Econocom : Better on FCF but visibility remains limited beyond 2018
>Final H1 2018 results in line with indications but weak attributable net profit - Econocom published its final H1 2018 results on Wednesday evening after market close, followed by a presentation meeting yesterday morning. As expected, H1 2018 results confirmed the main elements in the publication of H1 sales in July: underlying operating profit (before PPA) of € 34.2m and net debt of € 395m at end-June.However, attributable net profit (previously unpublished) pr...Econocom Group specializes in the management of IT and telecom infrastructures for businesses throughout Europe, U.S. and China. Co. designs and implements products and services for SMEs, corporations or public authorities. It operates through four complementary businesses: IT products and solutions, distributed infrastructures (outsourcing, maintenance and consulting), telecom services and administrative and financial management of ICT assets. Co.'s business segments are as follows: IT Financial Services; Managed Services; Products and Solutions; and Telecom Services.
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.
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