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Jean-François Granjon
  • Jean-François Granjon
Jean-François Granjon
  • Jean-François Granjon
Si Yong Ng ... (+2)
  • Si Yong Ng
  • Trung Nguyen

Lucror Analytics - Convertibles Brief

In today's Convertibles Brief publication we comment on developments of the following high yield issuers: Air France-KLM, Nissan Motor

Felix Fischer ... (+7)
  • Felix Fischer
  • Filipe Botelho
  • Jayanth Kandalam
  • Peter Low
  • Si Yong Ng
  • Tanvi Arora
  • Trung Nguyen

Lucror Analytics - Morning Views Europe

In today's Morning Views publication we comment on developments of the following high yield issuers: Nexans, Asmodee, Nemak, Ineos, CeramTec, Azelis, Ineos Quattro, Borr Drilling, Nissan Motor, Clarios, Air France-KLM, Cheplapharm, Solenis, Adler Pelzer, TUI

 PRESS RELEASE

GTT : Full Year 2025 Results - Strong growth in revenues (+25%) and EB...

GTT : Full Year 2025 Results - Strong growth in revenues (+25%) and EBITDA (+40%) for the third consecutive year. FY 2025 resultsStrong growth in revenues (+25%) and EBITDA (+40%) for the third consecutive year.Strong upturn in vessel orders since the fourth quarter of 2025.2025 dividend at a record level of €8.94 per share. Paris, February 19, 2026. GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, today announces its results for the 2025 financial year. Key figures for the 2025 financial year  202420252025/2024Consolidated revenu...

 PRESS RELEASE

GTT : Résultats annuels 2025 - Chiffre d’affaires (+25%) et EBITDA (+4...

GTT : Résultats annuels 2025 - Chiffre d’affaires (+25%) et EBITDA (+40%) en forte croissance pour la troisième année consécutive. Résultats annuels 2025Chiffre d’affaires (+25%) et EBITDA (+40%) en forte croissance pour la troisième année consécutive.Forte reprise des commandes de navires depuis le quatrième trimestre 2025.Dividende record en 2025 à 8,94€ par action. Paris – Le 19 février 2026. GTT, l'expert technologique des systèmes de confinement à membranes dédiés au transport et au stockage des gaz liquéfiés, annonce aujourd’hui ses résultats pour l’exercice 2025. Chiffres-clés de ...

Carole Braudeau
  • Carole Braudeau

Credit Morning 02/19/2026

Constellium: very strong Q4 2025 results with the momentum continuing into H1 2026|Eramet publishes weak results for 2025 but takes radical measures to rapidly improve its financial structure, notably with a plan to strengthen its equity capital by € 500m|AF-KLM: Unit costs under control enabling good profitability levels|

Carole Braudeau
  • Carole Braudeau

Morning Crédit 19/02/2026

Constellium: very strong Q4 2025 results with the momentum continuing into H1 2026|Eramet publie de faibles résultats 2025 mais prend des mesures radicales pour améliorer rapidement la structure financière, notamment avec un projet de renforcement des fonds propres de 500 m EUR|AF-KLM: Unit costs under control enabling good profitability levels|

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

AEGON: Uneventful results, US weaker, underlying OCG in line / Air France-KLM: Productivity gains starting to filter through / Arcadis: Weak revenues and EBITA, but strong NWC / Ascencio: Results in line, no concerns on Carrefour Belgium exposure / Azelis: Persisting softness in 4Q25, continued focus on costs and cash / BAM Group: Solid 2H25 results, 2026 outlook in line / Belgian telecoms: Telenet improved net adds, to relist as part of Ziggo in 2027, Liberty to sell half of its 66% Wyre stake ...

 PRESS RELEASE

Consolidated Financial Statements and Notes 2025

Consolidated Financial Statements and Notes 2025 . Attachments

 PRESS RELEASE

Etats financiers consolidés et notes annexes 2025

Etats financiers consolidés et notes annexes 2025 . Pièces jointes

 PRESS RELEASE

Full Year 2025

Full Year 2025 Full Year 2025 19 February, 2026 Operating result breaking the €2bn mark and margin improving to 6.1%This performance reflects disciplined execution while continuing transformation and investments in fleet renewal Group revenues up 4.9% year-on-year to €33.0bn, driven by Passenger network, Maintenance and Transavia.Unit revenue at constant currency up 1.0% thanks to Passenger network supported by premiumization, while group capacity grew by 4.9% and fuel price after hedging decreased by 7%.Unit cost1 increase limited to +1.2% reflecting disciplined cost management, productiv...

 PRESS RELEASE

Résultats annuels 2025

Résultats annuels 2025 xx Résultats annuels 2025 19 février 2026 Le résultat opérationnel franchit la barre des 2 milliards d’euros. Amélioration de la marge à 6,1 %.Cette performance reflète la discipline dans la mise en œuvre de la stratégie, ainsi que la poursuite de la transformation et des investissements dans le renouvellement de la flotte. Chiffre d’affaires du Groupe en hausse de 4,9% par rapport à l’année précédente, à 33,0 milliards d’euros, porté par le réseau Passage, la Maintenance et Transavia. Recette unitaire à taux de change constant en augmentation de 1,0%, portée par le ...

Carole Braudeau
  • Carole Braudeau

Credit Morning 02/18/2026

Tereos : -57% EBITDA over 9M 25/26. Guidance reaffirmed for a leverage peak at 6x as of March 31|Celanese – still challenging conditions but margins and FCF generation remain healthy|Emeis reported 2025 results ahead of expectations|

Carole Braudeau
  • Carole Braudeau

Morning Crédit 18/02/2026

Tereos : -57% d’EBITDA sur les 9M 25/26. Prévision réitérée d’un pic de levier à 6x au 31 mars|Celanese – still challenging conditions but margins and FCF generation remain healthy|Emeis a publié des résultats 2025 supérieurs aux attentes|

Jan Frederik Slijkerman ... (+5)
  • Jan Frederik Slijkerman
  • Jeroen van den Broek
  • Jesse Norcross
  • Nadège Tillier
  • Timothy Rahill

Coffee, Croissants & Credit/Naturgy, Enagas, Icade, Castellum

Naturgy: 2025 results in line with guidance / Enagas: 2025 results meet estimates, we are neutral / Icade FY25: pressure on all sides / Castellum 4Q25: focused on back to basics in a tough operating environment

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