Air France KLM Azione Forum

Summary Earnings, 07.11.

$MUV2 (-0,5%)
| Munich Re Q3 24 Earnings

EPS EU7.02 (est EU6.67)

Sees FY Insurance Rev. About EU61B, Saw About EU59B

Sees FY Profit Above EU5B, Saw EU5B

$RHM (+1,63%) | Rheinmetall AG Q3 24 Earnings

Sales EU2.45B (est EU2.42B)

Still Sees FY Sales About EU10B (est EU9.99B)

Sees FY Operating Margin At Upper End Of Guidance

Nissan Motor Q2 2024 Earnings $7201 (+0,06%)

Q2 Operating Income 31.91B Yen (est 65.25B Yen)

Q2 Net Loss 9.34B Yen (est Profit 49.07B Yen)

Sees FY Oper Income 150.00B Yen, Saw 500.00B Yen

To Cut 9,000 Jobs Globally

To Reduce Global Production Capacity By 20%

To Sell Back Up To 10.02% Of Mitsubishi Motors Shares

Air France KLM Q3 24 Earnings $AF

EBITDA EU1.90B (est EU1.9B)

Rev EU8.98B (est EU8.88B)

Net Income EU780M (est EU874.3M)

Sees FY Capex EU3B, Saw Below EU3B

$TEF (+1,75%) | Telefonica Q3 24 Earnings

REV. EU10.02B (est EU10B)

Adj. EBITDA EU3.26B (est EU3.26B)

Net Income EU10M (est EU357M)

To Book €314 Million Non-Cash Impairment For Peru

ArcelorMittal Q3 24 Earnings: $MT (-1,08%)

- Sales $15.20B (est $15.23B)

- EBITDA $1.58B (est $1.47B)

- Still Sees FY CAPEX $4.5B To $5.0B

- Markets Conditions Are 'Unsustainable'

- Positive On Medium/Long Term Outlook

Daimler Truck Holdings Q3 24 Earnings: $DTG (-4,27%)

- Rev EU13.14B (est EU12.98B)

- Adj EBIT EU1.19B (est EU1.13B)

- Still Sees FY Rev EU53B To EU55B (est EU53.45B)

Adyen disappoints with lower than expected sales growth and loses 13% on the stock market. $ADYEN (-4,7%)

Lanxess-shares rise by 4.4% to 26.80 euros after a positive quarterly report, having previously fallen by 13%. The operating margin exceeds expectations, although prices weaken. $LXS (-3,58%)

National Grid increased its adjusted operating profit by 14% to 2 billion pounds in the first half of the financial year and expects an increase of around 10% for the year as a whole. Higher fees in New York and higher revenues in the UK are supporting growth. $NG. (-0,42%)

AMS-Osram increased its profitability in the third quarter despite a decline in sales, but expects business development to be subdued in the fourth quarter and early 2025. To ensure profitability, the company plans further cost reductions of 225 million euros by the end of 2026. $AMS

Suess Microtec is more optimistic after a strong third quarter and now expects to achieve its annual targets in the upper half of the forecast range. Sales are expected to reach 380 to 410 million euros, with an EBIT margin of 14 to 16 percent. $SMHN (+1,16%)

The investment company Mutares slips into the red operationally in the third quarter with an adjusted EBITDA loss of EUR 16.5 million. However, sales increased by 14% to 3.9 billion euros. $MUX (-3,12%)

Delivery Hero expects a free cash flow of EUR 50 to 100 million for 2024 and anticipates GMV growth at the upper end of the forecast of 7 to 9 percent. However, the Group expects adjusted EBITDA to be at the lower end of the range of EUR 725 to 775 million. $DHE

Deutz recorded an 80% drop in profits to EUR 7.2 million in the third quarter and slipped into the red with a bottom line of EUR 2 million. Turnover falls by 14.9% to 430.4 million euros due to a slump in demand. $DEZ (-3,78%)

Compugroup Medical records a decline in EBITDA in the third quarter

EBITDA fell by 12% to 54.9 million euros in the third quarter, but slightly exceeded

analysts' expectations slightly. Turnover falls by 1% to 283.4 million euros

euros, and the company confirms its reduced forecast for 2024. $COP (-0,13%)

Alzchem reports a jump in profits for the first nine months with

a 36% increase in EBITDA to EUR 76.8 million and increases the EBITDA margin to

EBITDA margin to 18.5 %. The Group is sticking to its profit target for 2024

but is aiming for the lower end of the sales forecast due to the discontinuation of low-margin

the lower end of the sales forecast. $ACT (-2,51%)

