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ABGSC Telecom Operators Research ... (+3)
  • ABGSC Telecom Operators Research
  • Daniel Thorsson
  • Simon Granath

Continues to impress on costs

Earlier-than-expected cost synergies led to 4% EBITA beat. We lift '24e-'26e EBITA by 3-4% on lower opex. 11x '24e EV/EBITA, we estimate 17% EBITA growth in '24.

ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Njål Kleiven
  • Øystein Elton Lodgaard

Operational trough likely behind us

Q1: Growth better, weaker profitability. '24e org. growth estimates up ~5pp. '24e EV/EBITDA of 8x, '25e P/E 11x – BUY.

 PRESS RELEASE

Baltic Horizon Fondi osakuomanike üldkoosolek: teade investoritele

Baltic Horizon Fondi osakuomanike üldkoosolek: teade investoritele Northern Horizon Capital AS kutsub Baltic Horizon Fondi osakuomanikke ja Rootsi hoidmistunnistuse (edaspidi „SDR“) omanikke (edaspidi koos „investorid“) korralisele üldkoosolekule, mis toimub 3. juunil 2024.a algusega kell 14:00 (kohaliku Eesti aja järgi). Koosolek toimub Northern Horizon Capital AS kontoris asukohaga Hobujaama 5, 5. korrus, 10151 Tallinn, Eesti. Koosolekule registreerimine algab kell 13:00. Üldkoosolek toimub inglise keeles. Üldkoosolek kutsutakse kokku juhindudes Baltic Horizon Fondi reeglite punktidest...

 PRESS RELEASE

Baltic Horizon Fund General Meeting – notice to investors

Baltic Horizon Fund General Meeting – notice to investors Northern Horizon Capital AS invites Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) to attend an annual General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund on 3 June 2024 at 14:00 (local Estonian time) at the office of Northern Horizon Capital AS at Hobujaama 5, 5th floor, 10151 Tallinn, Estonia. Registration for the meeting will begin at 13:00. The General Meeting will be held in English. The meeting is convened in acco...

 PRESS RELEASE

AKVA group ASA: Status buyback of own shares

AKVA group ASA: Status buyback of own shares As announced on 22 March 2024 AKVA group ASA ("AKVA group" or the "Company") has initiated repurchase of up to 200,000 of the company's own shares to be used in its share programme for employees. From 7 May through 13 May the company bought 10 596 shares at an weighted average price of NOK 65,6000. See the attached documents for detailed information about the transactions made. The company has bought a total of 68 492 shares at an weighted average price of NOK 67,9052 since 22 March. After these transactions, the company owns 227 208 ...

Cedric Rossi ... (+5)
  • Cedric Rossi
  • Clement Genelot
  • Loic Morvan
  • Paul Rouviere
  • Philippine Adam

On the shelves now: Consumer weekly #28

In this Consumer Weekly newsletter, we provide a brief overview of the key factors affecting our Consumer coverage, from Luxury & Consumer goods to Retail & E-commerce and Food & Ingredients. This week, we comment about the positive stock market trend in spite of constant delays in Fed

 PRESS RELEASE

Ensurge Micropower ASA: Contemplated Private Placement

Ensurge Micropower ASA: Contemplated Private Placement NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.  Ensurge Micropower ASA ("Ensurge" or the "Company") has engaged Skandinaviska Enskilda Banken AB (publ) (the “Manager”) to advise on and effect a contemplated private placement of up to  54,775,54...

 PRESS RELEASE

Netcompany - Transactions in connection with share buyback programme

Netcompany - Transactions in connection with share buyback programme Company announcement No. 21/2024                                                  13 May 2024 Transactions in connection with share buyback programmeOn 3 May 2024, Netcompany Group A/S (“Netcompany”) announced that a share buyback programme of up to DKK 250m and a maximum of 1,300,000 shares had been initiated with the purpose of meeting the future commitments under its LTIP programmes (RSU). The share buyback programme is executed in accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16 April 201...

