ODDO BHF Small & MIDCAP MORNING NEWS - 10/23/2024

28 October could mark a crucial step forward in the resolution of the asbestos litigation. The hearing set on this date at the Delaware court could lead to the launch of the plaintiffs’ vote on the reorganisation plan (agreement if 75% of plaintiffs vote in favour of the plan). We think that this vote is highly likely to materialise, notably with the integration of J&J into the plan (hearing of 8 October). The intrinsic valuation of the group’s assets (TQC, the Beauvoir/Saint-Austell ...

ODDO BHF Small & MIDCAP MORNING NEWS - 23/10/2024

Le 28 octobre prochain pourrait marquer une avancée cruciale dans la résolution des litiges amiante. L’audience prévue pour cette date dans l’agenda du tribunal du Delaware pourrait conduire au lancement du vote des plaignants sur le plan de réorganisation (accord si 75% des plaignants votent le plan). Nous pensons que ce vote a de grandes chances d’aboutir avec l’intégration de J&J dans le plan (décision du 8 octobre dernier). La valorisation intrinsèque des actifs du groupe reviendr...

ID Logistics : Q3 sales beat our forecasts. Momentum still excellent

>Q3 sales of € 827m (vs € 775m est) up 19.6% (vs +12%e) - ID Logistics published yesterday Q3 sales of € 827m up 19.6% (20.1% l-f-l), above our expectation of € 775m est. (+12%e). Over 9 months, sales amounted to € 2,346m, up 19% (+16.3% l-f-l).Robust growth of international activities - start of a rebound in France - After an H1 up 18.7% (+14.3% l-f-l), Q3 marks an acceleration in the trend with very strong organic growth of 20%: The internation...

Oddo’s 2 Weeks Ahead_Friday 03 January 2025

High Committee for Corporate Governance report: usual themes of sustainability governance, with AI governance as a new development

ODDO BHF Small & MIDCAP MORNING NEWS – 01/03/2025