Analysis: Stocks

Carl Zeiss Meditec: Better-than-expected Q3; full-year guidance reaffirmed

Earnings/Sales releases CZM's Q3 results exceeded expectations, with top-line growth driven by strong performance in Microsurgery. Ophthalmology showed modest growth. The 2026 guidance was reaffirmed....

Galenica: Soft H1 26 profitability, but guidance reiterated

Earnings/Sales releases Galenica's H1 26 results were a mixed bag: sales were in line with consensus, but adjusted EBIT and net profit missed expectations, dragged down by a sharp margin decline in...

Instone Real Estate: Slower, not stalling

Earnings/Sales releases H1 26 performance is weaker than the previous year. However, management confirms that the low end of the FY 26 guidance range is achievable. Fact Bookings from individual...

Commerzbank: Unsustainable beat, open to constructive collaboration

Earnings/Sales releases The group posted stronger, albeit not sustainable, second-quarter results, as evidenced by unchanged guidance. Management remains committed to its standalone business plan but...

Tenaris: Q226: in line. Momentum is missing.

Significant newsTenaris reported Q226 results that aligned with expectations. The quarter was affected by increased logistics costs and delayed deliveries to the Middle East due to disruptions in the...

Vonovia: Still on the road to 2028

Earnings/Sales releases H1 26 earnings indicate a temporary slowdown in organic growth and reduced momentum in the Residential Development sector. However, guidance for FY 26 and through 2028 remains...

Sbm Offshore: Strong H1: Turnkey accelerates while visibility and the balance sheet strengthen

Earnings/Sales releases SBM Offshore delivered a strong first half, supported by the transactions involving ONE GUYANA and FSO Chalchi, alongside solid execution across the construction portfolio....

Andean Precious Metals Strikes Gold as Silver Shines

However, investors continue to value Andean Precious Metals Corp. stock as though the current boom is temporary....

Elsight Limited Converts Defense Momentum into Record Quarterly Revenue

Can Elsight convert its pipeline into revenue?

Flutter Entertainment: A repeat of Q1’26 – another guidance cut amid softer US trends

Earnings/Sales releases Despite a modest Q2 beat, softer United States trends, a CEO change, and a second consecutive FY26 guidance cut resulted in a 12% share decline. Management is prioritising...

Fresenius Medical Care: Q2 beat overshadowed by weakening US volumes

Earnings/Sales Releases FMC delivered better-than-expected Q2 26 results on revenue and adjusted EBIT, though the margin beat was heavily reimbursement-driven and concentrated in Care Delivery. More...

Legal & General Group: L&G 1H26 results: Beat overshadowed by solvency miss and shifting earnings mix

Earnings/Sales releases Legal & General reported 1H26 results, marked by strong core operating profit growth, and raised its guidance for the full year. However, the quality of earnings was mixed....

Novo Nordisk: Overly conservative upgrade; scope for further surprises remains open

Earnings/Sales releases The Q2 results exceeded expectations, aided by sustained strong uptake for the Wegovy pill . Consequently, the management upgraded its full-year guidance. Nonetheless, the...

Glencore: Exceptional H1 plus more positives lie ahead

Earnings/Sales releases The Swiss trading-Mining giant's H1 results smashed street expectations. While outperformance in Trading – thanks to Iran war – was largely expected, very strong dynamics...

DHL Group: Q2 EBIT growth underscores DHL's durability, but current valuation limits upside

Earnings/Sales releases DHL Group confirmed its preliminary Q2 figures and upgraded its 2026 targets. Revenue growth was driven by higher revenues in Express and Air Freight due to capacity...

Prada: Prada accelerates reshaping the growth mix

Earnings/Sales releases Prada delivered a reassuring Q2 26, with organic revenue Growth accelerating to 7%, ahead of expectations. The key positive was the Prada brand, which accelerated to 6%,...

Stock market: what are these 3 European hosting providers worth?

Faced by a huge US dominance, a handful of European companies are trying to carve out a place in the cloud. OVH, IONOS and Sinch offer three very different models.

Siemens Energy: Unabated demand momentum despite record orders as revenues and profits scale up

Earnings/Sales releases Siemens Energy posted another strong result that once again showcased robust underlying demand across its portfolio. Revenue growth stemmed from disciplined execution and...

STMicro, a standout performance over Paris and Europe

The underlying momentum around artificial intelligence continues to run hot and is clearly benefiting the Franco-Italian group, which has secured a prime position in the silicon photonics supply...