BasicFit announced the successful pricing of a EUR 307.6m senior unsecured convertible bond due April 2031. The 5year bonds were issued at par with a 2.50% semiannual coupon and an initial conversion price of EUR 46.62, implying a 45% premium. Proceeds will be used for general corporate purposes, refinancing and to support accelerated organic and/or inorganic growth. Basic-Fit announces it has obtained a waiver for approx. €159.0m on its 2028 outstanding €303.7m convertible with a put option in ...
BFIT announced its trading update in line with our expectations. The underlying EBITDA guidance increases by €10.0m on the back of regulatory tailwinds in France and Belgium, which we still believe to be conservative. Likely some energy cost increases (80% hedged in 2026) are offset by regulatory tailwinds. Membership growth continues to be strong at +215k members on 33 new club openings vs +213 on 46 new club openings in 1Q25. The average number of memberships increases further to 2,981 vs 2,90...
Basic-Fit: 1Q26 trading update – FY26 outlook raised. CM.com: 1Q26 trading update – encouraging, but early. Fastned: 1Q26 trading update – Soft volume mitigated by better pricing. NSI: Another difficult quarter, as expected. Sligro: Change in ERP accounting expected to weigh on 2026/27F margins. Staffing sector: Hays' 3Q26 trading update a touch better. TomTom: 1Q26 results, profitability a bit better. Vopak: Limited 1Q26 impact, some downside for 2Q26
We update our model ahead of the 1Q26 (16/04) results and CMD (21-22/04) The shift towards a franchise model fundamentally changes our thesis. It allows Basic-Fit to deploy strong free cash flow from its mature owned clubs towards faster deleveraging and potential shareholder returns in the near to medium term, addressing our previous key concern around prolonged high leverage. With the stock currently trading at a 6.9% FCF yield, expected to rise to 10.0% in FY27 and 11.8% in FY28, and a path t...
JCDecaux : Déclaration mensuelle d’actions et de droits de vote au 31 mars 2026 JCDecaux SESociété Européenne à Directoire et Conseil de SurveillanceAu capital de 3.264.372,84 €Siège Social : 17, rue Soyer - 92200 Neuilly-sur-Seine (France)307 570 747 RCS Nanterre Déclaration mensuelle d’actions et de droits de vote En application de l’article L.233-8 II du Code de commerce et de l’article 223-16 du Règlement Général de l’Autorité des Marchés Financiers DateNombre d’actionscomposant le capitalNombre de droits de votethéoriques (1)exerçables (2)31/03/2026214 128 663214 128 663212 733 622...
The ECB comes with proposals to improve bank competitiveness. Rabobank takes the cautious route and comes with a new AT1 bond. Møre Boligkreditt in the market with a 5yr green covered bond. Deutsche Bank's tender hits LCR level 1 eligibility of its covered bonds
The ECB comes with proposals to improve bank competitiveness. Rabobank takes the cautious route and comes with a new AT1 bond. Møre Boligkreditt in the market with a 5yr green covered bond. Deutsche Bank's tender hits LCR level 1 eligibility of its covered bonds
Publication of the 2025 Universal Registration Document Publication of the 2025 Universal Registration Document Paris, April 9th, 2026 – JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces the publication of its 2025 Universal Registration Document. This Universal Registration Document was filed today with the French Financial Markets Authority (Autorité des Marchés Financiers - AMF) in ESEF format (European Single Electronic Format) under the reference D.26-0238. This Universal Registration Document includes the following documents: the 2...
JCDecaux : Mise à disposition du Document d’Enregistrement Universel 2025 Mise à disposition du Document d’Enregistrement Universel 2025 Paris, le 9 avril 2026 – JCDecaux SE (Euronext Paris : DEC), numéro un mondial de la communication extérieure, annonce la publication de son Document d’Enregistrement Universel 2025. Ce Document d’Enregistrement Universel a été déposé ce jour au format ESEF (European Single Electronic Format) auprès de l’Autorité des Marchés Financiers (AMF) sous le numéro D.26-0238. Ce Document d’Enregistrement Unive...
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.