Report
Emmanuel Matot

Somfy : Confirmation d’un impact limité de la crise sur les résultats 2020

>Très bonne gestion de la crise du COVID au S1 – Résultats sans grande surprise par rapport à nos attentes - Somfy a publié hier soir ses résultats au titre du S1 2020. Ils ressortent sans grande surprise par rapport à nos attentes et bien meilleurs que ce qu’attendaient les dirigeants mi-avril au plus fort de la crise COVID.Sur la base d’un CA déjà publié en juillet et en baisse de 7% en organique (-16% au T2 et +3% au T1), le ROC ne recule que de 11% à 103 M€ (...
Underlying
Somfy SA

Somfy SA is a France-based company engaged in the design, manufacture and development of controls for openings and closures of homes and commercial buildings. The Company's range of products include automatic controls for awnings, rolling shutters, storefront grills, garage doors and gates, motors and controls for roller shutters and curtains, venetian blinds and all interior window coverings and decoration, alarm systems and for protecting large utility facilities. It has operations in France, Germany, Greece, Romania, Italy, Middle East, Asia Pacific, and the United States, among others.The Company operates through Garen Automacao, Neocontrol Solucoes em Automacao SA and MyFox, among others. It joins venture with iHome in South East Asia.

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
Emmanuel Matot

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