Report

Netgem : Résultats S1 fortement impactés par la baisse des activités IPTV – Opinion Neutre vs Achat et OC abaissé à 2.2 €

>EBIT en baisse de 41% à 1.8 M€ (vs Oddo BHF 2.4 M€e) - Netgem a publié hier soir son activité pour le T2 et ses résultats S1 2018. Les chiffres publiés ressortent globalement en-dessous de nos attentes.L’activité du T2 est ainsi en baisse de -34% à 12 M€, après -25% au T1. En parallèle, la marge brute recule également mais moins fortement à 5.7 M€ (-12%). Nous attendions des baisses respectives de -15% et -5% sur le trimestre.Sur l’ensemble du S1, l’ac...
Underlying
Netgem SA

Netgem is a provider of Internet services through television. Co.'s solution enables businesses and communities to build one-to-one Web-based relationships with their customers and members by providing access to online services. Co.'s technology operates on a Linux-based open software platform and a thin-client access device. Co.'s Netgem Solution is available for standard telephone connection at 56kbs, ISDN lines, Ethernet connection (ADSL modems) and broadband cable (DOCSIS standard) Co. offers the Netbox, which transforms every television set into an Internet-enriched television using only a standard telephone connection.

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.

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