Spie : Leeway to address the Covid-19 crisis
While Q1 results are decent, with stable organic sales and EBITA margin, Q2 results are expected to contract sharply as business has been limited by lockdown measures in Europe, particularly in countries where strict constraints have been implemented (France, Belgium and, to a lesser extent, the UK). The group's performance is expected to be closer to the 2019 level in H2, but with negative impacts linked to the macroeconomy and preventive sanitary measures. However, Spie has sev...Spie is a provider of electrical engineering and IT services and an infrastructure and building contractor. Co. helps to design, finance, manage and implement an array of projects ranging from high-speed TGV and conventional rail lines to metros and light rail systems. In addition, Co. offers telecom and information network services. Through the Commercial Segment, Co. is engaged in construction and renovation projects. Co. also offers wired building services as well as multi-disciplinary industrial maintenance and facilities management solutions.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.