Report
Geoffroy Michalet

Cegedim : CA S1 2020, bonne résistance de l’organique

>CA S1 : plutôt de bonne facture - Cegedim a publié hier soir son CA T2 et S1, plutôt de bonne facture. Alors que nous attendions un S1 en baisse organique de -2.0%, il ressort à -2.5% org, et -3.9% en publié, notamment avec un effet périmètre de -1.4% du fait de la cession de Pulse aux USA (médecins) et des acquisitions de NetEDI (E-Business) et Cosytec (RH). Le FX n’a pas d’impact sur le semestrePar division :Health Insurance, HR & E-Services (68% du CA) :...
Underlying
Cegedim SA

Cegedim is a technology and services company. Co. supplies services, IT tools, specialized software, information flow and database management services to healthcare industries, pharmaceutical companies, healthcare professionals and insurance companies. Co.'s operations can be divided into three sectors: CRM and Strategic Data (optimizing marketing and sales strategies, namely through tools and databases for managing sales forces, returns on investment, market or prescriber studies); Healthcare Professionals (software publishing with availability of promotional information) and Insurance and Services (software publishing and management of healthcare reimbursement flows).

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
Geoffroy Michalet

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