Esker : Q1 2024 sales in line. Strong Bookings, which is reassuring and offers upside
>Q1 2024 sales of € 47.7m, up 12% org, close to our expectations - Esker reported Q1 2024 sales broadly in line with our estimates. The level of activity reached € 47.7m (vs ODDO BHF € 47.5m), up 12% on a reported and an organic basis. In detail, SaaS activities (82% of sales) posted growth of +12% y-o-y, slowing slightly as a result of a flat volume of transactions in Q1 (46% of SaaS sales), whilst fixed subscriptions (56% of SaaS sales) rose sharply over the period ...ESKER and its subsidiaries are engaged in the design and production of software applications. Co. operates corporate resource access software such as applications and databases for workstations. Co. has three major product groups: Host Access, DeliveryWare and Fax Server. Host Access products allows users to access applications and databases stored on different servers from their own workstations. DeliveryWare responds to the need of companies for automatic management document delivery. Fax Server allows the user to send a fax directly from their workstation.
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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