Report
Jean-François Granjon

Exel Industries : Une amélioration très progressive – Faible visibilité pour 2021

>Publication du CA T3 / 9 mois supérieur à nos attentes - Exel Industries publie un CA T3 de 210.4 M€ (173.8 M€ estimé) vs 225 M€ en baisse de 6.4% et de 10.4% en organique. Aussi, au titre des 9 mois, la baisse ressort à 8.6% et 11.2% en organique. Ce 3ème trimestre s’inscrit dans la lignée du semestre (-11.7% en organique). Au cours de ce trimestre, la division la plus impactée est la pulvérisation industrielle (-18% et -37.5% en organique). A contrario, la bonne s...
Underlying
EXEL Industries SA

EXEL Industries designs and manufactures precision spraying equipment that it markets to three markets: farming, industry and consumers. Co. organizes its operations into two divisions: Plant Protection (manufactures professional, semi-professional and consumer agricultural spraying equipment for plant protection; plant health products sprayed include herbicides, insecticides, fungicides, liquid fertilizers and other products) and Material Protection (supply of material protection products in two different areas: paint and viscous industrial product application equipment; and elimination of dust and odors).

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
Jean-François Granjon

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