Report
Nicolas David

AKKA Technologies : H1 18 results confirm margin recovery in Germany

>In line H1 results with noticeable margin expansion in Germany - Akka yesterday evening published H1 2018 results in line with expectations:Revenue - already published in July - was € 712m up +6.8% y-o-y, o/w +7.9% economicEBIT came in just in line with expectations at € 48.8m (consensus: € 49m - Oddo BHF: € 49m) corresponding to a 6.9% margin (vs 6.2% in H1 17). In terms of geographies, the France H1 operating margin expanded by 40bp y-o-y to 7.4% (consen...
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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