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Louis Boujard ... (+4)
  • Louis Boujard
  • CFA
  • Marc Lavaud
  • Philippe Ourpatian

Iberdrola : A robust growth trajectory out to 2031. Outperform vs Neut...

The outlines of the 2026-2031 plan, which aims to increase investment in regulated activities, particularly in the US and the UK, bolster the group's growth and resilience profile in a volatile and politically sensitive sector environment. Factoring in the first elements of the plan, unveiled at end-July , prompts us to raise our target price to € 18.7 from € 16.5, representing upside of 20.3%. As such, given the group's track record on beating its strategic trajectory, we have upgraded our reco...

Louis Boujard ... (+4)
  • Louis Boujard
  • CFA
  • Marc Lavaud
  • Philippe Ourpatian

Iberdrola : Une trajectoire de croissance balisée jusqu’en 2031. Surpe...

Les contours du plan 2026/2031, visant une augmentation des investissements dans les activités régulées notamment aux USA et au Royaume-Uni, confortent le profil de croissance et de résilience du groupe dans un environnement sectoriel volatil et politiquement sensible. L’intégration des premiers éléments du plan, dévoilés fin juillet, nous amène à rehausser notre OC à 18.7 € vs 16.5 €, soit un potentiel de 20.3%. Ainsi et compte tenu de la capacité historique du groupe à battre sa trajectoire st...

Emira Sagaama ... (+3)
  • Emira Sagaama
  • Hela Zarrouk
  • Oliver Metzger
Konrad Zomer
  • Konrad Zomer
Emira Sagaama ... (+3)
  • Emira Sagaama
  • Hela Zarrouk
  • Oliver Metzger
Konrad Zomer
  • Konrad Zomer
 PRESS RELEASE

Nokia, Datwyler IT Infra, Intel, and SIPBB launch private 5G and AI-po...

Nokia, Datwyler IT Infra, Intel, and SIPBB launch private 5G and AI-powered edge innovation hub in Switzerland Press Release Nokia, Datwyler IT Infra, Intel, and SIPBB launch private 5G and AI-powered edge innovation hub in Switzerland Industrial testbed at the Switzerland Innovation Park Biel/Bienne enables startups and nonprofits to trial real-time AI and private 5G solutions without incurring infrastructure costs.New hub will drive innovation in energy, mobility, health, and manufacturing through predictive analytics, Gen AI assistants, and secure edge connectivity. 17 September 2025 ...

 PRESS RELEASE

Nokia announces changes to its leadership team and the creation of Tec...

Nokia announces changes to its leadership team and the creation of Technology and AI and Corporate Development Organizations  Nokia CorporationStock Exchange Release17 September 2025 at 13:00 EESTNokia announces changes to its leadership team and the creation of Technology and AI and Corporate Development Organizations    Nokia announces the creation of two new teams, a Technology and AI Organization (TAO) and a Corporate Development Organization (CDO) to strengthen the company’s capabilities in technology innovation, bring better support to business development and create more focused org...

 PRESS RELEASE

Nokia ilmoittaa muutoksista johtoryhmän kokoonpanossa sekä muodostaa u...

Nokia ilmoittaa muutoksista johtoryhmän kokoonpanossa sekä muodostaa uudet Teknologia ja tekoäly sekä Strategia ja kehitys -organisaatiot Nokia OyjPörssitiedote17.9.2025 klo 13.00Nokia ilmoittaa muutoksista johtoryhmän kokoonpanossa sekä muodostaa uudet Teknologia ja tekoäly sekä Strategia ja kehitys -organisaatiot    Nokia julkistaa kaksi uutta organisaatiota, jotka ovat Teknologia ja tekoäly sekä Strategia ja kehitys. Muutokset ovat osa yhtiön tavoitetta vahvistaa teknologiainnovaatioita, tukea liiketoiminnan kehitystä ja mahdollistaa parempi fokus teknologiaan, strategiaan ja yhtiön keh...

 PRESS RELEASE

InterLAN supercharges network across Europe with Nokia’s advanced IP r...

InterLAN supercharges network across Europe with Nokia’s advanced IP routing solutions Press Release InterLAN supercharges network across Europe with Nokia’s advanced IP routing solutions By deploying Nokia’s IP routing equipment, InterLAN can now provide high-speed access, increased scalability, and enhanced reliability to its members. InterLAN’s upgraded network infrastructure ensures seamless interconnection between its points of presence across Romania, Bulgaria, and Germany.Nokia’s robust Service Router Operating System (SR OS) future-proofs InterLAN’s network, ensuring long-term re...

 PRESS RELEASE

Changes in Nokia Corporation's own shares

Changes in Nokia Corporation's own shares Nokia CorporationStock Exchange Release15 September 2025 at 15:30 EESTChanges in Nokia Corporation's own sharesEspoo, Finland – A total of 84 979 Nokia shares (NOKIA) held by the company were transferred today without consideration to participants of Nokia's equity-based incentive plans in accordance with the rules of the plans. The transfer is based on the resolution of the Board of Directors to issue shares held by the company to settle its commitments to participants of the incentive plans as announced on 22 November 2024.The number of own shares...

 PRESS RELEASE

Muutokset Nokia Oyj:n omien osakkeiden omistuksessa

Muutokset Nokia Oyj:n omien osakkeiden omistuksessa Nokia OyjPörssitiedote15.9.2025 klo 15.30Muutokset Nokia Oyj:n omien osakkeiden omistuksessaEspoo – Nokia on tänään luovuttanut 84 979 yhtiön hallussa ollutta Nokian osaketta (NOKIA) vastikkeetta suorituksena Nokian osakepohjaisiin kannustinohjelmiin osallistuneille henkilöille ohjelmien ehtojen mukaisesti. Osakkeiden luovutus perustuu 22.11.2024 julkistettuun hallituksen päätökseen yhtiön hallussa olevien osakkeiden antamisesta kannustinohjelmien mukaisten sitoumusten täyttämiseksi.Nokia Oyj:n hallussa olevien omien osakkeiden lukumäärä l...

Daimler Truck : Sustainability Weekly 8 - 12 September 2025

Last week, we published a report in which we propose ideas on the theme of sustainable sovereignty. Technip Energies signed an agreement to acquire the Advanced Materials & Catalysts business of Ecovyst Inc, a global leader in specialty catalysts and advanced materials. The IEA is expected to reintroduce its slow transition scenario, ‘Current Policies’, in its next World Energy Outlook, probably under pressure from the Trump administration. German Chancellor Merz has hinted at a slowdown in the ...

 PRESS RELEASE

Nokia deploys world’s first 1900 MHz 5G radio network on Deutsche Bahn...

Nokia deploys world’s first 1900 MHz 5G radio network on Deutsche Bahn test track supporting FRMCS Press Release Nokia deploys world’s first 1900 MHz 5G radio network on Deutsche Bahn test track supporting FRMCS Nokia’s commercial 5G solution fully meets railways’ mission-critical needs and the forthcoming FRMCS specifications.Solution accelerates the digitalization of rail operations, increases capacity and enhances passenger experience.Ensures railways remain interoperable, efficient and future-ready. 15 September 2025 Espoo, Finland – Nokia and Deutsche Bahn (DB), Germany’s national ...

Daimler Truck : Sustainability Weekly 8 – 12 septembre 2025

La semaine passée, nous avons publié une étude où nous proposons des idées pour la thématique de la souveraineté durable. Technip a signé un accord en vue d'acquérir l'activité Advanced Materials & Catalysts d'Ecovyst Inc, leader mondial des catalyseurs spéciaux et des matériaux avancés. L'AIE devrait réintroduire son scénario de transition lente « Current Policies » dans son prochain World Energy Outlook, probablement sous la pression de l'administration Trump. Le chancelier allemand Merz a lai...

Pierre FerraguÊ
  • Pierre FerraguÊ

The Tech Infrastructure Quarterly Bible 2Q25

We publish today our comprehensive quarterly bible: 229 pages of detailed analyses on what happened in the last 3 months, and how we interpret it, in light of our current convictions. The first section acts as a PM summary, outlining our key findings, and latest thoughts on the semi cycle, in 6 slides. Please follow the link below for more details.

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