Leaving BNY Website

 

You are leaving the BNY Mellon's Depositary Receipts' Website.
Linked sites are not under the control of The Bank of New York Mellon Corporation or any of its subsidiaries or affiliates (together, the "Company") and the Company is not responsible for the content of any linked site or any link contained in a linked site. If you choose to link to a website not controlled by the Company, you do so entirely at your own risk and the Company makes no warranties, either express or implied, concerning the content of such site, including the accuracy, completeness, reliability or suitability thereof for any particular purpose, nor does the Company warrant that such site or content is free from any claims of copyright, trademark or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. The Company does not guarantee the authenticity of documents on the Internet. Links to other sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such sites. The Company reserves the right to terminate any link at any time.

Do you wish to continue to the linked site on these terms?

Stay On Page
Leave Page

© 2025 The Bank of New York Mellon Corporation

Depositary Receipt business and services are conducted through The Bank of New York Mellon.

BNY - DR Legal Disclaimer
  

To learn more about DRs, please contact DRBrokerSolutions@bny.com.

 

The information and data provided herein are provided for general informational purposes only.  BNY does not warrant or guarantee the accuracy, timeliness or completeness of any such information or data.  BNY does not undertake any obligation to update or amend any information or data, and may change, update or amend any information or data at any time without prior notice.

 

BNY provides no advice, recommendation or endorsement with respect to any company or securities.  No information or data is intended to provide legal, tax, accounting, investment, financial, trading or other advice on any matter, and is not to be used as such.  We expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon any information or data, including market value loss on the sale or purchase of securities or other instruments or obligations.

 

Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.

 

BNY collects fees from DR holders pursuant to the terms and conditions of the DRs and any deposit agreement under which they are issued.  From time to time, BNY may make payments to an issuer to reimburse and/or share revenue from the fees collected from DR holders, or waive fees and expenses to an issuer for services provided, generally related to costs and expenses arising out of establishment and maintenance of the DR program.  BNY may pay a rebate to brokers in connection with unsponsored DR issuances; brokers may or may not disclose or pass back some or all of such rebate to the DR investor.  BNY may also use brokers, dealers or other service providers that are affiliates and that may earn or share fees and commissions.

 

BNY may execute DR foreign currency transactions itself or through its affiliates, or the Custodian or the underlying Company may execute foreign currency transactions and pay US dollars to BNY.  In those instances where it executes DR foreign currency transactions itself or through its affiliates, BNY acts as principal counterparty and not as agent, advisor, broker or fiduciary.  In such cases, BNY  has no obligation to obtain the most favorable exchange rate, makes no representation that the rate is a favorable rate and will not be liable for any direct or indirect losses associated with the rate. BNY earns and retains revenue on its executed foreign currency transactions based on, among other things, the difference between the rate it assigns to the transaction and the rate that it pays and receives for purchases and sales of currencies when buying or selling foreign currency for its own account.  The methodology used by BNY to determine DR conversion rates is available to registered Owners upon request or can be accessed here.  In those instances where BNY's Custodian executes DR foreign currency transactions, the Custodian has no obligation to obtain the most favorable exchange rate or that the method by which the rate will be determined will be the most favorable rate, and BNY makes no representation that the rate is a favorable rate and will not be liable for any direct or indirect losses associated with the rate.  In certain instances, BNY may receive dividends and other distributions from an issuer of securities underlying DRs in U.S. dollars rather than in a foreign currency.  In such cases, BNY will not engage in or be responsible for any foreign currency transactions and it makes no representation that the rate obtained by an issuer is a favorable rate and it will not be liable for any direct or indirect losses associated with the rate.

 

BNY is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.  BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).

 

BNY's name, brand and/or trademarks may not be used, copied or reproduced without the prior express written consent of BNY.

 

DEPOSITARY RECEIPTS ARE NOT INSURED BY THE FDIC OR ANY OTHER GOVERNMENT AGENCY, ARE NOT DEPOSITS OR OTHER OBLIGATIONS OF, AND ARE NOT GUARANTEED BY, BNY AND ARE SUBJECT TO INVESTMENT RISKS INCLUDING POSSIBLE LOSS OF PRINCIPAL AMOUNT INVESTED.

 

Please also see "Terms of Use."

ACCEPT

Please enable cookies in your browser if you wish to proceed.

