reports
- Emmanuel Matot
- Jean Danjou
- Oliver Metzger
ODDO BHF Small & MIDC AP MORNING NEWS - 07/02/2024
The ‘quality growth’ ODDO BHF London Forum took place last week with 20 companies from Germany, Benelux, Spain and France in attendance. We organised 289 meetings, with around 100 investors. Going into the Q2 2024 earnings season, the stance was, unsurprisingly, largely in line with recent statements. But we were favourably impressed by CIE Automotive, ID Logistics (target price raised to € 410 vs € 380), Spie, TKH, Fugro and Lectra. We have adjusted our forecasts for five companies (...
- Emmanuel Matot
- Jean Danjou
- Oliver Metzger
ODDO BHF Small & MIDCAP MORNING NEWS - 02/07/2024
Le ODDO BHF London Forum ‘quality growth’ s’est déroulé la semaine dernière avec 20 sociétés allemandes, du Bénélux, espagnoles ou françaises. Nous avons organisé 289 meetings, avec une centaine d’investisseurs. A l’approche des résultats du T2 2024, les discours ont, sans surprise, peu dévié des communications récentes. Mais, nous avons été favorablement impressionnés par CIE Automotive, ID Logistics (OC relevé à 410 € vs 380 €), Spie, TKH, Fugro et Lectra. Nous avons modifié nos pré...
- Emna Ben Bdira
- Maxime Kogge
Aperam : Q2 preview: can one swallow make a summer?
>Encouraging comments on value adjustments in Q2 and on current trading - We recapped on the situation with the company following the update published yesterday morning in which it confirmed all the Q2 guidance items. The group had indicated at the time of the earnings release on 3 May 2024 that it expected adjusted EBITDA to rise on Q1 (€ 55m) but to a lower level than that anticipated by the consensus. The latter then stood at € 93m according to Visible Alpha and it...
- Emna Ben Bdira
- Maxime Kogge
Aperam : Preview T2 : une hirondelle fait-elle le printemps ?
>Commentaires encourageants sur les ajustements de valeur au T2 et l’activité T3 - Nous avons fait le point avec la société suite à l’update publié hier matin dans lequel elle avait confirmé l’ensemble des items de sa guidance T2. Pour mémoire, le groupe avait indiqué début mai à l’issue du T1 tabler sur un EBITDA ajusté en hausse vs T1 (55 M€) mais à un niveau inférieur à celui anticipé par le consensus. Celui-ci était alors de 93 M€ selon Visible Alpha et il s’est e...
Aperam update on Q2 2024 market & financial trends
Aperam S.A. / Key word(s): Miscellaneous Aperam update on Q2 2024 market & financial trends 01-Jul-2024 / 06:59 CET/CEST Aperam update on Q2 2024 market & financial trends Luxembourg, July 1, 2024 (07:00 CET) - In preparation of the quarterly results release scheduled for 1 August 2024, we would like to remind market participants of the standing guidance, earnings drivers and events that should be considered. The Q2 outlook, as specified in the Q1 presentation, the management podcast and during the conference call was: Q2 group adj. EBITDA higher than Q1-24 (EUR55m) but...
Aperam : actualisation sur les tendances du marché et des finances pou...
Aperam S.A. / Mot-clé(s) : Autres Aperam : actualisation sur les tendances du marché et des finances pour le deuxième trimestre 2024 01-Juil-2024 / 06:59 CET/CEST Aperam update on Q2 2024 market & financial trends Luxembourg, July 1, 2024 (07:00 CET) - In preparation of the quarterly results release scheduled for 1 August 2024, we would like to remind market participants of the standing guidance, earnings drivers and events that should be considered. The Q2 outlook, as specified in the Q1 presentation, the management podcast and during the conference call was: Q2 group ...
Aperam announces a Shareholding notification with reference to Transpa...
Aperam S.A. / Key word(s): Miscellaneous Aperam announces a Shareholding notification with reference to Transparency Law 12-Jun-2024 / 16:29 CET/CEST Shareholding Notification with Reference to Transparency Law Luxembourg, 12 June 2024 (16:30 CET) - Aperam announces that a shareholding notification is available in the Luxembourg Stock Exchange’s electronic database OAM on and on the company’s website under Investors > Equity Investors > Share Capital & Voting Rights. The notification is published in reference to the Luxembourg law and the Grand Ducal regulation of 11 January 20...
Aperam annonce une Notification de participation en vertu des obligati...
