Visiativ SA

Visiativ SA is a France-based company engaged in the information technology (IT) consulting and other services. The Company offers integration services for various enterprises, active in the fields of industry, retail and services. Its portfolio of solutions includes Aeronautics & Defense, Consumers goods, Industrial equipment, Transport & mobility, Life sciences, High technologies, Finance & services and Engineering & construction, among others. Visiativ SA operates through NC2 Network Computer Communication SASU (NC2), a Tour De Salvagny-based provider of data processing and hosting services and Solo Solution Autonome SAS, a Guilherand-Granges-based provider of computer systems design services.
  • TickerA114HP
  • ISINFR0004029478
  • ExchangeEuronext Paris
  • SectorSoftware & Computer Services
  • CountryFrance

Analysts

Nicolas Thorez

Visiativ : H1 2019 close to our expectations – Organic development still hampered by the seasonal nature of H1 - Positive message on margins

>Q2 sales: +23% to € 43.5m (vs Oddo BHF’s estimate of € 44.4m), of which +3% on an organic basis - Visiativ yesterday published reported Q2 2019 growth of 23% to € 44.4m, marking a slight acceleration in organic growth on a sequential basis (+3% in Q2 vs +1% in Q1), at levels that are timorous and inherent to the usual seasonality of integration activities (the renewal of maintenance contracts mainly occurred in Q4).For H1 2019, Visiativ’s business rose by 32% to...

Jeremy Garnier

Manutan International : Convictions Nextcap S2 2019 : Let It Grow

Après une année 2018 mouvementée pour les Smallcaps et marquée par une inversion de tendance de la collecte, 2019 apparait comme une année de transition avec une légère reprise des marchés mais des incertitudes qui persistent et une aversion au risque encore importante. Croissance et visibilité seront encore les mots clés pour ce S2 2019 : nous intégrons dans la liste Claranova, SES-imagotag (Achat vs Neutre), Mediawan, BigBen Interactive, Groupe Gorgé et Manutan International ; ...

Jeremy Garnier

Manutan International : H2 2019 Nextcap Convictions: Let it grow

After an eventful year for small caps in 2018 marked by a reversal of trend in inflows, 2019 seems set to be a year of transition with a slight upturn in the markets but also ongoing uncertainty and high risk aversion. Growth and visibility will still be the watchwords for H2 2019: we are including Claranova, SES-imagotag (Buy vs Neutral), Mediawan, BigBen Interactive, Groupe Gorgé and Manutan International in our convictions list and maintaining Visiativ. - - >Fragile rebo...

Charles Lepetitpas ...
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Jean Sassus
  • Nicolas David
  • Nicolas Thorez
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/12/2019

OK, everything (risk aversion, persistently low interest rates, questions about the macro cycle) argues in favour of a growth/quality allocation. But at what price? A modelling of the 12-mth relative P/E of the Stoxx 600 sectors according to their "desirability" (visibility of EPS growth, negative correlation to rates, low correlation to political risk) leads to the observation that the food & beverages sector (=) is trading 8% above its theoretical premium, which is not the case for ...

Charles Lepetitpas ...
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Jean Sassus
  • Nicolas David
  • Nicolas Thorez
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 12/06/2019

Dans cette note, nous revenons sur les raisons de la croissance rapide du secteur des paiements. En Bourse, il surperforme nettement le secteur de la technologie sur longue période et nous ne voyons aucune raison pour que cela s’arrête. Dans ce cadre, nous proposons une hiérarchie claire sur les valeurs européennes. Nous réitérons nos préférences (Achat) pour Worldline et Wirecard, maintenons notre opinion Neutre sur Ingenico et initions Adyen à Alléger. - ...

