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Carole Braudeau
  • Carole Braudeau

Credit Morning 09/30/2024

ZF Friedrichshafen: Substantial guidance cut Volkswagen announces its second profit warning of the year>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 30/09/2024

ZF Friedrichshafen : Substantial guidance cutVolkswagen annonce son second profit warning de l’année>...

Anthony Dick ... (+2)
  • Anthony Dick
  • Michael Foundoukidis

Volkswagen (pref) : Profit warning on deteriorating fundamentals, part...

>VW follows peers, but warning driven by weakening fundamentals - On Friday evening, Volkswagen announced a new cut to its FY outlook for this year which, this time, was entirely driven by weaker fundamentals and not linked to any one-offs. In this respect, it is closer to that issued by Mercedes-Benz (vs Porsche or BMW which primarily blamed supply-chain issues), even though there was no specific mention of China (mostly below EBIT at VW) but rather a general deterio...

Anthony Dick ... (+2)
  • Anthony Dick
  • Michael Foundoukidis

Volkswagen (pref) : Profit warning on deteriorating fundamentals, part...

>VW follows peers, but warning driven by weakening fundamentals - On Friday evening, Volkswagen announced a new cut to its FY outlook for this year which, this time, was entirely driven by weaker fundamentals and not linked to any one-offs. In this respect, it is closer to that issued by Mercedes-Benz (vs Porsche or BMW which primarily blamed supply-chain issues), even though there was no specific mention of China (mostly below EBIT at VW) but rather a general deterio...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 26/09/2024

IHO: Moody’s adopts negative outlook on IHOJCDecaux : Contrats publicitaires à StockholmUbisoft : profit warning, difficultés à sortir des jeux à succès>...

Carole Braudeau
  • Carole Braudeau

Credit Morning 09/26/2024

IHO: Moody’s adopts negative outlook on IHOJCDecaux: Advertising contracts in StockholmUbisoft: profit warning, difficulties in releasing hit games>...

Research Department
  • Research Department

IBERIAN DAILY 26 SEPTEMBER (ANÁLISIS BANCO SABADELL)

NEWS SUMMARY: ECOENER, GREENING, GRIFOLS, TELEFÓNICA. Optimism wanes It was a negative session on European stock markets after the gains from the past few days that had brought the IBEX above 11,800 points and a high since 2015. In the STOXX 600, the best-performing sectors were Consumer Goods and Household Goods, with Energy and Autos suffering the biggest losses. On the macro side, in the US, new home sales fell less than expected. The Congress approved a measure to a avoid the shutdown until...

Carole Braudeau
  • Carole Braudeau

Credit Morning 09/23/2024

Atalian has extended the term of its €250m factoring facilityCommerzbank: German authorities no longer intend to sell the remaining 12% until further noticeCMA CGM is to acquire port terminal operator Santos Brasil>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 23/09/2024

Atalian a prolongé l’échéance de sa ligne d’affacturage de 250 m EURCommerzbank : les autorités allemandes ne comptent plus céder les 12% restants jusqu’à nouvel ordreCMA CGM va racheter l'opérateur de terminaux portuaires Santos Brasil>...

Carole Braudeau
  • Carole Braudeau

Credit Morning 09/20/2024

Ardagh Group: Platinum Equity close to buying Trivium>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 20/09/2024

Ardagh Group : Platinum Equity serait proche d’un rachat de Trivium>...

 PRESS RELEASE

Extension of the accelerated safeguard proceedings period

Extension of the accelerated safeguard proceedings period Press release Extension of the accelerated safeguard proceedings period Paris, France – September 19, 2024. As stated in the July 24, 2024 press release, the specialized Commercial Court of Nanterre opened accelerated safeguard proceedings to the benefit of Atos SE (“Atos” or the “Company”) on July 23, 2024, for an initial period of two months, renewable for two additional months. The Company announces today that it has obtained, from the specialized Commercial Court of Nanterre, the additional two-months initially planned for the...

 PRESS RELEASE

Prorogation de la période de sauvegarde accélérée

Prorogation de la période de sauvegarde accélérée Communiqué de presse Prorogation de la période de sauvegarde accélérée Paris, France, le 19 septembre 2024 Comme indiqué dans le communiqué de presse du 24 juillet 2024, le Tribunal de Commerce spécialisé de Nanterre a ouvert une procédure de sauvegarde accélérée au bénéfice d’Atos SE (« Atos » ou la « Société ») le 23 juillet 2024, pour une durée initiale de deux mois, renouvelable pour deux mois supplémentaires. La Société annonce aujourd’hui avoir obtenu, du Tribunal de Commerce spécialisé de Nanterre, les deux m...

Carole Braudeau
  • Carole Braudeau

Credit Morning 09/18/2024

Nexans: Uncertainty over a major project seems to be over after the approval of the Cyprus government Cerba: Moody’s cuts the rating to Caa1/stable from B3/negative>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 18/09/2024

Nexans: Uncertainty over a major project seems to be over after the approval of the Cyprus government Cerba : Moody’s dégrade le rating de B3/négative à Caa1/stable>...

 PRESS RELEASE

Availability of the adjusted draft accelerated safeguard plan

Availability of the adjusted draft accelerated safeguard plan Press release Availability of the adjusted draft accelerated safeguard plan Paris, France - September 16, 2024. As indicated in the September 6, 2024 press release, the shareholders of Atos SE (the “Company”) and the affected financial creditors, meeting as classes of affected parties, have been convened to vote on the draft accelerated safeguard plan submitted to them, under the conditions indicated in this press release. The Company today informs all the affected parties of the availability online of an adjusted version of...

Carole Braudeau
  • Carole Braudeau

Credit Morning 09/16/2024

Rexel rebuffs QXO's non-binding offer The Italian government is considering restrictions on Fnac Darty’s offer for Unieuro Playtech reaches agreement with Caliplay>...

Carole Braudeau
  • Carole Braudeau

Morning Crédit 16/09/2024

Rexel a rejeté une proposition non-engageante par QXO Le gouvernement italien pourrait restreindre l’offre de Fnac Darty sur Unieuro Playtech parvient à un accord avec Caliplay>...

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