A director at Talanx AG bought 400 shares at 71.275EUR 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 years clearly showin...
We have tactically downgraded the energy sector from Overweight to Neutral (excl. oil services on which we are maintaining our Overweight rating) and dropped Shell Plc from our Large Caps list. The IEA report has accelerated the downswing for the energy sector, which could continue in the days ahead. June will be a better month to come back to the sector. - ...
Nous dégradons tactiquement à Neutre le secteur de l’énergie (hors Services Pétroliers sur lesquels nous conservons une opinion Surperformance) et faisons sortir Shell plc de notre liste Large Caps. Le rapport AIE a accéléré la baisse du secteur énergie, qui pourrait se poursuivre dans les jours qui viennent. Juin sera un meilleur mois pour revenir sur le secteur. - ...
>Net profit of € 572m came in 23% above consensus estimate - Talanx reported a very strong start to the year and reported € 572m group net profit which compares to € 466m consensus and our € 452m estimate. The beat was driven by primary insurance operations and attributable to the segments Industrial Lines insurance and Retail International. A higher-than-expected investment income (RoI of 3.4%) was part of the beat. Group Solvency came in with a strong ratio of 217% ...
>Robust Q1 results confirming resilient model - Daimler Truck's Q1 results, reported on Friday morning, were robust and slightly ahead of expectations (+3% vs css EBIT), see First Take here. Despite the decline in volumes (-13% y-o-y) reflecting the downturn in the truck cycle, the group managed to post stable revenues and growing earnings (EBIT +4% y-o-y), resilience that can be attributed to mix (strong US exposure, recovery in buses), prices, as well as recurring ...
>Le T1 solide confirme la résilience - Daimler Truck a publié vendredi matin des résultats robustes et légèrement supérieurs aux attentes (+3% vs EBIT css), voir First Take ici. Malgré une baisse des volumes (-13% y-o-y) qui reflète le retournement du cycle poids lourd, le groupe a réussi à afficher un CA stable et une progression de ses résultats (EBIT +4% y-o-y), une résilience attribuable au mix (forte exposition US, rebond Bus), aux prix, et aux activités de Ser...
>A solid Q1, slightly above expectations - This morning, Daimler Truck reported Q1 results that came in slightly ahead of expectations. Q1 revenues were € 13.3bn, flat y-o-y (vs company-compiled cons. at € 13.0bn, ODDO BHF € 12.7bn), driven by a strong price/mix as volumes (already reported) were down -13% y-o-y to 109k units. Adj. EBIT was € 1.21bn, +4% y-o-y, i.e. a margin of 9.1%, +30bps y-o-y, slightly ahead of expectations (css € 1.17bn, ODDO BHF € 1.16bn). Lastl...
>A solid Q1, slightly above expectations - This morning, Daimler Truck reported Q1 results that came in slightly ahead of expectations. Q1 revenues were € 13.3bn, flat y-o-y (vs company-compiled cons. at € 13.0bn, ODDO BHF € 12.7bn), driven by a strong price/mix as volumes (already reported) were down -13% y-o-y to 109k units. Adj. EBIT was € 1.21bn, +4% y-o-y, i.e. a margin of 9.1%, +30bps y-o-y, slightly ahead of expectations (css € 1.17bn, ODDO BHF € 1.16bn). Lastl...
>We increase estimates following strong FY 2023 results reporting - Talanx reported a strong set of FY 2023 results in line with preliminary results reporting. Group net profit came to € 1,581m, up 124% y-o-y. Underlying results were even stronger as the group built up reserve redundancies and realised losses on fixed income instruments to generate a higher ordinary investment income in future years. We have increased our estimates for Talanx driven by higher estimat...
>2024 scenario raised, 13% above the consensus for EBIT and 17% for net profit - On Friday morning, Daimler Truck (cf. first take) published strong Q4 results, well above expectations (EBIT +10% vs the consensus, attributable net profit +24%). Moreover, the group delivered a positive surprise with a confident guidance for 2024 (stable EBIT despite a market that is expected to decline, FCF expected slightly up). Despite the slowdown in the cycle, Daimler Truck should ...
>Scénario 2024 relevé, 13% au-dessus du css d’EBIT, 17% sur le résultat net - Daimler Truck a publié vendredi matin (cf. first take) des résultats solides et largement supérieurs aux attentes (EBIT +10% vs css, RNpg +24%). De plus, le groupe a surpris positivement avec une guidance 2024 confiante (EBIT stable malgré un marché attendu en baisse, FCF en hausse). Malgré le ralentissement du cycle, Daimler Truck devrait en effet pouvoir défendre ses revenus et ses marges...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.