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Hans D’Haese ... (+2)
  • Hans D’Haese
  • Maxime Stranart

Colruyt/FY24/25 profit warning/BUY

We reiterate our BUY rating on Colruyt but reduce our target price from €48 to €45.5 following the profit warning management issued on Friday. Colruyt's share price has corrected by c.15% following this release, despite consensus needing only to cut estimates by c.5% at EBIT level, in our view. Furthermore, we believe that the competitive environment should improve for Colruyt, as: (1) we lap tough comps on competitors opening stores on Sundays; and (2) Colruyt's potential to also open on Sunday...

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Aalberts: 1Q25 in line, no material impact from tariffs yet. Aedifica, Cofinimmo: Bid on Cofinimmo from Aedifica. Colruyt: Profit warning on FY24/25. Shell: 1Q shows underlying strength, 2Q promising

Hilde Van Boxstael ... (+5)
  • Hilde Van Boxstael
  • Kristof Samoy
  • Michiel Declercq
  • Thomas Couvreur
  • Wim Lewi

Generali: 2 directors

Two Directors at Generali sold after exercising options/sold 242,984 shares at between 31.662EUR and 31.868EUR. The significance rating of the trade was 75/100. 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 compa...

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

Credit Morning 04/28/2025

Isabel Marant: improving Q4 results (main takeways)|Verallia: the board of directors issues a favourable opinion on the takeover bid|Mediobanca bids €6.3 bn for Banca Generali|

Carole Braudeau
  • Carole Braudeau

Morning Crédit 28/04/2025

Isabel Marant : résultats T4 supérieurs aux attentes (premiers éléments)|Verallia : le conseil d’administration émet un avis favorable à l’offre de rachat|Mediobanca lance une offre à 6.3 mds EUR sur Banca Generali|

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