Indra Sistemas : A difficult Q2 publication in prospect but already priced in
>Another difficult quarter for T&D - Indra is due to report its Q2 2020 results on 29 July after market with a conference call at 6.30 p.m. (link to the webcast). As indicated at the publication of Q1 results in April, Q2 is likely to be the toughest quarter for Indra. We forecast an organic decline of -6.4%. The contribution from Grupo SIA should represent 2 points of growth, but the depreciation of currencies in Latin America is likely to have an impact of -4 p...Indra Sistemas is engaged in the design, development, manufacture, assembly, repair, and installation of computer software and applications. Through its subsidiaries, Co. is engaged in consulting, graphic design and multimedia, web design and marketing, internet development and electronic trade, systems integration and hosting geared business to business and business to consumer, as well as in internet financing and electronic marketing. Co. serves defense and security, transport and traffic, energy and industry, telecom and media, finance and insurance, and public administration and healthcare markets. Co. operates primarily in Europe, the United States, Canada, and Latin America.
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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