AKKA Technologies : Robust margin growth, tarnished by FCF and Germany
>Brisk margin growth in H1, despite unfavourable items - Akka published on Tuesday evening H1 2019 results broadly in line with expectations and with the preliminary results announced on 5 September. Adjusted EBIT was € 60m, i.e. an EBIT margin of 6.7%, down 20bp due to the dilution resulting from the integration of PDS Tech in the US (3.5% margin in H1). Stripping out this impact, the margin thus increased by 40bp y-o-y, in a fairly homogeneous manner in the various ...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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