Nordex is raising its forecast for the EBITDA margin for 2024 and

now expects it to be closer to the upper end of the range of three to four

percent. In the first nine months of the year, the company recorded

an increase in revenue of 14 percent to EUR 5.1 billion and an improved

improved EBITDA margin of 3.7 percent. $NDX1 (-0,04%)

Nemetschek recorded an increase in revenue in the third quarter thanks to the

thanks to the GoCanvas acquisition, Nemetschek recorded a 15.1% increase in revenues to 253 million euros,

however, earnings remained slightly below expectations. The

The operating costs of the acquisition put pressure on profits, so that EBITDA

increases by 6.7 %. $NEM (-0,52%)

Rational increases earnings before interest and taxes in the third quarter

taxes by 18% to just under 78 million euros, exceeding analysts'

analysts' expectations, while sales revenues grew by 8% to 294 million

euros. The company confirms its forecast for the year. $RAA (+2,46%)

Starlinks Network with over 6.000 satellites surpasses traditional providers such as Intelsat
$PA and Panasonic
$6752 (-2,34%) and is increasingly securing contracts with major airlines.

As in-flight connectivity becomes increasingly important for passengers, airlines such as Air France
$AF and United
$UAL (+3,22%) are increasingly relying on Starlink and offer their guests free WLAN with speeds of over 200 Mbit/s.

Despite high installation costs, Starlink is establishing itself as the future of Internet use in air travel and is taking the travel experience to a new level for millions of passengers.

getquin Daily Summary 28.10.2022

Hello getquin,

Happy Friday to all of you. Did you have a good week?

Europe🌍:

1. Credit Suisse Update

Credit Suisse is in a crisis. To get out of this crisis, the Swiss bank wants to raise $4 billion from investors. To cut more costs, Credit Suisse wants to cut up to 9,000 jobs and focus on wealthy clients as part of a major strategic overhaul from investment banking.

Read more: https://reut.rs/3DE4S8a

🟥 $Credit Suisse 3,86€ (🔽 -0,52%)

America🌏:

2. Elon Musk buys Twitter!

Elon Musk has completed the purchase of Twitter, after much back and forth. He is now "Chief Twitt" and has taken complete control of Twitter. The CEO Parag Agrawal and the CFO have left Twitter. It is still unclear how Elon Musk managed to finance the deal. Musk has big plans and wants to turn Twitter into a "common digital town square" where (almost) all opinions should be represented and accepted! If you could lend Elon Musk money to finance the Twitter purchase, would you do it?

Read more: https://cnb.cx/3gFQsLw

$TWTR → suspended from trading!

3. unemployment figures in USA rise slightly

The number of applications for unemployment benefits in the U.S. rose slightly last week, but remained at a historically low level. Initial claims for unemployment benefits, an indicator of layoffs, rose slightly last week to a seasonally adjusted 217,000 from 214,000 the previous week.

Read more: https://on.wsj.com/3Wamcc3

Special: Audi partners with Sauber in Form 1

The German manufacturer announced in August that it will enter Formula 1 as an engine supplier. Audi will manufacture the power unit at its plant in Neuburg, Germany, where more than 120 people are already working on the project.

Read more: https://f1.com/3sEOT3l

Quarterly figures:

⌚️ $AAPL (+0,65%) 155,62€ (🔼 +6,12%)

EPS: 1.27 expected vs 1.29 published; difference: 1.44% 🟩

Sales: $88.77 billion expected vs $90.15 billion published; difference: 1.55% 🟩

🛒 $AMZN (-0,02%) 101,96€ (🔼 +10,35%)

EPS: 0.20 expected vs 0.28 published; difference: 37.07% 🟩

Sales: $127.47 billion expected vs $127.10 billion published; difference: -0.29% 🟥

Stocks of the day:

🟩 TOP $AMZN (-0,02%) 101,96€ (🔼 +10,35%)

🟥 FLOP $AF 1,36€ (🔽 -12,28%)

🟩 Most searched $META (+0,4%) 99,86€ (🔼 +2,10%)

🟩 Most traded $AMZN (-0,02%) 101,96€ (🔼 +10,35%)

🟩 S&P500, 3,863.48 (🔼 +1.48%)

🟩 DAX, 13,245.49 (🔼 +0.26%)

🟩 Bitcoin ₿, 20,573.29€ (🔼 +1.05%)

Time: 17:15 CEST

#MarketNews
#MarketNewsUpdate

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

Ex-dividend date: Blackstone Group ( $BBN1 (+1,53%) ), Citigroup ( $TRVC (+1,33%) ), Hasbro ( $HAS (+1,5%) ), Texas Instruments ( $TII (+2,43%) ), Evertec ( $2EV (+1,22%) ), Kinder Morgan ( $2KD (+2,78%) ), Oneok ( $ONK (+3,15%) ) and Banco Santander ( $BSDK (-1,35%) ).

