reports
- Ana Arjona-Martinez
- Yan Derocles
Fraport : Q1 impacted by strikes, rest of 2024 expected to improve ste...
>Moderate start of the year in Frankfurt after traffic impacted by strikes… - Frankfurt airport handled 12.5m passengers during the first quarter of 2024, up +10.4% and a recovery to just 84.7% vs the 2019 level (March 82.4%; February 84.6%, January 87.4%).The first quarter was impacted by several days of strikes and bad weather conditions that affected airport operations and led to the cancellations of flights, according to the company, these resulted in the loss of ...
- Benoit Valleaux
Allianz : Un RO solide attendu au T1 2024
>Nous prévoyons un RO de 3.9 Md€ au T1 2024 - Allianz publiera son RN du T1 2024 le 15 mai prochain. Nous prévoyons un RO de 3 886 M€ (+4.2%), en ligne avec le consensus (3 897 M€, +4.4%e). Le T1 devrait ainsi, selon nous, confirmer la capacité d’Allianz de publier un RO en année pleine 2024 dans le haut de la fourchette cible (14.8 Md€, +/- 1 Md€, sachant que 1/4 du point moyen de la fourchette cible équivaudrait à 3.7 Md€ de RO/trimestre en moyenne sur 2024). Pour r...
- Benoit Valleaux
- Roland Pfaender
- MBA
- CFA
- CCRA
AXA : Fortes augmentations tarifaires en assurance dommages de particu...
>Les revenus du groupe sont en hausse de 6% en comparable au T1 - AXA a publié hier soir après Bourse ses indicateurs d’activité du T1 et tiendra ce matin sa conférence téléphonique investisseurs. Les revenus totaux du groupe se sont élevés à 33 972 M€ (+6.8% en publié, +6% à données comparables), légèrement inférieurs à notre attente (34 345 M€), mais légèrement supérieurs au consensus (33 776 M€). En assurance dommages, les revenus ont été de 19.8 Md€ (+7% à donnée...
CREDIT AGRICOLE SA: Q1-2024 Results : THE GROUP CONTINUES TO GROW
CREDIT AGRICOLE SA: Q1-2024 Results : THE GROUP CONTINUES TO GROW THE GROUP CONTINUES TO GROW CASA AND CAG STATED AND UNDERLYING DATA Q1-2024 CRÉDIT AGRICOLE S.A. CRÉDIT AGRICOLE GROUP Stated Underlying Stated Underlying Revenues €6,806m+11.2% Q1/Q1 €6,797m+10.5% Q1/Q1 €9,525m+6.7% Q1/Q1 €9,475m+5.8% Q1/Q1 Expenses -€3,669m-4.5% Q1/Q1 -€3,649m-5.0% Q1/Q1 -€5,589m-5.4% Q1/Q1 -€5,569m-5.8% Q1/Q1 Gross Operating Income €3,137m+37.6% Q1/Q1 €3,148m+36.1% Q1/Q1 €3,936m+30.4% Q1/Q...
CREDIT AGRICOLE SA : Résultats T1-2024 : LE GROUPE POURSUIT SON DEVELO...
CREDIT AGRICOLE SA : Résultats T1-2024 : LE GROUPE POURSUIT SON DEVELOPPEMENT LE GROUPE POURSUIT SON DÉVELOPPEMENT DONNÉES PUBLIÉES ET SOUS-JACENTES CASA ET GCA T1-2024 CRÉDIT AGRICOLE S.A. GROUPE CRÉDIT AGRICOLE Publié Sous-jacent Publié Sous-jacent Revenus 6 806 m€+11,2% T1/T1 6 797 m€+10,5% T1/T1 9 525 m€+6,7% T1/T1 9 475 m€+5,8% T1/T1 Charges - 3 669 m€-4,5% T1/T1 - 3 649 m€-5,0% T1/T1 - 5 589 m€-5,4% T1/T1 - 5 569 m€-5,8% T1/T1 Résultat Brut d’Exploitation 3 137 m€+37,6% T1/T1 ...
- ABGSC Capital Goods Research
- Anders Idborg
- Karl Bokvist
- Olof Cederholm
VOLV B VOLVO AB CLASS B
WRT1V WARTSILA OYJ ABP
ABB ABB LTD.