Aperam S.A. / Mot-clé(s) : Autres Aperam annonce une Notification de participation en vertu des obligations de la Loi Transparence 12-Juin-2024 / 16:29 CET/CEST Shareholding Notification with Reference to Transparency Law Luxembourg, 12 June 2024 (16:30 CET) - Aperam announces that a shareholding notification is available in the Luxembourg Stock Exchange’s electronic database OAM on and on the company’s website under Investors > Equity Investors > Share Capital & Voting Rights. The notification is published in reference to the Luxembourg law and the Grand Ducal regulation of 11...
Aperam announces a Shareholding notification with reference to Transpa...
Aperam S.A. / Key word(s): Miscellaneous Aperam announces a Shareholding notification with reference to Transparency Law 10-Jun-2024 / 14:29 CET/CEST Shareholding notification with reference to Transparency Law Luxembourg, 10 June 2024 (14:30 CET) - Aperam announces that a shareholding notification is available in the Luxembourg Stock Exchange’s electronic database OAM on and on the company’s website under Investors, Equity Investors, Share Capital & Voting Rights. The notification is published in reference to the Luxembourg law and the Grand Ducal regulation of 11 January 2008...
Aperam annonce une Notification de participation en vertu des obligati...
Aperam S.A. / Mot-clé(s) : Autres Aperam annonce une Notification de participation en vertu des obligations de la Loi Transparence 10-Juin-2024 / 14:29 CET/CEST Shareholding notification with reference to Transparency Law Luxembourg, 10 June 2024 (14:30 CET) - Aperam announces that a shareholding notification is available in the Luxembourg Stock Exchange’s electronic database OAM on and on the company’s website under Investors, Equity Investors, Share Capital & Voting Rights. The notification is published in reference to the Luxembourg law and the Grand Ducal regulation of 11 J...
Aperam announces cancellation of shares
Aperam S.A. / Key word(s): Share Buyback/Corporate Action Aperam announces cancellation of shares 29-May-2024 / 08:30 CET/CEST Aperam announces cancellation of shares Luxembourg, May 29, 2024 (08:30 CET) - Aperam (« Aperam », or « the Company ») (Amsterdam, Luxembourg, Paris, Brussels: APAM et NYRS: APEMY), announced today the cancellation of shares. Aperam announced that 4,852,118 shares have been cancelled in line with its financial policy. This cancellation takes into account shares already purchased under the 2.5 millions share buyback program announced on 11...
Aperam announces cancellation of shares
Aperam S.A. / Mot-clé(s) : Rachat d’actions/Mesure de capital Aperam announces cancellation of shares 29-Mai-2024 / 08:30 CET/CEST Aperam announces cancellation of shares Luxembourg, May 29, 2024 (08:30 CET) - Aperam (« Aperam », or « the Company ») (Amsterdam, Luxembourg, Paris, Brussels: APAM et NYRS: APEMY), announced today the cancellation of shares. Aperam announced that 4,852,118 shares have been cancelled in line with its financial policy. This cancellation takes into account shares already purchased under the 2.5 millions share buyback program announced o...
Aperam announces a change in its Senior Leadership team
Aperam S.A. / Key word(s): Miscellaneous Aperam announces a change in its Senior Leadership team 27-May-2024 / 16:58 CET/CEST Aperam announces a change in its Senior Leadership team Luxembourg, May 27, 2024 (17:00 CET) - Aperam, a leading stainless steel company, announced today a change in its senior leadership. Bernard Hallemans, Aperam CTSO and CEO of Aperam Recycling, has decided to take a one year sabbatical leave from his position effective August 1st 2024. Under Bernard’s leadership, Aperam has taken important steps on its Sustainability roadmap and has started to ...
Aperam announces a change in its Senior Leadership team
Aperam S.A. / Mot-clé(s) : Autres Aperam announces a change in its Senior Leadership team 27-Mai-2024 / 16:58 CET/CEST Aperam announces a change in its Senior Leadership team Luxembourg, May 27, 2024 (17:00 CET) - Aperam, a leading stainless steel company, announced today a change in its senior leadership. Bernard Hallemans, Aperam CTSO and CEO of Aperam Recycling, has decided to take a one year sabbatical leave from his position effective August 1st 2024. Under Bernard’s leadership, Aperam has taken important steps on its Sustainability roadmap and has started to realize...
AMS AMS AG
APAML APERAM SA
EVT EVOTEC SE
SBS STRATEC SE
ELG ELMOS SEMICONDUCTOR SE
TPE PVA TEPLA AG
BVB BORUSSIA DORTMUND GMBH & CO. KGAA
MBB MBB INDUSTRIES SE
PNL POSTNL NV
SOI SOITEC SA
ASM ASM INTERNATIONAL N.V.
