Report
Nicolas Thorez

Wavestone : Road show feedback: Wavestone maintains its focus while remaining vigilant

>H1: still positive on the commercial front but a decline in the underlying operating margin as expected - Beyond the Q2 figures, in line with estimates, management reiterated that order intake remained strong, despite the backlog decline from 4.2 to 3.7 months at end-September, mainly due to the increase in the workforce in Q3. The trends also remain unchanged for other key indicators: HR is still at the forefront vs demand. Initial estimates for the H1 results point...
Underlying
Wavestone SA

Wavestone SA, formerly Solucom SA, is a France-based company active in the information technology (IT) sector. It provides infrastructure consultancy services in the fields of telecommunications and networks, Strategy & management, IT transformation, IT Governance, IT architecture and Security & risk management. The Company operates through subsidiaries: Arcome, which offers marketing and technological innovation services for global companies in the information technology industry; Idesys, offerring consultancy services in the management and governance fields; New'Arch, which provides consultancy services in technical architecture of information systems; KLC, which offers consultancy services in information system and industrial investments for corporate clients; Cosmosbay-Vectis that offers business development and transformation consulting, and Xceed Group Ltd, which provides computer related services, among others.

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
Nicolas Thorez

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