SAND SANDVIK AB
TREL B TRELLEBORG AB CLASS B
MOCORP METSO OUTOTEC OYJ
ASSA B ASSA ABLOY AB CLASS B
SKF B SKF AB CLASS B
HPOL B HEXPOL AB CLASS B
ALFA ALFA LAVAL AB
MTRS B MUNTERS GROUP
HEXA B HEXAGON AB
EPI A EPIROC AB
NIBE B NIBE INDUSTRIER AB
ATCO A ATLAS COPCO AB
ALIV SDB AUTOLIV INC.
Societe Generale: First quarter 2024 earnings
Societe Generale: First quarter 2024 earnings RESULTS AT 31 MARCH 2024 Press release Paris, 3 May 2024 QUARTERLY RESULTS Quarterly revenues of EUR 6.6 billion, stable vs. Q1 23 (-0.4%), driven by very good performances of Global Banking and Investor Solutions, Private Banking and International Retail Banking, an increase in revenues and net interest income in France compared with Q4 23, despite a shift from sight deposits to remunerated savings, and a stabilisation of margins as well as the normalisation of used car sales’ result...
Société Générale : Résultats du premier trimestre 2024
Société Générale : Résultats du premier trimestre 2024 RÉSULTATS AU 31 MARS 2024 Communiqué de presse Paris, le 3 mai 2024 RÉSULTATS TRIMESTRIELS Revenus trimestriels à 6,6 milliards d’euros, stables vs. T1-23 (-0,4%), portés par les très bonnes performances de la Banque de Grande Clientèle et Solutions Investisseurs, de la Banque Privée et de la Banque de Détail à l’International, une hausse des revenus et de la marge nette d’intérêt en France par rapport au T4-23, en dépit du transfert de dépôts à vue vers l’épargne rémunérée, ...
- Rune Majlund Dahl
Novo Nordisk (Buy, TP: DKK1100.00) - Small guidance raise
Q1 LCY figures beat consensus due to US rebate adjustments related to 2023 adding c5%-points to LCY growth and low SG&A cost boosting EBIT growth in Q1. Wegovy sales were below consensus but above our forecast, and we have therefore adjusted our rebate assumptions for 2024. The 2024 guidance was raised to LCY sales growth of 19–27% (18–26%) and LCY operating profit growth of 22–30% (21–29%). We reiterate our BUY and DKK1,100 target price.
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...
Disclosure Of the Number of Shares Forming the Capital and of the Tota...
Disclosure Of the Number of Shares Forming the Capital and of the Total Number of Voting Rights as of 30 April 2024 French public limited company (société anonyme)with a share capital of €1,473,943,102.50Registered office : 1973, boulevard de la Défense92000 Nanterre – France552 037 806 RCS Nanterre DISCLOSUREOF THE NUMBER OF SHARES FORMING THE CAPITALAND OF THE TOTAL NUMBER OF VOTING RIGHTSAS OF 30 APRIL 2024 Total number of shares589,577,241Theoretical number of voting rights (including treasury stock)589,577,241Number of voting rights (excluding treasury stock)571,192,066 This disclosu...
- Carole Braudeau
- Konrad Zomer
- Thomas Zlowodzki
LHA DEUTSCHE LUFTHANSA AG
MT ARCELORMITTAL SA
GALP GALP ENERGIA SGPS SA CLASS B
DBK DEUTSCHE BANK AG
FORTUM FORTUM OYJ
DAI DAIMLER AG
RXL REXEL SA
TEP TELEPERFORMANCE SE
WKL WOLTERS KLUWER NV
REE RED ELECTRICA CORP. SA
ORSTED ORSTED
GN GN STORE NORD A/S
VOW3 VOLKSWAGEN AG PREF
CAP CAPGEMINI SE
NEM NEMETSCHEK SE
RAA RATIONAL AG
AENA AENA SME SA
CABK CAIXABANK SA
WLN WORLDLINE SA
INGA ING GROEP NV
BBVA BANCO BILBAO VIZCAYA ARGENTARIA S.A.
STLA STELLANTIS N.V.
SHEL SHELL PLC
GSK GSK PLC
DSFIR KONINKLIJKE DSM N.V.
NOVO B NOVO NORDISK A/S
- Konrad Zomer
- Thomas Zlowodzki
ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/02/2024
We are removing GALP from our ODDO BHF European Large Caps list. The stock has chalked up a performance of +31.3% since its inclusion in the list on 20 March. Our analyst is adopting today a Neutral recommendation (vs Outperform) on the stock. - ...
LHA DEUTSCHE LUFTHANSA AG
MT ARCELORMITTAL SA
GALP GALP ENERGIA SGPS SA CLASS B
DBK DEUTSCHE BANK AG
FORTUM FORTUM OYJ
DAI DAIMLER AG
RXL REXEL SA
TEP TELEPERFORMANCE SE
WKL WOLTERS KLUWER NV
REE RED ELECTRICA CORP. SA
ORSTED ORSTED
GN GN STORE NORD A/S
VOW3 VOLKSWAGEN AG PREF
CAP CAPGEMINI SE
NEM NEMETSCHEK SE
RAA RATIONAL AG
AENA AENA SME SA
CABK CAIXABANK SA
WLN WORLDLINE SA
INGA ING GROEP NV
BBVA BANCO BILBAO VIZCAYA ARGENTARIA S.A.
STLA STELLANTIS N.V.
SHEL SHELL PLC
GSK GSK PLC
DSFIR KONINKLIJKE DSM N.V.
NOVO B NOVO NORDISK A/S
- Carole Braudeau
- ING Helpdesk
Benelux Morning Notes
Aedifica: First sign of portfolio valuation stabilization. ArcelorMittal: Solid 1Q24 EBITDA beat, softer FCF reflects WC and CAPEX phasing. Belgian telcos: Peer Telenet 1Q24 results, still weak commercial performance. dsm-firmenich AG: Vita-still not-min. IBA: Contract to install a P1 system in Connecticut. KPN: VodafoneZiggo 1Q24 results confirm fixed losses, mobile weaker QoQ. Shell plc: Good start to the year
- Emna Ben Bdira
- Maxime Kogge
ArcelorMittal : Sound Q1 driven by NorthAm and Brazil, Europe and Mini...
>Solid Q1 thanks to NorthAm and Brazil, Europe and Mining more subdued - ArcelorMittal just released solid Q1 results with EBITDA of $ 1.96bn, 9% above the consensus and 4% above ODDO BHF. The beat was mostly driven by good price and cost development while volumes were broadly in line. EBITDA improved 35% q-o-q thanks to seasonally higher volumes and higher prices but slid 9% y-o-y as 2023 had seen even stronger prices and volumes. Net income was a stronger beat at $ ...
- Emna Ben Bdira
- Maxime Kogge
ArcelorMittal : Sound Q1 driven by NorthAm and Brazil, Europe and Mini...
>Solid Q1 thanks to NorthAm and Brazil, Europe and Mining more subdued - ArcelorMittal just released solid Q1 results with EBITDA of $ 1.96bn, 9% above the consensus and 4% above ODDO BHF. The beat was mostly driven by good price and cost development while volumes were broadly in line. EBITDA improved 35% q-o-q thanks to seasonally higher volumes and higher prices but slid 9% y-o-y as 2023 had seen even stronger prices and volumes. Net income was a stronger beat at $ ...
VINCI to take part in the Great Grid Partnership programme in the Unit...
VINCI to take part in the Great Grid Partnership programme in the United Kingdom Nanterre, 02 May 2024 VINCI to take part in the Great Grid Partnership programme in the United Kingdom. OTW, a joint-venture between VINCI Energies and VINCI Construction in the UK, has been set up A set of several projects to connect the British grid to the new offshore wind farms by 2030 VINCI, through OTW, selected to take part in these projects In the United Kingdom, Omexom UK & RoI (subsidiary of VINCI Energies) and Taylor Woodrow (subsidiary of VINCI Construction), have set up a joint-venture, OTW, ...
- Delphine Brault
- Quentin Borie
Rexel : Après un T1 un peu inférieur aux attentes, le groupe compte su...
>CA T1 : des volumes à -3.1% et des prix (hors câbles) stables - Rexel a publié mardi un CA T1 2024 légèrement inférieur aux attentes, à 4.7 Md€, affichant un recul en données comparables et à nombre de jours constant de 4.6% (consensus -3.9%), pénalisé notamment par l’Europe (-6.9%) du fait des pays nordiques (-19.9%), de l’Allemagne (-10.1%) et du Benelux (-10.6%). La France et l’Amérique du Nord résistent mieux (-1.9% et -1.1% respectivement). Comme anticipé,...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.