Regulation S Disclaimer

 

Access To This Company Profile Is Restricted To Non-U.S. Persons Outside The United States Within The Meaning Of Regulation S Under The U.S. Securities Act Of 1933, As Amended (The "Securities Act").1

 

This company profile does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction or under any circumstances in which such offer or solicitation is unlawful.

 

Each person accessing this company profile, by so doing, will be deemed to have acknowledged that: (1) It is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) Any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities.

 

If you agree with and accept the foregoing and the Terms of use governing this site, please select "Accept" below. Otherwise, press "Decline" to return to the previous page.

 

1 As defined in the Securities Act, the term "U.S Person" means: (1) any natural person resident in the United States; (2) any partnership or corporation organized or incorporated under the laws of the United States; (3) any estate of which any executor or administrator is a U.S. person; (4) any trust of which any trustee is a U.S. person; (5) any agency or branch of a foreign entity located in the United States; (6) any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. person; (7) any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated, or (if an individual) resident in the United States; and (8) any partnership or corporation if: (A) organized or incorporated under the laws of any foreign jurisdiction; and (B) formed by a U.S. person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a)) who are not natural persons, estates or trusts.

I Accept Decline

© 2024 The Bank of New York Mellon Corporation
Depositary Receipt business and services are conducted through The Bank of New York Mellon.

Back to Daily DR Market Summary

StreetAccount Summary - Europe Pre-Open: Futures: FTSE +1.05%, DAX30 +0.25%, CAC40 +0.24%

May 07 ,2024

  • Synopsis

    • European equity markets are set for a positive open, whilst Asia equities trading mixed Tuesday. Strength led by South Korea, Japan and Australia. Hong Kong and mainland China lower. US futures tracking sideways after sharp gains in the cash session. Growth/tech mostly outperforming across the region except for Hong Kong.

    • Overnight market strength was attributed to general follow-through momentum after the Fed offered reassurances that a rate hike is unlikely and subsequent Fedspeak remaining consistent with this message. Rate repricing sees almost two rate cuts back on the cards this year. Earnings growth also tracking well above expectations. However, Middle East uncertainties returned to the fore as Hamas agreed to a Gaza ceasefire proposal but Israel said terms did not meet demands, continuing with strikes in Rafah while negotiations continue.

    • On today's agenda, EU's von der Leyen and Polish PM Tusk speak at the European Economic Congress (thru Thu). EU's Foreign Affairs Council (Development) meets. In UK, House of Commons business kicks-off with MP's question in HM Treasury at 14:30BST, which will be followed shortly thereafter by a general debate on defence. Committee topics include labour markets reform: Workers' rights and protections (10:00BST, includes execs from DP World's P&O Ferries, Staffline (STAF.LN)). Putin's inauguration as President (having secured a 5th term) due to take place and he's expected to name his new prime minister on Wed. Chancellor Scholz, finance minster Lindner speak at ESMT and later the Chancellor hosts Chairman of the State Presidium of Bosnia and Herzegovina Bećirović. FT hosts event title "Future of the car" (thru Thu) with several senior executives of auto makers among the speakers. UK Apr new car registrations and update to forecast for 2024 and 2025 - SMMT.

    • In central banks, Norges Bank's Bache before the Standing Committee on Finance and Economic Affairs of the Storting at 10:00CET and Longva speech at the same time at the bank's office in region north-west. BOE's Hall speech at 13:30BST at Univ. of Exeter on AI. BIS Innovation Summit panellist include de Cos at 15:00CET. Bundesbank's Nagel panellist at 16:00CET at event hosted by Leibniz Institute for Financial Research SAFE. Bundesbank, Denmark's Central Bank and Norges Bank joint Spring Conf, Bundesbank's Nagel speech at 19:00CET.

    • European macro data releases out today include: Germany Mar trade balance, Apr construction PMI, Switzerland Apr unemployment rate, France Mar trade balance, Eurozone Mar retail sales, Portugal Q1 unemployment rate, Netherlands Apr final CPI, UK Apr construction PMI, retail sales monitor - BRC, house price index - Halifax

    • Another busy morning for earnings, in the DACHs region, UBS Group (UBSG.SW), Zalando (ZAL.GR), Heidelberg Materials (HEI.GR), Siemens Healthineers (SHL.GR), DHL Group (DHL.GR), Fresenius Medical Care (FME.GR) and Infineon Technologies (IFX.GR) issued Q1 updates. In France, Arkema (AKE.FP), Elis (ELIS.FP) and Bouygues (EN.FP) reported Q1 earnings with the latter confirming its FY outlook.

