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Solocal Group : 2021 results in line with forecasts and guidance confirmed, notably for a transition year in 2022
>Neutral rating reiterated - Solocal this morning reported full-year results that were in line with forecasts since 2021 EBITDA came to € 121.5m whereas we looked for € 120m. The full-year results were therefore in line with what the group had been targeting for 12 months. There was good news on FCF which was slightly higher than we expected, while one slightly negative point was the customer base, which continues to decline under the impact of gross recruitments. Thi...
Underlying
Solocal Group
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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.
Jerôme Bodin
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