Roblon’s revenue and earnings for the first quarter of 2025/26 fell short of Management’s guidance at the beginning of the financial year The Board of Directors of Roblon A/S has today considered and approved the interim report for the first three months of 2025/26. Highlights Q1 2025/26 Consolidated revenue amounted to DKKm 29.8, against DKKm 51.1 in the year-earlier period. Whereas the FOC produ...
Roblon’s revenue and earnings for the first quarter of 2025/26 fell short of Management’s guidance at the beginning of the financial year The Board of Directors of Roblon A/S has today considered and approved the interim report for the first three months of 2025/26. Highlights Q1 2025/26 Consolidated revenue amounted to DKKm 29.8, against DKKm 51.1 in the year-earlier period. Whereas the FOC product group improved, the revenue decline in the Composite area was more pronounced than expected. EBITDA before special items was a loss of DKKm 6.3 (a profit of DKKm 6.7). EBIT before special items was a loss of DKKm 9.2 (a profit of DKKm 3.0), and profit/loss from continuing operations before tax was a loss of DKKm 10.4 (a profit of DKKm 4.6). While Management did expect a lower level of activity in the first quarter of 2025/26, both revenue and earnings were lower than expected. The primary reason was that one of Roblon’s largest customers in the offshore oil and gas industry temporarily reduced its procurement due to excess inventories. This will adversely affect order intake and revenue for the rest of the financial year. Guidance for FY 2025/26 In Roblon’s Company Announcement no. 4 dated 3 March 2026, as a consequence of the above and other factors, Management downgraded its profit guidance for the financial year 2025/26, and this lower guidance is maintained. Based on the lower activity level and updated market outlook, Management has implemented necessary cost adjustments, including organisational changes. These measures are expected to reduce costs by some DKKm 5 for the full year 2025/26, and their full effect will be seen after the first quarter. The measures have been implemented to ensure more robust and cost-effective operations in a market characterised by considerable volatility. The performance for Q1 2025/26, updated market outlook and adjustments to the Group’s overhead costs were the reasons for the revised guidance set out in Company Announcement no. 4 o...
Roblon realiserede i 1. kvartal af regnskabsåret 2025/26 en omsætning og et resultat, som lå under de forventninger, ledelsen havde ved indgangen til regnskabsåret
Roblon realiserede i 1. kvartal af regnskabsåret 2025/26 en omsætning og et resultat, som lå under de forventninger, ledelsen havde ved indgangen til regnskabsåret
22m ago 08.57 GMT Minister plays down Trump’s Nato threat Good morning. Keir Starmer is holding a press conference in Downing Street this morning. As Kiran Stacey reports, the PM’s main intention will be to announce support for people most hit by rising energy prices, particularly householders reliant on heating oil. The measures are expected to be worth tens of millions of pounds. But, inevitably...
22m ago 08.57 GMT Minister plays down Trump’s Nato threat Good morning. Keir Starmer is holding a press conference in Downing Street this morning. As Kiran Stacey reports, the PM’s main intention will be to announce support for people most hit by rising energy prices, particularly householders reliant on heating oil. The measures are expected to be worth tens of millions of pounds. But, inevitably, most of the focus likely to be on how Starmer responds to the latest provocations from Donald Trump. To recap: last weekend Trump was dismissing the UK’s stance saying that the US did not need Britain’s support in the Gulf anyway because “we don’t need people that join wars after we’ve already won”. This weekend he was asking the UK, and other countries, to send warships to help keep the strait of Hormuz open. The government has indicated that it won’t deploy warships, but it may send minesweeping drones. Here are some of today’s headlines. View image in fullscreen Telegraph splash Photograph: Telegraph View image in fullscreen Times splash Photograph: Times View image in fullscreen Guardian splash Photograph: Guardian The full Guardian story is here. After briefly sounding solicitous, Trump is now back in threat mode. In a brief interview with the Financial Times he implied that, if countries like the UK did not deploy warships to protect oil tankers going through the strait of Hormuz, he might pull the plug on Nato. He said: double quotation mark It’s only appropriate that people who are the beneficiaries of the Strait will help to make sure that nothing bad happens there … If there’s no response or if it’s a negative response I think it will be very bad for the future of Nato. We will hear what Starmer has to say about this later, but we have already had a response from Pat McFadden, the work and pensions secretary, who has been on the morning interview round. Speaking on Sky News, McFadden downplayed the threat, arguing that the US-UK alliance was strong enough to “ou...
