Analysis: Stocks

Alten: Operational resilience confirmed despite challenging market conditions

Earnings/Sales releases On January 30, Alten announced that it had achieved its targets in terms of both revenue and margins. The publication of the full-year results now provides valuable granularity...

Sandoz: Healthy 2026 outlook raises hopes for a mid-term guidance upgrade

Earnings/sales releases While Q4 sales met the street's expectations, H2 25 profitability somewhat exceeded the consensus. Most of the Q4 growth was driven by strong demand for Sandoz's biosimilars,...

Diageo: APAC weakness persists; US recovery hopes build

Earnings/Sales Releases Diageo’s performance fell short of expectations, prompting a downward revision in Guidance. The Asia Pacific region faces challenges, primarily due to weakness in China....

AMD Gets Out the Heavy Artillery

The announcement of a strategic partnership between AMD and Meta can be read in two ways. ...

UmweltBank: 2025 results in line with guidance, DPS resumption for FY 2025

Earnings/Sales releases • Operating income rose by 32% to €78m for 2025, compared to 2024. • The pre-tax profit was €6.4m for FY2025, compared to a loss of €8.5m for 2024. • UmweltBank...

Ferguson: A decent closure to FY25: Strategy reinforces long-term growth algorithm

Earnings/Sales releases Ferguson delivered solid Q4 and FY25 results, modestly ahead of expectations, driven by strong non-residential demand and large capital projects, notably data centres. FY26...

Automatic Data Processing Valued at Its Crisis Lows

The undisputed leader in payroll and human resources management in the US - the group administers the pay of one in six workers - ADP has not been spared by the stress currently weighing on the...

EVN: Q1 25/26 – Solid Networks Offset Energy Weakness; Outlook Confirmed

Earnings/Sales Releases EVN delivered Q1 25/26 EBITDA broadly in line with our estimates . Weak Energy and Generation were offset by strong Networks performance. Guidance for FY 2025/26 net profit is...

Robots and Green Energy Power Midea Group

As the traditional Chinese housing market faced a massive cooldown, Midea Group Co., Ltd. has proved that it's no longer just a household appliance brand. Midea's focus on electric vehicle components,...

Nintendo's Switch 2 Era Powers Global Expansion

Nintendo is transitioning into a new generation as Switch 2 launches, powering record sales, robust profits, and a resilient software-hardware flywheel that reinforces its global cultural ecosystem...

Saudi Arabian Mining Company has Picked the Winning Ticket

Saudi Arabia is aggressively rewriting its economic playbook, trading oil reliance for a high-stakes deep dive into its 2.5 trillion USD mineral vault. At the heart of this tectonic shift is Saudi...

Colgate-Palmolive Company : Durable Global Compounder

Founded in 1806 and headquartered in New York, Colgate markets its products in more than 200 countries and territories, employing approximately 33,600 people across over 100 countries. It's one of the...

Temenos: SaaS transition complete, US execution remains the challenge

Earnings/Sales releases Temenos delivered an exemplary performance in 2025, driven by the completion of its SaaS transition and an operational discipline that exceeded expectations. While the strength...

European registrations under pressure in January; electrified growth and Chinese OEMs accelerate

Latest European passenger car registrations declined in January 2026. Robust growth in electrified powertrains was offset by a significant decrease in ICE volumes. Renault experienced a notable...

Solvay: Macroeconomic headwinds continue to haunt Solvay

Earnings/Sales releases Lanxess' share price rose ~4%, supported by Footprint Optimization measures and possible new United States tariffs. Q4 2025 remained affected by macro-economic headwinds, with...

EdenRed: Robust cash generation builds foundation for 2026 transition; high volatility expectations remain

Earnings/Sales releases Edenred’s FY25 beat highlighted operational resilience and robust FCF. Meanwhile, the ongoing delay in implementing the Brazilian ruling provides potential upside to the 2026...

OC Oerlikon: FY25: Strong order intake, with more to come.

Earnings release/Sales releases Oerlikon delivered solid FY25 results, with a positive surprise in Aviation and Energy orders. The operational EBITDA margin declined by 122 bps due to mix and FX...

Fresenius Medical Care: Sizeable Q4 profit beat, but 2026 outlook is cautious

Earnings/Sales releases FMC delivered a strong Q4 profit beat, with record Profitability driven by accelerated FME25+ savings and operational discipline. FY 25 results also met the top end of...

MTU Aero Engines: MTU: Strong print, fading momentum into 2026

Earnings/Sales releases MTU delivered a strong FY25, supported by exceptional OEM mix and record margins. However, 2026 marks a transition phase rather than continued acceleration. While guidance is...