Report
Nicolas David

Devoteam : End of the turbulence, Q3 could be a catalyst

>End of the turbulence, the utilisation rate could return to normal - Devoteam's IR team confirmed, during an exchange yesterday, that the activity rate will continue to rise in Q3, and should probably return to a level equivalent to that of Q3 2018 (84.2%). Note that the group saw a sudden drop in its activity rate in Q4 2018 due to very high recruitment levels being maintained while demand was slowing. This slowdown, which was initially intended to be only temporary...
Underlying
Devoteam SA

Devoteam is an Information and Communication Technologies (ICT) consulting group. Co. specializes in technologies of IT infrastructures, middleware and telecommunication networks. Co. covers the technical, organizational and financial aspects of its clients' projects. It is subdivided into two business line segments. The Technology Consulting segment handles the design and implementation of solutions. This segment operates in three areas: expertise, systems integration and outsourcing under the DVO and DVS brands. The Business Consulting segment can be defined as the provision of skills to companies and organizations, under the Devoteam Consulting brand.

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
Nicolas David

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