Report

Iliad : A defensive strategy which marks a break in the group’s history

>Disappointing H1 results - Iliad has reported its Q2 2018 figures. They were disappointing in terms of the KPIs while the operating figures were in line, with revenues of € 1.203bn, 1.3% shy of forecasts (vs Oddo BHF: € 1.216bn and consensus: € 1.219bn), i.e. a y-o-y decrease of 0.5%. This was mainly due to the fixed segment which was down -2.6% and offset by mobile revenues at 3.8% (+5% in outgoing revenues). H1 revenues were stable y-o-y at € 2.40bn, i.e. 0.7% shy...
Underlying
Iliad

Iliad is an operator in the French internet access & telecommunications markets. Co. divides its operations into three business segments: Broadband, Traditional Telephony, and Retail Telecom. Broadband includes Internet service provider operations, hosting services, user assistance operations & operations related to the rollout of the FTTH (fiber-to-the-home) network. Traditional Telephony includes switched landline telephony (One.Tel and Iliad Telecom), directory services (mainly the ANNU reverse look-up directory accessible by Minitel, telephone, Internet and SMS text messaging) and e-commerce operations (Assunet.com). Retail Telecom offers various mobile phones & services to customers.

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 on these Companies
Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais

ResearchPool Subscriptions

Get the most out of your insights

Get in touch