ACTIA Group, a family-owned and international mid-market company that designs and produces electronics to control systems in the demanding fields of the automotive, rail, aeronautics, space, defence, power and telecommunications industries, announces the initiation of coverage of the ACTIA share (Euronext Compartment C, FR0000076655 – ATI) by TP ICAP Midcap, a brokerage house and merchant bank specialising in small- and mid-caps.
In its initiation study entitled “A ‘systems’ offer for greater value”, published on 7 October 2022, TP ICAP Midcap issues a “Buy” recommendation with a target price of €6.40 per share*.
Following on from this publication, ACTIA Group is inviting professional investors to take part in a site visit on 20 October 2022. The visit will include a presentation by the company’s executives of the different activities and the cutting-edge industrial tool known as “Vitrine Industrie du Futur” (or “showcase on the industry of the future”).
The research contract entered into with TP ICAP reflects ACTIA Group’s wish to strengthen its stock exchange visibility and diversify its coverage by analysts. This research note comes on top of coverage of the ACTIA share by Portzamparc (opinion: enhanced, target price: €4.62 per share*).
*This information constitutes neither an offer of sale or subscription, nor a solicitation for a purchase order or subscription to securities in France, Europe, the United States or in any other country. The provision of a financial analysis production and dissemination service has been agreed between ACTIA Group and TP ICAP Midcap.
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ABOUT ACTIA
ACTIA Group is a mid-market company (ETI) founded in 1986. It is family-owned and international and its head office is located in France. The family aspect guarantees the long-term future of the Group and its independence with an ever-present entrepreneurial spirit. ACTIA’s business is to design and produce electronics to control systems in the particularly demanding fields of the automotive, rail, aeronautics, space, defence, power and telecommunications industries.
The commitments made by ACTIA are reflected in the Group’s ambitious contributions to addressing societal issues: mobility, connectivity, safety and the environment. Control over the design and production of products bearing the ACTIA signature is a true guarantee of quality. Without exception, all Group employees share this belief in quality in a fully certified environment.
KEY FIGURES
- 2021 turnover: €462.8 million.
- Over 3,500 employees around the world including more than 1,200 engineers and technicians working in R&D.
- Present in 16 countries.
- 14 to 18% of revenue reinvested every year in R&D.
STOCK EXCHANGES
- Euronext C
- ISIN FR0000076655 – Mnemonic: ATI Reuters: MRSP.PA – Bloomberg: AIELF: FP
- Indices: CAC ALL SHARES – CAC ALL-TRADABLE – CAC INDUSTRIALS – CAC MID&SMALL – CAC SMALL – EN TECH CROISSANCE – GAÏA INDEX
CONTACTS
ACTIA – Catherine Mallet – Tel: +33 (0)561 176198 – contact.investisseurs@actia.fr
CALYPTUS – Marie Calleux – Tel: =33(0)153 656868 – actia@calyptus.net
UPCOMING DATES
Q3 2022 turnover: Tuesday 15 November 2022 (7 am)