Esker : Results in line. Down but not out markets-wise in 2021
>2020 results broadly in line with expectations - Esker yesterday evening reported 2020 results in line with our expectations. On already-reported sales growth of 8% in reported terms (+9% organic), EBIT came to € 13.6m (vs ODDO BHF € 13.4m), or an operating margin of 12.1%, a slight improvement of +20bp on 2019. This level is consistent with the group’s guidance (flat profitability y-o-y) and remains within Esker's historical profitability range (between 10% and 15%)...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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