Belgian Market Community

Strong Operational Momentum Palm oil production up +19.1% YoY , driven by improved yields and extraction rates. Banana volumes up +3.4% , supported by maturing plantations.

Proximus: A Quiet Backup Plan Delivering 7% Gross Yield and Currency Upside The State-Backed Backup Plan with 7% Gross Yield and 15% Currency Upside. Proximus currently offers investors a solid gross dividend yield of around 7%, translating to approximately 5% net return after typical 30% taxes.

This belgian REIT feels confident in meeting customers needs and trends and challenges related to internet purchasing. I put its value to EUR 50 per share, which corresponds to the sectorial discount of 20 %.

Why has the stock dropped? Proximus had to invest heavily in the deployment of Fiber.

Key Takeaways Structural cost reductions and cultural transformation are set to drive lasting margin and earnings outperformance beyond what is currently anticipated. Industry-leading contracts, innovative recycling, and broad technological partnerships position Umicore for resilient, high-margin growth amid accelerating demand for sustainable materials.

Key Takeaways Rapid Vyvgart adoption, expanded indications, and accelerated self-administration are driving market expansion, revenue growth, and margin improvement well beyond initial expectations. Advancements in drug discovery and strong financial position enable swift pipeline development, supporting long-term leadership and outperformance in rare autoimmune biologics.

Key Takeaways Pricing pressures, loss of exclusivity on key drugs, and rising regulatory barriers threaten revenue growth, profitability, and UCB's ability to sustain its branded market share. Limited pipeline diversity and slow digital transformation increase vulnerability to clinical setbacks, shifting market trends, and diminished long-term competitiveness.

Key Takeaways Advanced digital platform adoption and full bancassurance integration are set to drive significant cost reductions, higher customer retention, and long-term earnings resilience. Strong momentum in sustainable products and demographic trends positions KBC for elevated income growth and market share in high-margin financial segments.

Key Takeaways Shifting consumer preferences and tighter health regulations are forcing a move away from profitable core products, threatening long-term growth and profitability. Heavy dependence on Biscoff and escalating supply chain, compliance, and sustainability costs expose the company to increased risks and tighter margins.