Report
Nicolas Thorez

Netgem : Improved H1 results, and a promising refocusing of the scope

>Encouraging H1 results at all levels, close to our expectations - Netgem published solid H1 results this morning. Netgem continues to show strong growth in its base to 647k subscribers at the end of June, up 26% since the start of the year and >30% over 12 months. This performance is explained by continued dynamic activity with its main operator customers, in particular Elisa (Finland), Talk Talk (UK) and the switchover of POST (Luxembourg) to the Netgem platform in ...
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.

Analysts
Nicolas Thorez

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