AKKA Technologies : Very solid Q3 sales growth, reassuring on automotive business
>Akka beat consensus expectations, driven by France - Yesterday after market close, Akka released better-than-expected Q3 sales (5% above consensus) and upgraded its annual organic growth guidance from 6% to 9% (Oddo BHF: 8%). Akka also announced that it received regulatory approval from the US authorities for the acquisition of PDS Tech (to be closed in some weeks), adding that the company is expected to generate 15% organic growth this year, with revenue reaching $Â ...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.