{"id":6897,"date":"2016-09-23T15:02:01","date_gmt":"2016-09-23T13:02:01","guid":{"rendered":"http:\/\/www.electropowersystems.com\/?p=6897"},"modified":"2016-09-23T15:02:01","modified_gmt":"2016-09-23T13:02:01","slug":"eps-un-decollage-reussi-au-s1-2016","status":"publish","type":"post","link":"https:\/\/devplugin.interactionfarm.com\/?p=6897","title":{"rendered":"EPS: un d\u00e9collage r\u00e9ussi au S1 2016"},"content":{"rendered":"<p>Les chiffres du S1 montrent une tr\u00e8s forte croissance du CA (2,6m\u20ac), du pipeline et dutaux de conversion (10%) de ce dernier en backlog (8,6m\u20ac sur 2016). Ceci permet \u00e0 EPS d\u2019annoncer une guidance de CA 2016 comprise entre 6,1m\u20ac et 6,7m\u20ac. Cette croissance, coupl\u00e9e \u00e0 une am\u00e9lioration de la marge brute (42% au S1) refl\u00e8te la strat\u00e9gie du groupe initi\u00e9e en 2015. Si elle se traduit par une consommation de tr\u00e9sorerie plus forte que pr\u00e9vue sur 2016-18, notamment pour financer le BFR, elle permettra de g\u00e9n\u00e9rer des FCF >0 d\u00e8s 2019 (vs 2022 pr\u00e9c.). Nous r\u00e9it\u00e9rons notre recommandation d\u2019ACHAT avec un objectif de cours de 8\u20ac au regard de la concr\u00e9tisation de l\u2019acc\u00e9l\u00e9ration des ventes et d\u2019un parcours boursier (-29% sur un an) qui ne refl\u00e8te pas le potentiel de la soci\u00e9t\u00e9<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Les chiffres du S1 montrent une tr\u00e8s forte croissance du CA (2,6m\u20ac), du pipeline et dutaux de conversion (10%) de ce dernier en backlog (8,6m\u20ac sur 2016). Ceci permet \u00e0 EPS d\u2019annoncer une guidance de CA 2016 comprise entre 6,1m\u20ac et 6,7m\u20ac. Cette croissance, coupl\u00e9e \u00e0 une am\u00e9lioration de la marge brute (42% au S1)&hellip; <a class=\"more-link\" href=\"https:\/\/devplugin.interactionfarm.com\/?p=6897\">Continua a leggere <span class=\"screen-reader-text\">EPS: un d\u00e9collage r\u00e9ussi au S1 2016<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":6898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=\/wp\/v2\/posts\/6897"}],"collection":[{"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6897"}],"version-history":[{"count":0,"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=\/wp\/v2\/posts\/6897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=\/wp\/v2\/media\/6898"}],"wp:attachment":[{"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/devplugin.interactionfarm.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}