Report

Altice Europe : Q2 preview more complicated than Q1. Target price lifted to € 2.5 vs € 2 following deal on base stations

>Further signs of improvement on churn and process - At the Q2 2018 results publication on 02 August, we are expecting further signs of improvement in France (60% of enterprise value), for example, on churn: a fall in complaints (improvement in the quality of the mobile network and more rapid installation of the box by subcontractors whilst respecting the 72h contract), more effective call- centre management (consultants’ script). Management will likely praise the inv...
Underlying
Altice Europe NV Class B

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.

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