Report
Thijs Berkelder

CFE : Offshore wind, dredging & infrastructure markets preparing for a new growth cycle

>Facts: 2020 has been a year with a lot of one-off effects - CFE will publish its FY20 results on Friday 26 February at 7.00h CET. An analyst conference call will be held the same day, and starting at 14.30h CET. Main analyst focus as always be on offshore subsidiary DEME, and representing more than 90% of EBITDA. While DEME’s revenues in H1 were down by 22% y-o-y, we assume a H2 decline by 7.5%. In H1, DEME’s EBITDA was for around € 60m negatively affected by th...
Underlying
Compagnie d'Entreprises CFE SA

CFE is engaged in civil engineering, buildings and industrial construction, dredging works and electrical installations. Co. is also engaged in property development, environmental protection and building management. Co.'s works carried on by Co.'s civil engineering group includes the following: hydraulic engineering, harbor works, bridges, and other engineering works, tunnels, road construction, dams, storage tanks, piping and drainage and caissons sunken soft soil. Co.'s buildings and industrial construction sector is active in the following fields: administrative buildings, industrial construction, public utility buildings, redevelopment, and residential buildings.

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
Thijs Berkelder

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