Report
Nicolas David

Wavestone : Positive update on Q2 and H1 results

>Q2 business an improvement on that of Q1 and better than expected - The group on Friday evening issued a statement saying that business in Q2 (calendar Q3) was better than it had expected. In particular, it indicated that the activity rate had risen to a level of over 65% in Q2, vs 63% in Q1. This upswing is being driven by the group’s commercial efforts while project deferrals and cancellations have proved to be more limited than anticipated. Wavestone also indicat...
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 David

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