Nous avons sélectionné 10 graphiques afin d’identifier les principaux drivers du secteur. Les Capex sont attendus en repli de 1.5% en 2026 après un rebond de 70% depuis le point bas de 2020. Cette baisse proviendra essentiellement du marché US (plus forte discipline compte tenu de points morts plus élevés). Nous privilégions SBM Offshore (Surperformance, OC 45 €), Vallourec (Surperformance, OC 22 € vs 20.8 €) et Technip Energies (Surperformance, OC 49 €) et adoptons une opinion plus prudente sur...
For the start of 2026, we have selected ten charts to identify the sector's main drivers. Capex is expected to fall by 1.5% in 2026 after a 70% rebound from the low point of 2020. This reduction will mainly come from the US market (greater discipline due to higher breakeven points). At this point in the year, we prefer SBM Offshore (Outperform, target price € 45), Vallourec (Outperform, target price € 22 vs € 20.8) and Technip Energies (Outperform, target price € 49) and have adopted a more caut...
Disclosure of the total number of voting rights and shares composing the share capital as at January 31, 2026 Disclosure of the total number of voting rights and shares composing the share capital as at January 31, 2026 Articles L. 233-8-II of the French Commercial Code and 223-16 of the General Regulation of the Autorité des Marchés Financiers Saint-Rémy-lès-Chevreuse, February 2, 2026 DateTotal number of sharesTheoretical total number of voting rights1Net total number of voting rights2January 31, 202637,117,77237,117,77237,063,615 Investor Relations Contact / 64 ...
Information relative au nombre total de droits de vote et d'actions composant le capital social au 31 janvier 2026 Information relative au nombre total de droits de vote et d’actions composant le capital social au 31 janvier 2026 Articles L. 233-8-II du Code de commerce et 223-16 du Règlement général de l’Autorité des marchés financiers Saint-Rémy-lès-Chevreuse, le 2 février 2026 DateNombre total d’actions composant le capitalNombre total de droits de vote théoriques1Nombre total de droits de vote nets231 janvier 202637 117 77237 117 77237 063 615 Contact Relations Investisseurs : / 64...
Half-year liquidity contract statement Half-year liquidity contract statement Saint-Rémy-lès-Chevreuse, January 12, 2026 Under the liquidity contract signed between GTT and Rothschild Martin Maurel, the following assets were booked to the liquidity account as at December 31, 2025: 0 GTT share€2,772,222 During the 2nd semester of 2025, the following were traded: Bought: 183,355 shares for €29,996,344.55 (5,088 transactions)Sold: 183,355 shares for €29,964,059.48 (4,436 transactions) As a reminder: At the previous half-year statement, as of June 30, 2025, the following assets were book...
Bilan semestriel du contrat de liquidité Bilan semestriel du contrat de liquidité Saint-Rémy-lès-Chevreuse, le 12 janvier 2026 Au titre du contrat de liquidité confié par la société GTT à Rothschild Martin Maurel, à la date du 31 décembre 2025, les moyens suivants figuraient au compte de liquidité : 0 action GTT2 772 222 euros Au cours du 2nd semestre 2025, il a été négocié un total de : À l’achat, 183 355 actions, pour un montant total de 29 996 344,55 euros (5 088 transactions)À la vente, 183 355 actions, pour un montant total de 29 964 059,48 euros (4 436 transactions) Il est rapp...
We hosted our 29th ODDO BHF Forum in Lyon on 8 and 9 January 2026. In total, 220 companies presented over the two days. In the following note, we provide some initial feedback from the companies on Day 2, in addition to Day 1 feedback (Link to Day 1 feedback). Key positive companies were Corbion, DEME, Elia Group, Knorr Bremse, Sulzer, Séché Environnement, Fraport, Vallourec and TUI. More cautious companies were Arkema, Fastned, INWIT, Manitou, Roche Bobois, Téléperformance, and Colonial SFL. T...
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