Technotrans AG : Q2 18 in line – management reiterated its 2018 targets – EBIT margin more towards the lower end of the guidance range
>Q2 18 fully in line with our estimates - Q2 2018 results (07 August) showed stronger growth than Q1 18 and were fully in line with our estimates. After a moderate start into Q1 18 with sales growth of 2.5%, Q2 18 group sales increased +5.8% yoy to € 53.3m, fully in line with our estimate of € 53.4m. Technology sales (€ 38.8m, +8.7% yoy) were bang in line with our estimate (€ 38.8m), carried by all business units within the segment, as we expected. Services sales were...Technotrans is a technology and service company that focuses on applications of liquid technology. Co.'s business is divided into two segments: Technology, in which Co. develops and sells equipment and systems based on its knowledge in temperature control, filtering and separating, spraying and pumping liquids, along with the corresponding control and process engineering; and Services, in which Co. provides a range of services that include customer support for the installation, maintenance and operation of systems, and produces technical documentation, including in translation, and sells self-developed software, which is used to generate that documentation.
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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