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 PRESS RELEASE

Disclosure of notification received from FMR LLC

Disclosure of notification received from FMR LLC Regulated information Nazareth (Belgium)/Rotterdam (The Netherlands), 26 November 2024 – 6.45 PM CET Disclosure of notification received from FMR LLC Pursuant to the Belgian law of 2 May 2007 regarding the disclosure of major shareholdings in listed companies, Fagron received a notification from FMR LLC. Notification by FMR LLC On 21 November 2024, Fagron received a notification that the shareholding of Fidelity Management & Research Company LLC, a controlled undertaking of FMR LLC, crossed the disclosure threshold of 3% upwards on 18 Nov...

 PRESS RELEASE

Openbaarmaking van kennisgeving ontvangen van FMR LLC

Openbaarmaking van kennisgeving ontvangen van FMR LLC Gereglementeerde informatie Nazareth (België)/Rotterdam (Nederland), 26 november 2024 – 18u45 CET Openbaarmaking van kennisgeving ontvangen van FMR LLC Fagron heeft een kennisgeving ontvangen op grond van de Belgische Wet van 2 mei 2007 op de openbaarmaking van belangrijke deelnemingen in beursgenoteerde vennootschappen van FMR LLC. Kennisgeving van FMR LLC Op 21 november 2024 heeft Fagron een kennisgeving ontvangen dat het aandeelhouderschap van Fidelity Management & Research Company LLC, een onderneming onder controle van FMR LLC,...

Guy Sips ... (+11)
  • Guy Sips
  • Jacob Mekhael
  • Kristof Samoy
  • Lynn Hautekeete
  • Michiel Declercq
  • Sharad Kumar S.P
  • Thibault Leneeuw
  • Thomas Couvreur
  • Thomas Vranken
  • Wim Hoste
  • Wim Lewi

Dynamic Top Pick List Update November 2024 – Adding Azelis – Removing ...

With 2 changes in our Dynamic Top Pick list (we add Azelis and we remove Solvay) we maintain a defensive stance on the market for 2H24. The long anticipated interest rate cuts by central banks have finally started. The Trump election victory in the US does not bode well for European stocks as he favours a protectionist course. Although industrial companies with a US base could actually benefit. Cleantech names with exposure to the US could also suffer (unless owned by E.Musk). We expect the US ...

 PRESS RELEASE

EQS-News: ABOUT YOU Holding SE: ABOUT YOU Announces Strategic Vision a...

EQS-News: ABOUT YOU Holding SE / Key word(s): Capital Markets Day ABOUT YOU Holding SE: ABOUT YOU Announces Strategic Vision and Financial Outlook for SCAYLE - Double-Digit Top- and Bottom-Line Growth in B2B Enterprise Commerce 07.11.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. PRESS RELEASE ABOUT YOU ANNOUNCES STRATEGIC VISION AND FINANCIAL OUTLOOK FOR SCAYLE DOUBLE-DIGIT TOP- AND BOTTOM-LINE GROWTH IN B2B ENTERPRISE COMMERCE Hamburg | November 7, 2024 – ABOUT YOU Holding SE is set to host a virtual Capital Markets Event...

 PRESS RELEASE

EQS-News: ABOUT YOU Holding SE: ABOUT YOU stellt strategische Vision u...

EQS-News: ABOUT YOU Holding SE / Schlagwort(e): Kapitalmarkttag ABOUT YOU Holding SE: ABOUT YOU stellt strategische Vision und finanziellen Ausblick für SCAYLE vor - Zweistelliges Wachstum beim Umsatz und bereinigten EBITDA im B2B Enterprise Commerce 07.11.2024 / 07:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. PRESSEMITTEILUNG ABOUT YOU STELLT STRATEGISCHE VISION UND FINANZIELLEN AUSBLICK FÜR SCAYLE VOR ZWEISTELLIGES WACHSTUM BEIM UMSATZ UND BEREINIGTEN EBITDA IM B2B ENTERPRISE COMMERCE Hamburg | 7. November 2024 – Die ABOUT ...

Carole Braudeau
  • Carole Braudeau

Credit Morning 11/06/2024

Digi launches very aggressive offers in Portugal ELO/Auchan: Announcement of the plan to return to growth in France and of the redundancy plan>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 06/11/2024

ELO/Auchan : annonce du plan de relance en France et du plan social Digi lance des offres très agressives au Portugal>...

