Bollore is a holding company. Through its subsidiaries, Co. conducts business in international logistics, transportation and logistics in Africa (port management, stevedoring, logistics), fuel distribution, batteries and supercapacitors, electric vehicles, plastic films for capacitors and packaging, dedicated terminals and systems, plantations, communicationa and the media (television and free press, advertising and market research) and the management of portfolio shareholdings. Co.'s activities can be divided into four segments: Transportation and logistics, Industry, Fuel distribution, and Other activities.
  • TickerBOL
  • ISINFR0000039299
  • ExchangeEuronext Paris
  • SectorIndustrial Transportation
  • CountryFrance

Analysts

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 07/11/2019 - Crédit Agricole, Teva - FR

TP ICAP - Europe - Morning CreditUpdate 07/11/2019 - Crédit Agricole, Teva - FR

Carole Braudeau

Bollore : Calmer atmosphere but the scope is likely to change significantly

Publication date 31/10/2019 17:34 - Writing date 31/10/2019 15:51 - - - Bolloré bonds - Ccpn - Maturity - Amt - Price - YTM - Zspd - 2.875 - 29/07/21 - 450m€ - 103.6% - 0.8% - 77bp - 2.000 - 25/01/22 - 500m€ - 102.8% - 0.7% - 91bp - - Equity data - Reco : Buy - Target : €4.8 (+23%) - Equity Analyst: Jerôme Bodin - - - - / - - - - - - - - - / - - - - - - - - - - We are upgrading our Reduce recommendation to Neutral. - In our update of 26 April 2018, we downgraded our Buy recommendation on the Bolloré bo...

Carole Braudeau

Bolloré : Une ‘ambiance’ plus sereine mais un périmètre appelé à évoluer significativement.

Nous relevons notre recommandation d’Alléger à Neutre. - Dans notre update du 26/04/18, nous avions dégradé notre recommandation sur les obligations Bolloré d’Achat à Alléger compte tenu de la mise en examen de Vincent Bolloré et deux de ses collaborateurs, pour des affaires de corruption présumée en Afrique (concessions des ports de Lomé au Togo, et de Conakry en Guinée). - Nous n’étions pas alarmistes sur la situation financière du groupe mais nous estimions qu’il y aurait de mei...

With a more favourable environment, BOLLORE NV improves to Slightly Positive

BOLLORE NV (FR), a company active in the Transportation Services industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date October 29, 2019, the closing price was EUR 3.94 and its potential was estimated at EUR 4.18.

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 21/10/2019 - Thyssenkrupp - EN

TP ICAP - Europe - Morning CreditUpdate 21/10/2019 - Thyssenkrupp - EN

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 07/11/2019 - Crédit Agricole, Teva - FR

TP ICAP - Europe - Morning CreditUpdate 07/11/2019 - Crédit Agricole, Teva - FR

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 21/10/2019 - Thyssenkrupp - EN

TP ICAP - Europe - Morning CreditUpdate 21/10/2019 - Thyssenkrupp - EN

Marnik Hinnekens

TP ICAP - Europe - Morning CreditUpdate 21/10/2019 - Thyssenkrupp - FR

ThyssenKrupp (Achat) : Vers une cession du pôle ascenseurs pour environ €15 mds Wirecard (Achat) : Demande un audit indépendant Eurofins (Achat) : Finalisation du refinancement de €300m de dette hybride Fnac Darty (Achat) - 9M-19 : Revenus de €5,1 mds (+3%, +2,3% en comparables) Ineos (Achat) - T3-19 : EBITDA de €514m (vs. €631m l’an dernier) Bolloré (Conserver) - 9M-19 : CA de €17,9 mds (+9% en publié, +4% en organique) Solocal (Vente) -T3-19 : Revenus de €142m (-11,1%)

ASX Listed Managed Investments Monthly Report

Capital Continues to Flow Into LMIs Through April and May we have seen three more listed managed investment vehicles (LMIs) start trading on the ASX including two fixed income focused listed investment trusts (LITs), Perpetual Credit Income Trust (ASX:PCI) and MCP Wholesale Income Opportunities Trust (ASX:MOT). Refer to our LMI Monthly Update of 18 March 2019 for more details on these LITs. Pengana Private Equity Trust (ASX:PE1) units listed in April after it raised $205m, at the lower end of its $100m to $600m target range. PE1 is a unique offering in that it is the only LMI that will provid...

Carole Braudeau

Bollore : Still some interest

Publication date 28/09/2017 15:49 - Writing date 28/09/2017 15:48 - - Bolloré bonds - - cpon - maturity - amount - ASW spd - Z spd - YTM - 4.32 - 25/10/19 - 170 - 113 - 109 - 0.9 - 2.875 - 29/07/21 - 450 - 108 - 105 - 1.2 - 2.00 - 25/01/22 - 500 - 126 - 126 - 1.4 - Source : Bloomberg - - Equity data - Reco : Buy - Target : 5.00 EUR - Equity Analyst : Bruno Hareng - - - - - / - - - - - - - - - - - - - - - - - - - - - Bolloré boasts strong competitive position in its core markets and a solid track record (average annual growth rate of 4% for sales, 17% for EBITDA and...

