Solocal Group : Management update following the request for a postponement of the bond coupon
>Key takeaways from the conference call - Solocal’s management yesterday held a conference to provide clarification on its quest to postpone payment of the coupon on its bonds. The takeaways were: 1/ the group said that it was in line with its budget up to the start of March. For the time being it is very difficult to have visibility on the trend, but it expects a fall of at least 30% in its digital order intake if not more. It said that this was not guidance but an i...Solocal Group SA is a France-based company, which is engaged in local online communication. The Company provides digital content, advertising solutions and transactional services that connect people with local businesses. Solocal Group SA operates in France, Spain, Austria and the United Kingdom and supports the online development of SMB and client accounts, mainly through its four flagship brands: PagesJaunes (engaged in local advertising and information on the Internet and in mobile and print media), Mappy (a portal of services relating to travel: maps, journey planners, local area information searches, before and during the journey), Ooreka (a database of content with practical guides, tutorials, among others, written by such specialists as notaries, lawyers, doctors, electricians and gardeners, among others.
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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