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4-Traders Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  Huawei Culture Co Ltd    002502   CNE100000WQ5

HUAWEI CULTURE CO LTD (002502)
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Huawei Culture : France's Sodexo seals Huawei deal during Macron's trip to China

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01/09/2018 | 03:56pm CET
The logo of French food services and facilities management group Sodexo is seen at the company headquarters in Issy-les-Moulineaux near Paris

French services and catering group Sodexo (>> Sodexo) has signed a global partnership deal with Huawei (>> Huawei Culture Co Ltd), in the latest major Chinese contract for a French blue-chip company struck during President Emmanuel Macron's trip to China.

French services and catering group Sodexo (>> Sodexo) has signed a global partnership deal with Huawei (>> Huawei Culture Co Ltd), in the latest major Chinese contract for a French blue-chip company struck during President Emmanuel Macron's trip to China.

The companies said in a joint statement that Sodexo Chairwoman Sophie Bellon and Huawei Chairwoman Sun Yafang had signed a 5-year agreement, under which Sodexo becomes a preferred partner to provide integrated facilities management services to Huawei worldwide.

They added that Huawei has $400 million worth of upcoming integrated facilities management services projects.

The agreement was signed in the presence of French finance minister Bruno Le Maire and Chinese trade minister Zhong Shan.

(Reporting by Sudip Kar-Gupta; Editing by Dominique Vidalon)

Stocks treated in this article : Sodexo, Huawei Culture Co Ltd
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Latest news on HUAWEI CULTURE CO LTD
01/09 HUAWEI CULTURE : France's Sodexo seals Huawei deal during Macron's trip to China
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Financials ( CNY)
Sales 2017 955 M
EBIT 2017 318 M
Net income 2017 363 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 19,56
P/E ratio 2018 16,13
Capi. / Sales 2017 7,46x
Capi. / Sales 2018 6,19x
Capitalization 7 119 M
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 11,5  CNY
Spread / Average Target 38%
EPS Revisions
Managers
NameTitle
Xiang Bin Guo Vice Chairman & General Manager
Zhuo Cai Guo Chairman
Li Qiao Lin Chairman-Supervisory Board
Chu Jun Chen Chief Financial Officer, Director & Deputy GM
Sheng Ping Li Independent Director
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