Software continues to drive up the top-line
H1 resulted in another relapse in profitability, mainly related to the current transition phase. We actually believe that it is a matter of time before investments bear fruit at the…
Europlasma’s restart
On 1 August, the French commercial court formally agreed on the refinancing plans to help Europlasma continue as is, albeit with new governance and massive dilution. We merely allow for…
Value in white
The core of Cementir business model is to combine the higher growth and margin potential of white cement, a niche market of some 20mt of production, with grey cement, aggregates,…
Technical Substrates sprouting through acquired growth
Staying loyal to its investment strategy of targeting niche markets, Chargeurs props up its Technical Substrates business through three minor, but strategic, acquisitions focused on museum services. This brings the…
The soft pushed up revenue, while the transition continues to impact profitability
Following the integration of the group’s annual results, the FY18 EPS has been slightly pushed down. The transition from a hardware provider to a software developer continues to weigh negatively…
A commercial success
Crossject announced the signature of a commercial agreement on Midazolam with German Desitin. The agreement mainly includes the licensing, distribution and promotion, for up to 10 years after the commercial…
Positive outlook, moving forward in new energies
One of the key takeaways of the strategy update is in New Energies, where Dietswell reported being contacted by several companies interested in bidding on the upcoming commercial tenders. By…
Marseille plant now coming on stream in 2020
We have adjusted our EPS estimates based on the expected entry into operation of the Marseille plant in early 2020 versus our assumption of late 2019. Lower expected revenues due…
2018 : plus-values et frustrations hollandaises
Bourrelier Group aura finalisé en 2018 la cession de ses activités historiques. €235m sont potentiellement à redéployer. L’activité de distribution au Bénélux ne consomme pas de trésorerie mais de la…
A new reference shareholder?
Europlasma on 04/06 indicated that a would-be financial partner had submitted a “continuation” plan to the French courts with a court decision about this offer expected by the end of…