ECA : H1 sales report falls short of our expectations but full-year guidance confirmed – € 97m backlog at end-June
>Q2 sales -8.8% to € 27.7m vs € 31m est. - ECA’s sales fell by 8.8% in Q2 to € 27.7m, below our forecast of € 31m. Sales dropped by -8.6% in H1 to € 50.4m (vs € 53.8m est.), mainly because of a downturn in Robotics (delayed orders + challenging base effect in Q1). Q2 sales penalised by Robotics despite robust growth in Simulation - Sales continued to fall in Q2, dragged down by the Robotics division. The Simulation and Aerospace divisions, on the ot...OneCap Investment is a capital pool company engaged in identifying and evaluating assets or businesses with a view to acquire them or an interest therein as a result of the closing of a purchase transaction, the exercising of an option or any concomitant transaction. The purpose of such an acquisition is to satisfy the related conditions of a qualifying transaction under the TSX Venture Exchange rules.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.