Suez : Update to H1 2020 trends
>Buy recommendation and target price of € 13.0 maintained - In an effort to deliver the most accurate trajectory possible in the current environment, the group has issued a press release in which it reviews its expectations for H1 2020, the operational trajectory and the rebound from the low point of activity hit in April/May. At 30 June, 2020 Suez is expected to record an organic contraction of -6% in sales and recurring EBIT of € 320-€ 330m. These elements are in li...Suez is active in each stage of the water and waste cycles. Co. is organized around three main segments: Water Europe (water distribution and treatment services, particularly under concession contracts, to individuals, local authorities and industrial clients); Waste Europe (waste collection and treatment services for local authorities and industrial clients; these services include collection, sorting, recycling, composting, energy recovery and landfilling for both non-hazardous and hazardous waste) and International (water, waste and engineering services, with a special focus on risk-management resulting from specific local environments by setting up partnerships).
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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