Report
Nicolas David

AKKA Technologies : Bonne dynamique de croissance et marge mais le FCF est décevant

>Le FCF 2018 est plus faible qu’il n’y parait - Tandis que les résultats 2018 du groupe sont ressortis globalement en ligne avec les attentes (ROA de 118 M€ vs Css 120 M€), Akka a publié un FCF (FCFF - avant frais financiers selon la définition du groupe) de 69 M€, ajusté de 31 M€ d’impacts favorables temporaires (cessions de créances fiscales). Il atteint ainsi 4.6% du CA, en ligne avec la guidance du management (>=4.5%) et apparemment meilleur qu’attendu (Css : 54 M...
Underlying
AKKA Technologies SE

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Nicolas David

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