Report
Jeremy Garnier

Antalis International : H1 2020 results down sharply – takeover bid in the prospect

>H1 results down sharply - Unsurprisingly, Antalis announced ahead of schedule its business level for H1, which is down sharply, hit by the COVID-19 pandemic and the ongoing sharp slowdown in the paper activity (European market volumes -25%). Interim sales were down 23.8%. The EBITDA margin should mechanically be heavily impacted: management is forecasting a decline of 2 points (vs 2.8% in H1 2019).Japanese group KKP acquires contr...
Underlying
Antalis SA

Antalis SA, formerly known as Antalis International SASU, is a France-based company engaged in the miscellaneous specialty retailers industry. The Company is a distributor of paper, packaging solutions and visual communication products for professionals. It operates through various brands, including Carta, Claro, Coccon, Dito, Idem, Mohawk, RePrint, Xerox, Tom&Otto, Novatech, ePacker, Masterline, Forex, Kapa, Dispa, Dibond, Orafol, Priplak, Avery Dennison, Coala, Pioneer, Image, Data Copy and Data Copy, among others. The Company is a wholly-owned subsidiary of Sequana. It operates internationally in Poland, China, Brazil, Belgium, Bulgaria, Austria, Norway, India, Romania, Colombia, Japan, Mexico, Estonia, Slovenia and Peru, among others.

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
Jeremy Garnier

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