Report
Jean-François Granjon

Quadient : A severe sanction disconnected from the group's fundamentals

>Growth markets for digital and lockers (+10%) - At the CMD, the heads of the different divisions presented the growth potential in the various market and confirmed the outlook for the digital (formerly ICA) and lockers activities. For the digital activity, average growth in the market is estimated at +10% for the 2023-2027 period and the group possesses the necessary tools/products to take advantage of this growth without the need for any new and costly acquisitions...
Underlying
Quadient SA

Neopost supplies mailroom equipment, offering products for franking, folding & inserting, addressing, address cleansing, tracking, tracing letters, parcels & the supply chain. Co. also offers various services, including consulting, maintenance, financial services & online service. Co.'s activities can be summed up to 2 segments: Mailroom Solutions & Communication & Shipping Solutions, divided into 9 operations: Automated mail opening, Management of incoming mail & traceability of important mail, Address printers, Automated insertion equipment, Intelligent franking, Financing solutions, Data quality, Customer Communication Management and Shipping Solutions, mainly in Europe & North America.

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
Jean-François Granjon

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