Analysis: Stocks

Ubisoft cuts guidance again and takes write-down

Ubisoft warned of a deeper downturn, citing 13 game cancellations or delays and a EUR 650m write-down. The publisher now targets EUR -1bn in non-IFRS EBIT this year and has withdrawn its 2026/27...

Investor outperforms in Q4 amid FX headwinds

Investor’s NAV rose 6% in Q4 to SEK 954bn, with adjusted NAV up 14% in 2025 and total shareholder return beating SIXRX by 2pp. Listed holdings drove gains while FX weighed on private assets;...

Carl Zeiss Meditec warns after weak Q1

The German eye care group issued an early preliminary update that missed consensus and signaled weaker Profitability, saying its FY 2025-26 targets are under review. Guidance will be updated before Q2...

Getlink raises 2025 Ebitda guidance on resilience

Despite a reported 1% revenue decline to €1.595bn due to ElecLink normalisation, Getlink's core businesses delivered record sales and stronger profitability. A final €55m insurance compensation...

Bankinter nudges 2026 guidance on cost savings

Bankinter delivered in-line Q4 results with a stable margin, robust loan growth in Portugal and Ireland, solid fee momentum, and benign Asset quality. Management slightly improved 2026 guidance,...

Aryzta signals progress in FY25 trading update

Aryzta's latest trading update reassures after recent uncertainty, with Organic Growth set to top consensus, stronger free cash flow from working capital gains, lower financing costs, and early...

Ubisoft hammered on the stockmarket after its profit warning

Ubisoft was obliterated on the stockmarket this morning, after issuing what Oddo BHF called a mega profit warning. ...

Luk Fook's Jewelry Brilliance Continues to Shine

Luk Fook Holdings Limited's booming H1 26 performance reflects a sparkling global jewelry market, fueled by resilient Asian demand, premium strategies, and digital innovation while navigating gold...

Capstone Copper Mines has Deep Pockets (and Volumes)

The company is leading the way, despite mechanical setbacks in Arizona and labor unrest at Monteverde. The Vancouver-based heavyweight has managed to convert its volumes into revenue in the latest...

Huber + Suhner sales steady, orders grow

Huber + Suhner reported sales in line with guidance and a double-digit increase in order intake, supported by strong Industry and Communication demand. The company gave no new FY26 guidance, while...

3M Now Back from the Wilderness

Yesterday, the market reacted poorly to the US group's full-year results.

Hera updates business plan as results miss

Hera released a refreshed five-year business plan alongside preliminary 2025 figures that came in slightly below consensus. The group raised investment ambitions, kept leverage in check, and set 2029...

Currys raises guidance on Nordics recovery

Currys reports 6% LFL sales growth on strong peak trading, driven by market share increase in the United Kingdom and Nordics, Omni-Channel Sales Growth, Recurring revenue growth and rising credit...

Burberry lifts Q3 sales on Asia strength

Burberry reports a second straight quarter of sequential retail improvement, driven by Greater China and Asia Pacific. Double-digit growth among Gen Z customers and stronger outerwear and scarves...

Experian reaffirms FY guidance after steady Q3

Experian posted in-line Q3 results with 8% Organic Growth, led by North America, while Latin America and UK&I B2B faced macro pressure offset by resilient Consumer Services. Management kept FY...

J D Wetherspoon sales rise, profit outlook lower

J D Wetherspoon reported stronger Q2 like-for-like sales and robust Christmas trading, outpacing the United Kingdom pub market. However, higher operating costs are set to depress first-half profits...

Barry Callebaut volume miss amid CEO appointment

Barry Callebaut posted Q1 25/26 sales ahead of consensus on price increase pass-through but missed on volumes, signaling pressure in Western Europe and North America. Hein Schumacher was named CEO,...

Alstom Firing on All Cylinders - But Some Caution Over Cash Flow Generation

After dropping more than 1% at market open, Alstom has rebounded into positive territory. The stock is treading carefully following yesterday's announcement of sharply higher revenue and orders in Q3...

Atos delivers in turnaround, 2026 proof awaited

Preliminary 2025 results align with guidance as exits from loss-making contracts improve the base for 2026. Focus shifts from Cost Cleanup and portfolio reshaping to commercial momentum, with a return...