Triumph Financial Inc: 1 director

A director at Triumph Financial Inc sold 16,000 shares at 71.120USD and the significance rating of the trade was 68/100. 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...

INVEST SECURITIES - NEMETSCHEK : Trajectoire 2024-25 confortée après u...

INVEST SECURITIES - CAPGEMINI : Point bas atteint, des cieux plus favo...

Q1 first take: negative data point

Volkswagen (pref) : A tough start to the year, unlikely to improve sen...

>Q1 even tougher than expected but with no consequence for the year - Although VW had expected a tough Q1, earnings were nonetheless 7% below estimates (EBIT) with an operating margin of 6.1% (consensus at 6.5%) and negative FCF of close to € 3bn (vs consensus at -€ 921m). The causes were known, but had an even more negative impact than anticipated, mainly with the supply difficulties at Audi (operating margin for Progressive unit at just 3.4% vs consensus 7.7%) and, ...

Glanbia : Reprise des volumes au T1. La marge d’EBITDA de GPN attendue...

>Recul de 5.4% en organique au T1 moins fort que prévu grâce à une meilleure orientation des volumes - Glanbia a publié hier son interim trading statement sur 3 mois. L’évolution organique du CA T1 ressort meilleure que notre attente à -5.4% (vs -7.5%e). Elle s’appuie sur des volumes en hausse de 1.5% (vs +0.7%e) et un effet prix de -6.9%, principalement lié à l’évolution des cotations des produits laitiers et aux opérations de promotion pour GPN. La progression des ...

GALP : Q1 2024 results: strong beat to consensus with robust cashflow

>Q1 2024: 12% beat on EBITDA, 23% for EBIT and 28% for NI - GALP has just released its Q1 2024 results with EBITDA of € 974m, 12% above the consensus and 14% above our estimates. EBIT came in at € 776m (up 88.8% q-o-q), 23.4% above the consensus. Adjusted net income was € 337m (+18.7% q-o-q) and 28.6% above the consensus. Robust results supported by refining - Upstream: adjusted EBITDA was € 591m (vs € 599m in Q4), 9% above the consensus with lower ...

Q1: Solid gross margin, miss on EBITA

Good organic growth driven by robust porfolio revenues

Nordic banks – statistical update – Swedish bankruptcies April 2024

The total number of bankruptcies was up 65% y-o-y and up 16% m-o-m in April 2024. Corporate bankruptcies were up 81% y-o-y and up 16% m-o-m in April 2024.

ING Group : SBB/NII/Cost/Solvency all exact in line, only commission w...

>Conclusion: SBB/NII/Cost/Solvency all exact in line, only commission was better - Most of the reported items of the 1Q24 results were exactly in line with consensus/estimates being the SBB, the underlying net interest income (NII), the expenses, the solvency, and the future NII guidance. Only the commission income was better but this is a small part of their revenue stream. In total no change in our view on ING Group, Neutral.SBB exact in line - The ...

NRJ Group : Une tendance de début d’année positive en TV et en radio

>Tendance publicitaire positive sur le T1 - NRJ Group a publié mardi soir son CA T1 de 89,7 M€ en hausse de 5,8% légèrement supérieur à nos attentes de 88,4 M€ principalement grâce à une meilleure performance qu’attendu du pôle radio (+6,7% vs 5%e). Le CA TV sur le T1 ressort en hausse de 1,7% mais inférieur à nos attentes de +2,5% et à celle du consensus (+3,3%) à cause d’un effet négatif lié à la suspension d’un contrat de programme de téléachat. La tendance est pos...

Nemetschek SE : Nemetschek rolls out its strategy and has another good...

>Solid Q1 2024 lends credence to 2024 guidance - Nemetschek reported Q1 2024 results on Tuesday morning. Sales grew by 10.3% at cc to € 223.9m and the EBITDA margin came to 30.5%. These results allowed the group to confirm 2024 guidance for: i/ sales growth of 10-11% at cc; ii/ EBITDA margin of 30-31%; and iii/ a share of recurring revenues of around 85%. In the conference call, management made several comments about the trajectory of results in 2024. The increase i...

Crossject : Une levée de fonds pour préparer l’approbation de Zepizure...

>Augmentation de capital de 8 M€ avec une décote de 10% - Crossject annonçait mardi soir le lancement d’une augmentation de capital pour un montant de 8 M€. Cette opération est sécurisée par l’intermédiaire de son actionnaire historique Gemme Venture. En effet, ces derniers s’engagent à souscrire à minima pour 1,96 M€ (24,5% de l’AK) et garantissent un montant total de 6 M€ c’est-à-dire 75% de la levée.Le prix de souscription est de 1,848 € ce qui correspond à un...

GALP : Résultats T1 supérieurs aux attentes, outlook rassurant. Recomm...

>Upstream : un profil de croissance solide renforcé par les découvertes en Namibie - L’EBITDA T1 2024 ajusté de l’Upstream est ressorti à 591 M€ et 9% au-dessus des attentes. Le groupe guide sur un EBITDA 2024 de la division à 2.1 Md€ qui nous parait assez conservateur et une production >115 kbep/j en ligne avec nos attentes. Cette production devrait croitre de de plus de 30% (+40 kbep/j) avec le démarrage de Bacalhau au Brésil fin 2025 qui devrait atteindre son pl...