Allgeier SE : Allgeier sells part of its staffing business to Danish IT consulting firm
>Private staffing business generated € 52m in revenue - Allgeier has been restructuring its staffing business for over a year now as it has very low margins and is diluting the company's overall profitability. The staffing business generated an estimated € 150m in revenue for Allgeier in 2023 at a profit of roughly € 5m. Since the restructuring process affected the business by € 20m in H1 2024 and was not expected to affect it in H2, we estimated the staffing busines...Allgeier is an information technology (IT) company for business performance. Co. develops and completes software for digital network operators, trade applications and cloud computing users. Co. also provides integrated systems for inventory control systems, document management, integrated mail systems, and eCommerce. In addition, Co.'s operative business is classified into three segments: Solutions, Experts and Projects, which are spread across four relevant markets: IT Services, Software, IT Hardware, and Information Technology. Co.'s main customer base includes, the banking, finance, and insurance sectors.
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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