Benelux Morning Notes

Ahold Delhaize: Market share up 90bp in the Netherlands, Gimv: Grow the Core, Sofina: Delivering continued growth, Events Calendar.

Morning Notes : GIMB BB, SOF BB, MAAT FP

: GIMB BB, SOF BB, MAAT FP

Benelux Morning Notes

Belgian telecoms: New BASE prices taking care of heavy data users. Gimv: Upcoming capital raise approved and possibly a new vehicle on the drawing board

Gimv Shareholders approve potential rights issue & New growth strategy

Yesterday a second extraordinary general meeting (EGM) of Gimv took place following the no-quorum meeting of 23-Dec-2024 and Gimv's shareholders approved Gimv's strategic growth ambitions and gave the go-ahead for a possible capital increase. We note that Gimv will be hosting a CMD on 22-Jan-2025 during which, management will provide more details about its new strategy and the potential capital raise. Post capital raise, Gimv aims to double its portfolio size while helping grow some of its top i...

Morning Notes : AD NA, GIMB BB, KIN BB, MDXH BB, SMAR BB, BTLS BB, AUT...

: AD NA, GIMB BB, KIN BB, MDXH BB, SMAR BB, BTLS BB, AUTL US

Holdings Report - December 2024 KBCS Holdings Universe Returns -3.1% d...

1M Performance - Absolute: During Dec'24 (1M period), the KBCS Holdings Universe posted a return of -3.2% which was mainly driven by multi-asset holdings (-4.3%) while single-asset holdings posted a significantly less negative return of -0.6%. The 3 top performers during the period were D'Ieteren Group (+26.6%), Compagnie du Bois Sauvage (+7.0%) and KBC Ancora (+7.0%) while the 3 worst performers were Exor (-5.4%), Heineken Holding (-3.6%) and Gimv (-1.1%). FY24 Performance - Relative: During ...

Benelux Morning Notes

Aalberts: M&A is back. Ahold Delhaize: Acquisition of Profi Rom completed. Gimv: A Christmas present. Kinepolis: US/Canada box office at 85% of pre Covid level, France at 92% in December

Gimv Sale Of Majority Stake In KÖBERL Group

Gimv announced that it has sold its majority stake in KÖBERL Group (facility management and building technology services) to Hungarian company B+N Referencia Zrt. The transaction is anticipated to have a positive impact of approximately €1.0 on Gimv's NAVps and the return on this investment has significantly exceeded Gimv's long-term portfolio return target of 15.0%. This is the third transaction that Gimv has complete post its 1H results. We see this as an indication of the superior quality of ...

Morning Notes : FUR NA, GIMB BB, PROX BB, VGP BB, CTPNV NA

: FUR NA, GIMB BB, PROX BB, VGP BB, CTPNV NA

Dynamic Top Pick List How to start 2025?

On this Friday the 13th we select for you 13 stocks to start 2025 with a bang : ABN Amro, Ackermans & van Haaren, Bekaert, D'Ieteren, EVS, Fagron, Fugro, Gimv, Melexis, Shurgard, Sofina, WDP and Xior However, we maintain a defensive stance in our Benelux selection at the start of 2025.. The long anticipated interest rate cuts by central banks are expected to continue their decline into 2025 (see graph above). However, the Trump election victory in the US hits European stocks even before he tak...

Holdings Report - November 2024 KBCS Holdings Universe Returns -3.6% D...

1M Performance - Absolute: During Nov'24 (1M period), the KBCS Holdings Universe posted a return of -3.6% which was mainly driven by single-asset holdings (-6.9%) while multi-asset holdings posted a slightly less negative return of -2.2%. The 3 top performers during the period were D'Ieteren Group (+5.4%), Gimv (+5.1%) and KBC Ancora (+0.6%) while the 3 worst performers were Compagnie du Bois Sauvage (-10.1%), Heineken Holding (-9.6%) and Quest For Growth (-7.5%). YTD Performance - Relative: O...

Benelux Morning Notes

Colruyt: 1H24/25F preview – room to beat at EBIT level. Gimv: Major investment in the HVAC industry in France. Kinepolis: US/Canada box office at 94% of pre covid, France attendance recovery at 87%. NSI: Small acquisition in Utrecht

Morning Notes : GIMB BB, XFAB FP, SYENS BB

: GIMB BB, XFAB FP, SYENS BB

Benelux Morning Notes

Ageas: White Knight option for Direct Line? Exor: Exor CEO John Elkan taking over Stellantis CEO Carlos Tavares' duties. Gimv: Investing in “Made in Germany” lighting. Prosus: 1H25 results. WDP: Sizeable French acquisition

Morning Notes : GIMB BB, TWEKA NA, WDP BB, EXO NA

: GIMB BB, TWEKA NA, WDP BB, EXO NA

Ackermans & Van Haaren NV - Mergers & Acquisitions (M&A), Partnerships...

Summary Marketline's Ackermans & Van Haaren NV Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Ackermans & Van Haaren NV - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances...

Gimv NV: 1 director

A director at Gimv NV bought 959 shares at 39.860EUR and the significance rating of the trade was 54/100. 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 company's directors over the last two years clearly showing ...

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/27/2024

HAL Trust : Another strong quarter, but not yet reflected in share pri...

Morning Notes : CMBT BB, HAL NA, SEQUA BB, SHUR BB, TKWY NA

: CMBT BB, HAL NA, SEQUA BB, SHUR BB, TKWY NA