AKKA Technologies : Nice surprise on the margin in 2019 but limited visibility for 2020
>2019 margin in line with the guidance, despite the slowdown in Q4 - After the close yesterday AKKA yesterday reported better-than-expected 2019 results at the adjusted EBIT level and below forecasts at the net profit level. The group had already reported full-year sales of € 1,802m, showing economic growth of 4.4%, with a sharp slowdown in Q4 (+1.3% economic growth). Recapping on Q4, the group said that factors that contributed to the slowdown included: 1/ a slower1et...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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