Publicis : Attention à Metrobus au T4, mais impact limité et pas de changement de nos estimations
>Nouvelle forte baisse à attendre pour Metrobus mais impact limité sur le T4 - Nous faisons un point sur l’exposition de Publicis à son activité de communication extérieure (Metrobus) et de restauration/vente (Drugstore) en France. Si celles-ci sont petites à l’échelle du groupe (3% du CA), elles sont très sensibles aux périodes de confinement. Publicis avait ainsi indiqué qu’elles avaient entraîné une contribution négative de 200 pb à sa croissance organique du T2. L...Publicis is holding company. Through its subsidiaries, Co. is engaged in marketing, communication and digital transformation. Co. designs a customized package of services to meet each client's particular needs through a holistic and global approach. In addition, Co. provides financial markets with information concerning the relative size of each of the different business sectors for the sole purpose of allowing sector comparisons. Co.'s principal activities comprise four main categories: Digital, Advertising, Specialized Agencies and Marketing Services (SAMS) and Media.
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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