Mid-to-senior managers at China’s state-owned financial institutions are facing steep pay cuts as a long-running compensation overhaul starts to bite, with adjustments likely to be applied retroactively to 2024, Caixin has learned. Many managers only realized the scale of the reductions when delayed 2024 bonuses were finally paid at the end of last year, with payouts far below expectations, source...
Mid-to-senior managers at China’s state-owned financial institutions are facing steep pay cuts as a long-running compensation overhaul starts to bite, with adjustments likely to be applied retroactively to 2024, Caixin has learned. Many managers only realized the scale of the reductions when delayed 2024 bonuses were finally paid at the end of last year, with payouts far below expectations, sources familiar with the matter told Caixin.
Toa55/iStock via Getty Images By Lynn Song, Chief Economist, Greater China Property prices continued to decline, albeit at a slower pace One of the core drivers of China's soft domestic demand has been the protracted downturn in the property cycle, which has been a notable drag on household confidence and investment. The price decline continued in February. New home prices fell by -0.28% month-on-...
Toa55/iStock via Getty Images By Lynn Song, Chief Economist, Greater China Property prices continued to decline, albeit at a slower pace One of the core drivers of China's soft domestic demand has been the protracted downturn in the property cycle, which has been a notable drag on household confidence and investment. The price decline continued in February. New home prices fell by -0.28% month-on-month, while used homes fell by -0.43% MoM. Home prices have been in sequential decline for the past 33 months. They’re now down 13% for new home prices and 22.2% for used home prices, representing major blows to household balance sheets. However, relative to the past few months of rather dismal data, there were several silver linings. Overall, the monthly decline in February was the smallest since May 2025. The city-level data looked generally stronger than it had in a few months. The new-home market showed signs of improvement, with 17 cities seeing prices stabilise or increase in February. For the used home markets, Beijing and Shanghai saw price increases on the month, while prices were flat in Shenyang and Xiamen. The 66 other cities in the sample all saw price declines in February. Nonetheless, the proportion of cities with prices unchanged or rising was the highest since May 2025. Resolving property market risks was a goal mentioned at China's Two Sessions, but the aggressiveness of policy action remains to be seen. Success or failure will likely play a big part in how efforts to increase domestic demand unfold. Fixed asset investment returns to tepid positive growth Fixed asset investment rebounded to 1.8% year-on-year, year to date, for the first two months of 2026, improving incrementally from the -3.8% YoY drop in 2025. The level bucked market expectations for a steep -5.1% YoY decline to start the year; it was roughly in line with our forecast. After registering the only full-year investment contraction since the data became available, policymakers signalled an ...
Few quarterly data releases are more valuable to investors than the filing of Form 13Fs with the Securities and Exchange Commission. A 13F allows investors to track which stocks Wall Street's prominent money managers bought and sold in the latest quarter (in this instance, the fourth quarter). Billionaire investor Dan Loeb of Third Point certainly fits the bill of a fund manager whose trading acti...
Few quarterly data releases are more valuable to investors than the filing of Form 13Fs with the Securities and Exchange Commission. A 13F allows investors to track which stocks Wall Street's prominent money managers bought and sold in the latest quarter (in this instance, the fourth quarter). Billionaire investor Dan Loeb of Third Point certainly fits the bill of a fund manager whose trading activity is closely monitored by investors. According to Third Point's 13F detailing fourth-quarter trades, Loeb slashed his stake in "Magnificent Seven" member Amazon (AMZN 0.87%) and loaded up on more than 4.7 million shares of a consumer-facing favorite that's skyrocketed over 3,700% since its initial public offering (IPO). Billionaire Dan Loeb sent almost a quarter of his fund's Amazon shares packing Third Point's billionaire boss is a relatively active investor. During the fourth quarter, he exited 13 stocks and reduced his fund's stake in 14 others, including dual-industry leader Amazon. The 645,000 shares sold cut Third Point's position in the company by 23%. Moreover, it marks a 57% reduction since the midpoint of 2024. Profit-taking is one reason for this selling, but it may not be the only one. On average, Loeb has held his top-10 holdings by market cap for just shy of one year, signaling that he's not afraid to cash in his chips when the opportunity presents itself. With Amazon's shares hitting an all-time high of more than $250 during the fourth quarter, Loeb clearly saw an opportunity to take some profit. Expand NASDAQ : AMZN Amazon Today's Change ( -0.87 %) $ -1.83 Current Price $ 207.70 Key Data Points Market Cap $2.2T Day's Range $ 206.23 - $ 210.56 52wk Range $ 161.38 - $ 258.60 Volume 1.6M Avg Vol 49M Gross Margin 50.29 % But Loeb may also be concerned about tech stock valuations. While he's signaled that companies such as Amazon are well-positioned for success amid the artificial intelligence (AI) boom, he views the tech sector and select crowded tech trades ...
