Report
Chaima Ferrandon ...
  • Sven Edelfelt

Bilfinger : Don’t lose sight of what really matters

>Q3 EBITA 11% above the consensus despite a surprise in the international segment - Bilfinger reported Q3 sales up +15% (with +2% l-f-l), +1% ahead of consensus expectations. Growth remained brisk across all divisions: E&M Europe was flat l-f-l (in line with expectations), E&M International was up +2% l-f-l (+3% vs the consensus) and more importantly Technologies was up +9% l-f-l (but -6% below expectations).EBITDA came in 11% ahead of expectations, showing growt...
Underlying
Bilfinger SE

Bilfinger SE is a holding company. Through its subsidiaries, Co. develops, builds, maintains and operates facilities and structures for infrastructure, real estate, industry and the energy sector. Co.'s business segments include: Industrial, which is comprised of Industrial Maintenance; Insulation, Scaffolding and Painting; Oil and Gas; Industrial Fabrication and Installation; Engineering, Automation and Control; and Support Services; Power, which is comprised of Power Systems, and Piping Systems; Building and Facility, which is comprised of Building, Facility Services, Real Estate, and Water Technologies; and Construction, which is comprised of Construction, and Infrastructure.

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
Chaima Ferrandon

Sven Edelfelt

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