Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
You might not have had a stress test of the Western geopolitical alliance on your bingo card for 2026, but all of a sudden that’s where we are. So what does the escalating fight over Greenland mean for European credit markets? Trump’s announcement of 10% tariffs on imports from the UK and seven European countries from next month is not something credit PMs can immediately price in.
This website uses cookies, pixel tags, and similar technologies (“Cookies”) for the purpose of enabling site operations and for performance, personalisation, and marketing purposes. We use our own Cookies and some from third parties. Only essential Cookies are used by default. By clicking “Accept All” you consent to the use of non-essential Cookies (i.e., functional, analytics, and marketing Cookies) and the related processing of personal data.
Despite a busy earnings schedule, 9fin aims to bring you up to date with results you may have missed during the week. Below you will find a TLDR earnings summary for selected companies in the European HY market. The summary aims to capture earnings performance, recent updates and any guidance mentioned in the call. In this week’s edition we cover Douglas, Canpack, United Group, Fedrigoni, Kiloutou, Tele Columbus, Cerba, Kloeckner Pentaplast, Cheplapharm, and Arxada.
Belgian crane rental business Sarens reported decent results for FY 22 with its topline expanding +13% YoY €651.4m on the back of price increases reflecting inflation pass-through efforts. EBITDA growth, however, was minimal (+2% YoY to €144.7m) as an increasing cost base continued to erode the EBITDA margin. Despite a favourable working capital (WC) swing in Q4 22, FCF remained positive if a bit under pressure for the year.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
