Analysis: Stocks

Glencore: Trading made a killing in H1; attractiveness remains intact

Latest Even though the Swiss giant's H1 production was largely weak, key highlight of today's release was trading profits – which unsurprisingly swelled on the back of Iran war-induced price...

Logitech International: 1Q27: Commercial strength is nothing without suppliers

Earnings/Sales releases Logitech delivered a mixed quarter. On the bright side, confirmed commercial strength with market share gains even in declining categories, and well-controlled COGS supporting...

BioMerieux: H1 profitability largely met expectations; however, the mid-term guidance downgrade was disappointing

Earnings/sales releases Biomérieux's H1 profitability largely met expectations. Q2 sales growth was driven by increases across both segments, supported by its GO28 growth drivers. Management has...

GSK plc: Another beat; we appreciate the new CEO's aggressive intent

Earnings/Sales releases The Q2 results were ahead of expectations, backed by strong growth across GSK’s key focus areas. The management maintained its full-year guidance. Also, a new cost savings...

An unusual yet intriguing pair trade opportunity

Latest After a euphoric run, Antofagasta and Norsk Hydro are under selling pressure and now also have an extremely negative AV momentum metric. While growing supply risks and/or AI-driven rosy demand...

M6-metropole Television: Mixed Q2 due to foreseeable World Cup loss

Earnings/Sales releases M6 delivered mixed Q2 results with strong top-line growth and a bottom-line decline linked to the World Cup. We fail to see a durable improvement in market share and the audio...

Sulzer: 1H26: Fairly valued

Earnings/Sales releases Despite the strong performance, we are becoming more cautious. First, the Services business remains disappointing. Second, the full year is expected to be heavily weighted...

Sika: Back to growth, with more to come

Earnings/Sales releases Sika delivered a strong Q2 2026, with growth well ahead of expectations and broad-based momentum across EMEA, the Americas, and Asia-Pacific excluding China. The performance...

Michelin: Resilient Q2, Truck Recovery to Support H2 Performance

Earnings/Sales releases Michelin reported mixed Q2 results, with a significant beat on FCF and operating margin, but a miss on earnings due to a lower-than-expected contribution from equity...

Koninklijke Philips NV: Caution in Q3 overshadows the underlying business strength, presenting a buying opportunity

Earnings/Sales releases Philips' Q2 sales surpassed expectations, with profitability excluding one-offs meeting forecasts. The 2026 guidance was reaffirmed. However, concerns arose due to a decline in...

Unilever: Volume strength gives pricing room

Earnings/Sales releases Unilever reported robust half-year results, marking its best quarterly volume performance in over a decade, primarily driven by broad-based demand rather than pricing. In H2,...

You Buy the ETF. Who Collects the Toll?

Millions of investors buy the MSCI World so they no longer have to pick stocks. The publicly traded company that defines this world charges a toll for that peace of mind. Its business model is...

Safran: The aftermarket engine keeps running

Earnings/Sales releases Safran delivered another high-quality quarter. Exceptional civil aftermarket demand, pricing and heavier CFM56 workscopes drove another margin step-up and strong cash...

Barclays: Confirmed guidance

Earnings/Sales releases The group posted stronger, albeit potentially not fully sustainable, profits. As a result, the management confirmed its 2026 and 2028 RoTE guidance, thus reaffirming its...

Saipem: Rebound in order-intake in Q2, but conflict-related cost overruns eat the margins

Earnings/Sales releases Activity is progressing and order intake is picking up sharply, driven by the Middle East onshore and by two deepwater projects in Angola and Guyana. However, profitability...

Rexel: Europe picks up pace!

Earnings/Sales releases Rexel reported H1'26 results ahead of both consensus and AV estimates, driven by strong North American data centre demand, improving European electrification trends, and...

Square Enix Finds Profits but Loses Applause

Square Enix Holdings Co., Ltd. squeezed more profit from its gaming portfolio. Investors, however, seem unconvinced.

Catalyst Metals Strikes Gold

Catalyst Metals has come out swinging with some flashy numbers, even with usual mining headaches and rising bills.

Can Zijin Gold Justify Analyst Optimism with Consistent Delivery?

Zijin Gold International Company Limited is posting fast growth, thanks to strong gold demand, although operational discipline remains crucial.