 PRESS RELEASE

Else Announces Closing of US$1 Million Private Placement

Else Announces Closing of US$1 Million Private Placement Not for distribution in the U.S. or to U.S. Newswire Services VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) -- ELSE NUTRITION HOLDINGS INC. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL) (the “Company”) is pleased to announce that it has closed a second tranche of a private placement pursuant to the convertible security funding agreement with Lind Global Fund II, LP, an entity managed by The Lind Partners, LLC, a New York-based institutional fund manager, for net proceeds of US$1,000,000 after deduction of the original issue di...

ABGSC IT Research ... (+3)
  • ABGSC IT Research
  • Oscar Rönnkvist
  • Simon Jönsson

Neg. growth trend, but solid profitability and CF

Sales -4% vs. ABGSCe but adj. EBIT +1% in Q1. We cut sales by 5% and adj. EBIT by 12-17% on '24e-'26e. Trades at 9x P/E, 7-6x EBIT and 14-12% FCFy '24e-'26e.

Moody's Ratings assigns provisional ratings to Mercedes-Benz Auto Leas...

Moody's Ratings (Moody's) has assigned provisional ratings to the notes to be issued by Mercedes-Benz Auto Lease Trust 2024-A (MBALT 2024-A). This is the first auto lease transaction of the year for Mercedes-Benz Financial Services USA LLC (MBFS, unrated). MBFS is a wholly owned subsidiary of Merced...

 PRESS RELEASE

Provident Financial Services, Inc. Announces Completion of Subordinate...

Provident Financial Services, Inc. Announces Completion of Subordinated Notes Offering and Expected Merger Closing Date for the Lakeland Bancorp, Inc. Merger ISELIN, N.J., May 13, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the completion of its offering and sale of $225 million of its 9.00% fixed-to-floating rate subordinated notes due 2034 (the “Notes”) in a registered public offering (the “Offering”). The Notes were sold at par, resulting in net proceeds, after discounts and...

 PRESS RELEASE

TMC Subsidiary Submits Its Largest Deep-Sea Environmental Data Set Yet...

TMC Subsidiary Submits Its Largest Deep-Sea Environmental Data Set Yet to International Seabed Authority TMC's subsidiary, NORI, has submitted comprehensive data to the International Seabed Authority, detailing findings from environmental baseline campaigns from the NORI-D exploration area up to January 2022.The data encompasses 32,617 benthic and 42,036 pelagic biological occurrences, over 12,000 seafloor images, and extensive time-series data from three years of monitoring via oceanographic moorings.NORI’s latest submission is part of a broader dataset of hundreds of terabytes of data col...

Santander Bank Polska S. A: 1 director

A director at Santander Bank Polska S. A sold 360 shares at 550.000PLN 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 year...

Avenue Supermarts Ltd: 1 director

A director at Avenue Supermarts Ltd sold 20,000 shares at 4,773.573INR and the significance rating of the trade was 77/100. 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 year...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of DSB and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 6 May 2024 in which Moody's reassessed the appropriateness of the ratings in the context of the relevan...

 PRESS RELEASE

Transactions in Connection with Share Buy-back Program

Transactions in Connection with Share Buy-back Program Company Announcement COPENHAGEN, Denmark; May 13, 2024 – Genmab A/S (Nasdaq: GMAB). On March 15, 2024, Genmab announced the initiation of a share buy-back program to repurchase up to DKK 3.5 billion worth of shares.The share buy-back program is expected to be completed no later than December 16, 2024. The following transactions were executed under the program from May 6, 2024 to May 10, 2024:  Trading PlatformNo. of sharesAverage price (DKK)Total value (DKK)Accumulated through last announcement 689,510 1,393,154,997.08May 6, 2...

Mercedes-Benz Auto Lease Trust 2024-A: Pre-Sale - Mercedes-Benz issues...

Mercedes-Benz Auto Lease Trust 2024-A: Pre-Sale - Mercedes issues its first auto lease receivables transaction of 2023

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