Carole Braudeau
  • Carole Braudeau

Credit Morning 10/31/2024

Ubisoft: weak H1 2024-25 results, FY targets confirmed, the company reiterates that it is reviewing all its strategic optionsWorldline: Q3 2024 sales a touch below forecasts, disposal of non-core assets are being considered>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 31/10/2024

Ubisoft : faibles résultats au S1 2024/25, guidance annuelle confirmée, la société réitère qu’elle examine toutes ses options stratégiquesWorldline : CA au T3 2024 légèrement inférieur aux attentes, cessions d’actifs envisagées>...

Chaima Ferrandon ... (+2)
  • Chaima Ferrandon
  • Sven Edelfelt

Imerys : Countdown to the end of asbestos litigation finally begins

>Q3 EBITDA 6% higher than we expected - Imerys reported Q3 2024 EBITDA of € 148m (-13.9%) vs ODDO BHF estimate: € 140m (a 6% beat). TQC’s contribution came to € 5m in Q3, whereas we had expected zero. Q3 EBITDA was affected by the deconsolidation of paper (-€ 17m), a lower contribution from quartz (-€ 17m), and an increase in fixed costs (€ 21m) which were not offset by price effects (€ 4m), volumes (€ 15m) or the decrease in variable costs (€ 20m). The Q3 EBITDA marg...

Chaima Ferrandon ... (+2)
  • Chaima Ferrandon
  • Sven Edelfelt

Imerys : Le compte à rebours de l’épilogue du litige amiante (enfin) l...

>EBITDA 6% supérieur à nos attentes au T3 - Imerys a publié un EBITDA T3 2024 à 148 M€ (-13.9%) vs ODDO BHF à 140 M€ (6% au-dessus). La contribution de TQC ressort à 5 M€ au T3, nous attendions zéro. Au T3, l’EBITDA a été impacté par la déconsolidation du papier (-17 M€), la moindre contribution du quartz (-17 M€), la hausse des coûts fixes (-21 M€), non compensé par les effets prix (4 M€), les effets volumes (15 M€) et la baisse des coûts variables (20 M€). La marge...

Luis de Toledo Heras
  • Luis de Toledo Heras

Vidrala : 9M 2024 results reflect stable trends, FY 2024 guidance reit...

>Results in line with estimates, organic growth at 0.9% - Vidrala results came in line with estimates with 9M 2024 organic growth in sales of +0.9% (excluding FX and consolidation effects from the recent perimeter changes in Brazil and Italy) and EBITDA at € 338m (+3% vs ODDOe, +7% y-o-y) with EBITDA margin slightly above our estimates (27.8%, +90bp). At the organic level, EBITDA recorded a +4.3% y-o-y growth. EBITDA margin reflects the positive consolidation effects ...

Ignacio Romero
  • Ignacio Romero

VIDRALA: 9M’24 RESULTS (ANÁLISIS BANCO SABADELL)

3Q'24 vs. 3Q'23 Results Sales: € 386.0 M (-3.3% vs. -3.6% BS(e)); EBITDA: € 112.7 M (+12.3% vs. +8.3% BS(e)); 9M'24 vs. 9M'23 Results Sales: € 1.216 Bn (+1.9% vs. +1.8% BS(e); EBITDA: € 337.7 M (+7.0% vs. +5.7% BS(e));

Ignacio Romero
  • Ignacio Romero

VIDRALA: RDOS. 9MESES’24 (ANÁLISIS BANCO SABADELL)

Rdos. 3T'24 vs 3T'23: Ventas: 386,0 M euros (-3,3% vs -3,6% BS(e)); EBITDA: 112,7 M euros (+12,3% vs +8,3% BS(e)). Rdos. 9meses'24 vs 9meses'23: Ventas: 1.216 M euros (+1,9% vs +1,8% BS(e)); EBITDA: 337,7 M euros (+7,0% vs +5,7% BS(e)).

Kristof Samoy ... (+3)
  • Kristof Samoy
  • Thomas Vranken
  • Wim Hoste
Thomas Vranken
  • Thomas Vranken

Fagron Model update: FY24 outlook

Following Fagron's 3Q24 update, we update our FY24 outlook to reach the upper end of the revenue guidance of € 850-870m. In the coming quarters and years, we expect sustained solid performance across business units, as the company continues to benefit from increased outsourcing of pharmaceutical compounding and its operational excellence initiatives. We reiterate our € 24 TP, reflecting 27% upside vs the current share price, hence reiterate our Buy rating.

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