reports
- Fehmi Ben Naamane
- Thomas Zlowodzki
ODDO BHF Small & MIDCAP MORNING NEWS - 04/22/2024 Date Performance sin...
EPS growth prospects are brighter in the US than in Europe, which is justified given the differential in the growth and inflation outlook between the two regions. However, the adjustment that has taken place on EPS in Europe is a positive factor: we are now "at the price" ahead of the cyclical recovery that is taking shape for the rest of 2024. Sector-wise, the ongoing upward revision of EPS in travel & leisure, banks and media is expected to continue apace and provide support for sec...
GTT GAZTRANSPORT & TECHNIGAZ SA
WTB WHITBREAD PLC
G24 SCOUT24 AG
ICAD ICADE SA
ASC ASOS PLC
VIS VISCOFAN S.A.
SHOT SCANDIC HOTELS GROUP
A3TV ATRESMEDIA CORPORACION DE MEDIOS DE COMUNICACION SA
MEL MELIA HOTELS INTERNATIONAL S.A.
NHH NH HOTEL GROUP SA
IHG INTERCONTINENTAL HOTELS GROUP PLC
PLX PLUXEE NV
- Fehmi Ben Naamane
- Thomas Zlowodzki
ODDO BHF Small & MIDCAP MORNING NEWS - 22/04/2024 Date Performance dep...
Les perspectives de croissance des BPA sont supérieures aux Etats-Unis qu’en Europe, ce qui est justifié étant donné le différentiel de perspectives de croissance et d’inflation entre les deux zones. L’ajustement qui a eu lieu sur les BPA en Europe est toutefois un facteur positif : nous sommes désormais « au prix » avant la reprise cyclique qui se dessine pour la suite de 2024. Sectoriellement, la révision à la hausse en cours des BPA sur le Travel & Leisure, les banques et les Media...
GTT GAZTRANSPORT & TECHNIGAZ SA
WTB WHITBREAD PLC
G24 SCOUT24 AG
ICAD ICADE SA
ASC ASOS PLC
VIS VISCOFAN S.A.
SHOT SCANDIC HOTELS GROUP
A3TV ATRESMEDIA CORPORACION DE MEDIOS DE COMUNICACION SA
MEL MELIA HOTELS INTERNATIONAL S.A.
NHH NH HOTEL GROUP SA
IHG INTERCONTINENTAL HOTELS GROUP PLC
PLX PLUXEE NV
- Fehmi Ben Naamane
- Johanna Jourdain
ODDO : Continued growth for European hotels in March
>European hotels up 7.7% in March - In March, RevPAR growth came to +7.7% y-o-y for western Europe (according to STR figures), driven by both price increases (+6.2%) and a continued improvement in occupancy rates (OR up +0.9 pt). With the marked growth seen in January (+11.7%) and February (+9.3%), the cumulative change in Q1 works out at +8.9% (+1.7 pt for OR and +5.7% for ADR); for now, this is better than forecast and could, ultimately, render the estimates for lim...
- Fehmi Ben Naamane
- Johanna Jourdain
ODDO : Croissance continue de l’hôtellerie européenne en mars
>L’hôtellerie européenne est en croissance de 7.7% en mars - En mars, la croissance des RevPAR ressort à +7.7% yoy pour l’Europe de l’Ouest (selon les chiffres STR), portée à la fois par des hausses de prix (+6.2%) et par une progression continue des taux d’occupation (TO à +0.9 pt). Avec la forte hausse enregistrée en janvier (+11.7%) et en février (+9.3%), la variation cumulée sur le T1 ressort à +8.9% (+1.7 pt sur les TO et +5.7% sur les prix), c’est un chiffre qui...
- Fehmi Ben Naamane
- Thomas Zlowodzki
ODDO BHF Small & MIDCAP MORNING NEWS - 03/20/2024
We are upgrading the energy sector to Overweight vs Neutral (excluding Oil Services, already on Overweight). The recent rebound in oil prices is set to continue, driven by short, medium and long-term factors: value, cyclical, little debt and good shareholder returns. Technical analysis reveals a strong trend that is only just beginning. GALP enters our Large Caps list; CellNex exits it. - ...
WTB WHITBREAD PLC
EURN EURONAV NV
CEN GROUPE CRIT SA
BEN BENETEAU SA
VIRP VIRBAC SA
VLS VALNEVA SE
PIG HAULOTTE GROUP SA
ISP INTESA SANPAOLO S.P.A.
DEQ DEUTSCHE EUROSHOP AG
SBO SCHOELLER-BLECKMANN OILFIELD EQUIPMENT AG
ALVIV VISIATIV SA
UCG UNICREDIT S.P.A.
