Assystem : Relaunch of nuclear in France. Upgrade to Outperform vs Neutral
>President Macron announced that France will relaunch nuclear - In a context (political, ecological and inflationary) favourable to nuclear and just as the industry declared itself “ready” to build new EPRs, the government indicated in December 2020 that “the final decision on the construction of new reactors must be examined and taken in 2023 at the latest, when the Flamanville EPR will have been commissioned”, thus pushing the date back to the next five-year mandate...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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