Bollore : Still solid momentum in transport and especially in commission in the aviation business
>Q3 2020 sales in line with expectations Good resilience from the transport and logistics division - Bolloré reported yesterday Q3 sales yesterday which were in line with our expectations. This publication reflects a good performance in logistics activities with organic growth of 2% in Q3 (vs +1% expected), driven by the transport commission but also good resilience from the port activities in Africa. We reiterate our Buy rating on the share with an unchanged target p...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.
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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