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 PRESS RELEASE

COFACE SA: Disclosure of total number of voting rights and number of s...

COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at 30 April 2024 COFACE SA: Disclosure of total number of voting rights and number of shares in the capital as at 30 April 2024 Paris, 2nd May 2024 – 17.45 Total Number of Shares CapitalTheoretical Number of Voting Rights1Number of Real Voting Rights2150,179,792150,179,792149,427,501 (1)   including own shares(2)   excluding own shares  Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust. You can check the authenticity on the websi...

Jean Danjou ... (+3)
  • Jean Danjou
  • Oliver Metzger
  • Thomas Zlowodzki

ODDO BHF Small & MIDCAP MORNING NEWS - 02/05/2024

Nous sortons GALP de notre liste ODDO BHF European Large Caps. La valeur a réalisé une performance de +31,3% depuis son entrée le 20 mars dernier. Notre analyste adopte ce jour une opinion Neutre (vs Surperformance) sur la valeur qui a atteint notre objectif de cours. - ...

Jean Danjou ... (+2)
  • Jean Danjou
  • Oliver Metzger

Fielmann AG : Activity a shade more dynamic than anticipated, guidance...

>Q1 sales reflect stronger growth than anticipated at +11% but margins remain around the same as the year-earlier level - At the same time as the full publication of annual results (with the key elements already communicated on 29 February) the group announced those related to Q1 2024.  FY23 sales were confirmed at € 1,969m, i.e. growth of 12% and c.8% organic (Q4 sales at 7%, i.e. more or less flat on an organic basis with Germany at -3.5%), EBT came in a shade ab...

Jean Danjou ... (+2)
  • Jean Danjou
  • Oliver Metzger

Fielmann AG : Activité un peu plus dynamique qu’attendu, guidance en m...

>Le CA T1 reflète une croissance plus favorable que prévu à +11% mais les marges restent du même ordre de grandeur que l’an passé sur le trimestre - Le groupe publie en même temps les résultats annuels 2023 complets (les principales données avaient déjà été communiquées le 29 février) et ceux afférents au T1 2024.  Le CA 2023 est confirmé à 1969 M€ soit une croissance de 12% et c.8% en organique (CA T4 à 7% soit quasi flat en org avec une Allemagne à -3.5%), l’EBT ...

Delphine Brault ... (+2)
  • Delphine Brault
  • Quentin Borie

Vossloh AG : Feedback from the road show with the CFO: the new Vossloh...

>Vossloh has seen a paradigm shift in recent years - On Monday and Tuesday, we held a road show with the CFO of Vossloh Thomas Triska, and Daniel Gavranovic (IR).The group seemed confident to us on reaching its 2024 guidance. Sales are mostly secured by the backlog and the call offs that the group is anticipating (like every year) on its framework contracts. The margin should increase significantly for Customized Modules (ODDO BHF at 9.2%, +130bp), secured ...

Delphine Brault ... (+2)
  • Delphine Brault
  • Quentin Borie

Vossloh AG : Feedback roadshow CFO : le nouveau Vossloh avec plus de c...

>Vossloh a changé de paradigme ces dernières années - Nous avons organisé lundi et mardi un roadshow avec le CFO de Vossloh, Thomas Triska, et Daniel Gavranovic (IR).Le groupe nous a paru confiant sur l’atteinte de sa guidance 2024. Le chiffre d’affaires est en très grande partie sécurisé par le carnet de commandes et les levées d’options que le groupe anticipe (comme chaque année) sur ses contrats cadres. La marge devrait s’améliorer significativement pour ...

Jean Danjou ... (+2)
  • Jean Danjou
  • Oliver Metzger

ODDO BHF Small & MIDCAP MORNING NEWS - 04/30/2024

BHP's bid for Anglo American has confirmed interest from miners in copper in the context of increasingly challenged production and difficulties in fully completing projects. Anglo’s (Neutral) prospects in copper are now better valued and this is also the case for BHP (Neutral vs Underperform) although not so for Rio Tinto (Outperform vs Neutral). Downstream, Nexans and Montana Aerospace are our Top Picks (Outperform) vs Aurubis, Rexel and Prysmian (Neutral). - ...

Jean Danjou ... (+2)
  • Jean Danjou
  • Oliver Metzger

ODDO BHF Small & MIDCAP MORNING NEWS - 30/04/2024 Date Performance dep...

L’offre de BHP sur Anglo American a confirmé l’intérêt des minières pour le cuivre dans un contexte de tensions croissantes sur la production et de difficultés à faire aboutir les projets. Les perspectives d’Anglo (Neutre) dans le cuivre sont désormais mieux valorisées, c’est aussi le cas de BHP (Neutre vs Sous-performance) mais pas encore assez, selon nous, sur Rio Tinto (Surperformance vs Neutre). En aval, Nexans et Montana Aerospace sont nos valeurs préférées (Surperformance) vs Au...

Jean Danjou ... (+2)
  • Jean Danjou
  • Oliver Metzger

Fielmann AG : Top-line trends rather supportive but the guidance on pr...