SHOT SCANDIC HOTELS GROUP
MEL MELIA HOTELS INTERNATIONAL S.A.
NHH NH HOTEL GROUP SA
COPN COSMO PHARMACEUTICALS NV
PWG PRODWAYS GROUP SA
IHG INTERCONTINENTAL HOTELS GROUP PLC
CABKA CABKA N.V.
- Fehmi Ben Naamane
- Thomas Zlowodzki
ODDO BHF Small & MIDCAP MORNING NEWS - 20/03/2024
Nous upgradons le secteur énergie à Surpondérer vs Neutre (hors Oil Services déjà à Surpondérer). Le rebond récent des prix du pétrole va se poursuivre, soutenu par des facteurs à court, moyen et long terme. Le secteur dispose en outre de 4 atouts dans la configuration de marché actuelle : value, cyclique, peu endetté et bon retour à l’actionnaire. L’analyse technique révèle une tendance forte qui ne fait que commencer. GALP fait son entrée dans notre liste Large Caps ; CellNex en so...
WTB WHITBREAD PLC
EURN EURONAV NV
CEN GROUPE CRIT SA
BEN BENETEAU SA
VIRP VIRBAC SA
VLS VALNEVA SE
PIG HAULOTTE GROUP SA
ISP INTESA SANPAOLO S.P.A.
DEQ DEUTSCHE EUROSHOP AG
SBO SCHOELLER-BLECKMANN OILFIELD EQUIPMENT AG
ALVIV VISIATIV SA
UCG UNICREDIT S.P.A.
SHOT SCANDIC HOTELS GROUP
MEL MELIA HOTELS INTERNATIONAL S.A.
NHH NH HOTEL GROUP SA
COPN COSMO PHARMACEUTICALS NV
PWG PRODWAYS GROUP SA
IHG INTERCONTINENTAL HOTELS GROUP PLC
CABKA CABKA N.V.
- Fehmi Ben Naamane
- Johanna Jourdain
ODDO : European hotels: Spain stands out again
>European hotels still on course at the start of the year - Despite the geopolitical impacts and uncertainties surrounding the cycle, European hotels continue to perform well. In February, RevPAR growth came to +9.3% y-o-y, driven by both price increases (+5.8%) and steady growth in occupancy rates (occupancy rate up +3.3 points). With the strong increase recorded in January (+11.7%), the cumulative YTD change in February works out at +10.7%, a very good start to the ...
- Fehmi Ben Naamane
- Johanna Jourdain
ODDO : Hôtellerie européenne : l’Espagne, encore l’Espagne !
>L’hôtellerie européenne garde le cap en ce début d’année - Malgré les impacts géopolitiques et les incertitudes liées au cycle, l’hôtellerie européenne continue de très bien performer. En février, la croissance des RevPAR ressort à +9.3% yoy, portée à la fois par des hausses de prix (+5.8%) et par une progression continue des taux d’occupation (TO à +3.3 pt). Avec la forte hausse enregistrée en janvier (+11.7%), la variation cumulée en février ytd ressort à +10.7%, s...
- Fehmi Ben Naamane
- Fehmi Ben Naamane
WTB WHITBREAD PLC
NEX NEXANS SA
AED AEDIFICA SA
SHOT SCANDIC HOTELS GROUP
NVG NAVIGATOR COMPANY SA
MEL MELIA HOTELS INTERNATIONAL S.A.
NHH NH HOTEL GROUP SA
PSG PROSEGUR COMPANIA DE SEGURIDAD SA
IHG INTERCONTINENTAL HOTELS GROUP PLC
TITC TITAN CEMENT INTERNATIONAL N.V.
KTA KNAUS TABBERT
FUR FUGRO NV
- Fehmi Ben Naamane
- Johanna Jourdain
ODDO : January: further strong growth for European hotels
>European hotels post 11.7% growth y-o-y in January - The European hotel sector continues to improve despite concerns relating to the cycle. RevPAR in western Europe grew 11.7% y-o-y (according to STR data) versus +8.5% in December, +12% in November and +9.2% in October. The performance was driven by both occupancy rates, which rose 202 points, and prices, which rose +7.2% (or +21% compared with January 2019). European hotel market fundamentals remain robust with dema...
- Fehmi Ben Naamane
- Johanna Jourdain
ODDO : Janvier : toujours une forte croissance de l’hôtellerie europée...
