reports
- ABGSC Capital Goods Research
- Anders Idborg
- Karl Bokvist
- Olof Cederholm
VOLV B VOLVO AB CLASS B
WRT1V WARTSILA OYJ ABP
ABB ABB LTD.
SAND SANDVIK AB
TREL B TRELLEBORG AB CLASS B
MOCORP METSO OUTOTEC OYJ
ASSA B ASSA ABLOY AB CLASS B
SKF B SKF AB CLASS B
HPOL B HEXPOL AB CLASS B
ALFA ALFA LAVAL AB
MTRS B MUNTERS GROUP
HEXA B HEXAGON AB
EPI A EPIROC AB
NIBE B NIBE INDUSTRIER AB
ATCO A ATLAS COPCO AB
ALIV SDB AUTOLIV INC.
- Ahmed Ben Salem
FP TOTAL SE
AC ACCOR SA
SGO COMPAGNIE DE SAINT-GOBAIN SA
EQNR EQUINOR ASA
DG VINCI SA
BVI BUREAU VERITAS SA
ADP AEROPORTS DE PARIS SA
AAL ANGLO AMERICAN PLC
SU SCHNEIDER ELECTRIC SE
BNP BNP PARIBAS SA CLASS A
SK SEB SA
GFC GECINA SA
RMS HERMES INTERNATIONAL SCA
RCO REMY COINTREAU SA
SAF SAFRAN S.A.
AIR AIRBUS SE
DTE DEUTSCHE TELEKOM AG
WPP WPP PLC
REP REPSOL SA
MOCORP METSO OUTOTEC OYJ
SKF B SKF AB CLASS B
INX IMCD N.V.
CLNX CELLNEX TELECOM S.A.
STM STMICROELECTRONICS NV
UMI UMICORE
BESI BE SEMICONDUCTOR INDUSTRIES N.V.
ULA UNIBAIL-RODAMCO-WESTFIELD SE STAPLED SECS CONS OF 1 SH UNIBAIL RODAMCO + 1 SH WFD UNIB ROD
ADYEN ADYEN NV
DSY DASSAULT SYSTEMES SA
SGSN SGS SA
TEN TENARIS S.A.
- Ahmed Ben Salem
FP TOTAL SE
AC ACCOR SA
SGO COMPAGNIE DE SAINT-GOBAIN SA
EQNR EQUINOR ASA
DG VINCI SA
BVI BUREAU VERITAS SA
ADP AEROPORTS DE PARIS SA
AAL ANGLO AMERICAN PLC
SU SCHNEIDER ELECTRIC SE
BNP BNP PARIBAS SA CLASS A
SK SEB SA
GFC GECINA SA
RMS HERMES INTERNATIONAL SCA
RCO REMY COINTREAU SA
SAF SAFRAN S.A.
AIR AIRBUS SE
DTE DEUTSCHE TELEKOM AG
WPP WPP PLC
REP REPSOL SA
MOCORP METSO OUTOTEC OYJ
SKF B SKF AB CLASS B
INX IMCD N.V.
CLNX CELLNEX TELECOM S.A.
STM STMICROELECTRONICS NV
UMI UMICORE
BESI BE SEMICONDUCTOR INDUSTRIES N.V.
ULA UNIBAIL-RODAMCO-WESTFIELD SE STAPLED SECS CONS OF 1 SH UNIBAIL RODAMCO + 1 SH WFD UNIB ROD
ADYEN ADYEN NV
DSY DASSAULT SYSTEMES SA
SGSN SGS SA
TEN TENARIS S.A.
- Delphine Brault
- Quentin Borie
Metso : Progress on margin reflected with resilience in Q1
>Q1 2024 orders in line but margin below expectations - Metso reported its Q1 2024 results yesterday morning (see first take). They were in line with expectations on order intake, but below expectations on adjusted EBITA (-7%).Order intake was down -6% on an organic basis (consensus -5.8%), but up 10.5% sequentially, confirming the rebound in activity that the group was anticipating in the Aggregates division (particularly in the US). Sales were down -7% on ...
- Delphine Brault
- Quentin Borie
Metso : Les progrès sur la marge se ressentent avec sa résilience au T...
>T1 2024 avec des commandes en ligne mais en dessous des attentes sur la marge - Metso a publié hier matin ses résultats T1 2024 (voir first take) qui étaient en ligne avec les attentes sur les prises de commandes, mais en dessous sur l’EBITA ajusté (-7%).Les prises de commandes étaient en recul de -6% en organique (css à -5.8%), mais en hausse séquentielle de 10.5%, confirmant ainsi le rebond de l’activité qui avait été anticipé par le groupe dans la division A...
CGG Announces its Q1 Financial Results on Tuesday 14th May 2024, afte...
