INVEST SECURITIES - OSE IMMUNO : Upfront de 48m$ confirmé, Ph III Tedo...

Edenred: re-accelerating in Q1 2024

Edenred has reported robust sales numbers with operating revenue re-accelerating to +16.9%, well ahead of market expectations at 14.2%. Resilient demand and the largely under-penetrated market addressed by the firm hint at a continuation in the growth trends observed today, and add weight to our or

Schindler Holding Ltd : Un début d’année légèrement supérieur aux atte...

>T1 2024 : croissance du CA à cc de 1.1%, marge d’EBIT +80 pb - Schindler a publié ce matin des résultats T1 5% au-dessus des attentes :Les commandes à changes constants sont en hausse de 2.5% au T1 (Css à 1.8% et ODDO BHF à +4.0%). Schindler indique qu’au T1, les commandes des nouveaux équipements étaient en hausse de 0/5% en volumes, dont 5/10% en Chine, mais en revanche, en valeur, les commandes étaient en recul de -5/0% (au global comme en Chine). Le déploiem...

Schindler Holding Ltd : Slightly better-than-expected start to the yea...

>Q1 2024: revenue growth at cc of 1.1%, EBIT margin +80bp - This morning, Schindler reported Q1 2024 results, 5% above expectations:Orders at constant currency (cc) were up 2.5% in Q1 (consensus at 1.8% and ODDO BHF at +4.0%). Schindler indicated that in Q1, orders for new equipment were up 0-5% in volumes, including 5-10% in China, but on the other hand in value terms, orders were down -5-0% (overall as well as in China). The rollout of the new modular platform ...

Verimatrix : T1 24 en ligne. La transformation apparait de plus en plu...

>CA T1 2024 en ligne avec nos attentes à 14 M$, quasi-stable y/y (+1%) - Au T1, le CA de Verimatrix est ressorti à 14 M$, quasi-stable à +1% y-o-y, en ligne avec nos attentes (ODDO BHF 14.1 M$). Ce niveau d’activité reflète toujours des tendances contrastées avec un mix positif entre revenus récurrents (qui affichent une croissance meilleure qu’attendue) et revenus non récurrents (un peu plus faible qu’anticipé). Dans le détail, les revenus récurrents (60% des ventes)...

DANONE: VENTAS 1T’24 (ANÁLISIS BANCO SABADELL)

Rdos. 1T'24 vs 1T'23: Ventas: 6.789 M euros (-2,5% vs -3,8% consenso). V

Planisware to start trading on 18th April with a EUR1.1bn valuation

On Tuesday, Planisware (not covered), a French B2B software publisher, announced it would float its shares on the Paris stock exchange on 18th April at a valuation of EUR1.1bn. As a reminder, the listing comes after the IPO project was called off in October 2023 due to unfavourable market condition

Digitize for Investment And Technology: 1 director

A director at Digitize for Investment And Technology sold 2,093,353 shares at 0.000EGP and the significance rating of the trade was 66/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over t...

Misr Hotels (Hilton): 1 director

A director at Misr Hotels (Hilton) bought 12,396 shares at 0.000EGP and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...

Heads-up for report 23 April

ABGSC Shipping Daily 18 April

Tankers and LPG down, dry bulk up. Shipping peer group trades at P/NAV 0.81x. Seaborne crude export up 2% m-o-m in March, 3% higher y-o-y. Container idling declining again, now at only 0.7% of the fleet.

Nokia : Slightly better results, improving orders

>Q1 2024 results above expectations thanks to Nokia technologies and a better mix in Mobile, improving orders in Networks - Revenues totalled € 4.67bn, down 19% y-o-y at cc below the consensus at € 4.96m. Non-IFRS gross margin was 48.6%, above the consensus at 43.7% thanks to a strong contribution from Nokia Technologies which benefited from significant catch-up net sales in addition to a significant improvements in Mobile Networks partly due to the regional and produ...

NSI NV : Q1 2024 trading update: Lower than our estimates, outlook rei...

>Figures stood lower than our estimates, outlook reiterated - This morning, NSI reported its Q1 2024 trading update reporting lower than our estimates. net rental income and EPRA earnings lower than our estimates and YoY due to higher operating costs, taxes and interest expenses. On today’s trading update, we highlight the following:Remains best-in class balance sheet with a reported LTV of 30.9% in Q1 and no debt maturities until 2026. Resilient gross renta...