Bureau Veritas : H1 margin may disappoint, but story still attractive
>Organic growth is likely to improve further in Q2… - We expect a qoq improvement in organic growth to 3.6%e in Q2 vs 2.6% in Q1. Beyond the cancellation of the slightly negative impact from worked days in Q1, this improvement will be carried by a less sharp fall for Marine (8% of group sales in 2017, that we think slightly negative in Q2 vs -8.5% in Q1), ongoing re-establishment of the exposure to commodities (positive read-across from SGS notably on mines – 6% of gr...
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.