CGG Announces its Q1 Financial Results on Tuesday 14th May 2024, after Market Close PARIS, France April 26th, 2024 First quarter 2024 financial results and conference call CGG will announce its first quarter financial results on Tuesday 14th May, after market close. The press release and the presentation will be made available on our website at 5:40 pm (CET)An English language analysts conference call is scheduled the same day at 6.00 pm (CET) Participants should register for the call to receive a dial-in number and code or participate in the live webcast from A replay of th...
Publication des résultats financiers du T1 2024 le mardi 14 mai aprè...
Publication des résultats financiers du T1 2024 le mardi 14 mai après bourse PARIS, France – 26 avril 2024 Résultats financiers du T1 2024 - conférence téléphonique CGG annoncera ses résultats du 1er trimestre 2024 le mardi 14 mai après bourse. Le communiqué de presse et la présentation seront disponibles sur le site à 17h40 (heure française).Une conférence téléphonique en langue anglaise est programmée à 18h00 (heure française) ce même jour. Pour accéder à la conférence en direct, merci de vous connecter à l’audio webcast depuis votre ordinateur sur le site . Les participan...
- Johannes Grunselius
Stora Enso (Buy, TP: EUR16.50) - On track
Due to better volumes and prices in the packaging materials division, underlying Q1 earnings were above our expectations. Looking ahead, earnings are set to be supported by higher pulp prices at the same time as pricing power has strengthened for most of Stora Enso’s packaging products. We have made limited changes to our 2024–2027 forecasts, but as we are increasingly confident that Stora Enso will be able to raise its profits to a sustainably healthy level, we have increased our target price t...
- Tomi Railo
Metso (Buy, TP: EUR13.00) - Small profit miss, but positives too
Q1 profits missed in a seasonally small quarter but also included positives: solid profitability, and strong Aggregates and Service orders. We have cut our 2024–2026e clean EPS by c3% and reiterate our BUY and EUR13 target price. The valuation remains attractive, in our view.
- ABGSC Pulp & Paper Research
- Ali Shemmari
- Martin Melbye
- ABGSC Capital Goods Research
- Anders Idborg
- Karl Bokvist
- Olof Cederholm
- Charlotte Vaisse
- Emmanuel Matot
- Jean-Baptiste Rouphael
- Konrad Zomer
- Thomas Zlowodzki
ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/25/2024
Having flirted with the 495-point mark on Friday, which could have triggered an extension of the correction, the market has rebounded well since then. Our technical analysis highlights a configuration in which we are only at the start of a powerful rally. Target of 622 points for Stoxx 600 index (+11%) by the end of the year confirmed. Prefer banks to insurance companies in the short term. - ...
LHN LAFARGEHOLCIM LTD.
REL RELX PLC
GET GETLINK SE
IPN IPSEN SA
EQNR EQUINOR ASA
WCH WACKER CHEMIE AG
CA CARREFOUR SA
BVI BUREAU VERITAS SA
SU SCHNEIDER ELECTRIC SE
KNEBV KONE OYJ CLASS B
ORA ORANGE SA
RI PERNOD RICARD SA
ULVR UNILEVER PLC
GLE SOCIETE GENERALE S.A. CLASS A
NESN NESTLE S.A.
ENI ENI S.P.A.
BAS BASF SE
SAN SANOFI
VOW3 VOLKSWAGEN AG PREF
SY1 SYMRISE AG
01913 PRADA S.P.A.
REP REPSOL SA
MOCORP METSO OUTOTEC OYJ
KGX KION GROUP AG
MONC MONCLER SPA
ASSA B ASSA ABLOY AB CLASS B
IBE IBERDROLA SA
AZN ASTRAZENECA PLC
STM STMICROELECTRONICS NV
BESI BE SEMICONDUCTOR INDUSTRIES N.V.
HFG HELLOFRESH SE
ADYEN ADYEN NV
ERF EUROFINS SCIENTIFIC SOCIETE EUROPEENNE
DSY DASSAULT SYSTEMES SA
AZE AZELIS GROUP NV
ATCO A ATLAS COPCO AB
ML COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN
DSFIR KONINKLIJKE DSM N.V.
- Charlotte Vaisse
- Emmanuel Matot
- Jean-Baptiste Rouphael
- Konrad Zomer
- Thomas Zlowodzki
ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 25/04/2024
Après avoir frôlé vendredi la barre des 495 points qui aurait pu déclencher la poursuite de la correction, le marché a ensuite bien rebondi. Notre analyse technique met en lumière une configuration où nous ne serions qu’au début d’un rallye puissant. Objectif 622 points (+11%) d’ici à la fin de l’année confirmé sur le Stoxx 600. Préférer les banques aux assurances à court terme. - ...
LHN LAFARGEHOLCIM LTD.
