LIEGE: Belgian biopharmaceutical company Hyloris Pharmaceuticals SA said on Monday it has signed an exclusive license and distribution agreement with China’s Grand Life Sciences Group Co., Ltd. for HY-094, its investigational injectable iron therapy. The partnership grants Grand Life Sciences the rights to develop and commercialize HY-094 in China, a market for intravenous (IV) iron…
Category: Euronext
Euronext, euronext stock exchange, euronext exchange, euronext nv, stock exchange euronext
Signify lowers 2025 forecast amid challenging market conditions
EINDHOVEN: Signify, the world leader in lighting, reported a decline in third-quarter sales and profitability, prompting the company to lower its financial guidance for the full year due to a softer-than-expected U.S. market and ongoing challenges in its OEM component business. The company, known for its Philips lighting brands, announced third-quarter sales of 1.41 billion…
Belgium’s KBC Group to buy Czech and Slovak units of Business Lease Group from Dutch rival AutoBinck
BRUSSELS: Belgium’s KBC Group (KBC.BR) has agreed to buy the Czech and Slovak units of Business Lease Group from Dutch rival AutoBinck Group (BINCK.AS) for 72 million euros ($77 million), the companies said on Thursday, in a move to significantly bolster its leasing operations in Central Europe. According to a stock filing, the acquisition is…
Azelis Group N.V. posts nine-month revenue of EUR 3.2 billion, a 0.8% decline
BRUSSELS: Speciality chemicals and food ingredients distributor Azelis Group NV (AZE.BR) on Thursday reported a 34.3% surge in free cash flow for the first nine months of 2025, driven by disciplined working capital management amid persistent market uncertainty. Free cash flow rose to EUR 293.2 million ($309.8 million) for the nine-month period ending September 30,…
Aalberts Q3 revenue dips slightly as EBITA margin falls amid challenging markets
UTRECHT: Dutch industrial technology company Aalberts N.V. on Thursday reported a marginal decline in third-quarter revenue and a drop in core earnings, as it navigated persistent softness in its key end markets. The company reported revenue of 772.5 million euros ($822 million) for the quarter, a slight organic decline of 1.9% compared to the same period…
Ipsen will acquire ImCheck Therapeutics for up to 1 billion euros
PARIS: Ipsen and ImCheck Therapeutics today announced they have entered into a definitive share purchase agreement in which Ipsen will acquire all issued and outstanding shares of ImCheck Therapeutics, a private French biotechnology company pioneering next-generation immuno-oncology therapies. The anticipated acquisition is focused on the lead Phase I/II program ICT01 in first line acute myeloid leukemia…
OVHcloud breaks €1 billion revenue mark; Founder Klaba takes helm
PARIS: European cloud computing services provider OVHcloud reported on Tuesday full-year revenue that broke through the symbolic one-billion-euro barrier, with its core profit margin exceeding 40%, and announced the appointment of its founder Octave Klaba as Chairman and Chief Executive Officer. The French company said the governance change was made to “align vision, strategy, and…
Eurofins reports 5.3% revenue growth in 9M 2025 to €5.4bn; Reaffirms FY targets despite headwinds
PARIS: Eurofins Scientific (Paris:ERF) reported a 5.3% year-on-year increase in revenues to €5.415 billion for the first nine months of 2025, driven by organic growth and acquisitions, despite a -1.5% foreign exchange headwind and one fewer public working day compared to the same period last year. Organic revenue growth reached 4.0%, adjusted for calendar effects,…
DYWIDAG to sell France’s TAM Groupe to Private Assets SE & Co.
MUNICH: DYWIDAG Systems International (DYWIDAG) has agreed to sell 100% of its shares in TAM Groupe, a French construction products maker, to German investment firm Private Assets SE & Co. KGaA, the companies said on Tuesday. The transaction, which is subject to closing conditions, is expected to be completed by early December 2025. TAM Groupe is…
TotalEnergies sells its GreenFlex affiliate to the French Group Oteis
PARIS: TotalEnergies and the independent French consulting and engineering group Oteis have signed a deal for the sale of TotalEnergies’ sustainable consultancy and solutions affiliate GreenFlex to Oteis, a divestment that reflects TotalEnergies’ strategy to concentrate its activities on energy production and supply. With over 800 employees and some thirty agencies in France and the…
Racing Force Group Q3 sales accelerate on strong demand for driver gear
PARIS: Racing Force Group (RFG.MI) reported a sharp acceleration in third-quarter 2025 revenue growth on Tuesday, driven by robust demand for its driver equipment and new helmet models, prompting the motorsport safety specialist to reaffirm its positive outlook. The Italy-based company, which develops and markets safety components for motorsports, said consolidated revenues for the third…
Kering sells beauty division to L’Oréal for €4 billion
PARIS: French luxury conglomerate Kering has agreed to sell its beauty division to L’Oréal for €4 billion ($4.66 billion), marking a pivotal strategic shift under newly appointed CEO Luca de Meo. The deal includes the sale of high-end fragrance brand Creed and a 50-year exclusive licensing agreement for L’Oréal to develop beauty products under Kering’s…