Core Viewpoint - Crédit Agricole S.A. has launched tender offers to purchase its outstanding perpetual notes, aiming to optimize its capital base and provide liquidity to investors [11]. Group 1: Details of the Offers - The offers include two series of notes: USD 8.125% Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes with an outstanding principal amount of USD 1.25 billion and GBP 7.500% Undated Deeply Subordinated Additional Tier 1 Fixed Rate Resettable Notes with an outstanding principal amount of GBP 396.684 million [12]. - The offer prices are set at USD 1,011.25 per USD 1,000 principal amount for the USD Notes and GBP 1,023.50 per GBP 1,000 principal amount for the GBP Notes [12]. - The expiration date for the offers is set for 5:00 p.m. New York City time on September 8, 2025, with a guaranteed delivery procedure available until September 10, 2025 [4][6]. Group 2: Conditions and Settlement - The acceptance of validly tendered notes is subject to certain customary conditions, including the successful completion of a proposed issuance of new notes [5]. - The settlement date for the offers is expected to occur on or about September 11, 2025 [6]. - Crédit Agricole S.A. intends to issue a new series of undated deeply subordinated additional tier 1 notes, considering the tendering intentions of investors [7]. Group 3: Additional Information - Further details regarding the terms and conditions of the offers can be found in the Offer to Purchase document [8]. - The company has provided contact information for assistance related to the offers, including details for the structuring bank and dealer managers [13].

Core Insights - Indosuez Wealth Management has completed the acquisition of Banque Thaler, now holding 100% of its capital [1][2] - The acquisition aligns with Indosuez's growth strategy and strengthens its position in the Swiss market, where it has been operating since 1876 [2][4] - Clients of Banque Thaler will gain access to a broader range of products and services, enhancing their wealth management experience [3] Company Overview - Indosuez Wealth Management is the wealth management division of Crédit Agricole Group, which is the world's 10th largest bank by balance sheet [5] - The bank has over 4,300 employees across 15 territories, managing €215 billion in client assets as of December 2024, making it one of Europe's leading wealth management firms [7] - The Swiss platform focuses on wealth management, transactional commodity financing, and commercial banking, with a strong presence in Geneva, Lugano, and Zurich [9][10] Strategic Implications - The legal merger of Indosuez and Banque Thaler is expected to be completed by the end of 2025, marking a significant step in the bank's growth strategy [2] - The acquisition is seen as a way to enhance client relationships through agile local teams and a comprehensive service offering [4] - The impact on Crédit Agricole S.A.'s CET1 ratio from this acquisition is expected to be limited [4]

Press release Montrouge, 28 august 2025 2025 CAPITAL INCREASE RESERVED FOR EMPLOYEES Crédit Agricole S.A.’s capital increase reserved for the 190,000 Crédit Agricole Group employees and retired former employees1, the subscription period of which ran from 24 June to 8 July 2025, was completed on 28 August 2025. 37,533 people, in France and around the world, subscribed, for a total amount of €294.5 million. The investment scheme proposed a subscription with a 20% discount on the share price, calculated accor ...

Core Insights - Oscar Health (NYSE: OSCR) released its Q2 earnings, which aligned with preliminary results, indicating stability in performance [1] - Following the earnings release, Oscar's stock price has rebounded from recent lows, suggesting positive market sentiment [1] Company Analysis - Oscar Health is focused on high-quality growth, emphasizing sustainable competitive advantages and expanding market opportunities [1] - The company is also involved in turnaround situations and contrarian investments, targeting fundamentally sound companies that are undervalued due to temporary challenges [1] Market Commentary - The analysis reflects a broader understanding of market conditions, macroeconomic trends, and sector rotations, which are crucial for informed investment decisions [1]

Core Points - Crédit Agricole S.A. has filed Amendment A03 to the 2024 Universal Registration Document with the French Financial Markets Authority (AMF) on August 8th, 2025 [2] - The document is available for public consultation on the company's website under the "URD and Amendments" section [2] Company Information - The filing number for the Amendment A03 is D.25-0137-A03 [2] - Contact information for press inquiries includes Alexandre Barat and Olivier Tassain, with their respective email addresses and phone numbers provided [3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ . Commission File Number 1-38494 Arcosa, Inc. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Inc ...

