Report
Nicolas David

Solutions 30 : Stellar Q2 performances and positive message on H2

>Q2 2020 organic growth well ahead of our expectations +3% (vs -11%e) - Solutions 30 yesterday evening published its Q2 2020 sales, which came in at € 174m, up 10.3%, of which +3.0% organic, i.e. well above our forecast (ODDO BHF: € 144m; -11.0% org. y-o-y). The slowdown vis-à-vis Q1 is 7 points (vs +10.5% organic). This outperformance is mainly attributable to a telecoms France business which has not slowed despite the pandemic, with organic growth of +37% vs +35% in...
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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