Econocom : Significant contraction in activity but balance sheet situation under control
>Significant impact of Covid-19 on activity - We organised a conference call on 8 April with Econocom's management: Angel Benguigui (Group CFO), Valérie Clar (Group Finance Director) and Arthur Rozen (Company Secretary).The group rapidly rolled out a business continuity plan with two crisis units covering the main activities. The majority of the group's workforce is teleworking.Nonetheless, the COVID-19 crisis will have a significant impact on business from ...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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