Ordina : Upping Q4 2022 revenues, but profitability temporarily hampered by good hiring
>Upgrading our Q4 2022 revenue expectations following a solid Q3 2022 - Following the good Q3 2022 results implying revenue growth of 8.8% yoy, we increase our Q4 2022 revenue expectations, and as such for FY 2022 as well. Our new estimates imply Q4 2022 revenue growth of 10.1% (vs 5.7% old). Usually, Q4 is stronger than Q3 due to more billable hours resulting from less holiday leave. For 2022 we now expect significantly more growth in the public sector at 14.5% YoY ...Ordina offers Consulting, IT and Application Outsourcing services. Co. is organized in the IT Services and Business Process Outsourcing segments. The IT Services segment performs activities relating to business consulting, system development and integration, and application management and maintenance. Within the Business Process Outsourcing segment, Co. assumes full responsibility for backoffices (i.e. business processes and IT) of clients operating in the banking and insurance sectors. It was decided, in the second half of 2008, not to continue the BPO activities under Co.'s umbrella on a permanent basis.
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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