Report
Baptiste Lebacq

Petrofac : Scénario d’une remontée progressive des marges

>Recommandation Neutre (OC 75p) - Le ramp-up des marges va prendre plus de temps qu’escompté créant ainsi des tensions qui pourraient perdurer autour de la situation financière du groupe. Post publication et conférence call, nous avons abaissé nos attentes de résultats de 9 % sur 2023/25. Il existe dans le secteur de nombreuses alternatives avec des bilans solides et des meilleurs positionnements pour surfer sur la thématique d’Energy Security (Technip Energies pour ...
Underlying
Petrofac Limited

Petrofac is a holding company. Co. is engaged as a service provider to the oil and gas production and processing industry. Co. designs, builds, operates and maintains oil and gas facilities. Co. has three segments: Engineering & Construction, which provides engineering, procurement and construction project execution services to the onshore and offshore oil and gas industry; Engineering & Production Services, which includes engineering and production services activities to the oil and gas industry; and Integrated Energy Services, which provides an integrated service for clients, with projects that cover upstream developments project, related energy infrastructure projects, and investment.

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
Baptiste Lebacq

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