Novem : Difficult trading environment expected to persist for another while
>Mixed Q3 2023-24 results amid a challenging market situation - Novem’s Q3 2023-24 reported group sales were -17% y-o-y to € 139m (-13% vs ODDO-BHF), as the company blames extended customer plant holidays and weak call-offs. Geographically, sales were down in all regions with the largest declines in Europe (-28% y-o-y) and Asia (-14%), while the Americas are relatively stable at just -3% y-o-y. Sales in Series were down 16% y-o-y to € 123m and sales in Tooling were do...
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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