    • In Italy, UniCredit (UNI.IM) reported Q1 earnings and raised its FY net profit guidance to over €8.5B. Also in Italy, Eni (ENEL.IM) issued Q1 operational data indicating to a total installed capacity of 89,163 MW vs year-ago 88,212 MW. In Elsewhere, Coloplast (COLO.B.DC), Solvay (SOLB.BB), Sinch (SINCH.SS) and Storskogen Group (STOR.B.SS) updated investors with their latest numbers.

  • Politics/Macro/World News

    • Xi Urges Macron to Help China to Avoid a 'New Cold War' - Bloomberg

    • UK Persuades More Gen Z to Feed Crucial Survey on Jobs Market - Bloomberg

    • Germany partly to blame for Brexit, says CDU leader - FT

    • Israel strikes Rafah as ceasefire talks to resume in Egypt - BBC

    • Netherlands Apr CPI +2.7% y/y vs preliminary +2.7%

  • Top company news

    • Earnings/updates

      • DACHs

        • UBSG.SW (UBS Group) -- reports Q1 EPS $0.52 vs consensus $0.18

        • ZAL.GR (Zalando) -- reports Q1 net income (€8.9M) vs consensus €21.3M; FY24 guidance confirmed

        • HEI.GR (Heidelberg Materials) -- reports Q1 results from operations €232M vs FactSet €235.5M

        • GEBN.SW (Geberit) -- reports Q1 net income CHF190.4M vs consensus CHF177.7M; reaffirms FY guidance; announces new up to €300M share buyback program

        • ADEN.SW (Adecco Group) -- reports Q1 adj. EPS €0.59 vs consensus €0.56

        • SDZ.SW (Sandoz Group) -- reports Q1 revenue $2.49B, +5% vs year-ago $2384

        • VIJ.GR (Viemed Healthcare) -- reports Q1 EPS $0.04 vs year-ago $0.04

        • ADV.GR (Adtran Networks) -- reports Q1 net income (€1.2M) vs year-ago €3.6M

        • OERL.SW (OC Oerlikon Corp.) -- reports Q1 operational EBIT CHF36M vs FactSet CHF39.0M [1 est]

        • PSPN.SW (PSP Swiss Property) -- reports Q1 EPS ex-real estate gains CHF1.23, unchanged y/y

        • BSL.GR (Basler) -- reports Q1 EBT (€3.6M) vs year-ago (€1.6M)

        • TMV.GR (TeamViewer) -- reports Q1 adj EBITDA €65.2M vs FactSet €69.0M [4 est, €60-84.5M]; FY24 guidance firmly reiterated

        • SHL.GR (Siemens Healthineers) -- reports Q2 EPS €0.55 ex-items vs consensus €0.49; confirms FY outlook

        • NOEJ.GR (Norma Group) -- reports Q1 adj. EPS €0.39 vs FactSet €0.33

        • KCO.GR (Kloeckner & Co.) -- reports Q1 EPS (€0.08) vs FactSet €0.18 [2 est, €0.11-0.24]; guides Q2

        • HP3A.GR (Ringmetall) -- reports Q1 EBIT €4.2M vs year-ago €4.4M

        • WAC.GR (Wacker Neuson) -- reports Q1 EPS €0.34 vs FactSet €0.34

        • DHL.GR (DHL Group) -- reports Q1 EPS €0.63 vs consensus €0.61; FY24 guidance confirmed without changes

        • ZIL2.GR (Elringklinger) -- reports Q1 EPS €0.21 vs FactSet €0.21

        • HAG.GR (HENSOLDT) -- reports Q1 adjusted EBITDA €33M vs FactSet €33.7M [4 est, €32-36.6M]; reaffirms FY guidance

        • YOU.GR (ABOUT YOU Holding) -- reports FY net income €112.2M vs FactSet (€84.6M) [4 est, (€112.8)-(31M)]; guides FY24/25

        • FME.GR (Fresenius Medical Care) -- reports Q1 EPS €0.24 vs consensus €0.26; confirms its outlook for FY24