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today Air France-KLM ( $AFR ), Bank of China ( $BOF (+1,01%) ), BNP Paribas ( $BNPQY ), Caixabank ( $48CA (-2,07%) ), Chevron Corporation ( $CHVG ), Daimler AG ( $DAI (-3,33%) ), FORTEC Elektronik ( $FEV (+1,62%)), W. W. Grainger ( $GWW (+1,93%) ), Nomura Holdings ( $NSEA (+2,82%) ), PetroChina ( $PC6 (-1,57%) ) and Weyerhaeuser ( $WHC (+1,23%) ) present their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Daimler ( $DAI (-3,33%) ) - Despite a massive drop in sales, Daimler was able to post surprisingly good numbers in the last quarter. Thanks to higher prices, the company was able to keep its revenues almost stable and even increase its profit. Net profit rose by 21 percent and now stands at 2.47 billion euros. Analysts expect the share price to rise as Daimler has proven its strength and resilience.

Facebook / Meta ( $FB2A (+0,4%) ) - The group is changing its name to "Meta." The idea is to create a brand that unites all of the group's businesses and products. The reason for this name is the planned metaverse that the group wants to build.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Ethereum ( $ETH-USD (+0,2%) ) - Following the successful launch of the Altari Beacon blockchain update, ETH hit a new all-time high of $4,400.97 last night. The upgrade paves the way for ETH 2.0, which will be based on proof of stake rather than proof of work. ETH has been able to maintain bullish momentum since July, when its price was still at $1,780. Ethereum has particularly benefited from the rise of DeFi and NFT in recent months.

Thanks a lot @MarketNewsUpdate for the shoutout! ;)

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗣𝗵𝗮𝗿𝗺𝗮, 𝗔𝘂𝘁𝗼 𝘂𝗻𝗱 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺

𝗜𝗣𝗢𝘀 🔔

Biofrontera AG ($B8F) - The US subsidiary Biofrontera Inc. is going public. This is expected to raise gross proceeds of approximately $18 million.

The Leverkusen-based company specializes in dermatological pharmaceutical products and markets a drug for photodynamic therapy.

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, Blackstone Group ($BBN1 (+1,53%)), Citigroup ($TRVC (+1,33%)), Hasbro ($HAS (+1,5%)), Texas Instruments ($TII (+2,43%)), Evertec ($2EV (+1,22%)), Kinder Morgan ($2KD (+2,78%)), Oneok ($ONK (+3,15%)) and Banco Santander ($BSD2 (-1,34%)) traded ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today, among others, Air France-KLM ($AFR), Bank of China ($BOF (+1,01%)), BNP Paribas ($BNPQY), Caixabank ($48CA (-2,07%)), Chevron Corporation ($CHV (+0,94%)), Daimler AG ($DAI (-3,33%)), FORTEC Electronics ($FEV (+1,62%)), W. W. Grainger ($GWW (+1,93%)), Nomura Holdings ($NSE (+3,47%)), PetroChina ($PC6 (-1,57%)) and Weyerhaeuser ($WHC (+1,23%)) presented their figures.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Daimler ($DAI (-3,33%)) - Despite a massive slump in sales, Daimler was able to post surprisingly good figures in the past quarter. Thanks to rising prices, the group was able to keep its revenue almost stable and even increase its profit. The share price has risen in recent weeks from 70 euros in mid-September to just under 84 euros. Net profit increased by 21 percent and now stands at 2.47 billion euros. Analysts expect the share price to rise, as Daimler has proven to be robust and resilient.

Facebook / Meta ($FB2A (+0,4%)) - The group is renaming itself "Meta." This is intended to create a brand that unites all of the Group's companies and products. The reason for this name is the planned metaverse that the Group wants to build.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

Ethereum ($ETH-USD (+0,2%)) - After the successful launch of the Altari Beacon Chain Upgrade, ETH was able to reach a new all-time high of $4,400.97 last night. Said upgrade paves the way for ETH 2.0, which will then be based on proof-of-stake rather than proof-of-work. ETH has been able to maintain bullish momentum since Julie, when the price of it was still at $1,780. Ethereum has particularly benefited from the DeFi & NFT boom in recent months.

Follow us for french content on @MarketNewsUpdateFR