Prodways Group : Q2 2020 down sharply, signs of recovery but visibility remains low
>Q2 revenue down 37% YOY to € 11.4m (€ 10m est.) - Prodways Group yesterday evening published revenues that were down sharply, although slightly higher than our expectations: after a Q1 that was already down 11%, the decline accelerated in Q2 with revenues of € 11.4m (€ 10m est.), down 37% YOY. H1 revenues were down 24% YOY to € 26.8m (vs -28% to € 25.4m est.). Lockdown had a very significant impact on April and May, as evidenced by the 12% rebound observed in June, w...Prodways Group SA. Prodways Group SA is a France-based company engaged in the industrial machinery sector. The Company focuses its activities on the industrial three-dimensional (3D) printing market and more specifically on ''rapid manufacturing'' 3D printing for industrial series production. The Company designs, manufactures and sells products for various industries, including automotive, dental, molding, medical, jewelry and luxury, aerospace and defense, architectural and design, consumer products and academic and research. It offers its customers multi-technology, multi-application industrial solutions, 3D printing systems and a wide range of composite, hybrid and powder products. In addition, it also develops its own manufacturing for the podiatry (orthopaedic soles) and dentistry (orthodontic pieces and dental trays) markets that is sold directly to healthcare professionals. It operates through Avenao Industrie and Interson-Protac.
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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