AMS Osram released its Q4 and FY 2025 numbers yesterday. The Q4 performance was soft but outperformed our and the street's expectations, and was well above the mid-point of guidance, thanks to a robust aftermarket business. Positively, pro-forma net leverage (company methodology) dropped to 2.5x. While 2026 is expected to be a transition year, credit stats should improve substantially from 2027 onwards. We believe the bonds offer broadly fair value.
In today's Morning Views publication we comment on developments of the following high yield issuers: Verisure, AMS Osram, International Personal Finance, Bombardier, TK Elevator, Rekeep, Ontex, TUI, Allwyn (formerly Sazka), Samvardhana Motherson, Adler Pelzer, Canpack, Iceland Foods
ASSYSTEM:2025 consolidated revenue 2025 consolidated revenue: €656.6 million (up 7.4%)4.5% organic, primarily driven by robust International momentum Paris-La Défense, Tuesday 10 February 2026, 5.35 p.m. (CET) – Assystem S.A. (ISIN: FR0000074148 - ASY), an international engineering group, today released its revenue figures for the fourth quarter of 2025 and the twelve months ended 31 December 2025. 2025 consolidated revenue (unaudited) and year-on-year changes vs 2024 In millions of euros20242025% change(reported)% change(organic(2))Group(1)611.3656.6+7.4%+4.5% France380.9387.8+1.8%+...
ASSYSTEM: Chiffre d'affaires 2025 Chiffre d’affaires 2025 : 656,6 M€ (+7,4%)Croissance organique (+4,5%) tirée par la dynamique à l’International Paris La Défense, le mardi 10 février 2026 à 17h35 – Assystem S.A. (ISIN : FR0000074148 - ASY), groupe international d’ingénierie, annonce aujourd’hui le chiffre d’affaires réalisé au le 4ème trimestre 2025 et sur l’ensemble de l’exercice clos le 31 décembre 2025. Chiffre d’affaires consolidé 2025 (non audité) et variations par rapport à 2024 En millions d'euros20242025Variation totaleVariation organique (2)Groupe (1)611,3656,6+7,4%+4,5% Fra...
Transactions in connection with share buyback programme Company Announcement Copenhagen, 9 February 2026No. 7/2026 Transactions in connection with share buyback programmeISS A/S, a leading workplace experience and facility management company, announced on 20 February 2025 a new share buyback programme, see company announcement no. 12/2025. The share buyback programme is executed in accordance Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, also...
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.