Report
Jerôme Bodin

Bollore : Towards a slowdown but a different situation from the last bearish cycle

>A sharp fall in Bolloré’s share price but a more resilient model than in 2016 – Target price adjusted to € 4.2 - We take stock of the situation at Bolloré ahead of the 2019 results publication, scheduled for 12 March. The stock has fallen sharply over the past month (-16%) against a backdrop of fears of a slowdown in trade and therefore in the activity of the transport and logistics division (~one-third of the value of the group's assets). While the Vivendi share (al...
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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