WALLIX : Trends confirmed in Q3, underpinning our scenario for 2023 and beyond
>Q3 figures broadly satisfactory and consistent with the expected trajectory - In accordance with its new policy in terms of financial communication (quarterly release vs half-yearly previously), the group yesterday reported Q3 2023 sales of € 7.0m, up 20% y-o-y (+22% ex Russia), and +19% in organic terms by our calculations (incl. Kleverware), close to our growth forecast for 2023. The pace of growth thus remains decent, this despite the ramp-up in the subscription m...Wallix Group SA. Wallix Group SA is a France-based company specialized in the security software industry. The Company publishes computer security software relating to the access control and the traceability of privileged accounts or privileged access management (PAM) in the information systems of a number of companies. The Group serves various sectors, including healthcare, cloud & telcos and bank & insurance, among others. Through its solution, Wallix Bastion, the Group helps companies enhance their protection from cyber risks. Its solutions are distributed via a network of trained resellers. Wallix Group's portfolio includes audit and compliance, remote access security, cloud security and controlling industrial systems. In addition, through its subsidiaries the Company also provides computer security software editing services. Apart from France, the Company also operates in the United States.
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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