Report
Johanna Jourdain ...
  • Matthias Desmarais

ISS A/S : Feedback from Dublin road show: confident stance on outlook for 2019 and medium term

>Confirmation of targets for 2019 and the medium term - ISS confirmed it is expecting dynamic organic growth in 2019 (5-7%), underpinned notably by July's launch of the Deutsche Telekom contract (+4% in total group FY sales, spread between H2 2019 and H1 2020). The EBIT margin is expected to be stable to +20bp (5.0/5.2%, consensus 5.1%) and now includes “recurring” restructuring costs (up to DKK 100m-200m per year). These will be impacted in 2019 by the reinvestment p...
Underlying
ISS A/S

ISS is a Facility Services company based in Denmark. Co.'s focus of operations is on providing its customers a full range of facility services required to meet each customers needs. Co. offers a wide range of services such as: Facility Management, Cleaning Services, Support Services, Property Services, Catering Services and Security Services. Co. maintains operations in more than 50 countries across Europe, Asia, North America, Latin America and Pacific, serving public and private sector customers in business services and information technology, manufacturing, healthcare, retail, transportation and infrastructure, energy, leisure, food and beverage, pharmaceutical, and other sectors.

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.

Analysts
Johanna Jourdain

Matthias Desmarais

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