Loxam - 4Q17 - Robust market dynamics unlikely to change any time soon
Loxam, the largest European equipment rental company, reported another set of sound quarterly results for 4Q17. Like-for-like revenues grew by 10.7%, supported by favourable conditions in most of the company’s markets. Once again, France was in the driving seat with Generalist and Specialist divisions rising by 12% and 9% respectively as clients capitalized on the unusually mild weather conditions to pursue constructions until mid-December.
Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.
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