Report

Galapagos Holding SA : Will shareholder support suffice?

Publication date: 27/06/2018 - Writing date: 27/06/2018 - - - - - - - - - - - - - - - - - - - - - Besides a sharp deterioration in its financial results, Galapagos' 2017 and Q1 2018 results were marked by a breach of the RCF covenant. Thanks to shareholder support (equity cure) and easier terms on the revolver facility, the group has an extra year to improve its performance. That said, still many uncertainties surround the group's capacity to: 1/ capture the upturn in investment in ...
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.

Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch