Report
Geoffroy Michalet

Applus Service SA : CA T1 au-dessus des attentes

>Bon T1 – Bonnes surprises dans E&I et Labs - Le CA T1 est ressorti légèrement au-dessus des attentes à 477 M€ (ODDO BHF : 463 M€) en croissance de 10.2%. La croissance organique dépasse largement nos attentes à 8.8% (vs. 5.6%e) en accélération séquentielle par rapport (7.6% au T4 22). L’effet FX légèrement négatif à -0.2% (vs 0.7%e). Quant à l’effet périmètre, il ressort à 1.6% un peu au-dessus de nos attentes (0.8%e)Par division :E&I (55% du CA) à 11.2%...
Underlying
APPLUS SERVICES S.A.

Applus Services SA is a Spain-based company that provides inspection, testing and quality assurance services. The Company's activities are divided into five segments: Applus+ RTD, which provides non-destructive testing services mainly to the oil industry; Applus+ Velosi-Norcontrol, which offers solutions for technical assistance, supervision, inspection, quality control testing, certification and consulting services mainly to industrial, electrical, oil and telecommunications facilities; Applus+ Laboratories, which focuses on laboratory testing, system certification and product development services within aerospace, industrial and consumer goods sectors, among others; Applus+ Automotive, which is responsible for the vehicle roadworthiness testing services, and Applus+ IDIADA, which delivers design, engineering, testing and certification services mainly to car manufacturers. The Company operates in Europe, Africa, Asia and the Americas.

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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch