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Guy Sips ... (+8)
  • Guy Sips
  • Hilde Van Boxstael
  • Jacob Mekhael
  • Lynn Hautekeete
  • Michiel Declercq
  • Thomas Couvreur
  • Wim Hoste
  • Wim Lewi
Wim Hoste
  • Wim Hoste

Tessenderlo Solid balance sheet and FCF generation create options

We appreciate the efforts to step up investor communication as evidenced by the recent analyst & asset manager day. Whilst business conditions in a number of end markets are still challenging, we still expect Tessenderlo to generate between € 150-200m FCF per annum in the coming years. Starting from a very solid balance sheet, capital allocation is a crucial theme in the equity story. Tessenderlo has recently embarked upon a new € 69m share buyback program and we view share buybacks as an excell...

Guy Sips ... (+11)
  • Guy Sips
  • Jacob Mekhael
  • Kristof Samoy
  • Lynn Hautekeete
  • Michiel Declercq
  • Sharad Kumar S.P
  • Thibault Leneeuw
  • Thomas Couvreur
  • Thomas Vranken
  • Wim Hoste
  • Wim Lewi

Dynamic Top Pick List Update May 2024 : Adding Fugro, Removing Arcadis

In this May edition of our Dynamic Top Pick List we replace Arcadis by Fugro. Arcadis continues to deliver consistently on its promises and is working hard to realise its 2026 margin targets via cross selling, leveraging its global engineering platform and numerous self-help measures. In spite of this we remove Arcadis from our Dynamic Top Pick List as the recent & strong share price performance leaves little room for further short term triggers As a service provider to the energy industry, Fu...

 PRESS RELEASE

argenx to Report First Quarter 2024 Financial Results and Business Upd...

argenx to Report First Quarter 2024 Financial Results and Business Update on May 9, 2024 May 2, 2024Amsterdam, the Netherlands – argenx (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, today announced that it will host a conference call and audio webcast on Thursday, May 9, 2024 at 2:30 PM CET (8:30 AM ET) to discuss its first quarter 2024 financial results and provide a business update. A webcast of the live call may be accessed on the Investors section of the argenx website at . A replay of the ...

 PRESS RELEASE

Weekly share repurchase program transaction details

Weekly share repurchase program transaction details April 30, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period April 25, 2024 through April 30, 2024. The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024 and effective from March 1, 2024. The objective of the program is to reduce share capital. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period March ...

Kristof Samoy ... (+5)
  • Kristof Samoy
  • Michiel Declercq
  • Sharad Kumar S.P
  • Thomas Vranken
  • Wim Hoste
Wim Hoste
  • Wim Hoste

Tessenderlo FIRST LOOK: Feedback analyst & asset manager day

At the occasion of its analyst & asset manager day in Ham, Tessenderlo reiterated its FY guidance of a flat adjusted EBITDA in FY24, which is about 32% below the peak year of FY22. The net cash position allows to pursue share buybacks, although management made it clear they would prefer to grow the company via additional investments (both organic and inorganic). Tessenderlo is a very diversified group with limited synergies between the various operations. Despite the limited liquidity and diffic...

 PRESS RELEASE

Euronext upgraded to ‘BBB+, Positive Outlook‘ by S&P

Euronext upgraded to ‘BBB+, Positive Outlook‘ by S&P Contacts Media Contact Investor Relations Amsterdam Brussels 27 Dublin 13 Lisbon 4   Milan 12 Oslo   Paris 45       Euronext upgraded to ‘BBB+, Positive Outlook‘ by S&P Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 30 April 2024 – Euronext, the leading pan-European market infrastructure, today welcomes the decision of S&P to upgrade Euronext from ‘BBB+, Stable Outlook’ to ‘BBB+, Positive Outlook’. S&P decision reflects the approaching completion of the integration of the Borsa Italia...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Alfen: Production resumed in mid-April, cost hit €5m. Exor: Read-across from Philips personal injury settlement. Philips: 1Q24 results – settlement reached. Recticel: 1Q24 in line with expectations. Sofina: Exit Petit Forestier

Hilde Van Boxstael ... (+6)
  • Hilde Van Boxstael
  • Sharad Kumar S.P
  • Thibault Leneeuw
  • Thomas Couvreur
  • Wim Hoste
  • Wim Lewi
 PRESS RELEASE

Weekly share repurchase program transaction details

Weekly share repurchase program transaction details April 24, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period April 18, 2024 through April 24, 2024. The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024 and effective from March 1, 2024. The objective of the program is to reduce share capital. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period March 1, ...

 PRESS RELEASE

Evs Invites Its Shareholders to the Ordinary General Meeting and an Ex...

Evs Invites Its Shareholders to the Ordinary General Meeting and an Extraordinary General Meeting on May 21, 2024 Publication on April 19, 2024, at 6:30 am before market openingRegulated informationEVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR) EVS INVITES ITS SHAREHOLDERS TO THE ORDINARY GENERAL MEETING AND AN EXTRAORDINARY GENERAL MEETING ON MAY 21, 2024 EVS Broadcast Equipment, leading provider of live video production systems, published today the invitation to its Ordinary General Meeting, to be held on May 21, 2024, at 11 am, at its ...

 PRESS RELEASE

EVS INVITE SES ACTIONNAIRES À L'ASSEMBLÉE GÉNÉRALE ORDINAIRE ET À UNE ...

EVS INVITE SES ACTIONNAIRES À L'ASSEMBLÉE GÉNÉRALE ORDINAIRE ET À UNE ASSEMBLÉE GÉNÉRALE EXTRAORDINAIRE LE 21 MAI 2024 Publication le 19 avril 2024, à 6h30 avant l’ouverture du marchéInformation réglementée EVS Broadcast Equipment S.A.: Euronext Bruxelles (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR) EVS INVITE SES ACTIONNAIRES À L'ASSEMBLÉE GÉNÉRALE ORDINAIRE ET À UNE ASSEMBLÉE GÉNÉRALE EXTRAORDINAIRE LE 21 MAI 2024 EVS Broadcast Equipment, principal fournisseur de systèmes de production vidéo en direct, a publié aujourd'hui la convocation à son Assemblée Générale Ordinaire, qui se...

 PRESS RELEASE

Weekly share repurchase program transaction details

Weekly share repurchase program transaction details April 17, 2024 SBM Offshore reports the transaction details related to its EUR65 million (c. US$70 million) share repurchase program for the period April 11, 2024 through April 17, 2024. The repurchases were made under the EUR65 million share repurchase program announced on February 29, 2024 and effective from March 1, 2024. The objective of the program is to reduce share capital. Information regarding the progress of the share repurchase program and the aggregate of the transactions (calculated on a daily basis) for the period March 1, ...

 PRESS RELEASE

SBM Offshore signs a US$250 million short-term corporate facility

SBM Offshore signs a US$250 million short-term corporate facility April 17, 2024 SBM Offshore is pleased to announce that it has secured a US$250 million term loan facility. The facility will be fully drawn in the coming days to finance Floating Production, Storage and Offloading vessel (FPSO) construction activities. The tenor of the bridge loan is twelve months with an extension option for another six months. Repayment is expected from first drawdown of the construction financing of FPSO Jaguar. Corporate Profile SBM Offshore designs, builds, installs and operates offshore float...

Guy Sips ... (+5)
  • Guy Sips
  • Kristof Samoy
  • Michiel Declercq
  • Thomas Vranken
  • Wim Lewi
Thomas Vranken
  • Thomas Vranken

argenx FIRST LOOK: Additional CIDP data at AAN

argenx announced additional detail on its Phase 3 ADHERE data with Vyvgart Hytrulo, showcasing its speed of onset and depth of response. We believe that Vyvgart Hytrulo is well positioned vs. the approved standard-of-care IVIg/SCIg across patient types, and look forward to the FDA decision (PDUFA: June 21, 2024). € 435 TP and Buy rating reiterated.

 PRESS RELEASE

argenx Data Highlight Evidence that VYVGART and VYVGART Hytrulo Drive ...

argenx Data Highlight Evidence that VYVGART and VYVGART Hytrulo Drive Transformative Outcomes for Patients with Debilitating Autoimmune Disease ADHERE data show VYVGART® Hytrulo has potential to be first advancement for CIDP patients in 30 years Real-world data demonstrate gMG patients able to significantly reduce steroid use over first six months of initiating VYVGART® treatment April 16, 2024 – 7:00am CET Amsterdam, the Netherlands – argenx SE (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, ...

David Seynnaeve ... (+2)
  • David Seynnaeve
  • PhD

argenx - New CIDP & gMG data further underlines VYVGART (Hytrulo)'s va...

• ARGX shared additional results from the ADHERE (open-label) study and real-world data from gMG patients at the AAN Annual Meeting. • Data indicates rapid, deep, and clinically meaningful/sustained improvements in CIDP & with ability to reduce steroid burden (gMG). • We expect a positive outcome of the decision on regulatory approval for CDP by June 21 (85% LoA, +4% impact on TP) and currently project low double-digit million in sales this year. This might seem rather conservative (vs. gMG init...

 PRESS RELEASE

Annual General Meeting 2024 Resolutions (correction of dividend record...

Annual General Meeting 2024 Resolutions (correction of dividend record date) April 15, 2024 SBM Offshore announces with reference to the press release published on April 12, 2024, a correction of the dividend record date as per the updated text below. SBM Offshore is pleased to announce that all resolutions were adopted as proposed during the Annual General Meeting of April 12, 2024. The adopted resolutions include the appointment of Patrick Jager as member of the Supervisory Board. Shareholders also voted in favor of the proposed all cash dividend of US$150 million, which represents a ...

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