Report
Aurelien Sivignon

SES - imagotag : Les USA vont prendre le pas sur la topline à partir du T4

>Dynamique plus faible sur le T3 comme anticipé - SESL a publié hier soir son CA T3 qui est ressorti flat + y-o-y à 183 M€ (nous anticipions 194 M€e i.e. +7% y-o-y). Le management avait souligné en septembre qu’il y aurait une saisonnalité sur le S2 en faveur du T4, cette saisonnalité est un peu plus forte que ce que nous anticipions mais ne remet pas en cause la guidance FY qui devrait être légèrement dépassée. Sur 9 mois cumulés, le CA atteint 474 M€ en hausse de 2...
Underlying
SES-imagotag SA

Ses Imagotag SA Formerly known as Ses-Imagotag SA. Ses Imagotag SA is a France-based company, which designs and markets electronic shelf labeling systems for food and non-food retail industries. The Company's solutions include store electronic systems (SES), electronic labels, software, radio and mounting systems. The Company's solutions are designed for every type of retail environment, including hypermarkets, supermarkets, electronics stores, garden centers, pharmacies and service stations. The Company's products are distributed in approximately 50 countries worldwide. Ses Imagotag SA's main clients include Intermarche, E. Leclerc, Monoprix, Groupe Casino, Carrefour and Auchan. The Company has a global presence, through its own subsidiaries and representations, in Italy, Spain, the United Kingdom, Scandinavia, Canada, Mexico and Singapore, as well as more than 60 international partners. It operates through imagotag GmbH, a manufacturer of electronic components.

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
Aurelien Sivignon

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