Assystem : Fast resumption of nuclear activity but Expleo is struggling
>Q2 is stronger than anticipated thanks to sharp rise in nuclear activity - Assystem yesterday evening published Q2 2020 revenue of € 106.6m, down 12% y/y in reported data and down 14% in organic data. The performance resoundingly beat our expectations (ODDO BHF: € 93m; organic -26%), and displayed an 8-point difference in growth relative to Q1 (-5%). In the end, the coronavirus pandemic had a moderate impact on Nuclear activities, which contracted by only 10% organic...Assystem SA is a France-based company that is principally engaged in engineering and innovation consultancy. The Company offers solutions within a number of sectors, such as Aerospace, Defence, Energy, Nuclear, Life Sciences, Infrastructure, Automotive and Transport. The Company develops the infrastructural engineering and externalized R&D services. It's activities include managing infrastructural investments, from conception to dismantling; aerospace mechanical engineering, providing technical services to aerospace, engine and automotive manufacturers and technology & product engineering, providing services in transport, defense, product hardware and software development. The Company is present Europe, North America and Asia. The main shareholder of the Company is HDL Developpement SAS. It operates through Onyx Promavi, Batir Group, Edison Technical Recruitment Ltd, Radicon Gulf Consult, Engineering Partner Automotive Nordic AB and The Biotech Quality Group, among others.
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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