Nicolas Thorez

Visiativ : H1 2019 close to our expectations – Organic development still hampered by the seasonal nature of H1 - Positive message on margins

>Q2 sales: +23% to € 43.5m (vs Oddo BHF’s estimate of € 44.4m), of which +3% on an organic basis - Visiativ yesterday published reported Q2 2019 growth of 23% to € 44.4m, marking a slight acceleration in organic growth on a sequential basis (+3% in Q2 vs +1% in Q1), at levels that are timorous and inherent to the usual seasonality of integration activities (the renewal of maintenance contracts mainly occurred in Q4).For H1 2019, Visiativ’s business rose by 32% to...

Jeremy Garnier

Manutan International : Convictions Nextcap S2 2019 : Let It Grow

Après une année 2018 mouvementée pour les Smallcaps et marquée par une inversion de tendance de la collecte, 2019 apparait comme une année de transition avec une légère reprise des marchés mais des incertitudes qui persistent et une aversion au risque encore importante. Croissance et visibilité seront encore les mots clés pour ce S2 2019 : nous intégrons dans la liste Claranova, SES-imagotag (Achat vs Neutre), Mediawan, BigBen Interactive, Groupe Gorgé et Manutan International ; ...

Jeremy Garnier

Manutan International : H2 2019 Nextcap Convictions: Let it grow

After an eventful year for small caps in 2018 marked by a reversal of trend in inflows, 2019 seems set to be a year of transition with a slight upturn in the markets but also ongoing uncertainty and high risk aversion. Growth and visibility will still be the watchwords for H2 2019: we are including Claranova, SES-imagotag (Buy vs Neutral), Mediawan, BigBen Interactive, Groupe Gorgé and Manutan International in our convictions list and maintaining Visiativ. - - >Fragile rebo...

Charles Lepetitpas ...
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Jean Sassus
  • Nicolas David
  • Nicolas Thorez
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/12/2019

OK, everything (risk aversion, persistently low interest rates, questions about the macro cycle) argues in favour of a growth/quality allocation. But at what price? A modelling of the 12-mth relative P/E of the Stoxx 600 sectors according to their "desirability" (visibility of EPS growth, negative correlation to rates, low correlation to political risk) leads to the observation that the food & beverages sector (=) is trading 8% above its theoretical premium, which is not the case for ...

Charles Lepetitpas ...
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Jean Sassus
  • Nicolas David
  • Nicolas Thorez
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 12/06/2019

Dans cette note, nous revenons sur les raisons de la croissance rapide du secteur des paiements. En Bourse, il surperforme nettement le secteur de la technologie sur longue période et nous ne voyons aucune raison pour que cela s’arrête. Dans ce cadre, nous proposons une hiérarchie claire sur les valeurs européennes. Nous réitérons nos préférences (Achat) pour Worldline et Wirecard, maintenons notre opinion Neutre sur Ingenico et initions Adyen à Alléger. - ...

1 director bought

A director at Visiativ bought 2,000 shares at 14.720EUR and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board memb...

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Christophe Chaput
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hana Maalej
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Nicolas Thorez
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 04/24/2019

...

Alexandre Iatrides ...
  • Aurelien Sivignon
  • Christophe Chaput
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Florent Laroche-Joubert
  • Geoffroy Michalet
  • Hana Maalej
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Nicolas Thorez
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 24/04/2019

...

Alexandre Iatrides ...
  • Anis Zgaya
  • Fatma Agnès Hamdani
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Nicolas Thorez
  • Olivier Lebrun

ODDO BHF Small & MIDCAP MORNING NEWS - 03/29/2019

...

Alexandre Iatrides ...
  • Anis Zgaya
  • Fatma Agnès Hamdani
  • Jeremy Garnier
  • Jerôme Bodin
  • Khaled Ben Amor
  • Nicolas Thorez
  • Olivier Lebrun

ODDO BHF Small & MIDCAP MORNING NEWS - 29/03/2019

...

Alain William ...
  • Christophe Chaput
  • Emmanuel Matot
  • Jeremy Garnier
  • Martial Descoutures
  • Nicolas Thorez
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 01/23/2019

...

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