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Sharad Kumar S.P
  • Sharad Kumar S.P

Holdings Report - April 2024 KBCS Holdings Universe Up 0.6% Thanks To ...

1M Performance - Absolute: Over the last 1M period, the KBCS Holdings Universe posted a return of +0.6% which was mainly driven by single-asset holdings (+1.8%) while multi-asset holdings posted a negative return of -0.1%. The 3 top performers during the period were Financière de Tubize (+8.1%), Brederode (+7.4%), and Texaf (+6.9%) while the 3 worst performers were HAL Trust (-4.6%), Gimv (-1.5%), and D'Ieteren Group (-1.2%). YTD Performance - Relative: On a YTD basis, the KBCS Holdings Univer...

Hilde Van Boxstael ... (+7)
  • Hilde Van Boxstael
  • Jacob Mekhael
  • Lynn Hautekeete
  • Sharad Kumar S.P
  • Thomas Couvreur
  • Wim Hoste
  • Wim Lewi
 PRESS RELEASE

VGP NV: Shareholders’ Meetings of 10 May 2024

VGP NV: Shareholders’ Meetings of 10 May 2024 Regulated InformationAntwerp, 10 May 2024, 18:00 CET VGP NV (‘VGP’ or ‘the Group’) held today its Annual and Special Shareholders’ Meetings (the ‘Shareholder Meetings’) in accordance with the organization method as described in its press release of 9 April 2024. ANNUAL SHAREHOLDERS’ MEETING The shareholders approved all agenda items. We make reference to the agenda as included in the convocation of the Annual Shareholder’ Meeting and more specifically the agenda items regarding dividend and the reappointment of the independent direc...

 PRESS RELEASE

VGP NV: Algemene Vergaderingen van 10 mei 2024

VGP NV: Algemene Vergaderingen van 10 mei 2024 Gereglementeerde informatieAntwerpen, 10 mei 2024, 18:00 CET VGP NV ('VGP' of 'de Groep'), heeft vandaag haar Gewone Algemene Vergadering en haar Bijzondere Algemene Vergadering (de ‘Algemene Vergaderingen’) gehouden volgens de organisatie modaliteiten die in haar persbericht van 9 april 2024 worden beschreven. GEWONE ALGEMENE VERGADERING De aandeelhouders hebben alle agendapunten goedgekeurd. We verwijzen naar de agenda opgenomen in de oproeping van de Gewone Algemene Vergadering en meer bepaald de agendapunten met betrekking t...

Hilde Van Boxstael ... (+2)
  • Hilde Van Boxstael
  • Wim Lewi
Wim Lewi
  • Wim Lewi

VGP FIRST LOOK: 4M24 Trading Update, cautious acceleration

FIRST LOOK: 4M24 Trading Update, cautious acceleration

Gerardo Ibanez ... (+2)
  • Gerardo Ibanez
  • Steven Boumans

VGP NV : 4M trading update: Growth message reiterated

>Solid performance, looking for an improved year of developments - Annualised committed leases (inc. JV) stood at €376.2m (+17.3 YoY). Company managed to execute €31.9m in new leases. 84% of the annualised committed leases has become cash generative already, while €40.5m sets to become effective within 1 year, aligned with company indications during FY23. Projects under-construction stand at 861,000 sqm (+29.7% YoY) with a lower pre-let of 71.6% aligned with...

 PRESS RELEASE

VGP Trading Update

VGP Trading Update PRESS RELEASE Regulated Information – inside information   10 May 2024, 7:00 am, Antwerp, Belgium: VGP NV (‘VGP’ or ‘the Group’) today published its trading update for the first four months of 2024, reporting important milestones and solid growth: €31.9 million of new and renewed leases signed year-to-date bringing the annualised committed leases for the year to date to €376.2 million1 (+ € 25.4 million compared to 31 December 2023, which is +7% YTD and +17% y-o-y). VGP has been able to conclude a number of iconic lease agreements, predominantly in the in...

 PRESS RELEASE

VGP Trading Update

VGP Trading Update PERSBERICHT Gereguleerde Informatie - Voorwetenschap 10 mei 2024, 7:00 uur, Antwerpen, België: VGP NV ('VGP' of 'de Groep') heeft vandaag haar handelsupdate voor de eerste vier maanden van 2024 gepubliceerd, waarin zij belangrijke mijlpalen en solide groei, rapporteert: Tot op heden werd voor € 31,9 miljoen aan nieuwe en vernieuwde huurovereenkomsten ondertekend, waardoor het jaarlijkse gecontracteerde huurinkomen op € 376,2 miljoen1 komt (+ € 25,4 miljoen vergeleken met 31 december 2023, ofwel +7% YTD en +17% j-o-j). VGP heeft een aant...

