D/s Norden


Navigating uncertainty

10/06/26 -"The change of target price reflects the update to our 2026 estimates. The share price has significantly outperformed the transport sector year-to-date (+26% vs +7%), supported by strong rate ..."

Pages
36
Language
English
Published on
10/06/26
You may also be interested by these reports :
10/06/26
The change of target price reflects the update to our 2026 estimates. The share price has significantly outperformed the transport sector ...

08/06/26
For 2025, the below-expectation EBIT (€1.9bn vs. €2.0bn est.) driven by in-line revenue and higher-than-expected operating expenses was offset by ...

27/05/26
We have removed Air France-KLM and Lufthansa from our peer list, as their scale and underperformance weighed on our market cap-based average ...

27/05/26
Near-term profitability is poised to remain under pressure, considering the company’s capacity reallocation toward shorter-haul, lower-margin ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO