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ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

AEGON: Addition of €200m to existing SBB, considering US domicile, results mixed. Alfen: 19% EBITDA cut, mid-point new 2026 guidance. Flow Traders: Positive volumes, negative volatility. Kinepolis: Strong profit beat on better operating leverage, higher ticket and ITS per visitor. Recticel: Peer Rockwool 2Q25 results. Tessenderlo: Solid 1H25 beat, guidance maintained. VGP: Strong results, more news on JVs to come

Guy Sips ... (+6)
  • Guy Sips
  • Hilde Van Boxstael
  • Thibault Leneeuw
  • Thomas Couvreur
  • Wim Hoste
  • Wim Lewi
Mahaut Arnaud ... (+3)
  • Mahaut Arnaud
  • Paul de Froment
  • Thomas Mordelle

Alfen: H1 2025 results, mid-term outlook lowered

Alfen published H1 2025 figures yesterday. Revenue came in at EUR211.5m (-13.9% YoY vs. EUR245.7m in H1 2024) mainly with challenging dynamics in EV charging and Energy Storage, while benefiting from favourable base effects in Smart Grids, which was impacted by moistening issues in Q2 2024. This wa

Thijs Berkelder
  • Thijs Berkelder
Peter Low
  • Peter Low
Klaus Ringel ... (+2)
  • Klaus Ringel
  • Michael Foundoukidis
 PRESS RELEASE

Aalberts reports the completion of its share buyback programme

Aalberts reports the completion of its share buyback programme Utrecht, 12 August 2025, Aalberts today reports the completion of the share buyback programme as announced on 27 February 2025, for a total amount of EUR 75 million. The repurchase of shares commenced on 28 February 2025 and completed on 04 August 2025. It is intended that the shares will be cancelled following repurchase. 51,373 of its own shares have been repurchased on 04 August 2025, for an amount of EUR 1,433,068.14, so at an average share price of EUR 27.90 Up to and including 04 August 2025, a cumulative total of 2,54...

Klaus Ringel ... (+2)
  • Klaus Ringel
  • Michael Foundoukidis
Carole Braudeau
  • Carole Braudeau

Credit Morning 08/07/2025

Webuild: signing of the Messina bridge contract|Schaeffler Q2 25 results: Slight PF revenue decline, guidance confirmed|

Carole Braudeau
  • Carole Braudeau

Morning Crédit 07/08/2025

Webuild: signing of the Messina bridge contract|Maersk revoit son objectif d’EBITDA 2025 à la hausse après un T2 25 meilleur que prévu|

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