Econocom : No surprises in final results. Organic growth and M&A ambitions for 2021
>Final 2020 results confirm January’s preliminary results - Wednesday evening Econocom reported its definitive results, confirming all of the figures already released on 21 January. Yesterday the group also held a meeting to present these earnings. The only new elements were details on the adjusting operating margin by division: Services reached a 6.4% margin (+160bp vs 2019) thanks to good progress made on unprofitable contracts, cost savings, and greater management ...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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