Analysis: Stocks

Eurazeo: Good quarter across the board for Eurazeo

Earnings/Sales releasesEurazeo reported another good quarter on the asset management side with good Fundraising, AUM growth, and an increase in management fees. The performance of balance sheet assets...

Stora Enso: Q2 profit miss triggers a sell-off, but it's an overreaction

Earnings/Sales releases Even though Stora’s profit missed street expectations, the results weren’t bad and were similar to Q1 – wherein Packaging remained reassuring. In fact, this time Pulp too...

Repsol: Repsol: Refining contributes to the Q2 oil shock

Earnings/Sales ReleasesRepsol's second quarter 2026 results came in above both comparable quarters, driven almost entirely by Industrial. The surge in Brent, a consequence of the Strait of Hormuz...

Moncler: Not bad, just uneven

Earnings/Sales releasesMoncler published H1 26 results, with Q2 top-line growth slightly ahead of consensus expectations, despite Q2 being structurally the group's weakest quarter. However, the...

RELX Group: H1 26: More proof that AI disruption remains a mirage for RELX

Earnings/Sales releasesRELX published good results again with strong performance at all levels except for the Exhibitions division, which was obviously impacted by travel disruptions in the Middle...

Mitchells & Butlers: Weaker Q3 sales, though guidance is maintained

Earnings/Sales releases M&B's Q3 trading update was softer than expected, with lfl sales flat yoy as food sales declined by 2.4% and drink sales grew by 2.6%. The quarter was affected by extreme heat,...

Gecina: Still resilient in a more and more challenging market

Earnings/Sales releases Book value contracted slightly on a like-for-like basis in the first half of 2026. Revenue growth is slowing. Gecina’s positioning in prime segments allows it to continue...

Centrica: HY26: Earnings beat, Infrastructure upgrade, Retail caution and FY27 outlook tempered

Earnings/sales releases Centrica delivered a better-than-expected HY, with AOP of £497m , driven by strong Infrastructure performance, partly reflecting higher effective tax rates on Spirit Energy...

Bankinter: Uninterrupted momentum

Earnings/Sales releases The group posted a good set of results, boosted further by volatile success fees. The management upgraded its full-year fee income growth guidance and confirmed its intention...

Region Group's Growth Story Needs Proof

Investors are waiting to see if rising population and employment levels can directly lift the company.

Fertiglobe Net Profit Triples as Global Supply Chains Tighten

As the escalating Middle East conflict threatens to block key shipping routes, cautious investors are examining the company's record-breaking financial resilience.

FUCHS Pref.: Pre-buying boost Q2 prelim numbers

EARNINGS/SALES RELEASESFuchs announced strong Q2 2026 preliminary results, driven by pre-buying and likely market share gains. The FY 2026 guidance is slightly positive. The Iran war led supply chain...

Dassault Aviation: Rafale ramp drives beat, optionality builds beyond FCAS

Earnings/sales releases Dassault Aviation’s H1 confirms that the Rafale ramp is translating into stronger earnings quality, with a better mix and clearer operating leverage. Falcon demand is also...

Temenos: Home alone with $20m left on the 2Q table

Earnings/Sales releases Temenos delivered a two-sided second quarter. On one hand, a shortfall in the SaaS segment driven by sales-cycle delays, notably in Europe, which caused the company to miss...

SCA: Sequential Q2 rebound offers valuable respite, also for the sector

Earnings/Sales releases SCA’s Q2 results were much-better vs. tough Q1 and also marginally exceeded street expectations. While Forest and Energy remained strongholds – with latter also benefiting...

Fortum: HY-26 : Q2 disappoints as lower achieved prices and nuclear outages weigh

Earnings/Sales releases Fortum's Q2 results were mixed but, above all, disappointing, with earnings missing consensus despite stronger-than-expected hydro generation at 4.4TWh. Achieved prices...

Randstad: Improving topline, opex discipline

Earnings/Sales releases Organic revenue growth accelerated in Q2 2026, driven by Operational and Enterprise segments, with growth returning in North America and Germany. Trading conditions remained...

VAT Group: AI-driven semiconductor capex fuels record order momentum; strategic acquisition broadens long-term growth

Earnings/Sales releases VAT Group delivered a strong Q2 26 report, driven by AI infrastructure investments. H1 2026 order intake increased by 75% YoY, while Q2 orders reached a record CHF 500 million,...

Lonza Group: Mixed results as Integrated Biologics' growth offsets strong operating performance

Earnings/Sales releases Lonza published its 1H results, with a strong operating performance but a mixed revenue outcome. The group grew by +16% YoY, with strong FX headwinds affecting only the...