Air France-KLM : Le Covid-19 masque la progression de la transformation
>T4 2019 en ligne en dépit d’un effondrement du fret - Le T4 2019 est ressorti globalement en ligne avec les attentes avec un EBIT de 96 M€ (ODDO BHF : 104 M€, Cons : 100 M€ et 53 M€ au T4 2018) pour un CA de 6.6 Md€. Le principal écart par rapport à notre modélisation vient de l’impressionnante détérioration de la recette unitaire cargo qui dégringole de 17.1% sur le seul T4 en raison d’une chute des volumes au départ d’Asie et de surcapacités sur l’Amérique du Nord....Air France-KLM is a holding company. Through its subsidiaries, Co. is engaged in transporting passengers and cargo, aeronautics maintenance and other air-transport related activities, including catering and charter services. Co. operates in six geographical regions: Metropolitan France; Europe (except France) and North Africa; Caribbean, French Guiana and Indian Ocean; Africa, Middle East; Americas, Polynesia; and Asia and New Caledonia. Co. organizes its business around the following four segments: Passenger, providing passenger transportation services on scheduled flights; Cargo, transporting freight on flights and selling cargo capacity to third parties; Maintenance, and Other activities.
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.