Benoit Valleaux ...
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Johanna Jourdain
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Pierre Tegner
  • Roland Pfaender,MBA,CFA,CCRA
  • Samantha Jeary
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/18/2019

...

Jerôme Bodin

Bollore : Sluggish Q3 in transport but mix still favourable

>Buy rating reiterated - Bolloré reported Q3 sales yesterday which were in line with our expectations. The main factor was the organic decline in the "transport & logistics" division, which was down -4%, penalised by an unfavourable base effect (+10% in Q3 2018) and a decline in volumes in the transport commission business. The impact on profitability should, nonetheless be very limited given the variability of costs for this business. The trend nonetheless remains p...

Benoit Valleaux ...
  • Christophe Chaput
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jerôme Bodin
  • Johanna Jourdain
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Pierre Tegner
  • Roland Pfaender,MBA,CFA,CCRA
  • Samantha Jeary
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 18/10/2019

...

Jerôme Bodin

Bolloré : T3 mou dans le transport mais mix toujours favorable

>Opinion Achat réitérée - Bolloré a publié hier son CA du T3 ressorti en ligne avec nos attentes. Le principal élément est la décroissance organique du pôle « Transport & Logistique » qui ressort à -4%, pénalisée par un effet de base défavorable (+10% au T3 2018) et une baisse des volumes dans la commission de transport. L’impact sur la rentabilité devrait toutefois être très limité au regard de la variabilité des charges de cette activité. La tendance reste toutefoi...

Jerôme Bodin

Bollore : Del Vecchio acquires 7% of Mediobanca, is Bolloré the seller?

>Leonardo Del Vecchio acquires 7% of the capital of Mediobanca - According to Reuters, Leonardo Del Vecchio, the founder of Luxottica, has acquired a 6.94% stake in Mediobanca on the market. The average price was not mentioned but the article mentions a cash outlay of € 580m. Note that Bolloré owns a 7.86% stake in Mediobanca, held via its subsidiary Financière de Perguet. Did Bolloré sell the shares? - The article says the shares were acquired on t...

1 director bought

A director at Bollore bought 285,308 shares at 3.709EUR and the significance rating of the trade was 67/100. 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...

Alfred Glaser ...
  • Delphine Brault
  • Fehmi Ben Naamane
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard, CFA
  • Philippe Ourpatian

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 09/18/2019

...

Alfred Glaser ...
  • Delphine Brault
  • Fehmi Ben Naamane
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard, CFA
  • Philippe Ourpatian

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 18/09/2019

...

Benoit Valleaux ...
  • Bruno Cavalier
  • Jean Sassus
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard
  • Oussema Denguir
  • Philippe Ourpatian
  • Pierre Corby
  • Samantha Jeary
  • Steven Gould
  • Valentin Pernet

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/13/2019

...

Benoit Valleaux ...
  • Bruno Cavalier
  • Jean Sassus
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard
  • Oussema Denguir
  • Philippe Ourpatian
  • Pierre Corby
  • Samantha Jeary
  • Steven Gould
  • Valentin Pernet

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 13/05/2019

...

Alain William ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Benoit Valleaux
  • Delphine Brault
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean Sassus
  • Jerôme Bodin
  • Johanna Jourdain
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/10/2019

...

With a more favourable environment, BOLLORE NV improves to Slightly Positive

BOLLORE NV (FR), a company active in the Transportation Services industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date October 29, 2019, the closing price was EUR 3.94 and its potential was estimated at EUR 4.18.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Carole Braudeau

Bollore : Calmer atmosphere but the scope is likely to change significantly

Publication date 31/10/2019 17:34 - Writing date 31/10/2019 15:51 - - - Bolloré bonds - Ccpn - Maturity - Amt - Price - YTM - Zspd - 2.875 - 29/07/21 - 450m€ - 103.6% - 0.8% - 77bp - 2.000 - 25/01/22 - 500m€ - 102.8% - 0.7% - 91bp - - Equity data - Reco : Buy - Target : €4.8 (+23%) - Equity Analyst: Jerôme Bodin - - - - / - - - - - - - - - / - - - - - - - - - - We are upgrading our Reduce recommendation to Neutral. - In our update of 26 April 2018, we downgraded our Buy recommendation on the Bolloré bo...

Carole Braudeau

Bolloré : Une ‘ambiance’ plus sereine mais un périmètre appelé à évoluer significativement.

