Report
Jerôme Bodin

Bollore : Good results in line with our estimates, trend still positive in Q3 2021

>Outperform recommendation reiterated - Bolloré published on Friday its H1 2021 results, in line with our estimate (EBITA of € 1,324m while whereas we had been forecasting € 1,340m). Organic growth proved particularly strong for the transport & logistics division at +14%, in line with our forecasts. Management indicated the continuation of a positive trend in Q3, both in ports and transport commission. This should confirm solid growth in EBITA for transport & logistic...
Underlying
Bollore SA

Bollore is a holding company. Through its subsidiaries, Co. conducts business in international logistics, transportation and logistics in Africa (port management, stevedoring, logistics), fuel distribution, batteries and supercapacitors, electric vehicles, plastic films for capacitors and packaging, dedicated terminals and systems, plantations, communicationa and the media (television and free press, advertising and market research) and the management of portfolio shareholdings. Co.'s activities can be divided into four segments: Transportation and logistics, Industry, Fuel distribution, and Other activities.

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
Jerôme Bodin

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