Report

SES : Good Q2, augurs well for H2. But caution on video arm in the medium term

>A particularly solid Q2 - Revenues 2.4% ahead of forecasts. Q2 2018 revenues were down 0.5% l-f-l (vs -4.9% in Q1). The decline in revenues for the video business was less marked in Q2 (-1% vs -3.6% in Q1), with stability in Europe, but a tough market in the US and emerging markets. The pace of growth for network revenues accelerated (12.7% in Q2 vs +8.5% in Q1), with growth remaining robust for the mobility business (30% y-o-y) and especially an acceleration in the ...
Underlying
Warehouses Estates Belgium S.C.A.

Warehouses Estates Belgium SCA is a Belgium-based real estate investment trust, mutual fund. It mainly invests in commercial, office, semi-industrial and industrial buildings. The Company has rental agreements with public administrations, international and national companies. Warehouses Estates Belgium SCA has a property portfolio in Anderlues, Berchem, Binche, Charteroi, Couillet, Courcelles, Eupen, Fleurus, Gosselies, Jumet, Leuze, Lodelinsart, Marchienne-au-Pont, Nalinnes and Naninne, Jette and Ypres. The Company's tenants are Media Markt, Cedicora, Rackstore, Tractebel Engineering, Forever Products, Michelin Belux, Intercarrelages, Eupener Karting, Tercel Oilfield Products Belgium and Hainaut Caravaning Center, 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.

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