Report
Remi Ramadou
EUR 147.72 For Business Accounts Only

SPIE 1Q17 - M&A provides a good start to the year despite dissapointing O&G

Spie, the French multi-technical service provider, held a conference call to present a decent 1Q16 trading update. Reported sales were up 3.3% yoy to €1.2bn and EBITA increased €1.5m to €59.2m, representing a broadly stable margin of 4.8%.;;;
Underlying
SPIE SA

Spie is a provider of electrical engineering and IT services and an infrastructure and building contractor. Co. helps to design, finance, manage and implement an array of projects ranging from high-speed TGV and conventional rail lines to metros and light rail systems. In addition, Co. offers telecom and information network services. Through the Commercial Segment, Co. is engaged in construction and renovation projects. Co. also offers wired building services as well as multi-disciplinary industrial maintenance and facilities management solutions.

Provider
Spread Research
Spread Research

​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.

 

Analysts
Remi Ramadou

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