Report
Geoffroy Michalet

Applus Service SA : Publication S1 dépasse largement les attentes. La demande de retrait d’Amber à 12.78 € sera bientôt lancée. Neutre vs Surperformance

>Une dynamique très solide - Applus a publié hier soir son CA S1. Il est ressorti à 1 094 M€ en hausse de 9.3%, au-dessus de nos attentes de 1 017 M€ et celles du css VA à 1 043 M€. La croissance organique est ressortie à 8.8% et dépasse largement nos attentes (ODDO BHF: 6.8%e) L’effet FX est négatif à -1.4%. Quant à l’effet scope, il ressort à 1.9%. Au T2, la croissance organique est ressortie à 10.1%. Par division : il convient de souligner que le group...
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

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