Balyo : Details on the new strategy and commercial prospects
>Simplified operating model - With Pascal Rialland officially taking on his new role as CEO, Balyo unveiled a new road map for its strategy and sales this morning. Our takeaways from the press release and contact with the company are as follows:Unsurprisingly, the indirect distribution channel will continue to apply for the group, still via industrial partners. Nevertheless, the roles have been redefined for greater simplicity for Balyo. For most of its project...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.
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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