Report
Johanna Jourdain ...
  • Matthias Desmarais

ISS A/S : As expected, Q2 set to mark low ahead of gradual recovery

>Q1 sales better than anticipated, good start before COVID-19 impact - ISS’ Q1 2020 sales, reported before trading yesterday, beat expectations by 5%, with organic growth of 4.1% pointing to a good start up until mid-March, thanks notably to the key accounts segment (+9.1%) and additional projects not contractualised at the time of the contract signature (project works) at +1.2%. Excluding the Deutsche Telekom contract (gradual ramp up from July 2019) and the loss of ...
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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