Oddo BHF - UnifiedPost Group (UPG) Unifiedpost Group : Q3 2024 revenue concerning, but non-core divestment on track

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Oddo BHF

Julian Dobrovolschi ...

Nicolas Thorez

Unifiedpost Group : Q3 2024 revenue concerning, but non-core divestment on track

>Weak trading update, digital business showing material deceleration in Q3 - Unifiedpost came with a weak trading update this morning. 9M 2024 revenue (cont. operations) were € 72.3m slightly above same period last year. However, if we zoom into the Q3 2024 numbers alone, group revenue was € 23.1m which is well below our estimates and declining 11.1%. Given the 9M 2024 revenue development in the cont. operations, we would expect cuts to revenue in the range of high-si...

14/11/2024 1 EN

Underlying

UnifiedPost Group

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BE0974371032 Euronext Brussels Belgium

Provider

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.

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Analysts

Julian Dobrovolschi

Nicolas Thorez

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Unifiedpost Group : Q3 2024 revenue concerning, but non-core divestment on track

ODDO BHF Small & MIDCAP MORNING NEWS - Date1

ODDO BHF Small & MIDCAP MORNING NEWS - 11/14/2024

Accelleron : Straight and smooth sailing with a compounder profile

Dermapharm Holding SE : All divisions contribute to better-than-expected 9M figures

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