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Solocal Group : 2020 results in line, profitability should be slightly down in 2021
>An unsurprisingly tough start to the year - Solocal published yesterday its 2020 results which were in line with the consensus (EBITDA of € 132.8m vs € 131.9m expected). The group held its conference call after the publication. We retained a message that was in line with our expectations, which are slightly revised. The short-term momentum should remain difficult, notably due to the curfew in force in France (store closures at 6 p.m.). We therefore forecast a 10% dec...
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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