Oddo BHF - Morning Crédit 23/10/2020

Report

Oddo BHF

Carole Braudeau

Morning Crédit 23/10/2020

Faurecia : Guidances S2 2020 relevées après le CA T3Ipsos : nette amélioration de la tendance du CA au T3 et confirmation de l’objectif d’économies de coûts pour 2020Getlink price sa nouvelle obligation verte 5NC2 à 3.5%, un niveau relativement serréIliad : accord de cession de 60% de la towerco en Pologne à Cellnex pour 804 m EUR>...

23/10/2020 14 FR

Provider

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.

See profile

Analysts

Carole Braudeau

Other Reports from Oddo BHF

Chaima Ferrandon ... (+2)

Chaima Ferrandon
Sven Edelfelt

Saint-Gobain : In the inflection, the truth will come reveal itself

>Sales in line with expectations and improvement in underlying volumes - Q1 2024 sales of € 11,356m (-8.5% as reported, -5.8% like-for-like, of which -1.1% in prices and -4.7% in volumes), 1% above the consensus. In addition to a slight fall in prices, which penalised organic growth, the group recorded a 4.7% fall in volumes (after -4.8% in Q4 and -5.0% in Q3), penalised by new housing, especially in Europe. Q1 volumes were down 9.3% in Northern Europe, 7.7% in Southe...

5m 5m 1 EN

Delphine Brault ... (+2)

Delphine Brault
Quentin Borie

SKF : Une marge résiliente malgré la forte baisse du chiffre d’affaires au T1

>T1 2024 : CA en recul organique de 7%, marge d’EBIT ajusté en hausse de 30 pb - SKF a publié ce matin des résultats T1 2024 légèrement inférieurs aux attentes au niveau du chiffre d’affaires mais supérieurs sur la marge d’EBIT.Le CA atteint 24.7 MdSEK (consensus à 24.8 MdSEK), en recul organique de 7% (consensus à -6.5%). Ce recul embarque des volumes négatifs dans les deux divisions avec un recul du CA de 7.3% pour Industrial et de 6.2% pour Automotive. Comme a...

5m 5m 1 FR

Jeremy Garnier

Jeremy Garnier

Clasquin : Q1 slightly above our expectations

>Q1 gross margin of € 34.7m (vs € 33m est) up 15.4% (2% l-f-l) - Clasquin published its Q1 gross margin yesterday evening which was up 15.4% to € 34.7m, slightly above our expectation of € 33m. Excluding the scope effect linked to Timar, organic growth stood at 2%. Still a great outperformance from the group - In Q1 the momentum was finally good for freight rates with by segment: 1/ the sea freight market which was strongly disrupted by the events oc...

5m 5m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Morning Crédit 23/10/2020

Saint-Gobain : In the inflection, the truth will come reveal itself

SKF : Une marge résiliente malgré la forte baisse du chiffre d’affaires au T1

Clasquin : Q1 slightly above our expectations

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe