Independent Investment Research, The IDEA!

The IDEA!

Independent Investment Research

The Idea-Driven Equities Analyses company (the IDEA!) is an employee-owned boutique providing independent investment research and financial consultancy services with a clear focus on the Benelux countries. The company was founded in the summer of 2007 by Henk Slotboom and Maarten Verbeek, both with more than 35 years of professional experience in the financial sector. The IDEA! differentiates itself by focusing on adding value through self-initiated in-depth, idea-driven investment research, as well as by bespoke research assignments for institutional investors, hedge funds and private equity. In addition, we provide market intelligence, strategic research and – together with our business partners – consultancy services to businesses. In case you are interested in receiving more information, a sample of our products or an introductory meeting, please send a message to info@theidea.nl.

Equity Bottom-Up

<ul><li>In this edition: • ASML | strategic redesign to improve the make the company more agile • ING | another clear beat of consensus; ups 2027 ambitions • dsm-firmenich | deal with CVC on AHN business expected to be announced soon • Unilever | sells its Home Care business in Colombia and Ecuador • BAM Group | acquisition strengthens position in Dutch residential market • Dutch politics | fiscally tight budget policy and no to Eurobonds</li></ul>

In this edition: • ASML | strategic redesign to improve the make the company more agile • ING | another clear beat of consensus; ups 2027 ambitions • dsm-firmenich | deal with CVC on AHN business expected to be announced soon • Unilever | sells its Home Care business in Colombia and Ecuador • BAM Group | acquisition strengthens position in Dutch residential market • Dutch politics | fiscally tight budget policy and no to Eurobonds

ASML Holding NV - What's News in Amsterdam

<ul><li>In this edition: • ING | determines cash payment per share as part of current EUR 1.6bn distribution • InPost | has received an indicative proposal for all shares • InPost / Allegro | Allegro Delivery reports high delivery quality score • Fagron | completes acquisition of Purifarma • TomTom | renews partnership with Uber</li></ul>

In this edition: • ING | determines cash payment per share as part of current EUR 1.6bn distribution • InPost | has received an indicative proposal for all shares • InPost / Allegro | Allegro Delivery reports high delivery quality score • Fagron | completes acquisition of Purifarma • TomTom | renews partnership with Uber

Allegro.eu SA - What's News in Amsterdam - 6 January (ING | InPost/Allegro | Fagron | TomTom)

<ul><li>In this edition: • AkzoNobel | a second Axalta shareholder opposes the proposed merger terms • ING | completes two risk sharing transactions • Fagron | strengthens position in EMEA and granted California license to FSS Boston • bpostgroup | unions call upon their members not to strike at bpost</li></ul>

In this edition: • AkzoNobel | a second Axalta shareholder opposes the proposed merger terms • ING | completes two risk sharing transactions • Fagron | strengthens position in EMEA and granted California license to FSS Boston • bpostgroup | unions call upon their members not to strike at bpost

What's News in Amsterdam - 24 November (AkzoNobel | ING | Fagron | bpostgroup)

<ul><li>In this edition: • ING | less than expected drop in earnings; new EUR 1.6bn share buyback • dsm-firmenich (‘DSFIR’) | results broadly in line; lowers FY25 guidance • Arcadis | 25Q3 results lagging market consensus (even helped by lower depreciation rate) • General Elections | D66 emerges as big winner; hard to predict new coalition</li></ul>

In this edition: • ING | less than expected drop in earnings; new EUR 1.6bn share buyback • dsm-firmenich (‘DSFIR’) | results broadly in line; lowers FY25 guidance • Arcadis | 25Q3 results lagging market consensus (even helped by lower depreciation rate) • General Elections | D66 emerges as big winner; hard to predict new coalition

What's News in Amsterdam - 30 October (dsm-firmenich | ING | Arcadis | General Elections)

<ul><li>In this edition: • Heineken | FIFCO’s shareholders approve sale the deal with Heineken • ING | warns for factors adversely impacting its CET1 ratio and operational challenges • Shell | pre-earnings update not as bad as expected • bpostgroup / PostNL | Amazon pledges to invest EUR 1bn in Belgium in the next 2 years</li></ul>

In this edition: • Heineken | FIFCO’s shareholders approve sale the deal with Heineken • ING | warns for factors adversely impacting its CET1 ratio and operational challenges • Shell | pre-earnings update not as bad as expected • bpostgroup / PostNL | Amazon pledges to invest EUR 1bn in Belgium in the next 2 years

What's News in Amsterdam - 8 October (Heineken | ING | Shell | bpostgroup / PostNL)

Netherlands

ING Groep N.V. offers financial services to individuals, corporations, and other institutions.  The Company offers corporate, investment, and private banking services, asset and portfolio management, treasury services, and insurance.  ING Groep has offices throughout the world.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

ING Groep NV (INGA NA)

ASML Holding NV - What's News in Amsterdam

In this edition: • ASML | strategic redesign to improve the make the company more agile • ING | another clear beat of consensus; ups 2027...

The IDEA!

Allegro.eu SA - What's News in Amsterdam - 6 January (ING | InPost/Allegro | Fagron | TomTom)

In this edition: • ING | determines cash payment per share as part of current EUR 1.6bn distribution • InPost | has received an indicative...

The IDEA!

What's News in Amsterdam - 24 November (AkzoNobel | ING | Fagron | bpostgroup)

In this edition: • AkzoNobel | a second Axalta shareholder opposes the proposed merger terms • ING | completes two risk sharing...

The IDEA!

What's News in Amsterdam - 30 October (dsm-firmenich | ING | Arcadis | General Elections)

In this edition: • ING | less than expected drop in earnings; new EUR 1.6bn share buyback • dsm-firmenich (‘DSFIR’) | results broadly in line;...

The IDEA!

What's News in Amsterdam - 8 October (Heineken | ING | Shell | bpostgroup / PostNL)

In this edition: • Heineken | FIFCO’s shareholders approve sale the deal with Heineken • ING | warns for factors adversely impacting its CET1...

The IDEA!

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)