Equity Analysis

Minth's Mobility Mission Gains Global Ignition

Minth Group Limited has emerged as a diversified global mobility innovator, advancing beyond traditional auto components into high-growth technologies. Its expanding international footprint,...

CSX Corporation : A US Freight Transportation player

CSX Corporation was formed in 1980 through the merger of Chessie System and Seaboard Coast Line Industries, combining several historic railroads whose origins date back to the Baltimore & Ohio...

Legal & General Group: FY25: Modest miss, but capital sustainability in focus

L&G posted a slight FY25 miss at the operating profit line, with a sharper setback in its capital position. Management reaffirmed medium-term targets and added disclosure on investment variances,...

Rheinmetall: Rheinmetall: Missiles flying, expectations missed

Despite a highly supportive defence backdrop, Rheinmetall’s latest results undershot consensus on revenue, operating profit and EPS, while Guidance failed to excite. Strong demand persists; the...

Henkel: Muted demand environment weighs on sales and outlook

Chapeau: Q4 and FY2025 figures trailed expectations on softer demand, with Consumer Brands offsetting muted Adhesive Technologies. Margins improved and 2026 Guidance aligns broadly with consensus,...

Avolta: Confident to navigate geopolitical headwinds with strong core fundamentals

Avolta’s FY25 delivery matches guidance and consensus, supports a 15% dividend increase and a new CHF225m buyback programme, and reaffirms mid-term ambitions despite limited direct exposure to the...

Porsche AG: Soft FY25 Results Amid Strategic Adjustments; FY26 Set to Remain Challenging

Soft FY25 delivery, revenue, and margin trends reflect Strategic realignment charges, China pricing discipline, and tariff impact; FY26 guidance points to continued pressure despite mix and pricing...

D’Ieteren Group: Good FY25 performance opens the way for Belron's IPO

Solid FY25 results, powered by Belron and robust FCF, support a 25% dividend increase and ongoing Deleveraging, while a cautious 2026 Outlook and limited clarifications temper...

Nexi: Dead money until 2027? Nexi’s brutal guidance reset tests investors’ patience

Nexi’s guidance reset pushes any meaningful recovery to 2027, shifting the equity story from a quick turnaround to a drawn-out Restructuring backed by solid cash generation. Valuation support...

Inditex: Agility shields margins

Another strong year for Inditex: broad-based growth, margin stability, disciplined inventory management, and early FY26 trading up 9% underline continued outperformance potential despite macro...

BioNTech: Unjustified panic about the surprising departure of co-founders

Stronger-than-expected sales contrasted with a wider operating loss and softer 2026 guidance, while the surprise exit of the co-founders spurred a sharp market reaction. Despite governance concerns, a...

Stockmarket disappointment and end of illusions at Porsche

A harsh reality check for the German automaker, which reports a 10.1% drop in new-vehicle deliveries and a 9.5% decline in revenue in 2025, while its operating profit went up in smoke.

Eurazeo: A strong decline in NAV in Q4 25 overshadows everything

Despite resilient asset management momentum and robust Third-party fundraising, Eurazeo’s Q4 25 was overshadowed by a portfolio valuation decline that weighed on NAV and net income. While the...

BioNTech rocked on the stock market by the departure of its legendary founder couple

The German biotech's share price rout yesterday, which is a pioneer of mRNA and the company behind the first Covid vaccine.

Triple Flag Precious Metals Rakes in Gold

As global trade tensions have flared, Canada has pivoted its exports towards European markets. At the heart of this resilience are players like Triple Flag Precious Metals Corp., whose converted...

Emerald Resources Mines Momentum

Emerald Resources NL is carving its path through a complex gold landscape with quiet conviction. Strong earnings momentum, impressive share price growth, and careful cost management are fueling...

Balfour Beatty finds power in power

Balfour Beatty's latest results show a company that looks sturdier than the one investors knew a decade ago. Revenue rose, profits improved, cash piled up and the order book hit a record. Yet this is...

GEA Group: FY25: Strong 4Q results

Strong Q4 performance with rising orders, sales, and EBITDA, notable momentum in LPT, FHT, and HRT, and a positive surprise in New Food orders; FY2026 guidance points to sustained Organic Growth and...

HUBER+SUHNER: FY25: The beginning of the OCS journey

Order momentum was strong and profitability improved despite softer net sales. Management guides for at least 10% organic sales growth and an EBIT margin in the upper half of the 9-12% range, with OCS...