Nous relevons notre recommandation d’Alléger à Neutre. - Dans notre update du 26/04/18, nous avions dégradé notre recommandation sur les obligations Bolloré d’Achat à Alléger compte tenu de la mise en examen de Vincent Bolloré et deux de ses collaborateurs, pour des affaires de corruption présumée en Afrique (concessions des ports de Lomé au Togo, et de Conakry en Guinée). - Nous n’étions pas alarmistes sur la situation financière du groupe mais nous estimions qu’il y aurait de mei...

MarketLine Department

Geodis SA - Strategy, SWOT and Corporate Finance Report

Summary Geodis SA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Geodis SA (Geodis), a subsidiary of SNCF Group, is a supply chain operator. The company designs, builds, operates and advises on transport and logistics solutions. It serves various markets, including retail, fashion, and lifestyle, luxury goods, fast-moving consumer goods (FMCG), healthcare, indus...

MarketLine Department

Pure Nickel Inc - Strategy, SWOT and Corporate Finance Report

Summary Pure Nickel Inc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Pure Nickel Inc (Pure Nickel) is a mineral exploration company. It undertakes the exploration of nickel, platinum group elements (PGEs), copper, gold, silver and associated base and precious metals. The company has a diverse collection of mineral exploration projects in North America. It owns...

Jehanne Leroy

Bolloré - Assemblée générale des actionnaires du 29 mai 2019

GouvernanceLe 14 mars 2019, Vincent Bolloré a démissionné de son mandat de Président-directeur général et Cyrille Bolloré a été nommé en qualité de Président-directeur général. RémunérationsLa société n’a toujours pas amélioré sa communication concernant les rémunérations attribuées ou attribuables. Ainsi, aucune information n'est communiquée sur les critères de performance utilisés pour le calcul du bonus 2018 de Cyrille Bolloré. Par ailleurs, dans le cadre de la politique de rémunération 2019 du PDG à compter du 14 mars 2019, la société indique que sa rémunération fixe sera portée à 1 100 0...

Expert Corporate Governance Service (ECGS)

Bollore - AGM and EGM 29 May 2019

Vincent Bolloré resigned from his office as Chairman and Chief Executive Officer on March 14, 2019.  Cyrille Bolloré was appointed Chairman and Chief Executive Officer on the same day.  ITEMS 23 and 24: the company did not improve its disclosure on amounts granted as it still does not disclose performance criteria of Cyrille Bolloré's annual bonus.  ITEM 27: Although we strongly appreciate that the company discloses the fixed remuneration of Cyrille Bolloré as Chairman and CEO as of 14 March 2019, we note that the company does not exclude to grant him any other fixed remuneration for any oth...

Bolloré – Proxinvest Corporate Governance Rating ® : E

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Jehanne Leroy

Proxy Report - 01/06/2018

Despite concerns raised in 2017, the company did not improve its disclosure on 2017 amounts granted and 2018 amounts to be granted. It still not discloses performance criteria of Cyrille Bolloré's annual bonus. Likewise, it indicates that his fixed remuneration will be increased in 2018 (for at least the 5th year in a row), but still does not disclose its amount. The company keeps on being one of the less transparent companies within the SBF 120.

Jehanne Leroy

Proxy Report - 01/06/2018

Malgré les remarques faites en 2017, la société n'a pas amélioré sa communication concernant les rémunérations attribuées ou attribuables. Ainsi, aucune information n'est communiquée sur les critères de performance utilisés pour le calcul du bonus 2017 de Cyrille Bolloré. De la même façon, si la société indique clairement que son fixe pour 2018 sera augmenté "compte tenu de son expérience et de l’accroissement de ses responsabilités dans la stratégie du Groupe" (comme chaque année depuis au moins 5 ans), elle ne communique toutefois pas le montant qui lui sera attribué. Ainsi, la société cont...

Valérie GASTALDY

Short term view - BOLLORE : The movement goes on.

The background trend is clearly bearish. The movement goes on. The next target is at €3.636, then €3.365. Passing €4.178 would question the continuation of the fall.

Valérie GASTALDY

Analyse court terme - BOLLORE : Le mouvement se poursuit.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 3,636 €, puis 3,365 €. Le franchissement de 4,178 € remettrait en cause la suite de la baisse.

Valérie GASTALDY

Short term view - BOLLORE : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €3.636, then €3.365. Passing €4.178 would question the continuation of the fall.

Valérie GASTALDY

Analyse court terme - BOLLORE : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 3,636 €, puis 3,365 €. Le franchissement de 4,178 € remettrait en cause la suite de la baisse.

Valérie GASTALDY

Analyse moyen terme - BOLLORE : Le mouvement se poursuit.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 3,681 €, puis 3,298 €. Le franchissement de 5,091 € remettrait en cause la suite de la baisse.

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