AKKA Technologies : Q1 in line. Profitability plan on track, but still no visibility on an upturn
>Q1 2021 revenue € 385.2m (-15.3% organic), close to our forecast & css - Akka’s revenue fell by 9.6% reported in Q1 to € 385.2m, coming out close to our forecast (1% above) and that of the consensus (ODDO BHF and consensus at € 381.7m). Stripping out scope effects (Data Respons consolidated over 2 months), organic growth was negative at -15.3% (vs -29.3% in Q4 2020) on an economic basis, which now factors in Covid-19, but confirmed that business has been (gradually) ...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.