"Where does an 800-pound gorilla sit? Anywhere it wants to." This ancient proverb/children's riddle took on new life in the stock market last week, when rumors began floating that the biggest "gorilla" in the space industry is throwing its weight around Wall Street, demanding special treatment from both the Nasdaq stock exchange and the S&P 500 itself. Apparently, no one wants to say "no" to Elon ...
"Where does an 800-pound gorilla sit? Anywhere it wants to." This ancient proverb/children's riddle took on new life in the stock market last week, when rumors began floating that the biggest "gorilla" in the space industry is throwing its weight around Wall Street, demanding special treatment from both the Nasdaq stock exchange and the S&P 500 itself. Apparently, no one wants to say "no" to Elon Musk. What's up on the Nasdaq this week? Let's start this story with the Nasdaq, where Reuters reports Musk is demanding "early index entry" for SpaceX into the Nasdaq-100 index, which tracks the performance of the 100 biggest companies on the Nasdaq. Musk is preparing to IPO SpaceX, you see, and at an apparent $1.75 trillion valuation. As part of its IPO preparations, SpaceX will decide whether to list its shares on the NYSE or the Nasdaq. Both stock exchanges want the listing, not just for the prestige of having SpaceX on their exchange, but also for the transaction fees a SpaceX listing would generate over time. Musk may be using this desire to win the SpaceX listing to bully Nasdaq into bending its rules. Ordinarily, Nasdaq waits about a year after a company IPOs to give its stock price a chance to settle into an accepted valuation before deciding whether it deserves a place in the index. Nasdaq, however, is considering setting up a new "Fast Entry" procedure for popular large-cap stocks. This would permit a newly IPO'ed stock to join the Nasdaq-100 in as little as a month -- assuming its market capitalization ranks among the 40 biggest stocks on the index. If SpaceX IPOs at $1.75 trillion, it would easily fit this new definition, ranking No. 6 behind Nvidia (NVDA 1.58%), Apple (AAPL 2.21%), Microsoft (MSFT 1.57%), Amazon (AMZN 0.87%), and Alphabet (GOOG 0.58%) (GOOGL 0.42%). Just as importantly for SpaceX, inclusion will require fund managers who track the index to purchase SpaceX shares once SpaceX joins the Nasdaq-100. This would create buying pressure, lifting Space...
US President Donald Trump said he may put off a planned visit to Beijing as he sought to press China and other nations into helping reopen the Strait of Hormuz amid the war in Iran. “We may delay” the trip, he told the Financial Times on Sunday, without saying for how long. The visit, scheduled for March 31 to April 2, includes a summit with Chinese President Xi Jinping. Trump has “demanded” that ...
US President Donald Trump said he may put off a planned visit to Beijing as he sought to press China and other nations into helping reopen the Strait of Hormuz amid the war in Iran. “We may delay” the trip, he told the Financial Times on Sunday, without saying for how long. The visit, scheduled for March 31 to April 2, includes a summit with Chinese President Xi Jinping. Trump has “demanded” that about seven countries help to reopen the Strait of Hormuz, he told reporters on Sunday, as the...
Key Points The consensus Wall Street price target for SanDisk is much higher than the target for Micron. Both companies are enjoying strong demand for their memory chips. However, Micron appears to be the better long-term pick. 10 stocks we like better than Micron Technology › Everybody loves a winner. But when deciding between two winning growth stocks, should you pick the one with the more impre...
