Report
Pierre François Merveille

SPIE : Update on new 2028 ORNANE issue

>Results driven by energy transition/efficiency projects and disciplined approach to margins - Organic revenue growth accelerated in the first nine months of 2022 (+5.6% after +3.2% in 2021), driven by robust demand for energy transition/efficiency activities. We expect this trend to continue despite bleaker macroeconomic conditions (+5.7% forecast for full year 2022 and +5% in 2023). SPIE is keeping a tight grip on costs (EBITA margin forecast to widen by 20 bp to ...
Underlying
SPIE SA

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.

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
Pierre François Merveille

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