We have revisited our scenario for Aalberts in light of persistent political instability in France and the continued publication of uninspiring leading indicators. With the company's substantial exposure to both the French and German markets, and its reliance on automotive and machine-building as key end markets, we have revised our 2026 organic growth forecast downward to 1.6%. We expect consensus to follow in the coming months. Despite the (historically) cheap valuation, we downgrade the stock...
Ahead of Aalberts 3Q25 trading update (due 23 October) we update our financial 2025-27F forecasts. Aalberts interim results arrived slightly below our estimates, and end market conditions in our view have not improved in 3Q25. We lower our FY25 adjusted EBITA margin estimate to 13.5%, now in line with Aalberts' recent outlook. Our FY26 forecasts now include the acquisition Grand Venture Technologies as we expect the take-over to finalise towards the end of this year (delisting date at or around ...
Last week’s EPRA conference provided cautious optimism on listed European real estate. The segment offers a mix of risks and opportunities, with discounted valuations presenting attractive entry points. We downgrade Care Property Invest (Underperform vs Neutral, TP €12 vs €13.5); we lower our TPs for British Land, Landsec, Shurgard, and Xior Student Housing; we raise our TPs for URW, Wereldhave and VGP. In conclusion we favour logistics, retail, Spain, and CEE for growth, and Switzerland remains...
Cabka N.V. Secures Debt Covenant Adjustment Valid Through 2027 Amsterdam 22 September 2025. Cabka N.V. (together with its subsidiaries “Cabka”, or the “Company”), a company specialized in transforming hard to recycle plastic waste into innovative Reusable Transport Packaging (RTP), has reached agreement with its lending syndicate on an adjustment to the financial covenants under its debt facility. The new agreement ensures continued access to committed financing and provides Cabka with financial flexibility to execute its strategy. The revised terms are effective immediately and remain ...
Cabka and Renewi launch the Eco CP3 Pallet: Proving the power of collaboration for plastics circularity Amsterdam, 11 September 2025 – Cabka N.V., a leader in transforming hard-to-recycle plastic waste into reusable transport packaging, and Renewi, a leading waste-to-product company, are proud to announce their strategic collaboration to launch the Eco CP3 pallet - a durable, recyclable, and cost efficient solution made from 100% recycled polyethylene (PE) plastics sourced from Renewi. This partnership brings together Renewi’s expertise in sustainable waste management and Cabka’s innovati...
A director at Van Lanschot Kempen N.V. maiden bought 1,393 shares at 50.300EUR and the significance rating of the trade was 71/100. 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 ...
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.