Intertek : Un début d’année ralenti, le S2 devrait être meilleur
>Un début d’année plus ralenti qu’anticipé - La croissance organique de 3.3% sur les 4 premiers mois de l’année marque un ralentissement séquentiel par rapport au S2 2018 (3.9%), qui était anticipé au vu de la base de comparaison mais ressort plus marqué (ODDO BHF 3.7%e sur le S1 2019). L’effet changes contribue à 2 points de croissance, en ligne avec nos estimations, alors que celle du M&A est supérieure (2% vs 1.4%e sur le S1 2019). La division Products...Intertek Group provides Assurance, Testing, Inspection and Certification (ATIC) services. Co.'s segments comprised of Products, Trade and Resources. Co.'s products-related division consists of business lines that are focused on quality and safety of physical components and products, as well reducing risk through assessing the operating process and quality management systems of its customers. Co.'s trade division consists of three Global business lines, Cargo & Analytical Assessment, Government & Trade Services, and Agriculture business. Co.'s resources division consists of two business lines, Industry Services, and minerals business.
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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