Groupe Gorgé : Strong upside on the stock remains after the announcement of a record contract for ECA
>Towards new potential for ECA - - Via the announcement of its record contract with the Dutch and Belgian navies, ECA, 61.1%-owned by Group Gorgé (see ECA flash published 19 March 2019) has secured sales of around € 450m over the next ten years. This represents 4x ECA’s 2018 sales (i.e. € 102.3m). Whilst the impact on the top line will be limited this year, the contract should gradually ramp up (design phase before production, assembly and delivery of the first ship in...Groupe Gorge is a holding company engaged in three areas of operation: Smart Safety Systems (develops Smart Safety Systems designed to operate in hostile and constrained environments for civil and defense sectors); Protection in Nuclear Environments (protection solutions in nuclear environments: shielding by partition systems in nuclear power stations & protection against radiation for staff working in nuclear environments); and Industrial Project Services (industrial projects and maintenance, creating production tools and turnkey operation areas, projects and services in industrial robotics, iron works, automation, 3D printer offerings, electricity and fire fighting systems).
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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