Solocal Group SA is a France-based company, which is engaged in local online communication. The Company provides digital content, advertising solutions and transactional services that connect people with local businesses. Solocal Group SA operates in France, Spain, Austria and the United Kingdom and supports the online development of SMB and client accounts, mainly through its four flagship brands: PagesJaunes (engaged in local advertising and information on the Internet and in mobile and print media), Mappy (a portal of services relating to travel: maps, journey planners, local area information searches, before and during the journey), Ooreka (a database of content with practical guides, tutorials, among others, written by such specialists as notaries, lawyers, doctors, electricians and gardeners, among others.
  • TickerLOCAL
  • ISINFR0012938884
  • ExchangeEuronext Paris
  • SectorMedia
  • CountryFrance

Analysts

Babi Kulasingham

SOLOCAL. CA T1 2019 (+). Solocal a de la visite

SOLOCAL. CA T1 2019 (+). Solocal a de la visite

1 director bought

A director at Solocal Group bought 666,000 shares at 0.470EUR and the significance rating of the trade was 82/100. 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 boar...

Babi Kulasingham

SOLOCAL. Moody’s is tough on Solocal (-)

SOLOCAL. Moody’s is tough on Solocal (-)

Babi Kulasingham

SOLOCAL. Moody’s a la dent dure (-)

SOLOCAL. Moody’s a la dent dure (-)

Moody's downgrades Solocal's CFR to Caa1; outlook negative

Rating Action: Moody's downgrades Solocal's CFR to Caa1; outlook negative. Global Credit Research- 28 Feb 2019. Madrid, February 28, 2019-- Moody's Investors Service has today downgraded the Corporate Family Rating of Solocal Group S.A., the largest provider of local media advertising in France, to Caa1 from B3 and its probability of default rating to Caa1-PD from B3-PD.

Moody's downgrades Solocal's CFR to Caa1; outlook negative

Rating Action: Moody's downgrades Solocal's CFR to Caa1; outlook negative. Global Credit Research- 28 Feb 2019. Madrid, February 28, 2019-- Moody's Investors Service has today downgraded the Corporate Family Rating of Solocal Group S.A., the largest provider of local media advertising in France, to Caa1 from B3 and its probability of default rating to Caa1-PD from B3-PD.

Jean-Rene Meduri

SOLOCAL- 2Q18 Comments

Solocal held a conference call this morning to discuss what proved to be a weak 1H18 financial performance. Revenue was down by 4.7% yoy to €350m while recurring EBITDA came in 11.9% weaker at €70m. This semester - and especially the latest quarter - the performance of the digital segment (84% of total revenue) was disappointing, albeit not really surprising given subdued digital sales orders in 1Q18 (-6% yoy) following the announcement of the redundancy plan (there is a timelag of a few months between orders and revenues).

Jean-Rene Meduri

Solocal 1Q18 - Worrying digital sales orders

Solocal held a conference call to discuss what a weak 1Q18 performance was. Revenue continued to decline (-4% yoy to €168m). The growth of the Digital segment (90% of revenue) remained low at 1% yoy and was far from being able to compensate for the strong and accelerating decline of the print segment (-37% yoy).

Jean-Rene Meduri

SOLOCAL- Rating Report

We have reaffirmed our rating on Solocal of B. We nonetheless change our outlook to Negative from Stable.Our rating is supported by i) the leading position of Solocal in the French digital market ii) the long-term partnerships with major search engines and social media (Google, Bing, Facebook and Apple) that significantly improve Solocal’s position through referencing and shared content, iii) a moderate net leverage of 1.7x as of end-December 2017, and iv) a debt structure that incentivizes the company to deleverage and refinance as soon as possible.  

Moody's changes outlook on SoLocal's B3 CFR to stable from positive

Moody's Investors Service, ("Moody's") has today changed to stable from positive the outlook on the ratings of SoLocal Group S.A. ("SoLocal" or "the company"). Concurrently, Moody's has affirmed the B3 corporate family rating (CFR) and the B3-PD probability of default rating (PDR) of SoLoc...

Babi Kulasingham

SOLOCAL. CA T1 2019 (+). Solocal a de la visite

SOLOCAL. CA T1 2019 (+). Solocal a de la visite

Babi Kulasingham

SOLOCAL. Moody’s is tough on Solocal (-)

SOLOCAL. Moody’s is tough on Solocal (-)

Babi Kulasingham

SOLOCAL. Moody’s a la dent dure (-)

SOLOCAL. Moody’s a la dent dure (-)

Julien Onillon

Solocal, Annual results 2018

As expected, over the year 2018, Solocal managed to post a stable EBITDA excluding restructuring charges but reported a net loss of EUR81 million and, above all, saw its order intake fall sharply again in the fourth quarter. Digital order intake, which had fallen by 20% in Q3, fell by 24% in the last quarter and led to a further deterioration in the order book (-11% over 12 months). Over the year, the company lost nearly one customer every fifteen minutes!

Babi Kulasingham

SOLOCAL. Net Results 2018 Preview (-)

SOLOCAL. Net Results 2018 Preview (-)

1 director bought

A director at Solocal Group bought 666,000 shares at 0.470EUR and the significance rating of the trade was 82/100. 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 boar...

Carole Braudeau

Solocal Group : Playing the waiting game

Publication date 28/02/2019 17:31 - Writing date 28/02/2019 16:53 - - - - - - Equity data - Reco : No reco - Target : 2.50 EUR - Equity Analyst: - - - ESG Analyst: xxx - Corporate Governance: - - / - / - - - - - - - - - - - - - - - - - - - - - - - - - . In the wake of Solocal's earnings announcement, we are downgrading our recommendation from Neutral to Reduce to reflect a liquidity situation that is poised to be tighter in H2 2019 than originally forecast. - . The main downside risk on Solo...

Proxy Report - 09/03/2018

Après une période de grandes difficultés financières, Solocal est parvenu à redresser son niveau de dette via des levées de fonds importantes demandées à ses actionnaires. Cette assemblée générale est marquée par un renouvellement de son équipe dirigeante, et les actionnaires sont amenés à voter sur les rémunérations des anciens et des nouveaux mandataires sociaux dirigeants (résolution 3 à 13). La société a nommé comme nouveau Président du conseil Pierre Danon, et comme nouveau Directeur Général Eric Boustouller, ancien directeur Général de Microsoft France. La société désre mettre en place u...

Valérie GASTALDY

Analyse court terme - SOLOCAL GROUP : 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 0,4618 €, puis 0,3719 €. Le franchissement de 1,0600 € remettrait en cause la suite de la baisse.

Valérie GASTALDY

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

The background trend is clearly bearish. The movement goes on. The next target is at €0.4618, then €0.3719. Passing €1.0600 would question the continuation of the fall.

Valérie GASTALDY

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

La tendance de fond est clairement orientée à la baisse. Le rebond gagne en vigueur. Il est trop tôt pour parler de retournement haussier. La tendance de fond serait remise en cause en cas de franchissement de 1,208 €.

Louis AZAIS

Short term view - SOLOCAL GROUP : The movement goes on.

The trend is bearish. The movement goes on. The next target is at €0.963, then €0.934. Passing €1.208 would question the continuation of the fall.

Louis AZAIS

Analyse moyen terme - SOLOCAL GROUP : Le mouvement se poursuit.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 0,800 €, puis 0,372 €. Le franchissement de 1,300 € remettrait en cause la suite de la baisse.

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