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Jean-François Granjon
  • Jean-François Granjon
ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Avantium: Nearly there. Zabka: 4Q25 Preview

Jean-François Granjon
  • Jean-François Granjon
ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

dsm-firmenich: To 2027 and beyond. GBL: NAV a bit below INGF, dividend reset to stable, moving to reinvestment phase. Sif Group: Good 4Q25, solid FY26 outlook, uncertainty for short-term tender pipeline

Martial Descoutures ... (+2)
  • Martial Descoutures
  • Oussema Denguir
Martial Descoutures ... (+2)
  • Martial Descoutures
  • Oussema Denguir
ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Allfunds Group plc: Business as usual. Basic-Fit: Good news - senior unsecured convertible bonds due 2028 put option waiver. D'Ieteren: Belgian February new car registrations down 7.7%, VW down 13.1% EVS: Analyst meeting feedback. Sif Group: Preview - order intake window rapidly closing. Wereldhave: €250m refinanced

Carole Braudeau
  • Carole Braudeau

Credit Morning 03/02/2026

Picard: sharp deleveraging in Q3 thanks to strong free cash flow despite slightly weaker sales|THOM Group: a more reassuring start to Q2, guidance maintained, strategic measures developed.|SoftBank Group will invest an additional $ 30bn in OpenAI|Airlines and Chemicals: potential impacts from the war in Iran|

Carole Braudeau
  • Carole Braudeau

Morning Crédit 02/03/2026

Picard : solide diminution du levier au T3 grâce à un bon free cash-flow malgré un CA un peu faible|THOM : un début de T2 plus rassurant, guidances maintenues, mesures stratégiques développées|SoftBank va investir 30 mds USD supplémentaires dans OpenAI|Airlines and Chemicals: potential impacts from the war in Iran|

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