Report
Jerôme Bodin

Solocal Group : Q3 revenues slightly lower but the group has confirmed its 2022 guidance

>Neutral rating reiterated - Solocal reported yesterday Q3 2022 revenues a shade lower than our forecasts at € 99.6m, while we had expected € 101m. The order book was impacted by difficulties in recruitment and retaining the sales force. This is a core issue for the group. The group held its conference call after the publication. It confirmed its 2022 guidance for revenues (€ 405m) and notably EBITDA of € 115m. In view of the uncertain advertising environment, we fore...
Underlying
Solocal Group

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
Jerôme Bodin

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