OL Groupe : Q3 in line - How soon will the simplified takeover bid be launched??
>Q3 down but still strong - OL Groupe published Q3 revenues (January/March) in line with our expectations at € 67.9m (vs. € 68.8m est.), down 12% YoY (challenging base effect in player trading). In the first nine months, revenues rose by 5% to € 202.7m (vs. € 203.6m). We would note:Non-player trading activities (˜50% of Q3 revenues and 62% of 9M) came in at € 34.1m (vs. € 36.3m est.), down 6% YoY. Over 9 months, revenues excluding player trading still increa...Olympique Lyonnais Groupe is a holding company. Through its subsidiaries, Co. is active in the following businesses: sporting events, media and sports entertainment, and complementary businesses. Co. is organized around Olympique Lyonnais football club, in Lyon, France and is engaged in the media and entertainment sector. It is articulated around five activities: Ticketing; Media rights; Sponsoring and advertising (adidas, BetClic-Everest Poker, Groupama, Araldite, MDA, Keolis and Renault Trucks); Brand-related revenue (derivative products, OL Images, etc.) and Player trading.
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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