CTT‑DHL JV Generates €64M Cash, €35M EBIT Lift
$CTT - Holding Equity Small Caps FI CTT, DHL complete joint venture, netting CTT EUR 64 million * CTT completed strategic joint venture with DHL, closing transaction first announced on Dec. 19, 2024. * Deal structure includes CTT Expresso purchase of DHL Parcel Portugal, DHL acquisition of 25% stake in CTT Expresso, CTT acquisition of 25% stake in Danzas, which owns DHL Parcel Iberia. * Net cash proceeds to CTT set at EUR 64 million, reflecting customary net debt and working capital adjustments. * Parties set phased call option framework, starting with mutual 10% options based on 2027 accounts; additional options up to 49% tied to 2028 consolidated JV EBIT exceeding EUR 96 million. * Synergies expected to lift normalized EBIT by more than EUR 35 million a year within 2-3 years.
Porr Constructs 51‑m Thermal Storage Tank for Hamburg’s Coal Exit
$POS - Holding Equity Small Caps FI Porr builds 51-meter district heating storage tank for Hamburg Energiewerke in Billbrook Porr won contract from Hamburg Energy Works to build large-scale hot water thermal storage unit at Tiefstack heating plant site in Billbrook as...
LandBridge Engages All Major Hyperscalers, CEO Claims
$LB - Holding Equity Small Caps FI 1Q26 videocall. CEO says "LandBridge is in discussions with virtually every major hyperscaler".
NuWays Trims Target to €250, Keeps Buy on DO & CO
$DOC - Holding Equity Small Caps FI NuWays sets DO & CO price target at EUR 250, keeps buy rating NuWays reiterated BUY on DO & CO, cut 12-month target price to EUR 250 from EUR 266, citing a more cautious near-term...
Porr Approves up to 10% Share Buyback
$POS Holding Equity Small Caps FI Porr authorizes share buyback of up to 10% of share capital