Report
Nicolas David

Solutions 30 : Growth in 2020!

>2019 results (IFRS) a shade above forecasts - The group has published its first results under IFRS norms, which came in a shade above our forecasts. The shift to IFRS (vs Luxembourg GAAP) has led to a slight downward revision to 2019 sales (-€ 4m to € 682m, i.e. difference of 1%), which had already been published. Adjusted EBITDA (excluding IFRS-16) was € 68m, i.e. a 60bp improvement in the margin to 9.9% and above forecasts (ODDO BHF and consensus: € 64m), whilst ad...
Underlying
Solutions 30 SE

Solutions 30 SE is a France-based company that specializes in information technology (IT) repair services for individual and business clients. Its activity is divided into five key fields, such as IT-Telecom, Energy, Audiovisual, Piont of services and Security. Solutions 30 SE has a network of locally based teams throughout France that provide on-site IT assistance either at home or in the workplace. The Company is also present in Italy. Solutions 30 SE operates through Telima Mediterranee, Telima Ile de France, Mulot Assistance, Telima Reims Family, Telima Mediterranee Family, Mixnet, B&F GmbH in Germany, Connecting Cable GmbH and Vodafone Kabel Deutschland Field Services Gmbh, among others.

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
Nicolas David

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