Report
Nicolas David

Econocom : A satisfactory set of preliminary 2020 results. Little visibility on 2021

>A slightly smaller decline in Q4 - Econocom released its preliminary FY 2020 results yesterday evening. A conference call will be held at 6pm on 28 January when the company presents its full results.FY 2020 revenues totalled € 2,559m, i.e. -11.3% for the company’s continued activities. We had expected a -12% like-for-like drop but stronger revenues as we had not factored in the deconsolidation of Digital.Security which was sold to Atos in Q4. These full-yea...
Underlying
Econocom Group SE Class D

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.

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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