Report
Nicolas David ...
  • Salma Bouraoui

ODDO BHF Small & MIDCAP MORNING NEWS - 29/04/2019

Après une année 2018 marquée par d’importantes interrogations sur le profil de désendettement, le groupe a su, au travers de ses résultats annuels, rassurer sur la génération de FCF. Celle-ci devrait rester soutenue en 2019 permettant de poursuivre la réduction de la dette et du profil de risque, tout en continuant une politique de croissance externe « bolt-on ». La valorisation actuelle fait ressortir un indéniable caractère « Value ». Le FCF yield est de plus de 10% pour 2019 et 202...
Underlyings
Boiron SA

Boiron manufactures and markets homeopathic medicines. Homeopathic medicines are prepared from vegetable, animal, mineral, or chemical substances, which are diluted. Co. sells three types of products in 59 countries: Non-proprietary homeopathic medicines, OTC family medication specialties, and Other products. There are two large families of homeopathic medicines: Those associated with precise therapeutic indications and dosage, and those that do not mention a therapeutic indication or dosage. Co. supports homeopathy education and training organizations for healthcare professionals. Some of Co.'s brand names include Oscillococcinum®, Stodal®, S?datif PC®, and Coryzalia.

TietoEVRY Oyj

Tieto is an IT services company in the Nordics providing full lifecycle IT services. The reportable operating segments in service line dimension are Managed Services, which is an IT infrastructure and cloud provider that provides enterprise platform services and end user solutions; Consulting and System Integration, which provides consulting and system integration services, application management and transformation consulting; Industry Products, which provides industry-specific software products and productized solutions; and Product Development Services, which provides services in the field of communications and embedded technologies for a global customer base.

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
Nicolas David

Salma Bouraoui

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