Ingenico : Vast cost-cutting plan to limit the impact of the COVID-19 crisis
>Satisfactory Q1 2020 sales vs expectations – Services and terminals still growing - Last night Ingenico reported Q1 organic sales growth of 4% to € 658m, quite satisfactory vs expectations (ODDO BHF/consensus estimates: € 647m and € 651m respectively). This reflected the beginning of a break in trend due to the expansion of the COVID-19 pandemic (as a reminder, 2019 saw +11%).For the retail division (which includes services), growth momentum remained satisfactor...Ingenico Group is a business technology company, operating in 125 countries. Co. designs, develops and supplies payment terminals, offering mercantile payment solutions, cross-border and global payment services and certified global service platform. Co.'s services are done around Payment terminals and software; Terminal estate management, security application updates; Connectivity ensuring the terminal-to-bank host connection; Full after-sales service taking charge of every phase in the lifecycle of terminals and software; 24/7, from installation, maintenance & repair to upgrades; Centralization of transactions; End-to-end security - from terminal to bank or processor..
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.