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: • Ahold Delhaize/PostNL/Allegro | JD.com’s initiative to become active on the Dutch market • KPN | higher churn among Odido’s broadband clients after data breach</li></ul>

In this edition: • Ahold Delhaize/PostNL/Allegro | JD.com’s initiative to become active on the Dutch market • KPN | higher churn among Odido’s broadband clients after data breach

What's News in Amsterdam - 17 February (Ahold Delhaize/PostNL/Allegro | KPN)

<ul><li>In this edition: • Basic-Fit | Belgium to postpone VAT increase on sports • PostNL | secures D+2 and D+3 permission; ACM launches investigation • PostNL | four largest cities in the Netherlands support the deployment of shared APMs • E-commerce & Logistics | JD.com to roll out its own last mile delivery network in Europe • Corporate agenda | week 8 – 12</li></ul>

In this edition: • Basic-Fit | Belgium to postpone VAT increase on sports • PostNL | secures D+2 and D+3 permission; ACM launches investigation • PostNL | four largest cities in the Netherlands support the deployment of shared APMs • E-commerce & Logistics | JD.com to roll out its own last mile delivery network in Europe • Corporate agenda | week 8 – 12

Basic-Fit NV - What's New(s) in Amsterdam

<ul><li>In this edition: • KPN / Odido | major data breach at Odido • CM.com | anticipates at least 30% increase in FY26 adjusted EBITDA • ForFarmers | “an engagement is the trailer; marriage is the full series” • Allegro | moves to a single order threshold for free delivery for Smart!</li><li>Users • E-commerce & Logistics | EU Council approves customs duty on small e-commerce parcels • E-commerce & Logistics | Benelux webshops excel in delivery speed; not in aftersales</li></ul>

In this edition: • KPN / Odido | major data breach at Odido • CM.com | anticipates at least 30% increase in FY26 adjusted EBITDA • ForFarmers | “an engagement is the trailer; marriage is the full series” • Allegro | moves to a single order threshold for free delivery for Smart!Users • E-commerce & Logistics | EU Council approves customs duty on small e-commerce parcels • E-commerce & Logistics | Benelux webshops excel in delivery speed; not in aftersales

<ul><li>In this edition: • ABN Amro | 4Q25 falls short of market expectations • Ahold Delhaize | solid finish of the year in a challenging environment • BE Semiconductor Industries and peers | Amkor expects to threefold capital expenditure • Randstad | proposes its floor dividend of EUR 1.62 – trades at an attractive – virtually guaranteed – dividend yield of 5.3% • Alfen | to strategically reposition the company for profitable growth • PostNL | Jumbo allows the deployment of APMs in 100 additional stores</li></ul>

In this edition: • ABN Amro | 4Q25 falls short of market expectations • Ahold Delhaize | solid finish of the year in a challenging environment • BE Semiconductor Industries and peers | Amkor expects to threefold capital expenditure • Randstad | proposes its floor dividend of EUR 1.62 – trades at an attractive – virtually guaranteed – dividend yield of 5.3% • Alfen | to strategically reposition the company for profitable growth • PostNL | Jumbo allows the deployment of APMs in 100 additional stores

Alfen Beheer BV - What's New(s) in Amsterdam

<ul><li>In this edition: • Ahold Delhaize/PostNL | bol launches 3PL fulfillment ecosystem; more LM insourcing • Shell | strong CFFO despite lower than expected results; USD 3.5bn share buyback • Wolters Kluwer | two UpToDate patient engagement solutions ranked #1 in KLAS report • Fagron | regulatory clearance for / completes the acquisitions of Vepakum and Magilab • SBM Offshore | completes the sale of FPSO ONE GUYANA • Sligro Food Group | strong FCF to allow for EUR 26m share buyback</li></ul>

In this edition: • Ahold Delhaize/PostNL | bol launches 3PL fulfillment ecosystem; more LM insourcing • Shell | strong CFFO despite lower than expected results; USD 3.5bn share buyback • Wolters Kluwer | two UpToDate patient engagement solutions ranked #1 in KLAS report • Fagron | regulatory clearance for / completes the acquisitions of Vepakum and Magilab • SBM Offshore | completes the sale of FPSO ONE GUYANA • Sligro Food Group | strong FCF to allow for EUR 26m share buyback

Sligro Food Group NV - What's news in Amsterdam

Netherlands

PostNL NV collects, transports, stores, sorts, and distributes letters, printed matter, parcels, documents, and freight items.  The Company provides mail and logistics services domestically and internationally.

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

PostNL NV (PNL NA)

What's News in Amsterdam - 17 February (Ahold Delhaize/PostNL/Allegro | KPN)

In this edition: • Ahold Delhaize/PostNL/Allegro | JD.com’s initiative to become active on the Dutch market • KPN | higher churn among Odido’s...

The IDEA!

Basic-Fit NV - What's New(s) in Amsterdam

In this edition: • Basic-Fit | Belgium to postpone VAT increase on sports • PostNL | secures D+2 and D+3 permission; ACM launches...

The IDEA!

Allegro.eu SA - What's News in Amsterdam

In this edition: • KPN / Odido | major data breach at Odido • CM.com | anticipates at least 30% increase in FY26 adjusted EBITDA • ForFarmers |...

The IDEA!

Alfen Beheer BV - What's New(s) in Amsterdam

In this edition: • ABN Amro | 4Q25 falls short of market expectations • Ahold Delhaize | solid finish of the year in a challenging...

The IDEA!

Sligro Food Group NV - What's news in Amsterdam

In this edition: • Ahold Delhaize/PostNL | bol launches 3PL fulfillment ecosystem; more LM insourcing • Shell | strong CFFO despite lower than...

The IDEA!

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)