Bollore : H1 results slightly lower than expected
>Neutral rating reiterated - Bolloré released its interim results on Friday and followed up with an analysts’ meeting. The results came out slightly lower than we expected, with EBITA reaching € 462m (vs € 512me). Note that the group has deconsolidated all its logistic activities, including Bolloré Logistics which is in the process of being sold off. So most of the earnings were generated by Vivendi and by the 18% stake held in UMG. Management provided no details abo...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.