Exor Press Release - Pricing Announcement

Exor Press Release - Pricing Announcement Amsterdam, 29 October 2025 EXOR ANNOUNCES THE PRICING OF €600 MILLION NOTES MATURING IN 2035 Exor N.V. (rated A– with a stable outlook by Standard & Poor’s) announces that it has priced €600 million notes due 5 November 2035 carrying a fixed annual coupon of 3.75%, with an issue price of 99.386%. The purpose of the issue is to raise new funds for Exor’s general corporate purposes, including refinancing of existing debt. The notes will be listed on the Luxembourg Stock Exchange, admitted to trading on the Euro MTF Market, and the settlement of th...

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 10/22/2025

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 22/10/2025

Arcadis Key take-aways analyst call

This morning Arcadis reported numbers (as written in our FRN) which were at P&L level roughly inline with our forecasts but below consensus. FCF was weak at €80m down from €134m in 4Q25 linked to timing of billing milestones and issues linked with the implementation of Oracle at the 2023 IBI acquisition. Before opening we downgraded to Hold (from Accumulate) as the stock rallied considerably since the announcement of a €175m SBB early October. On top we saw no room for outperformance on our numbers which are arguably somewhat below consensus. Worries on the FCF generation, order intake and con...

argenx FIRST LOOK: 3Q25 conference call takeaways

Key takeaways from argenx 3Q25 earnings call summarised in this note.

Materialise Additional listing on Euronext Brussels & SBB

Materialise announced its plans to pursue an additional listing of its ordinary shares on Euronext Brussels, to complement the existing Nasdaq listing. Materialise also launches a buyback program.