Report
Johanna Jourdain ...
  • Matthias Desmarais

ISS A/S : Reassuring Q3 figures, prompting upgrade to 2021 margin and FCF guidance

>Q3 2021 trading update a tad better, but organic trend marginally lower - ISS issued its Q3 2021 trading update before trading yesterday, with revenues of DKK 17.479bn (+3.2% reported), or 1% ahead of the consensus (DKK 17.298bn). Organic growth came to 2.6%, slightly lower than the consensus of 3.0% (ODDO BHF 3.7%e), underpinned by an improvement in September related to employees gradually returning to site in some geographic zones. In particular, the portfolio bus...
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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