ECA : Q1 2020 business reflected growth and was in line – Dividend maintained but reduced
>Q1 sales up 6.4% y-o-y to € 22.6m (in line) - ECA yesterday evening reported Q1 2020 sales up 6.4% y-o-y to € 22.6m, exactly in line with our expectation. Based on the press release and following a contact with the company, our takeaways are as follows:The robotics division (70% of sales Q1) was up 12.8% to € 15.6m (vs € 15.3m estimated), benefiting notably from the execution of the mine detection contract for the Belgian and Dutch navies. In contrast, the aero...ECA Sa. ECA SA is a France-based company which designs and delivers robotic equipment and intelligent solutions for both civil and military application. The Company offers vehicles and crafts for detection, inspection and destruction of mines, inspection systems for nuclear power plants, control and command systems, as well as ground and land robots for anti-terrorist missions and others. ECA SA is split into three divisions: Robotics and Integrated Systems, Simulation and Aeronautics. The Company has several subsidiaries, including, ECA CSIP, ECA CNAI, ECA Faros and ECA Sindel, among others. As of December 31, 2011, ECA SA was 56.4%-owned by Groupe Gorge.
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.