Report
Baptiste Lebacq

Petrofac : Enquête SFO = sérieux coup de frein sur l’opérationnel

>Opinion Neutre maintenue et OC ajusté à 400 p - L’enquête en cours de la part du Serious Fraud Office (dans le cadre de corruption éventuelle) n’a pas encore apporté ses conclusions, cependant ses effets sur les prises de commandes (et par extension sur l’activité à venir) commencent à se faire sentir. Le BtoB de 0.7x est très faible sur le S1 et les négociations commerciales prennent plus de temps qu’auparavant. Nous avons ajusté à la baisse notre séquence de résu...
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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