Despite the deceleration in Concessions’ revenues and the decrease in the order book over Q3 18, we believe that the upbeat activity in Contracting will allow the company to post a strong set of figures for FY18. Following this trading update, we expect to increase our target price and keep our Buy recommendation.
07 Nov 2018
9m 18: deceleration of Concessions revenues but guidance unchanged
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9m 18: deceleration of Concessions revenues but guidance unchanged
Eiffage SA (FGR:WBO) | 0 0 1.5% | Mkt Cap: 9,050m
- Published:
07 Nov 2018 -
Author:
Felix Brunotte -
Pages:
3
Despite the deceleration in Concessions’ revenues and the decrease in the order book over Q3 18, we believe that the upbeat activity in Contracting will allow the company to post a strong set of figures for FY18. Following this trading update, we expect to increase our target price and keep our Buy recommendation.