Inna Maslova
  • Inna Maslova

VGP - 4M trading update

VGP posted reassuring figures, reflecting a solid letting activity and an acceleration in developments. Total development pipeline increases to 861,000 sqm, with 188,000 sqm added in the first 4 months of 2024. Following several JV closings as well as the sale of the Moerdijk land plot stake, the company boasts good financial position.‘Buy' reiterated.

Gerardo Ibanez ... (+2)
  • Gerardo Ibanez
  • Steven Boumans

ODDO BHF Small & MIDCAP MORNING NEWS - 05/08/2024 Date Performance sin...

Unifiedpost is a niche SaaS player in the e-invoicing and procurement channel space. Regulatory headwinds mean this market is ripe for growth, which should benefit Unifiedpost. Due to some unsuccessful past M&A, the company is in a challenging financial position today. However, it has recently embarked on a divestment path, aiming to streamline the business and improve its fundamentals. We like the new direction, however prefer to take a wait-and-see approach. - ...

Gerardo Ibanez ... (+2)
  • Gerardo Ibanez
  • Steven Boumans

ODDO BHF Small & MIDCAP MORNING NEWS - 08/05/2024 Date Performance dep...

Unifiedpost is a niche SaaS player in the e-invoicing and procurement channel space. Regulatory headwinds mean this market is ripe for growth, which should benefit Unifiedpost. Due to some unsuccessful past M&A, the company is in a challenging financial position today. However, it has recently embarked on a divestment path, aiming to streamline the business and improve its fundamentals. We like the new direction, however prefer to take a wait-and-see approach. - ...

Thijs Berkelder
  • Thijs Berkelder

Euronav : Still full in transition

>Ex disposals, Q1 results roughly in-line with expectations - Revenues in 24Q1 have fallen to $ 240.4m, down from $ 340m in 23Q1. Net revenues (after voyage expense) in 24Q1 have fallen to $ 203.5m (AAOB $ 197.9m) from $ 305.1m in 23Q1.EBITDA is reported at $ 550.5m but excluding disposal gain of $ 407.6m amounts to $ 142.9m (BB consensus $ 150m), down from $ 258.5m in 23Q1Net profit in 24Q1 has jumped to $ 495.0m (AAOB $ 492.6m) primarily thanks to the $ 40...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

AB InBev: Busy BEES. Ahold Delhaize: Small beat, comforting confirmation of 2024 guidance. AMG: 1Q24 better than expected, FY guidance intact, strategic projects on schedule. Bekaert: Soft start to the year with 7% sales miss, FY guidance maintained. Euronav: Transformation at full speed. Marel: Another lacklustre quarter. Montea: 2025 guidance raised, valuations moving into positive territory. SBM Offshore: In-line Q1 trading update. Sif Group: Preview - normal quarter e...

Hilde Van Boxstael ... (+8)
  • Hilde Van Boxstael
  • Jacob Mekhael
  • Kristof Samoy
  • Michiel Declercq
  • Sharad Kumar S.P
  • Thomas Vranken
  • Wim Hoste
  • Wim Lewi

Morning Notes : ABI BB, AD NA, BEKB BB, EURN BB, GBLB BB, MONT BB, SOL...

: ABI BB, AD NA, BEKB BB, EURN BB, GBLB BB, MONT BB, SOLB BB, MAAT FP

Luuk Van Beek
  • Luuk Van Beek

Euronav - Continuing its transformation in Q1

Q1 results roughly in line with expectationsProposes USD 1.15 dividend for Q1, moves to fully discretionary policyEstimates will be reviewed to reflect recent trends in various end markets

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 May 2024 : Adding Fugro, Removing Arcadis

In this May edition of our Dynamic Top Pick List we replace Arcadis by Fugro. Arcadis continues to deliver consistently on its promises and is working hard to realise its 2026 margin targets via cross selling, leveraging its global engineering platform and numerous self-help measures. In spite of this we remove Arcadis from our Dynamic Top Pick List as the recent & strong share price performance leaves little room for further short term triggers As a service provider to the energy industry, Fu...

 PRESS RELEASE

Voting Rights and Denominator

Voting Rights and Denominator Press ReleaseRegulated InformationAntwerp, 2 May 2024– 7.00 a.m. CET In application of Article 15 of the Law of May 2, 2007 on the disclosure of major shareholdings in issuers whose shares are admitted for trading on a regulated market, VGP publishes, by means of a press release and on its website, the total share capital, the total number of securities with voting rights and the total number of voting rights at the latest at the end of each month in which any of these numbers has changed.  Situation as at 30 April 2024: Total share capital:€ 136,091,705.08...

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