Econocom Group SE (ECONB.BR)
Econocom Group SE operates in the Information Technology Services industry of the Technology sector, headquartered in Brussels, BU, BE. The stock last traded at $1.49, up 1.71% on the session, giving a market capitalisation of $242.5M. Its beta of 0.77 implies it has historically moved less than the broad market.
Econocom Group SE, established in Puteaux, France, in 1982, specializes in empowering major corporations and public sector entities to achieve their digital transformation objectives. The company accomplishes this by conceptualizing strategies, providing financial backing, and facilitating the implementation of digital solutions. Its operations are structured into two primary divisions. Firstly, the Technology Management and Financing segment delivers financial services tailored for the administrative and fiscal oversight of clients' information and communication technology (ICT) and digital assets. Secondly, the Digital Services and Solutions segment offers a comprehensive suite of services, including expert consulting, managing IT infrastructure, developing bespoke applications, integrating digital platforms and systems, and crafting and deploying innovative digital solutions. This segment also distributes a variety of hardware, such as personal computers, tablets, servers, and printers, alongside software licenses and other digital devices. Econocom serves a diverse clientele across sectors including healthcare, retail, education, and manufacturing. Operating under the Econocom brand, the company maintains a global footprint in 18 countries, spanning key regions in Europe, North America (Canada, Mexico, and the United States), South America (Brazil), and North Africa (Morocco).
Econocom Group SE is most often compared with the following Technology names: