dassault Group, CGG Veritas, and many independent software vendors, data centers, distributors, and other businesses, among others.

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
Stephane Houri

ResearchPool Subscriptions

Get the most out of your insights

Get in touch