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HighCo : Un début d’année pénalisé par la crise et un T2 encore plus difficile – OC abaissé à 3.9 € - Neutre réitéré

>MB en baisse de 10.3% à 20.8 M€ (vs 21.4 M€e) - HighCo a publié hier soir une marge brute T1 en repli de 10.3% à 20.8 M€, inférieure à notre attente (-7.7%e à 21.4 M€e). En dépit d’une activité bien orientée en janvier et février (légère croissance), le mois de mars subit les premiers effets de la crise (magasins fermés, campagnes reportées ou annulées…) et accuse à lui seul une baisse de 27.4%. L’international résiste tandis que la France se replie fort...
Underlying
HighCo SA

High Co SA is a France-based marketing services group for mass-market retailers and consumer goods manufacturers. The Company offers marketing solutions, such as coupon issuing, a promotional technique that entitles the customer to a discount on a product; sampling, which consists in offering free samples to test a product; point-of sale, which ranges from shelf tags to in-store radio announcements, floor graphics and in-store field marketing; clearing, which consists of processing discount coupons and money-back offers; marketing communication agencies, which provide support for brands and retailers in their marketing campaigns, and digital services with the subsidiary, HighCo 3.0., which advises and assists clients on the integration of digital technologies for distributors and brands. The Company operates in France, Spain, United Kingdom, Poland, Russia and Turkey, among others.

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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.

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