SPIE : Q1 sales preview: still relatively solid organic growth for Q1 and plenty of bolt-on external growth opportunities
>Q1 sales preview: we forecast growth of +7.6% with +4.3% l-f-l - On 25 April, Spie is due to report its Q1 sales and will comments on the figures in a conference call. Key indicators following a contact with the group: For the first quarter, our estimates are based on production growth of 7.6% to € 2.1445bn, including an acquisitions impact of € 65.5m (+3.3%) and organic growth of 4.3%. By geographic zone, organic growth breaks down as follows: 1/ for France (38...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.
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