MBWS MARIE BRIZARD WINE & SPIRITS SA
AIXA AIXTRON SE
ECV ENCAVIS AG
PFV PFEIFFER VACUUM TECHNOLOGY AG
ATS AT & S AUSTRIA TECHNOLOGIE & SYSTEMTECHNIK AKTIENGESELLSCHAFT
WAF SILTRONIC AG
MELE MELEXIS NV
TWEKA TKH GROUP N.V. CERT
SMHN SUESS MICROTEC AG
VACN VAT GROUP AG
XFAB X-FAB SILICON FOUNDRIES SE
ASML ASML HOLDING NV
STM STMICROELECTRONICS NV
BESI BE SEMICONDUCTOR INDUSTRIES N.V.
ALKAL KALRAY SA
JEN JENOPTIK AG
AF AIR FRANCE - KLM
ARM ARM HOLDINGS PLC
- Emna Ben Bdira
- Maxime Kogge
Aperam : Q1 post-view: still subdued European backdrop, target price c...
>Unencouraging outlook for Q2 - Aperam’s Q1 release was not welcomed by the market despite EBITDA coming slightly above consensus at € 55m. The market sanctioned the mixed outlook with Q2 EBITDA expected to be up vs Q1 but stand below current expectations (€ 93m according to Visible Alpha). This cautious message is due to difficulties in ramping up the recently revamped hot rolling mill in Brazil and a strike at Gueugnon in France as well as to still weak demand. At t...
AMS AMS AG
APAML APERAM SA
EVT EVOTEC SE
SBS STRATEC SE
ELG ELMOS SEMICONDUCTOR SE
TPE PVA TEPLA AG
BVB BORUSSIA DORTMUND GMBH & CO. KGAA
MBB MBB INDUSTRIES SE
PNL POSTNL NV
SOI SOITEC SA
ASM ASM INTERNATIONAL N.V.
MBWS MARIE BRIZARD WINE & SPIRITS SA
AIXA AIXTRON SE
ECV ENCAVIS AG
PFV PFEIFFER VACUUM TECHNOLOGY AG
ATS AT & S AUSTRIA TECHNOLOGIE & SYSTEMTECHNIK AKTIENGESELLSCHAFT
WAF SILTRONIC AG
MELE MELEXIS NV
TWEKA TKH GROUP N.V. CERT
SMHN SUESS MICROTEC AG
VACN VAT GROUP AG
XFAB X-FAB SILICON FOUNDRIES SE
ASML ASML HOLDING NV
STM STMICROELECTRONICS NV
BESI BE SEMICONDUCTOR INDUSTRIES N.V.
ALKAL KALRAY SA
JEN JENOPTIK AG
AF AIR FRANCE - KLM
ARM ARM HOLDINGS PLC
- Emna Ben Bdira
- Maxime Kogge
Aperam : Postview T1 : contexte sectoriel européen toujours peu propic...
>Perspectives peu encourageantes sur le T2 - La publication T1 d’Aperam a été mal accueillie par le marché malgré un EBITDA de 55 M€ légèrement au-dessus du consensus. Le marché a sanctionné les perspectives mitigées avec un EBITDA T2 attendu en hausse vs T1 mais à un niveau inférieur au consensus actuel (93 M€ selon Visible Alpha). Ce discours prudent s’explique par les difficultés de mise en service du nouveau laminoir à chaud au Brésil et par une grève sur le site ...
- Jerôme Bodin
ODDO BHF Small & MIDCAP MORNING NEWS - 03/05/2024
Founded in 1959, Leifheit AG is one of the leading European brand suppliers of household items. The group divides its operating business into the household, wellbeing and private label segments. In view of its growing turnover (CAGR of +2.8% for 2023 to 2026e) and EBIT margins (+290bp to 5.2% in 2026e vs 2023), as well as its solid financial profile (equity ratio of about 50%, average net cash position of c. € 40m for 2024e to 2026e, average positive FCF of c. € 11m for 2024e to 2026e...
- Jerôme Bodin
ODDO BHF Small & MIDCAP MORNING NEWS - 05/03/2024
Founded in 1959, Leifheit AG is one of the leading European brand suppliers of household items. The group divides its operating business into the household, wellbeing and private label segments. In view of its growing turnover (CAGR of +2.8% for 2023 to 2026e) and EBIT margins (+290bp to 5.2% in 2026e vs 2023), as well as its solid financial profile (equity ratio of about 50%, average net cash position of c. € 40m for 2024e to 2026e, average positive FCF of c. € 11m for 2024e to 2026e...
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.