Report
Geoffroy Michalet

Ayvens : Postview T3 2024 : des questions sur la croissance…

>Réaction négative du titre, cohérente selon nous… - Suite à la publication de son T3, le titre Ayvens a reculé de c. 1%, une réaction cohérente, selon nous. Certes tout n’est pas négatif dans cette publication, et des motifs de satisfaction peuvent être trouvés, mais nous voyons davantage de motifs de déception que de satisfaction en particulier en analysant les constituants de certaines lignes plutôt que le total consolidé.Les deux plus grosses déceptio...
Underlying
ALD SA

ALD is a service leasing and vehicle fleet management group with a fleet of more than 1,375,000 vehicles in 41 countries. Under a full-service lease, the client pays the leasing company a regular monthly lease payment to cover financing, depreciation of the vehicle and the cost of various services provided in relation to the use of the vehicle (such as maintenance, replacement car, tyre management, fuel cards and insurance). Fleet management services include the provision of outsourcing contracts to clients under which the vehicle is not owned by Co., but is managed by Co. and for which the client pays fees for the various fleet management services provided.

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
Geoffroy Michalet

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