>L’hôtellerie européenne progresse de 11.7% en yoy en janvier - L’hôtellerie européenne poursuit sa marche en avant malgré les appréhensions liées au cycle. Les RevPAR en Europe de l’Ouest sont en progression de 11.7% yoy (selon les données STR) contre +8.5% en décembre, +12% en novembre et +9.2% en octobre. Cette performance est tirée à la fois par les taux d’occupation (TO) qui progressent de 2.2 pt et par les prix à +7.2% (soit +21% comparé à janvier 2019). Les fon...
Whitbread Plc: 1 director
A director at Whitbread Plc sold 3,000 shares at 3,539p and the significance rating of the trade was 59/100. 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 showi...
- Fehmi Ben Naamane
AC ACCOR SA
EQNR EQUINOR ASA
GALP GALP ENERGIA SGPS SA CLASS B
ALFOC FOCUS HOME INTERACTIVE SA
OSE OSE IMMUNOTHERAPEUTICS SA
WTB WHITBREAD PLC
BIO BB BIOTECH AG
ENI ENI S.P.A.
REP REPSOL SA
MAREL MAREL HF.
AIXA AIXTRON SE
SHOT SCANDIC HOTELS GROUP
ARG ARGAN SA
MEL MELIA HOTELS INTERNATIONAL S.A.
NHH NH HOTEL GROUP SA
BP. BP P.L.C.
IHG INTERCONTINENTAL HOTELS GROUP PLC
SHEL SHELL PLC
DEME DEME GROUP NV
- Fehmi Ben Naamane
AC ACCOR SA
EQNR EQUINOR ASA
GALP GALP ENERGIA SGPS SA CLASS B
ALFOC FOCUS HOME INTERACTIVE SA
OSE OSE IMMUNOTHERAPEUTICS SA
WTB WHITBREAD PLC
BIO BB BIOTECH AG
ENI ENI S.P.A.
REP REPSOL SA
MAREL MAREL HF.
AIXA AIXTRON SE
SHOT SCANDIC HOTELS GROUP
ARG ARGAN SA
MEL MELIA HOTELS INTERNATIONAL S.A.
NHH NH HOTEL GROUP SA
BP. BP P.L.C.
IHG INTERCONTINENTAL HOTELS GROUP PLC
SHEL SHELL PLC
DEME DEME GROUP NV
- Fehmi Ben Naamane
- Johanna Jourdain
ODDO : European hotel RevPAR up 8.5% y-o-y in December, and 18% over t...
>RevPAR western Europe: +8.5% in December - The European hotel sector posted another very good performance in December. RevPAR in western Europe grew 8.5% y-o-y (according to the data supplied by STR) versus +12% in November, +9.2% in October and +10.8% in September. Growth was driven both by occupancy rates, which rose 2.5 points, and by prices, which increased +4% (i.e. a rise of 24% compared with December 2019). In Q4, the performance was stable with RevPAR growth...
- Fehmi Ben Naamane
- Johanna Jourdain
ODDO : L’hôtellerie européenne progresse de 8.5% yoy en décembre, et d...
>RevPAR Europe de l’Ouest : un mois de décembre à +8.5% - L’hôtellerie européenne a encore très bien performé en décembre. Les RevPAR en Europe de l’Ouest sont en progression de 8.5% yoy (selon les données fournies par STR) contre +12% en novembre, +9.2% en octobre et +10.8% en septembre. Cette évolution est tirée, à la fois par les taux d’occupation (TO) qui progressent de 2.5 pt, et par les prix à +4% (soit une hausse de 24% comparé à décembre 2019. Sur le seul T4,...
- Fehmi Ben Naamane
Whitbread : Healthy Q3 trading update. Recent trading is quite good. O...
>Strong Q3 trading update, group revenues up 11% y-o-y - Whitbread this morning released its Q3 trading update to end-November. Group revenues increased 11% y-o-y (vs +13% in Q2 and +19% in Q1), beating our expectations of +8%. Hotel revenues in the UK increased +11% over the quarter, slowing slightly compared to +13% in Q2. This is quite reassuring; we had included in our estimates the impact of the disruptions in the UK (storms in mid-October and early Nov...
- Robert Jan Vos
- Fehmi Ben Naamane
Whitbread : Healthy Q3 trading update. Recent trading is quite good. O...
>Strong Q3 trading update, group revenues up 11% y-o-y - Whitbread this morning released its Q3 trading update to end-November. Group revenues increased 11% y-o-y (vs +13% in Q2 and +19% in Q1), beating our expectations of +8%. Hotel revenues in the UK increased +11% over the quarter, slowing slightly compared to +13% in Q2. This is quite reassuring; we had included in our estimates the impact of the disruptions in the UK (storms in mid-October and early Nov...
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.