Brunel : Ongoing positive momentum in Q2 despite fewer working days
>2Q results set for 29 July - Brunel is set to release its 2Q results on Friday 29 July. Last week we spoke with CFO Peter de Laat and we believe that the operational momentum of the first quarter (revenues +18%, underlying EBIT +43%, a 21% beat) continued into 2Q as well. We note, however, that the second quarter had three and four fewer working days than the first quarter in the Netherlands and Germany, respectively. We estimate revenue per working day could end up ...Accrued employee expensesBrunel is a global provider of business services that specializes in the flexible placement of professionals in the fields of Engineering, IT, Legal, Finance, Insurance & Banking and Energy. Co. provides such specialists through a range of staffing, project management, recruitment and consultancy services. Co. serves the world market for professional staffing and recruitment services from two main perspectives. On the one hand, Co. aims its services at specific supra-regional business lines. On the other hand, Co. focuses on specific countries such as The Netherlands, Germany, Belgium and Canada.
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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