        • IFX.GR (Infineon Technologies) -- reports Q2 EPS €0.42 ex-items vs consensus €0.38

        • JUN3.GR (Jungheinrich) -- reports Q1 net income €67.9M vs FactSet €77.7M [2 est, €69.5-86.0M]; forecast for 2024 confirmed

      • Southern Europe

        • ENEL.IM (Enel) -- reports Q1 operational data: total installed capacity 89,163 MW vs year-ago 88,212 MW (post EU close 6-May)

        • ORY.SM (Oryzon Genomics) -- reports Q1 net income (€1.2M) vs FactSet (€1.6M) [2 est, (€1.7)-(1.5M)]

        • UCG.IM (UniCredit) -- reports Q1 net income €2.60B vs consensus €2.13B; raises FY net profit guidance to over €8.5B

        • BMPS.IM (Banca Monte dei Paschi di Siena) -- reports Q1 net income €332.7M vs FactSet €275.1M

      • Benelux

        • SOLB.BB (Solvay) -- reports Q1 underlying net profit from continuing operations €119M, (36%) vs year-ago €187M

        • HEIJM.NA (Heijmans) -- Q1 trading update: performance in line with expectations; reiterates previously issued outlook

      • France

        • AKE.FP (Arkema) -- reports Q1 Adjusted EPS €1.84 vs consensus €1.66; confirms FY guidance

        • VLA.FP (Valneva) -- reports Q1 net income €58.9M vs year-ago (€18.1M)

        • ELIS.FP (Elis) -- reports Q1 revenue €1.09B vs FactSet €1.08B [2 est, €1.06-1.10B]; confirms FY guidance

        • COFA.FP (Coface) -- reports Q1 net income €68.4M vs FactSet €59M [2 est, €57-61M]

        • BEN.FP (Beneteau) -- reports Q1 revenue (before IFRS 5) €348.7M, (27%) vs year-ago €478.2M

        • EN.FP (Bouygues) -- reports Q1 current operating profit from activities €26M vs StreetAccount €34M; FY24 outlook unchanged

      • Nordics

        • BICO.SS (BICO Group) -- BICO changes method for impairment test of goodwill resulting in retroactive impairment of goodwill for 2022 and 2023; provides preliminary figures for 1Q24

        • TRIFOR.DC (Trifork Holding) -- reports Q1 EBIT €1.4M vs FactSet €4.2M

        • NOHO.FH (NoHo Partners) -- reports Q1 EPS (€0.03) vs FactSet €0.05

        • CAMBI.NO (Cambi) -- reports Q1 net income NOK21.0M vs year-ago NOK48.3M

        • SMCRT.NO (SmartCraft) -- reports Q1 net income NOK31.8M vs FactSet NOK29.1M

        • KHG.FH (KH Group) -- reports Q1 EPS (€0.05) vs year-ago (€0.04)

        • ZAP.NO (Zaptec) -- reports Q1 EPS (NOK0.11) vs FactSet NOK0.08

        • FING.B.SS (Fingerprint Cards) -- reports Q1 EPS (SEK0.14) vs year-ago (SEK0.17)

        • ACR.NO (Axactor) -- reports Q1 EPS cont ops €0.002 vs FactSet €0.02

        • EEZY.FH (Eezy) -- reports Q1 EPS €0.01 vs year-ago €0.02

        • COLO.B.DC (Coloplast) -- reports Q2 net income DKK1.25B vs consensus DKK1.29B; FY 2023/24 organic growth and reported EBIT margin guidance unchanged

        • TAALA.FH (Taaleri) -- reports Q1 EPS €0.26 vs year-ago €0.02

        • STOR.B.SS (Storskogen Group) -- reports Q1adjusted EPS SEK0.09 vs FactSet SEK0.12

        • CTM.SS (Catena Media) -- reports Q1 EPS (€0.03) vs year-ago €0.11

        • BICO.SS (BICO Group) -- reports Q1 EPS (SEK0.40) vs FactSet (SEK0.75)

        • CRAYN.NO (Crayon Group Holding) -- reports Q1 EPS NOK0.14 vs FactSet NOK0.23

        • BNOR.NO (BlueNord) -- reports Q1 net income ($4.6M) vs FactSet $19.2M

        • MOBA.NO (Morrow Bank) -- reports Q1 EPS NOK0.17 vs FactSet NOK0.16

        • SALME.NO (Salmon Evolution) -- reports Q1 net income (NOK1.2M) vs FactSet (NOK14.2M)

