Agta Record : H1 sales in line – Pending the close of the deal to sell Agta Finance’s majority block to Assa Abloy
>H1 sales down 7.3% (-8% l-f-l) to € 178.1m (vs € 178.5m est.) - Yesterday evening, Agta Record published H1 sales that were down 7.3% to € 178.1m, in line with our forecast of € 178.5m (-7%e) and implying Q2 sales of € 86.4m (vs € 86.8m est.). Excluding the forex effect, which remains relatively insignificant, the decline in organic growth stood at -8% over the first half of the year. Over this same period, the maintenance business limited its decline to 2.4% (sal...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.