Analysis: Stocks

South32: Strong H1 + turnaround back on track, but there are brewing risks

Earnings/Sales releases Thanks to various price tailwinds and operational normality, South32 reported healthy H1 results. In effect, the firm's overall operations are recovering well – which is also...

Fresh Del Monte Produce Inc. : Leader in fresh fruits

Fresh Del Monte Produce is a global producer and distributor of fresh and fresh-cut fruits and vegetables, with an additional and meaningful prepared foods business across Europe, Africa, and the...

Emerson Electric Co. : The Industrial Software Flywheel

Founded in 1890 and headquartered in St. Louis, Missouri, Emerson has evolved into a global automation leader, focused on helping process, hybrid, and discrete manufacturers optimize operations...

Legrand ready to scale up

This year, North America is becoming the leading market for the electrical infrastructure specialist. Building no longer accounts for the bulk of the group's sales, driven by nearly 40% growth in its...

Spotify Sets the Pace

The world's largest music platform is finally starting to use its weight to deliver real profitability.

Outokumpu: Thank God the competitive environment will change

Earnings/Sales releases The group reported disappointing results for FY25, with a weaker-than-expected Q4. Outokumpu remains the weakest performer in our stainless steel sector. Despite anticipated...

Hermes International: Endurance over excitement

Earnings/Sales releases Hermès delivered another outstanding year, with both top-line and profitability exceeding consensus and our expectations. Growth was broad-based across regions and métiers,...

Safran: Safran raises the bar

Earnings/Sales releases Safran's release goes beyond a clean annual delivery. The key message is structural: management has materially upgraded its medium-term ambitions, signalling stronger...

NatWest: A good set of results confirms Evelyn-related risk premium

Earnings/Sales Releases The group posted a strong set of quarterly results. The updated 2026 Guidance is in line with consensus expectations. On the other hand, the 2028 Guidance is above...

Deutsche Boerse: Q4: Strong Jaws, Strategic Path De-risked

Earnings/Sales releases Deutsche Boerse delivered solid Q4 results, with 7% Growth in net revenue driven by Software and Securities Services. Key highlights include 6pp positive jaws, reaffirmed 2026...

Eutelsat Communications: Q2 26: Eutelsat showing signs of stability

Significant newsEutelsat delivered H1 FY2025–26 results in line with expectations, confirming full-year objectives. The key positive development was the successful completion of a €1.5bn capital...

Three European stocks analysts love

Amongst stocks that are best rated by analysts, which offer the best balance between positive and negative recommendations? A closer look at European mid-caps covered by over five analysts, for which...

Metso Corporation: FY25 OK. A (too?) modest guidance

Earnings/sales releases The group reported satisfactory results for FY25. However, the Outlook appears conservative considering the current Mining environment, bolstered by high metal prices. Given...

Ubisoft Entertainment: Solid fiscal Q3, but the implied Q4 guidance could be too optimistic

Earnings/Sales releasesOn 12 February, Ubisoft released its Q3 2025/26 figures, which came in slightly above the revised guidance for Net Bookings of EUR 330m. However, given the fact that only two...

Norsk Hydro: Q4 beat and major dividend increase, but markets need more reassurance

Earnings/Sales Releases 2025 ended on a strong note, with Norsk’s Q4 results coming ahead of street expectations and the firm announcing a sizeable 2025 dividend increase. While the firm’s shares...

Capgemini: 2025 success secured: Full speed ahead toward 2026 execution

Earnings/Sales releases Capgemini reassures with Growth coming in above expectations. The strong rebound observed in Q4, driven by the consolidation of WNS and the return to positive organic Growth,...

Airbnb posts underwhelming results

For the short-term rental specialist, FY 2025 delivered revenue growth in line with the previous year, confirming a marked slowdown in its expansion.

Michelin: Challenging FY25 and cautious FY26 outlook offset by strong shareholder returns

Earnings/Sales Releases Michelin reported mixed FY25 results, surpassing revised guidance despite headwind from volume declines, particularly in SR2/3, as well as FX and tariff headwinds. Following...

Mesoblast Leads Global Regenerative Therapy Expansion

Mesoblast has matured into a regenerative-medicine leader, leveraging FDA-approved Ryoncil® and dual MSC platforms to meet aging-population demand, while solidifying commercial infrastructure,...