Implenia AG : Roll on H2
>H1 hurt by seasonality and real estate - Implenia is due to report its H1 2024 results on 21 August before trading and will hold a conference call the same day.We expect H1 revenues to show a decline of -4% l-f-l and -2.4% in real terms, pressured, as expected, by a slowdown in the Buildings segment (excl. Wincasa contribution), a tough first half for the real estate division (no sales in H1, only recurrent revenues) and a slight dip at the Civil Engineering arm...Implenia is a construction and construction services company. With its integrated business model and comprehensive portfolio of products and services, Co. manages building projects through its entire lifecycle and deliver work that is economical, sustainable, integrated and customer-centric. Co. is divided in three specialist divisions including Implenia Real Estate, Implenia Infrastructure Construction, and Implenia Industrial Construction. Co. has approximately 100 branches throughout Switzerland, as well as representative offices in Norway, Germany, France, Italy, Russia and the United Arab Emirates.
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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