Financial Data and Key Metrics Changes - Company reported a record quarter with an 18% increase in revenue and a 42% growth in adjusted EBITDA year over year, excluding the divested Steel Components business [6][9] - Adjusted EBITDA margin reached a record 20.9%, up 360 basis points [7] - Operating cash flow improved to $61 million, with free cash flow for the quarter at $39 million [20][21] Business Line Data and Key Metrics Changes - Construction Products segment saw a 28% increase in revenues and a 44% increase in adjusted segment EBITDA, driven by the Stivola acquisition [10] - Aggregates business reported a 15% increase in freight adjusted revenues and a 21% increase in adjusted cash gross profit, with total volumes up 6% [12] - Engineered Structures segment revenue increased by 7%, with adjusted segment EBITDA rising 31% and margin expanding to 18.7% [15][16] - Transportation Products revenues were up 18%, with adjusted segment EBITDA increasing by 10% [18] Market Data and Key Metrics Changes - The company noted strong pricing gains in the aggregates business, driving a 15% increase in adjusted cash gross profit per ton [7] - The backlog for utility and related structures reached a record $450 million, up 9% from the start of the year [16] - Wind tower backlog was reported at almost $600 million, down 23% from the start of the year [17] Company Strategy and Development Direction - Company is focused on strengthening growth businesses, streamlining the portfolio, and reducing cyclicality while expanding margins [5] - The strategic transformation of the portfolio is aimed at creating a more focused and resilient platform for long-term growth [23] - The company plans to convert a facility from wind towers to utility structures to meet increasing demand in the power market [28][92] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong long-term prospects for the construction business despite recent weather-related challenges [26] - The company anticipates a 30% growth in EBITDA for 2025, excluding the divested Rail Components business [9][24] - Management highlighted the positive sentiment from customers regarding upcoming projects and the overall market environment [71] Other Important Information - The company is on track to reach a target leverage range of 2 to 2.5 times within the next three quarters [21] - The anticipated capital expenditures for the full year are now projected to be between $145 million and $155 million [20] Q&A Session Summary Question: Discussion on updated guidance range and segment basis - Management indicated strong growth expectations for 2025, maintaining the midpoint of guidance and tightening the range [35][36] Question: Drivers of raised aggregates ASP guidance - Management noted an 8% growth in ASP for the quarter, leading to a year-to-date growth of about 10% [40][41] Question: Wind tower business capacity for new orders - Management confirmed that three plants are operating at about 60% capacity, with the ability to increase production if needed [48] Question: Aggregates gross profit per ton growth expectations - Management expects continued good gross profit per ton growth in the second half, benefiting from the Stivola acquisition [54] Question: Acquisition pipeline and opportunities - Management stated there is a solid pipeline of bolt-on acquisitions and plans to deploy capital as leverage ratios improve [56][58] Question: Policy clarity and its impact on wind tower business - Management emphasized the importance of clarity in policy for the wind industry, which has led to increased customer confidence [62][66] Question: Customer-driven delays due to funding - Management clarified that the weakness in organic growth was primarily due to weather, not project delays [70] Question: Geographies showing multifamily demand improvement - Management highlighted improvements in Texas and New Jersey for multifamily demand [73]

SECOND QUARTER 2025 EARNINGS CONFERENCE CALL MOVING INFRASTRUCTURE FORWARD | AUGUST 8, 2025 FORWARD LOOKING STATEMENTS Some statements in this release, which are not historical facts, are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Forward- looking statements include statements about Arcosa's estimates, expectations, beliefs, intentions or strategies for the future. Arcosa uses the words "anticipates," "assumes," "believes," "estimates," "expects," "inten ...

Performance This Quarter: Highlights and Trends Arcosa delivered record operating profitability, propelled largely by margin expansion and contributions from recent acquisitions. The headline non-GAAP EPS of $1.27 beat expectations by $0.22, reflecting those operational improvements. Revenue (GAAP), up 11% year-over-year, was below analyst expectations, echoing softness in organic growth offset by strong acquisition impact. Segment performance and product-specific factors played essential roles in the perio ...

Core Viewpoint - Arcosa (ACA) reported quarterly earnings of $1.27 per share, exceeding the Zacks Consensus Estimate of $1.05 per share, and showing an increase from $0.91 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +20.95%, with the company previously expected to earn $0.29 per share but actually earning $0.49, resulting in a surprise of +68.97% [2] - Arcosa's revenues for the quarter were $736.9 million, which missed the Zacks Consensus Estimate by 2.09%, compared to $664.7 million in the same quarter last year [3] - Over the last four quarters, the company has surpassed consensus EPS estimates three times but has only topped revenue estimates once [3] Stock Performance - Arcosa shares have declined approximately 12.5% since the beginning of the year, while the S&P 500 has gained 7.9% [4] - The company's current Zacks Rank is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $1.32 on revenues of $778.3 million, and for the current fiscal year, it is $3.83 on revenues of $2.93 billion [8] - The outlook for the industry, specifically the Building Products - Miscellaneous sector, is currently in the bottom 37% of over 250 Zacks industries, which may impact stock performance [9]