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Benelux Morning Notes

Euronext: Record quarter, but as expected softer guidance for 2Q18 Exmar: FSRU moving forward, FLNG not yet Heijmans: 1Q Preview - remains in control? Montea: remains confident for 2018 PostNL: Tariffs concept ACM and Roadshow feedback

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Basic-Fit: 2017 results in line and no funnies Montea: Acquires two airport assets Sif Group: Preview, prime focus on new orders Xior: enters yet another Dutch student city

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Brunel International: 4Q17 results in line but underlying mixed Heijmans: We are also satisfied Home Invest Belgium: Dividend in line Montea: growing margins highlight bigger portfolio UCB: Feedback from conference call

Jaap Kuin ... (+2)
  • Jaap Kuin
  • Pieter Runneboom

Benelux Real Estate update/Cyclical upside in logistics and Dutch offi...

The strongest investable markets in the Benelux in 2018 are Amsterdam offices (NSI) and logistics (WDP, Montea). Retail is not an ‘outright sell' and some niches are set to do relatively well (Retail Estates in out-of-town retail, Aedifica in healthcare, Xior in student housing). Yield compression in the Benelux lags other European markets, but we do find increasing scrutiny of balance sheets warranted. We perform a LTV normalisation exercise to 40% and also a dividend pay-out normalisation to...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...

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