Spie: Oddo still a buyer

(CercleFinance.com) - During a conference, Spie's management reviewed its 2022 results and its outlook for 2023.


Oddo noted strong organic growth of 6.9% for FY 2022, with a 10.2% increase in Q4.

This trend shows an acceleration of the momentum sequentially (Q1 +3.3%; Q2 +4.9%; Q3 +8.5%; Q4 +10.2%), the analyst said.

Given its relatively low debt, the group will continue to seize external growth opportunities.

Oddo confirms its Outperform rating on the stock, along with its target price of E32.


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