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 PRESS RELEASE

BUREAU VERITAS: Number of shares and voting rights as of February 28, ...

BUREAU VERITAS: Number of shares and voting rights as of February 28, 2026 REGULATED INFORMATION Courbevoie, France – March 6, 2026 Information on number of shares and voting rights as provided by article 223-16 of the general regulations of the French financial markets authority AMF Issuer: Bureau Veritas DateNumber of shares (1)Number of voting rights28/02/2026453,900,202Theoretical number of voting rights: 560,823,062Number of exercisable voting rights: 550,633,982  (1) including the new shares issued in Euroclear as a result of the exercise of stock options since January 1, 2026, if ...

 PRESS RELEASE

BUREAU VERITAS : Nombre d'actions et de droits de vote au 28 février 2...

BUREAU VERITAS : Nombre d'actions et de droits de vote au 28 février 2026 INFORMATION RÈGLEMENTÉE Courbevoie, France – 6 mars 2026 Information relative au nombre d’actions et de droits de vote prévue par l’article 223-16 du règlement général de l’Autorité des marchés financiers Emetteur : Bureau Veritas Date de l’arrêtéNombre d’actions en circulation (1)Nombre total de droits de vote28/02/2026453 900 202Nombre de droits de vote théoriques : 560 823 062Nombre de droits de vote exerçables : 550 633 982  (1)   y compris les actions nouvelles créées en Euroclear du fait des levées d’options ...

Jan Frederik Slijkerman
  • Jan Frederik Slijkerman

Cellnex/Risks from RAN sharing limited; cash flows are increasing

2025 marked a turning point for Cellnex as its Free Cash Flow generation accelerated. Moreover, the company continues to reduce leverage, through growth and divestments, to meet its leverage target of 5.0-6.0x net debt to EBITDA. We continue to believe the notes look attractive.

James Ratzer
  • James Ratzer

MWC 2026 What caught our eye: Starlink and glasses!

We have just spent the past two days at Mobile World Congress (MWC) in Barcelona and amongst other things, we were taken by Starlink’s mobile announcement, wearable glasses and what wasn’t there on 6G.

Delphine Brault ... (+6)
  • Delphine Brault
  • Emira Sagaama
  • Juan Ros-Padilla
  • Luis de Toledo Heras
  • Marc Lavaud
  • Nathan Mietlicki
Delphine Brault ... (+6)
  • Delphine Brault
  • Emira Sagaama
  • Juan Ros-Padilla
  • Luis de Toledo Heras
  • Marc Lavaud
  • Nathan Mietlicki
Andres Bolumburu
  • Andres Bolumburu

CELLNEX: FY2025 RESULTS (ANÁLISIS BANCO SABADELL)

4Q'25 vs. 4Q'24 Results Sales: € 1.058 Bn (+1.9% vs. -1.4% BS(e) and +1.0% consensus); EBITDA: € 881.0 M (+2.1% vs. +0.1% BS(e) and +1.0% consensus); FY2025 vs. FY2024 Results Sales: € 3.995 Bn (+1.4% vs. +0.5% BS(e) and +1.1% consensus); EBITDA: € 3.317 Bn (+2.1% vs. +1.5% BS(e) and +1.8% consensus); Net Profit: € -361.0 M (€ -28.0 M in FY2024);

James Ratzer
  • James Ratzer

Cellnex (Buy, €34, +8%) Q4 25: Highest organic tenancy growth for 7 y...

We think Cellnex’s organic tower demand is the highest it has been for 7 years. We see that alone as supportive for the Cellnex story.

Carole Braudeau
  • Carole Braudeau

Credit Morning 02/27/2026

INEOS Quattro: conference call comments|NIH: improvement in certain indicators in H2, but still little visibility on M&A|Ardagh Group surprises with strong increase in glass EBITDA in Q4|Clariane : Satisfactory 2025 results thanks to strong recovery in H2 25 and B2/B+ ratings assigned by Moody’s and S&P|

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