Key Points The consensus Wall Street price target for SanDisk is much higher than the target for Micron. Both companies are enjoying strong demand for their memory chips. However, Micron appears to be the better long-term pick. 10 stocks we like better than Micron Technology › Everybody loves a winner. But when deciding between two winning growth stocks, should you pick the one with the more impressive recent performance? Many analysts seem to think so. Micron Technology's (NASDAQ: MU) shares have soared more than 330% over the last 12 months. However, that gain pales in comparison to SanDisk's (NASDAQ: SNDK) sizzling 12x return. It's not surprising that Wall Street likes SanDisk more than Micron. Should you? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The important Wall Street tell At first glance, you might think that Wall Street actually prefers Micron over SanDisk. An analysis of analysts' stock recommendations suggests that's the case. S&P Global (NYSE: SPGI) surveyed 20 analysts this month who cover SanDisk. Fourteen of them (70%) rated SanDisk a "buy" or "strong buy," while the remaining six recommended holding the stock. However, 37 of the 43 analysts surveyed by S&P Global (86%) who cover Micron rated it as a "buy" or better. Is my statement that Wall Street likes SanDisk more than Micron wrong? I don't think so. Analysts' 12-month price targets are a better indicator of their sentiment than their ratings, in my opinion. The consensus Wall Street 12-month price target for SanDisk reflects a potential upside of 19%. What's the consensus view for Micron? The average analyst price target for the stock is slightly below the current share price. I think that's a clear sign that Wall Street favors SanDisk over Micron. Two different yet booming businesses While both Micron and SanDisk are se...
Key Points The consensus Wall Street price target for SanDisk is much higher than the target for Micron. Both companies are enjoying strong demand for their memory chips. However, Micron appears to be the better long-term pick. 10 stocks we like better than Micron Technology › Everybody loves a winner. But when deciding between two winning growth stocks, should you pick the one with the more impre...
Key Points The consensus Wall Street price target for SanDisk is much higher than the target for Micron. Both companies are enjoying strong demand for their memory chips. However, Micron appears to be the better long-term pick. 10 stocks we like better than Micron Technology › Everybody loves a winner. But when deciding between two winning growth stocks, should you pick the one with the more impressive recent performance? Many analysts seem to think so. Micron Technology's (NASDAQ: MU) shares have soared more than 330% over the last 12 months. However, that gain pales in comparison to SanDisk's (NASDAQ: SNDK) sizzling 12x return. It's not surprising that Wall Street likes SanDisk more than Micron. Should you? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The important Wall Street tell At first glance, you might think that Wall Street actually prefers Micron over SanDisk. An analysis of analysts' stock recommendations suggests that's the case. S&P Global(NYSE: SPGI) surveyed 20 analysts this month who cover SanDisk. Fourteen of them (70%) rated SanDisk a "buy" or "strong buy," while the remaining six recommended holding the stock. However, 37 of the 43 analysts surveyed by S&P Global (86%) who cover Micron rated it as a "buy" or better. Is my statement that Wall Street likes SanDisk more than Micron wrong? I don't think so. Analysts' 12-month price targets are a better indicator of their sentiment than their ratings, in my opinion. The consensus Wall Street 12-month price target for SanDisk reflects a potential upside of 19%. What's the consensus view for Micron? The average analyst price target for the stock is slightly below the current share price. I think that's a clear sign that Wall Street favors SanDisk over Micron. Two different yet booming businesses While both Micron and SanDisk are sem...
(RTTNews) - European stocks were flat to slightly lower on Monday as the U.S.-Israeli war on Iran entered its third week and U.S. President Donald Trump called on allies to send naval escorts to protect vessels in the Strait of Hormuz. European Union foreign ministers will be meeting later in the day to debate a potential naval response to the effective closure of the key oil shipping route. As in...
(RTTNews) - European stocks were flat to slightly lower on Monday as the U.S.-Israeli war on Iran entered its third week and U.S. President Donald Trump called on allies to send naval escorts to protect vessels in the Strait of Hormuz. European Union foreign ministers will be meeting later in the day to debate a potential naval response to the effective closure of the key oil shipping route. As inflation risks rise, traders also await cues from the central bank meetings this week in the U.S., the U.K., Europe and Australia. The pan European Stoxx 600 was marginally lower at 595.78 after falling half a percent on Friday. The German DAX was little changed with a negative bias and France's CAC 40 slipped 0.2 percent while the U.K.'s FTSE 100 was marginally higher. German lender Commerzbank surged nearly 4 percent after Italy's UniCredit made a €35 billion ($40 billion) bid for the bank. Tecan Group shares slumped 4.3 percent. The Swiss laboratory automation company swung to a full-year net loss of CHF 110.7 million in 2025 and forecast that sales will increase in the low single-digit percentage range in local currencies in 2026. Idorsia plummeted 12 percent. The pharmaceutical research company said that Srishti Gupta is stepping down as CEO and also leaving the Board of Directors after less than a year in office. British building materials manufacturer Marshalls rallied 2.4 percent after reporting modest growth in revenue for 2025. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.