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Econocom Group SE (ECONB.BR)

ECONB.BR on Brussels Stock Exchange

2.89EUR
16 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Econocom Appoints Robert Bouchard As CEO
Thursday, 22 Mar 2018 02:40am EDT 

March 22 (Reuters) - ECONOCOM GROUP SE ::APPOINTS ROBERT BOUCHARD AS CEO.JEAN-LOUIS BOUCHARD WILL BE CHAIRMAN OF THE BOARD.APPOINTMENTS EFFECTIVE FROM MARCH 19.  Full Article

Econocom Group Issues OCEANE Convertible Bonds For Up To 200 Million Euros
Thursday, 1 Mar 2018 11:19am EST 

March 1 (Reuters) - ECONOCOM GROUP SE ::LAUNCHES CONVERTIBLE BOND (OCEANE) ISSUE FOR AMOUNT OF MAXIMUM EUR 200 MILLION.CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK AND SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING ECONOCOM GROUP SE ACT AS BOOKRUNNER.CONVERTIBLE BOND (OCEANE) REACHING MATURITY DAY IN 2023.THE ISSUE WILL PERMIT ECONOCOM INCREASE ITS FINANCIAL RESOURCES WITHIN THE STRATEGIC PLAN "E FOR EXCELLENCE 2018-2022"‍​.  Full Article

Econocom FY Recurring Operating Income Up At 150.2 Million Euros
Monday, 26 Feb 2018 12:07pm EST 

Feb 26 (Reuters) - ECONOCOM GROUP SE ::FY REVENUE EUR ‍​2.98 BILLION VERSUS EUR 2.54 BILLION YEAR AGO.FY NET INCOME EUR ‍​90.7 MILLION VERSUS EUR 32.8 MILLION YEAR AGO.FY RECURRING OPERATING INCOME EUR ‍​150.2 MILLION VERSUS EUR 136.1 MILLION YEAR AGO.EXPECTS IN 2018 AN ORGANIC GROWTH ABOVE THAT OF INFORMATION TECHNOLOGY CONSULTING MARKET.EXPECTS IN 2018 A GROWING RECURRING OPERATING INCOME.TO PROPOSE A SHARE PREMIUM OF EUR 0.12 PER SHARE.ESTIMATED IFRS15 IMPACT AT END 2017; DECLINE IN REVENUES FROM CONTINUING OPERATIONS OF EUR 330 MILLION.ESTIMATED IFRS15 IMPACT AT END 2017; NO CHANGE IN THE AMOUNT OF NET RESULT OR EARNING PER SHARE.CONFIRMS 2022 GUIDANCE.ESTIMATED IFRS15 IMPACT AT END 2017; OPERATING MARGIN RATE WILL INCREASE TO 5.8 PERCENT FROM 5.2 PERCENT.  Full Article

Econocom and Microsoft partner to distribute HoloLens on European market​
Thursday, 23 Nov 2017 05:56am EST 

Nov 23 (Reuters) - ECONOCOM GROUP SE ::‍ECONOCOM AND MICROSOFT ARE ANNOUNCING A PARTNERSHIP TO DISTRIBUTE HOLOLENS ON EUROPEAN MARKET​.  Full Article

Econocom Group 9 month revenue at 1.9 million euros, up 11.2 pct‍​
Thursday, 19 Oct 2017 12:07pm EDT 

Oct 19 (Reuters) - ECONOCOM GROUP SE ::9M REVENUE EUR 1.9 MILLION UP 11.2 PCT‍​.CONFIDENT IN ORGANIC REVENUE GROWTH TARGET OF MORE THAN 5 PERCENT FOR FY 2017.  Full Article

Econocom Group aims to double recurring operating profit to 300 million euros by 2022
Tuesday, 3 Oct 2017 02:44am EDT 

