Report
Olfa Taamallah ...
  • Yan Derocles

Czechoslovak Group : A high-calibre Eastern European defence player

Czechoslovak Group is a company offering unique positioning notably in the ammunition business, with a high-margin profile (set to expand further) and strong EPS growth (CAGR 2024-30e +25%). We believe any potential peace deal in Ukraine (20%e of backlog) won’t significantly change the growth story. We are initiating coverage with a Neutral recommendation and a TP of € 33.5.
Underlying
CSG N.V.

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
Olfa Taamallah

Yan Derocles

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