ISS A/S : Broadly in line Q1 2024 with confirmation of FY guidance, no change in DT contract disagreements
>Q1 2024 trading update broadly in line with expectations, DT is still weighing - ISS reported Q1 2024 sales at DKK 20,090m (+4.2% reported), i.e. 1% below the consensus expectations (DKK 20,241m), mostly due to a negative FX impact (-2.5% reported, consensus -1.7%). Organic growth came out at 6.0%, a touch above the consensus at 5.6% (ODDO BHF 6.2%e). This was supported by price increases as well as volume growth while the contribution from net contract wins and abo...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.
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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