Report
Nicolas David

AKKA Technologies : PDS Tech acquisition finalised

>Akka yesterday finalised the acquisition of PDS Tech in the US - Akka yesterday announced it had finalised the acquisition of PDS Tech in the US. As a reminder, PDS specialises in staffing for the aerospace industry and is expected to generate $ 300m of revenue (€ 250m) in 2018. The operating margin, disclosed indirectly yesterday evening, is set to be between 3.0% and 3.5% in 2018, an improvement of 100bp. Akka has spent at little under $ 100m, i.e. 0.3x revenue and...
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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