ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 03/05/2025

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 05/03/2025

Neoen : End of the line

Neoen : End of the line

Vilmorin & Cie : Il y a encore de la prime sur cet émetteur non noté

Vilmorin & Cie a été retiré de la bourse il y a un an et demi, ce qui n’a pas changé son profil de crédit, puisque la société conserve un financement indépendant de sa maison-mère et n’a pas modifié sa politique de versement des dividendes. Concernant l’évolution de ses résultats, l’exercice 2023/24 a été une nouvelle année record (CA et EBITDA en hausse de +5%, atteignant respectivement 2,0 mds EUR et 484 m EUR), dépassant les attentes, et sa situation financière s’est stabilisée, avec un levie...

Vilmorin & Cie : There is still a premium on this non-rated issuer

Vilmorin & Cie was delisted a year and a half ago, which has not changed its credit profile, since the group maintains independent financing from its parent company and has kept the same dividend policy. Earnings-wise, 2023-24 was another record year for the group (with sales and EBITDA up 5% to € 2bn and € 484m, respectively), surpassing expectations, and its finances have stabilised, with a debt leverage ratio comfortably positioned at the lower end of the group's 2-2.5x target range. This lea...

Credit Morning 01/03/2025

Vodafone closes the sale of 100% of Vodafone Italy for € 8bn in cash|

Morning Crédit 03/01/2025

Vodafone finalise la cession de 100% de Vodafone Italie pour 8 mds EUR|

Credit Morning 12/30/2024

Unibel to be delisted from the stock market|Preliminary agreement with Mongolia for exploitation of uranium mine|

Morning Crédit 30/12/2024

Unibel va être retirée de la Bourse|Accord préliminaire avec la Mongolie pour l’exploitation d’une mine d’uranium|

Credit Morning 12/05/2024

The dividend paid out by Decathlon should support other AFM companies|Ipsos will not submit an offer for the acquisition of Kantar Media|Amundi and Allianz are said to have discussed Allianz Global Investors on several occasions|

Morning Crédit 05/12/2024

Le dividende versé par Decathlon devrait financer d’autres sociétés de l’AFM|Ipsos ne remettra pas d’offre pour l’acquisition de Kantar Media|Amundi et Allianz auraient discuté à plusieurs reprises d’Allianz Global Investors|

Credit Morning 11/27/2024

Isabel Marant: conference call feedback / Material acquisition in Specialized Services: ZP Better Together / Air France-KLM seems to be targeting Air Europa once again / Update by the FSB of the list of GSIBs – Additional capital surcharge for Crédit Agricole Group.|

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/27/2024

Morning Crédit 27/11/2024

Isabel Marant : feedback conference call / Material acquisition in Specialized Services: ZP Better Together / Air France-KLM seems to be targeting Air Europa once again / Update par le FSB de la liste des GSIBs – Surcharge supplémentaire pour Groupe Crédit Agricole.|

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 27/11/2024

Neoen : 2024 EBITDA downgraded with Australian disposals cut-off

Neoen : Révision en baisse de l’EBITDA 24 due au cut-off des cessions ...

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>...

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/06/2024

Our baseline scenario materialised last night: Donald Trump seems to be on course to win the US presidential election, and the choice of the electorate is unlikely to be challenged. He could end up with a majority in both houses of Congress. US equities will be the first to benefit from this development. In European equities, the biggest winners will be Energy, Media, Metals, Construction & Materials, Financial Services and Insurance. More at risk, however, are the Utilities, Spirits,...