Report
Pierre François Merveille

WFS : Low-level flying

Although WFS did not lose ground in 2019, the company was still impacted by challenging sectoral conditions marked by 1/ the insolvency of several airlines; 2/ an unprecedented decline in cargo volumes (IATA forecast -3.3% in 2019, a level unseen since the 2009 recession); and 3/ more specifically for WFS, the discontinuation of operations at Paris-Orly airport. The company should be able to grow sales this year through contract wins in ground handling services and the fall in ad...
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
Pierre François Merveille

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