        • BAHN.B.SS (Bahnhof) -- reports Q1 EPS SEK0.52 vs year-ago SEK0.47

        • ULTI.NO (Ultimovacs) -- reports preliminary Q1 EBIT (NOK29M) vs year-ago (NOK50.8M)

        • KCC.NO (Klaveness Combination Carriers) -- reports Q1 EPS $0.43 vs FactSet $0.46

        • SINCH.SS (Sinch) -- reports Q1 EPS (SEK0.11) vs FactSet SEK0.53

        • ASPO.FH (Aspo) -- reports Q1 EPS (€0.16) vs StreetAccount €0.21

        • HANZA.SS (HANZA AB) -- reports Q1 EPS SEK0.77 vs year-ago SEK1.47

        • TRUE.B.SS (Truecaller) -- reports Q1 EPS SEK0.38 vs FactSet SEK0.27

    • M&A

      • GLEN.LN (Glencore) -- sells its controlling stake in Volcan Compañia Minera to Transition Metals AG, a subsidiary of Integra Capital

      • SCHA.NO (Schibsted) -- to issue consideration shares in connection with the acquisition of 9.99% FINN-stake

      • SAB.SM (Banco de Sabadell) -- reportedly rejects merger proposal from BBVA -- La Vanguardia

      • CLARI.FP (Clariane) -- announces the disposal of the Hospitalisation à Domicile (HAD) activity in France

      • SFSN.SW (SFS Group) -- acquired Etanco S.A.U effective 1-May-24; terms undisclosed

      • SGF.IM (Sogefi) -- exercises the put option for the sale of the Filtration Division to Pacific Avenue Capital Partners (post EU close 6-May)

    • Healthcare

      • GSK.LN (GSK Plc) -- BioVersys announces expansion of strategic collaboration with GSK and extension of its Series C round by CHF 12.3M

      • VIJ.GR (Viemed Healthcare) -- SEC filing: 10-Q

      • OXUR.BB (Oxurion) -- announces important progress in its preclinical program targeting Geographic Atrophy

      • ONCO.SS (Oncopeptides) -- reports final results of guaranteed rights issue

    • Other

      • AMS.SM (Amadeus IT Group) -- announces CFO Till Streichert will step down during Q3 of 2024

      • PNDORA.DC (Pandora) -- experiencing sales boom in lab-grown diamonds, driven by young consumers avoiding mined diamonds - FT, citing CEO

      • LHA.GR (Deutsche Lufthansa) -- names Till Streichert as new CFO effective 15-Sep-24

      • ADEN.SW (Adecco Group) -- holder UBS discloses 6.47% stake in regulatory filing

      • HNR1.GR (Hannover Re) -- announces general meeting approves dividend increase to total dividend of €7.20 per share

      • SAB.SM (Banco de Sabadell) -- confirms rejects BBVA's unsolicited, indicative and conditional proposal (post EU close 6-May)

      • DEC.FP (JCDecaux) -- renews and expands all major bus advertising contracts across Sydney

      • TGS.NO (TGS-NOPEC Geophysical Co.) -- launches multi-client wind and metocean measurement campaign offshore Germany

      • LOOMIS.SS (Loomis) -- AB board has resolved to continue to repurchase up to SEK 200M worth of stock

      • FTK.GR (flatexDEGIRO) -- founder seeking fresh start for the company as he attempts to replace chairman - Reuters

  • Key rating changes

    • Upgrades

      • AIXA.GR (Aixtron) -- to neutral from sell at UBS

      • CLN.SW (Clariant) -- to overweight from equal-weight at Morgan Stanley, we're told (earlier, timing uncertain)

      • STMN.SW (Straumann Holding) -- to hold from reduce at HSBC

      • UBI.FP (Ubisoft Entertainment) -- to buy from hold at Stifel

  • Data

    • Nikkei +1.25% to 38715.68

    • Hang Seng (0.49%) to 18487.82

    • Shanghai Composite +0.13% to 3144.85

    • S&P futures +0.5 vs prior close of 5206.5

    • €-$ (0.0010) or (0.09%) to 1.0759

    • $-¥ +0.62 or +0.41% to 154.53

    • €-¥ +0.46 or +0.28% to 166.24

This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".

DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE