WDP has been selected to enter the AEX as it is set to expand from 25 to 30 constituents starting on 22nd September. We published on the highly likelihood of its inclusion on 26/8. This marks a significant change since its last expansion in 1994. The other 4 names that rank highest : CVC, JDE Peet, Inpost and and Just Eat. The latter is under offer from Prosus. Also JDE Peet is now under offer. About 1.5bn is invested in AEX-ETF's. The impact is estimated to 1-2 day volume for new entrants, but ...
In this September update we added 2 stocks to the KBC Securities Dynamic Top Pick List : We added AB InBev after the share price weakened post-2Q results. ABI's 2Q volumes fell 1.9% organically, below expectations, mainly due to a 9% drop in Brazil where a price hike led to temporary market share loss. However, strong revenue per hl growth (+4.9%) drove a 6.5% organic EBITDA increase, with 1H growth at +7.2%, near the top of FY guidance (+4–8%). AB InBev, the world's largest brewer, generates ...
The AEX is set to expand from 25 to 30 constituents starting on 23rd September, announcement on 9th September after close. This marks a significant change since its last expansion in 1994. The new rule book was published on 22/08/25 and leaves some room for interpretation for companies that have another primary listing (WDP). We believe that WDP meets the requirement for “reference market”. The expansion will be based on Free Float Market Capitalization, with a buffer zone to manage transitions....
Yesterday, Tony De Pauw of the founding family passed away unexpectedly at home. In June 1999, at WDP's IPO, Tony took over the helm from his father Jos De Pauw, founder of WDP. Together with WDP management, he built WDP into a leading European family-rooted logistics platform. Tony stepped down from his role as co-CEO in 2024, a position he had shared with Joost Uwents since 2010. During this time, he remained active as a Board member. On 30/6, the family shareholding declined below 20.0% to 19...
Belgian Telecoms: Orange Belgium and Proximus MoU on Fiber deployment and increased access to gigabit networks in Wallonia. Cofinimmo: Bottom line outperforming outlook. Elia: Solid start to the year, but with some help from accounting. Heijmans: Another leg up! Proximus: Better Domestic cannot hide Proximus Global double accident, MoU an incremental negative. Signify: 2Q25 Results, better growth, lower margins. WDP: No surprises, 2025 and 2027 targets reiterated. Events Calendar
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