Seche Environnement : FY targets maintained, upturn confirmed in H2
>Q3 revenues in line with our expectations - Séché Environnement reported € 286.3m in contributed Q3 revenues (€ 287.9m estimated) vs € 244.7m, up 18.5%, +1.9% on an organic basis. This is a good performance, given the 4.6% fall in interim revenues. The base effect was also unfavourable. Q3 revenues include a significant consolidation effect, with the consolidation of ECO (acquired in Singapore) and Furia with a total amount of € 40.5m (+16.7%). 9M revenues came in a...Seche Environnement offers environmental management solutions for industrial clients or local authorities. Co. operates waste treatment and recovery facilities and develops tools to produce energy from waste. Co. also collects and sorts all types of waste, whether household or industrial, hazardous or non-hazardous. For local authorities, Co. manages household waste and other environmental concerns. Co. is engaged in thermal treatment, storage, methanization of household waste and production of alternative fuels. For industrial clients, Co. has developed products and services for handling industrial waste from waste production sites to elimination facilities.
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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