Report
Aurelien Sivignon

Balyo : Feedback from road shows in Paris and Frankfurt

> - In road shows with management in Paris last week and in Frankfurt this week, we were able to get a detailed update on the main issues facing the group, among them Amazon (at length) reducing cash burn, the margin outlook, and Seventure’s potential exit). We confirm our Buy recommendation and target price of € 4.8.Feedback on the partnership with Amazon - Announced at the start of January after more than a year and a half of collaboration (and part...
Underlying
Balyo SA

Balyo SA is a France-based company that designs robotic navigation solutions which are installed into forklifts and allow them to automatically transport pallets. The Company's apparatus is equipped with the guidance technology called Geoguidage. The Geoguidage system is installed in a module which is attached to the forklift, and allows the vehicle to calculate its position and memorize the layout of the warehouse. Its equipment allows detection of pallets, containers and dollies; stacking pallets; read barcode; towing loads; interactions with conveyors and doors, etc; scalable setting and automatic modes, among others. The Company's products are used in logistics and in industry.

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
Aurelien Sivignon

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