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Intesa Sanpaolo S.p.A.: 1 director

A director at Intesa Sanpaolo S.p.A. sold 322,362 shares at 3.554EUR and the significance rating of the trade was 100/100. 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 two years...

Munchener Ruckversicherungs-Gesellschaft AG: 1 director

A director at Munchener Ruckversicherungs-Gesellschaft AG bought 200 shares at 425.182EUR and the significance rating of the trade was 58/100. 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 ove...

Gerardo Ibanez ... (+2)
  • Gerardo Ibanez
  • Steven Boumans

ODDO BHF Small & MIDCAP MORNING NEWS - 05/08/2024 Date Performance sin...

Unifiedpost is a niche SaaS player in the e-invoicing and procurement channel space. Regulatory headwinds mean this market is ripe for growth, which should benefit Unifiedpost. Due to some unsuccessful past M&A, the company is in a challenging financial position today. However, it has recently embarked on a divestment path, aiming to streamline the business and improve its fundamentals. We like the new direction, however prefer to take a wait-and-see approach. - ...

Benoit Valleaux ... (+2)
  • Benoit Valleaux
  • Steven Gould

Unicredit : Q1 2024 confirms the group’s strategy and guidance

>Neutral rating reiterated – target price raised to € 38 (vs € 36) - UniCredit once again beat expectations in Q1 2024, with net income of € 2.56bn before AT1/CASHES (i.e. +20% vs consensus). The beat was driven by good revenue momentum (including in NII), confirmation of good cost control and a cost of risk that was much better contained than expected. The group moreover confirmed its comfortable level of solvency with a CET1 FL ratio of 16.2% at end-March 2024, tha...

Gerardo Ibanez ... (+2)
  • Gerardo Ibanez
  • Steven Boumans

ODDO BHF Small & MIDCAP MORNING NEWS - 08/05/2024 Date Performance dep...

Unifiedpost is a niche SaaS player in the e-invoicing and procurement channel space. Regulatory headwinds mean this market is ripe for growth, which should benefit Unifiedpost. Due to some unsuccessful past M&A, the company is in a challenging financial position today. However, it has recently embarked on a divestment path, aiming to streamline the business and improve its fundamentals. We like the new direction, however prefer to take a wait-and-see approach. - ...

Maria Paz Ojeda
  • Maria Paz Ojeda

MUNICH RE: RDOS. 1T’24 (ANÁLISIS BANCO SABADELL)

Rdos. 1T'24 vs 1T'23: Ingresos por seguros: 15.100 M euros (+5,7% vs +5,8% BS(e) y +4,4% consenso); Rdo. Operativo: 2.928 M euros (+65,6% vs +10,5% BS(e) y +13,5% consenso); BDI: 2.140 M euros (+68,4% vs +4,2% BS(e) y +16,1% consenso);

Michael B. Schäfer
  • Michael B. Schäfer

Lanxess : Q1 EBITDA € 101m in-line; expects 10-20% EBITDA 24 growth, l...

>Q1 EBITDA pre of € 101m in line with consensus of € 98m - Group sales declined by 15% y-o-y to € 1,607m (css € 1,578m) including volume decline by 5.4% y-o-y (Q4 23: -12% y/y) but up 13% q-o-q. Price erosion was 9.2% y-o-y and just -1% q-o-q. EBITDA pre of € 101m was in line with consensus/ODDO BHF estimates of € 98m and down 47% y-o-y on a high comparison base. EBITDA pre regained slightly from € 97m in Q4 2023. Activity pick-up throughout Q1 pushed receivables, wei...

Research Department
  • Research Department

INFORME DIARIO 08 MAYO + RDOS. ESPAÑA Y EUROPA 1T’24. IDEAS DESTACADAS...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: AENA, AMADEUS, ENDESA, FERROVIAL, FLUIDRA, NATURGY, ROVI, TALGO. EUROPA: AB INVEB, BMW, MUNICH RE. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 1T’24 que se publicarán en España y Europa en los próximos días. Continúa el rebote en Europa Las bolsas europeas continuaron con el rebote de comienzos de seman...

Benoit Valleaux ... (+2)
  • Benoit Valleaux
  • Steven Gould

Unicredit : Un T1 2024 validant la stratégie et les guidances du group...

>Opinion Neutre réitérée – OC porté à 38 € (vs 36 €) - La publication d’Unicredit a de nouveau dépassé les attentes au T1 2024, avec un RN s’établissant à 2.56 Md€ avant AT1/Cashes, soit +20% vs cons) –l’upbeat est drivé, encore une fois, par une meilleure dynamique sur les revenus (y compris sur les NII), la confirmation d’une bonne maîtrise des coûts et un coût du risque de nouveau bien plus contenu qu’escompté. Le groupe confirme, par ailleurs, son niveau conforta...

Carole Braudeau
  • Carole Braudeau

Credit Morning 05/07/2024

Monte has published a solid Q1 2024 results, above expectationsClariane has received a put option agreement for its HAD/SSIAD activities in FranceZalando: FY targets confirmed following a better-than-expected Q1, plans to buy back up to € 100m of convertible bonds due 2025Banco Sabadell rejects BBVA’s proposal>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 07/05/2024

Monte publie un T1 2024 solide, au-dessus des attentesZalando : objectifs confirmés à l’issue d’un T1 supérieur aux attentes, envisage des rachats d’obligations convertibles 2025 pour 100 m EUR maximumClariane a reçu une offre pour la cession de ses activités HAD/SSIAD en FranceBanco Sabadell rejette la proposition de fusion de BBVA>...

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

SCOR : Solid Q1 results expected despite cautious provisioning

>Strong premium growth and net income expected at € 192m - Scor is due to publish its Q1 2024 results on 17 May. We forecast gross written premiums of € 5.1bn, up 6.7%, with strong growth in P&C (+11% l-f-l), following on the from the solid renewals in January, and much more moderate growth in life reinsurance (+2% l-f-l). Given the decline in written P&C premiums last year, we should see growth of a little over 2% in insurance revenues (+3.5%e in P&C, +1.2%e in life...

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

SCOR : Un RN solide attendu au T1 malgré un provisionnement prudent

>Forte croissance des primes et RN publié attendu à 192 M€ - Scor publiera son RN du T1 2024 le 17 mai prochain. Nous prévoyons des primes brutes émises de 5.1 Md€, en hausse de 6.7%, avec une forte croissance en dommages (+11% à données comparables), dans le prolongement des bons renouvellements de janvier dernier, et beaucoup plus modérée en réassurance vie (+2% à d.c.). Compte tenu de la baisse des primes dommages émises l’année dernière, cela devrait se traduire ...

 PRESS RELEASE

EQS-News: Annual General Meeting of Hannover Rück SE approves dividend...

EQS-News: Hannover Rück SE / Key word(s): AGM/EGM Annual General Meeting of Hannover Rück SE approves dividend increase and appointment of new Supervisory Board members 06.05.2024 / 18:30 CET/CEST The issuer is solely responsible for the content of this announcement. Annual General Meeting of Hannover Rück SE approves dividend increase and appointment of new Supervisory Board members Total dividend of EUR 7.20 per share approved Chief Executive Officer Jean-Jacques Henchoz confident of further growing profitability over the strategy cycle 2024-2026 Hannover, 6 May 2024...

 PRESS RELEASE

EQS-News: Hauptversammlung der Hannover Rück SE stimmt Dividendenerhöh...

EQS-News: Hannover Rück SE / Schlagwort(e): Hauptversammlung Hauptversammlung der Hannover Rück SE stimmt Dividendenerhöhung und Bestellung neuer Aufsichtsratsmitglieder zu 06.05.2024 / 18:30 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Hauptversammlung der Hannover Rück SE stimmt Dividendenerhöhung und Bestellung neuer Aufsichtsratsmitglieder zu Gesamt-Dividende von 7,20 EUR je Aktie beschlossen Vorstandsvorsitzender Jean-Jacques Henchoz zuversichtlich für den weiteren Ausbau der Profitabilität im Strategiezyklus 2024-2026 Hanno...

 PRESS RELEASE

Programme de rachat d'actions propres - Déclaration des transactions s...

Programme de rachat d'actions propres - Déclaration des transactions sur actions propres réalisées du 29 avril 2024 au 3 mai 2024 Programme de rachat d’actions propres Déclaration des transactions sur actions propres réalisées du 29 avril 2024 au 3 mai 2024 Paris-La Défense, le 6 mai 2024 à 17h35, Conformément à la réglementation relative aux rachats d’actions, Assystem déclare ci-après les transactions sur actions propres réalisées du 29 avril 2024 au 3 mai 2024 : Présentation agrégée Nom de l'émetteurCode Identifiant de l'émetteurJour de la transactionCode identifiant de l'instrument...

Lanxess AG - December 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

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