Agta Record : A resilient H1 given the context
>H1 pro forma operating profit of € 14.5m, i.e. an operating margin of 9% (-410bp) - On Friday Agta Record published H1 pro forma results for its activities divested on 31 August 2020. Note that these divestments (5 activities representing 20% of group sales) were made in order to fulfil the conditions laid down by the European Commission as part of Agta Record’s acquisition by Assa Abloy. Half-year sales were down by 7% to € 160.7m, EBITDA was down 27% to € 21.4m, i...Agta Record is an automatic door systems manufacturing group based in Switzerland. Co. is primarily involved in the manufacturing, installation and maintenance of automatic door systems. Co.'s product range includes all types of sliding doors, telescopic, swing or folding as well as revolving doors. Additionally, Co. offers hygienic and air-tight doors, plus burglar and fire-resistant doors and break-out systems for the use in escape and rescue routes. Co. also manufactures telescopic, round and angled sliding doors, as well as burglar resistant models.
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.
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