NHOA: Slow start into 2024

NHOA reported Q1 revenue of EUR58m (+57% YoY, -26% QoQ), a rather low quarter compared to FY24 revenue expectations (cons. at EUR430m), but with NHOA exposed to the overall pace of project deliveries in Energy Storage that can vary significantly quarter on quarter. Revenue mix did not improve this

Solid NOI beat vs consensus

Q1'24: Stronger op. profit due to trading income

Bet365 signing proving Evo's strength

Good volumes and stable yields but no upgrade

Vopak : Solid beat of consensus expectations and outlook uplift

>Proportional results up 8-9% y-o-y and c. 5% ahead of consensus - Proportional 24Q1 results:Proportional revenues € 477.9m = adjusted for divestments (€ 44m) a rise by 8% y-o-yProportional EBITDA € 297.8m (consensus € 278.6m) = adjusted 9% increase y-o-y and with proportional occupancy 93% whereby Europoort capacity has been taken out for the calculation as it is labelled for redevelopment.Proportional EBIT € 181.2m = adjusted for divestments (€ 21m) a...

BIC : Profitability close to expectations but major differences betwee...

>Q1 adjusted EBIT close to expectations: € 62.8m vs € 65.6me (css € 63.7m) - BIC’s Q1 results have come out broadly close to expectations: 1/ net sales grew by 5.9% at constant currencies to € 521.7m, bearing in mind that they would be flat if restated for Argentina. Excluding Argentina, our forecast was +0.8%. 2/ Adjusted EBIT came to € 62.8m, close to expectations (€ 65.6me; consensus € 63.7m), with the adjusted EBIT margin therefore contracting by 100bp to 12%. The...

Mccormick & Co Inc: 1 director

A director at Mccormick & Co Inc sold 1,726 shares at 74.069USD and the significance rating of the trade was 71/100. 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 clear...

XVIVO: delivering a solid Q1 2024 performance

XVIVO reported Q1 2024 results with a YoY organic growth of 32% (32% adj. for currency) in net sales raising to SEK 186m. The solid performance was driven by i) thoracic business reporting a 33% YoY growth, totalling SEK 121m sales, with disposables sales rising by 39% as of larger utilization in t

Rec. PTP beat on lower net financials

Melexis : Solid Q1 2024 results and Q2 2024 guidance, implying that th...

>Q1 2024 results in line with expectations on sales but above on profitability - This morning, Melexis reported its Q1 2024 results which were in line with expectations on sales but above on profitability. Revenues came in at € 241.8m, in line with consensus estimates at € 242.3m (vs the guidance range of € 240-245m). They were down 3% q-o-q and up 6% y-o-y. The euro-dollar exchange rate had no impact on sales compared to both the same quarter of last year and the pre...

Forsee Power : Results more negative than expected. The planned end to...

>Result more negative than expected - Yesterday evening, Forsee Power published full-year results that fell short of our expectations. For sales (already published) up 54% y-o-y to € 171m, largely driven by the heavy vehicles segment (85% of 2023 sales), adjusted EBITDA was -€ 6.8m (vs -€ 5.5m est.), albeit showing a y-o-y improvement with the increase in volumes, but also thanks to the stronger capitalisation of R&D costs vs the historical level. Underlying operatin...