Oct 3 (Reuters) - ECONOCOM GROUP SE ::AIMS TO DOUBLE RECURRING OPERATING PROFIT AGAIN TO REACH EUR 300 MILLION BY 2022 IN 'E FOR EXCELLENCE' PLAN.AIMS BY 2022 TO ACHIEVE REVENUE OF EUR 4 BLN‍​.AIMS BY 2022 FOR AVERAGE ANNUAL REVENUE GROWTH RATE OF C. 7 PERCENT.  Full Article

Econocom announces three external growth operations in Germany, France and UK
Monday, 4 Sep 2017 12:29pm EDT 

Sept 4 (Reuters) - ECONOCOM GROUP SE ::ANNOUNCES THREE EXTERNAL GROWTH OPERATIONS IN GERMANY, FRANCE AND THE UNITED KINGDOM‍​.IN GERMANY GROUP ENTERED EXCLUSIVE NEGOTIATIONS IN ORDER TO ACQUIRE 80 PERCENT OF ENERGY NET‍​.ACQUISITION AT THE END OF JULY OF 85% OF JADE SOLUTIONS IN UK‍​.EXAPROBE, SATELLITE OF ECONOCOM GROUP, SIGNED ON SEPT 1 AGREEMENTS TO ACQUIRE 51% OF FRENCH COMPANY ACIERNET‍​.  Full Article

Econocom Group H1 recurring operating profit raises 58.2 million euros
Thursday, 27 Jul 2017 01:48pm EDT 

July 27 (Reuters) - ECONOCOM GROUP SE ::H1 REVENUE UP 5.7% TO EUR 1.28 BILLION (ADDS CURRENCY).H1 RECURRING OPERATING PROFIT EUR 58.2 MILLION VERSUS EUR 53.3 MILLION YEAR AGO.H1 NET DEBT EUR 204 MILLION VERSUS EUR 285 MILLION YEAR AGO.ANNUAL GUIDANCE CONFIRMED.EXPECTS DOUBLE-DIGIT GROWTH IN RECURRING OPERATING PROFIT.  Full Article

Econocom Group's EGM approved to split shares
Monday, 22 May 2017 01:56am EDT 

May 22 (Reuters) - ECONOCOM GROUP SA ::EGM APPROVED TO SPLIT SHARES OF GROUP INTO TWO SHARES IN ORDER TO REINFORCE ACCESSIBILITY AND LIQUIDITY OF SHARES.EACH SHAREHOLDER WILL RECEIVE TWO NEW SHARES OF GROUP IN EXCHANGE OF EVERY SHARE HELD.TO REIMBURSE THE ISSUE PREMIUM FOR EUR 0.20 PER SHARE.NEWLY SPLIT SHARES TO BE LISTED ON EURONEXT BRUSSELS; PARTICIPATION OF EXISTING SHAREHOLDERS IN GROUP WILL NOT BE DILUTED.BOARD OF DIRECTORS TO CONVENE AN EGM WITH AGENDA TO CANCEL 3 MILLION TREASURY SHARES (OR 6 MILLION AFTER SHARE SPLIT) OF 4,182,082 SHARES CURRENTLY HELD.CANCELLATION TO TAKE PLACE BEFORE END OF 2017.  Full Article

Econocom Group acquires BIS Group, LP Digital and 40 pct stake in JTRS
Wednesday, 3 May 2017 01:39am EDT 

May 3 (Reuters) - Econocom Group SA ::Announces an agreement to acquire 100 pct of the BIS Group and continues its targeted investments strategy with JTRS in the UK and LP Digital in France.Buys a 40 pct stake in JTRS, an Apple and Google partner for digital solutions in education sector in UK.Buys 100 pct of LP Digital in France, a digital strategy consulting firm, through its satellite Alter Way.  Full Article

BRIEF-Econocom Group SE 2018 Guidance Confirmed

* 2018 GUIDANCE CONFIRMED Source text: https://bit.ly/2HDC43l Further company coverage: (Gdynia Newsroom)