AKKA Technologies : H1 results in line, still characterised by restructuring. Planned acquisition of Akka by Adecco offers a good exit window
>H1 2021 results broadly in line with expectations - Akka yesterday evening reported H1 2021 results in line with expectations. To recap, the group generated H1 2021 sales of € 769.6m (already announced at end-July), down 1.1% in reported terms and -4.7% organically. In terms of the results, the group posted adjusted operating profit of € 40.5m (vs -€ 12.6m in H1 2020), or an adjusted operating margin of 5.3%, in line with our estimates (ODDO BHF € 38.1m, margin 5.0%)...Akka Technologies is an engineering and technology consultancy company. Co. bases its service around two areas which enable it to cover the full life cycle of a product: information and systems technology and engineering. Co.'s activities can be divided into six areas: Mechanical Engineering, Process Engineering, Document Engineering, Industrial Information Technology and Embedded Systems, Information Systems and Consulting. Co. operates mainly in France, Belgium and Germany. Co also operates in Italy, Romania, Switzerland, Spain, England and Canada.
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.