REL RELX PLC
GET GETLINK SE
IPN IPSEN SA
EQNR EQUINOR ASA
WCH WACKER CHEMIE AG
CA CARREFOUR SA
BVI BUREAU VERITAS SA
SU SCHNEIDER ELECTRIC SE
KNEBV KONE OYJ CLASS B
ORA ORANGE SA
RI PERNOD RICARD SA
ULVR UNILEVER PLC
GLE SOCIETE GENERALE S.A. CLASS A
NESN NESTLE S.A.
ENI ENI S.P.A.
BAS BASF SE
SAN SANOFI
VOW3 VOLKSWAGEN AG PREF
SY1 SYMRISE AG
01913 PRADA S.P.A.
REP REPSOL SA
MOCORP METSO OUTOTEC OYJ
KGX KION GROUP AG
MONC MONCLER SPA
ASSA B ASSA ABLOY AB CLASS B
IBE IBERDROLA SA
AZN ASTRAZENECA PLC
STM STMICROELECTRONICS NV
BESI BE SEMICONDUCTOR INDUSTRIES N.V.
HFG HELLOFRESH SE
ADYEN ADYEN NV
ERF EUROFINS SCIENTIFIC SOCIETE EUROPEENNE
DSY DASSAULT SYSTEMES SA
AZE AZELIS GROUP NV
ATCO A ATLAS COPCO AB
ML COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN
DSFIR KONINKLIJKE DSM N.V.
- Delphine Brault
- Quentin Borie
Metso : Reassuring Q1 orders but results are below expectations
>Q1 2024: orders down -6%, sales down -7%, adjusted EBITA margin of 16.5% - Metso this morning reported Q1 2024 results that were 7% below expectations at adjusted EBITA level. Order intake was € 1,361m (consensus € 1,361), down -6% on an organic basis (consensus -5.8%). Orders were up sequentially in both divisions with improved market activity in Aggregates (driven by the US) and in Minerals (Services). Sales were down -7% (consensus -2.4%) on an organic b...
- Delphine Brault
- Quentin Borie
Metso : Reassuring Q1 orders but results are below expectations
>Q1 2024: orders down -6%, sales down -7%, adjusted EBITA margin of 16.5% - Metso this morning reported Q1 2024 results that were 7% below expectations at adjusted EBITA level. Order intake was € 1,361m (consensus € 1,361), down -6% on an organic basis (consensus -5.8%). Orders were up sequentially in both divisions with improved market activity in Aggregates (driven by the US) and in Minerals (Services). Sales were down -7% (consensus -2.4%) on an organic b...
- ABGSC Capital Goods Research
- Anders Idborg
- Karl Bokvist
- Olof Cederholm
CGG: Availability of the preparatory documents for the Combined Genera...
CGG: Availability of the preparatory documents for the Combined General Meeting CGGSociété Anonyme with a share capital of €7,136,762Registered office: 27 avenue Carnot, 91300 MassyEvry Trade and Company Register No.: 969 202 241 AVAILABILITY AND CONSULTATION OF THE PREPARATORY DOCUMENTS FOR THE CGG COMBINED GENERAL MEETING OF WEDNESDAY, MAY 15, 2024 Massy, France – April 24, 2024 The Combined General Meeting of CGG (the “Company”) will be held on Wednesday, May 15, 2024 at 10:30 a.m. at Business Center Paris Trocadéro, 112 avenue Kléber, 75016 Paris, France. The meeting notice publi...
CGG : Communiqué de mise à disposition des documents préparatoires à l...
CGG : Communiqué de mise à disposition des documents préparatoires à l'assemblée générale mixte CGG Société anonyme au capital de 7 136 762 €Siège social : 27 avenue Carnot91300 Massy969 202 241 R.C.S. Evry MISE A DISPOSITION ET CONSULTATION DES DOCUMENTS PREPARATOIRES A L’ASSEMBLEE GENERALE MIXTE DE CGG DU MERCREDI 15 MAI 2024 Massy, France – 24 avril 2024 L’Assemblée Générale Mixte de CGG (la « Société ») se tiendra le mercredi 15 mai 2024 à 10 heures 30 au Business Center Paris Trocadéro, 112 avenue Kléber, 75016 Paris L’avis de réunion publié au Bulletin des Annonces Légales Obli...
- ABGSC Capital Goods Research
- Anders Idborg
- Karl Bokvist
- Olof Cederholm
- Tomi Railo
Metso (Buy, TP: EUR13.00) - Possible optimism in the air
We have raised our 2024–2026e clean EPS by c2% on average ahead of Q1 results, where we will focus on orders, profitability and the outlook. We reiterate our BUY, and have raised our target price to EUR13 (12.5), continuing to view Metso’s end-market exposure, profit expansion potential and valuation as attractive.
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.