Report
Nicolas David

AKKA Technologies : Q4 2018 growth better than expected and positive message on 2019

>Q4 2018 organic growth ahead of expectations - Akka Technologies yesterday evening reported Q4 2018 sales of € 444m, up 24.1% y-o-y in reported terms and 10.9% on an organic basis, i.e. 70bp ahead of the consensus (+10.2%). For FY 2018, the group turned in 9.5% organic growth, in line with its guidance (>=9%). Adjusted for the favourable calendar effect, economic growth works out at +8.6% y-o-y, with a sequential deceleration (vs +10.2% y-o-y in economic terms in Q3 ...
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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