AKKA Technologies : Akka stands out for its resilience, but it is still too soon to take positions on the stock in our view. Neutral recommendation maintained
>Q3 economic growth better than expected at +5.0% (vs +3.1% estimated) - Akka reported on the evening of Tuesday, 12 November, Q3 sales ahead of expectations (1% above the consensus), with organic growth of 5.0% y-o-y, in line with Q2 (+4.8%) and ahead of our expectations (3.1%). Despite a challenging base effect in France (exceptional contract of c.€ 6m in Q3 2018), the region posted robust economic growth of +5.4% (vs +11.0% in Q2). Germany moved back into positive ...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.
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