>FY 2023 results confirmed, Q1 sales growth quite supportive at +11% but Q1 EBT just in line, FY 2024 growth expected double digit with EBT margin to improve - As usual at this point in the year, Fielmann releases at the same time 1) the final and complete FY 2023 results (prelim figures are reconfirmed: revenues at € 1970m, EBITDA at € 410m a 20.8% margin, EBT at € 194m 9.8% margin), 2) the results for Q1 2024: sales at € 529m, up 11% EBITDA at € 117m (margin 22.1% f...

Jean Danjou ... (+2)
  • Jean Danjou
  • Oliver Metzger

Fielmann AG : Top-line trends rather supportive but the guidance on pr...

>FY 2023 results confirmed, Q1 sales growth quite supportive at +11% but Q1 EBT just in line, FY 2024 growth expected double digit with EBT margin to improve - As usual at this point in the year, Fielmann releases at the same time 1) the final and complete FY 2023 results (prelim figures are reconfirmed: revenues at € 1970m, EBITDA at € 410m a 20.8% margin, EBT at € 194m 9.8% margin), 2) the results for Q1 2024: sales at € 529m, up 11% EBITDA at € 117m (margin 22.1% f...

 PRESS RELEASE

EQS-News: Fielmann Group with +12% sales growth in 2023 and +11% growt...

EQS-News: Fielmann Group AG / Key word(s): Annual Report/Quarterly / Interim Statement Fielmann Group with +12% sales growth in 2023 and +11% growth in Q1/2024 (news with additional features) 30.04.2024 / 07:29 CET/CEST The issuer is solely responsible for the content of this announcement. Fielmann Group with +12% sales growth in 2023 and +11% growth in Q1/2024 Audited FY2023 reporting in line with preliminary numbers published in February +11% sales growth in Q1/2024 over last year despite hard Q1/2023 comparables FY2024 forecast envisages double-digit topline growth, ...

 PRESS RELEASE

EQS-News: Fielmann-Gruppe mit +12 % Umsatzwachstum in 2023 und +11 % W...

EQS-News: Fielmann Group AG / Schlagwort(e): Jahresbericht/Quartals-/Zwischenmitteilung Fielmann-Gruppe mit +12 % Umsatzwachstum in 2023 und +11 % Wachstum in Q1/2024 (News mit Zusatzmaterial) 30.04.2024 / 07:29 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Fielmann-Gruppe mit +12 % Umsatzwachstum in 2023 und +11 % Wachstum in Q1/2024 Geprüfter Jahresabschluss entspricht den im Februar veröffentlichten vorläufigen Zahlen Umsatz in Q1/2024 wächst trotz starker Q1/2023-Vergleichsbasis +11 % über Vorjahr Prognose für Geschäftsjahr 202...

Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA

Coface : Earnings expected to still be solid in Q1, in line with 2023

>A slight decline in premiums expected - Coface is due to report its Q1 2024 results on 6 May after market close. We expect revenues of € 465m, in line with the consensus and down 2.1% vs Q1 2023 due to a high comparison base, and in a context of slowing economic growth and inflation, which had strongly driven revenue growth in Q1 2023. The trends seen in the previous quarters should continue, as was also the case for Atradius (premiums down 4.5%). We think that the ...

Benoit Valleaux ... (+5)
  • Benoit Valleaux
  • Roland Pfaender
  • MBA
  • CFA
  • CCRA

Coface : Un résultat toujours solide attendu au T1, dans la continuité...

>Légère baisse des primes attendue - Coface publiera le 6 mai prochain après Bourse son RN du T1 2024. Nous prévoyons des revenus de 465 M€, en ligne avec le consensus, et en baisse de 2.1% vs T1 2023, compte tenu d’une base de comparaison élevée, et dans un contexte de ralentissement de la croissance économique et de l’inflation, qui avait fortement tirée la croissance des revenus au T1 2023. Les tendances observées lors des trimestres précédents devraient se poursu...

Charlotte Vaisse ... (+4)
  • Charlotte Vaisse
  • Jean-Baptiste Rouphael
  • Luis de Toledo Heras
  • Thomas Zlowodzki

ODDO BHF Small & MIDCAP MORNING NEWS - 04/25/2024

Having flirted with the 495-point mark on Friday, which could have triggered an extension of the correction, the market has rebounded well since then. Our technical analysis highlights a configuration in which we are only at the start of a powerful rally. Target of 622 points for Stoxx 600 index (+11%) by the end of the year confirmed. Prefer banks to insurance companies in the short term. - ...

Charlotte Vaisse ... (+4)
  • Charlotte Vaisse
  • Jean-Baptiste Rouphael
  • Luis de Toledo Heras
  • Thomas Zlowodzki

ODDO BHF Small & MIDCAP MORNING NEWS - 25/04/2024

Après avoir frôlé vendredi la barre des 495 points qui aurait pu déclencher la poursuite de la correction, le marché a ensuite bien rebondi. Notre analyse technique met en lumière une configuration où nous ne serions qu’au début d’un rallye puissant. Objectif 622 points (+11%) d’ici à la fin de l’année confirmé sur le Stoxx 600. Préférer les banques aux assurances à court terme. - ...

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