Ayvens' 2025 Financial statements are available on Ayvens' corporate website (www.ayvens.com) in the Investors section under “Financial Results”. The financial information presented for the financial year ending 31 December 2025 was approved by the Board of Directors on 5 February 2026 under the chairmanship of Pierre Palmieri and has been prepared in accordance with IFRS as adopted in the European Union and applicable at that date. The audit procedures carried out on the consolidated annual financial state ...

Ayvens' 2025 Financial statements are available on Ayvens' corporate website (www.ayvens.com) in the Investors section under “Financial Results”. The financial information presented for the financial year ending 31 December 2025 was approved by the Board of Directors on 5 February 2026 under the chairmanship of Pierre Palmieri and has been prepared in accordance with IFRS as adopted in the European Union and applicable at that date. The audit procedures carried out on the consolidated annual financial state ...

Core Viewpoint - KBC Group has successfully closed the acquisition of Business Lease s.r.o. in the Czech Republic and Slovakia, enhancing its leasing activities and market position in Central Europe [1][3]. Financial Details - The total consideration for the acquisition is 72 million euros, which has a minimal impact on KBC Group's capital position, reducing its fully loaded CET1 ratio by just 4 basis points [2]. Market Position and Strategy - This acquisition allows KBC Group to significantly expand its leasing operations, managing approximately 15,000 vehicles in the Czech Republic and around 10,000 vehicles in Slovakia, positioning it as a top player in both markets [3][4]. - The integration of Business Lease with ČSOB Leasing is expected to create a leading fleet management and operational leasing provider in the region [3]. Transition and Brand Management - The Business Lease brand will continue to be used initially to ensure a smooth transition, while maintaining service commitments to customers [5]. Leadership Perspectives - KBC Group's CEO, Johan Thijs, emphasizes that this partnership will accelerate growth and set new standards for mobility in Central Europe [6]. - The CEOs of KBC Group's Czech and Slovak divisions highlight the enhancement of market presence and service offerings through the integration of Business Lease's solutions with existing capabilities [6]. - The CEO of AutoBinck Group notes that partnering with larger players is essential for future growth amid market consolidation [6]. Company Background - Business Lease, part of AutoBinck Group NV, is a leading provider of operational leasing and fleet management, managing over 30,000 vehicles and employing 244 staff [7]. - ČSOB Leasing Czech Republic holds a market share of approximately 16% in the Czech asset finance sector, serving 25,000 clients [9].

Company Announcement - Ituran Location and Control Ltd. will release its fourth quarter and full year 2025 results on March 5, 2026 [1] - A video conference call will be held on the same day at 9am Eastern Time, where management will present the results and answer investor questions [1] Participation Details - Interested participants can register for the Zoom call via a provided link, and will receive access details post-registration [2] - For those unable to attend, a replay of the call will be available shortly after its conclusion through the same link or on Ituran's website [3] Company Overview - Ituran is a leader in mobility technology, offering location-based services including stolen vehicle recovery and fleet management [4] - The company has a significant presence in Latin America as the largest OEM telematics provider, with services utilized in over 20 countries [4] - Ituran has a growing subscriber base exceeding 2.5 million and employs approximately 2,800 people globally [5]

Core Insights - Ayvens reported a net income group share of EUR 996 million for 2025, reflecting a 45.7% increase compared to EUR 684 million in 2024, driven by higher margins and lower operating expenses [1][11][29] - The company achieved a cost to income ratio of 56.1% for 2025, improving by 7.1 points from 63.2% in 2024, indicating enhanced operational efficiency [1][25] - Return on Tangible Equity (ROTE) increased to 12.9% for 2025, up from 8.6% in 2024, showcasing improved profitability [1][29] Financial Performance - Full-year 2025 leasing and services margins reached EUR 2,944 million, a 9.1% increase from 2024 [1][15] - Gross operating income for 2025 was EUR 3,355 million, up 11.3% compared to 2024, supported by higher margins and net used car sales [12][29] - The net used car sales (UCS) result for 2025 was EUR 411 million, a 29.6% increase from 2024, with a net UCS result per unit at EUR 1,075, at the high end of guidance [1][21] Operational Efficiency - The cost to income ratio for Q4 2025 was 56.2%, down 4 points from 60.2% in Q4 2024, indicating continued improvement in cost management [1][25] - Operating expenses for 2025 decreased by 3.9% to EUR 1,826 million compared to 2024, reflecting effective cost control measures [22][24] - The company achieved gross revenue synergies of EUR 231 million for 2025, benefiting from the integration of LeasePlan [13] Fleet and Asset Management - Ayvens' total fleet decreased by 3.2% year-on-year to 3.175 million units, reflecting ongoing portfolio restructuring [7][34] - Earning assets stood at EUR 53.0 billion, a slight decrease of 1.0% compared to 2024, with a focus on profitability and asset risk management [1][5] - Electric vehicle (EV) penetration reached 43% of new passenger car registrations in 2025, up from 39% in 2024, indicating a shift towards sustainable mobility [8] Shareholder Returns - The proposed dividend for 2025 is EUR 0.59 per share, up from EUR 0.37 in 2024, aligning with a 50% payout ratio target [30][31] - Total distribution for 2025, including an exceptional dividend and share buyback, amounted to EUR 1,150 million, reaffirming the company's commitment to shareholder value [31] Regulatory Capital - Ayvens' Common Equity Tier 1 (CET1) ratio was 13.2% as of December 2025, above the regulatory requirement, reflecting strong capital management [1][38] - Risk-weighted assets (RWA) decreased to EUR 53.7 billion, contributing to the improved CET1 ratio [37][38]

Core Viewpoint - Ryder System, Inc. is positioned as a strong player in the logistics and transportation sector, with promising growth potential and solid financial health, making it an attractive investment opportunity [1][3][4]. Performance Summary - Ryder has experienced a modest gain of 0.35% over the past 30 days, but a slight decline of 1.88% in the last 10 days may present a buying opportunity for investors [2][6]. Growth Potential - The company has a projected stock price increase of 20.60%, indicating significant room for growth and appealing to growth-focused investors [3][6]. Financial Health - Ryder's Piotroski Score of 8 reflects strong financial health, suggesting good performance in profitability, leverage, liquidity, and operating efficiency, which supports its growth prospects [4][6]. Analyst Insights - Analysts have set a target price of $226.67 for Ryder, indicating a significant upside from current levels and reflecting confidence in the company's future performance [5].

Core Viewpoint - Ayvens has successfully completed its share buyback program, purchasing 33,180,919 ordinary shares, which is 4.1% of its share capital, for a total of EUR 360 million [2][5]. Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [4]. - The company operates with over 14,000 employees across 41 countries and manages a fleet of 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [4]. - Ayvens is listed on Compartment A of Euronext Paris with the ISIN FR0013258662 and Ticker AYV, and is majority-owned by Societe Generale Group [4]. Share Buyback Details - The share buyback program commenced on 31 October 2025 and involved the repurchase of shares at an average price of EUR 11.22 [2][3]. - The buyback included transactions on 8 and 9 December 2025, with a total of 512,543 shares repurchased during this period [3].

Core Viewpoint - Ayvens has initiated a share buyback program amounting to EUR 360 million aimed at share cancellation, with significant progress reported as of early December 2025 [1][2]. Group 1: Share Buyback Program - The buyback program was officially announced on October 30, 2025, and commenced on October 31, 2025, with a maximum budget of EUR 360 million [1]. - Ayvens has received all necessary authorizations from supervisory authorities to conduct the buybacks, adhering to conditions set by the General Shareholders' Meeting on May 19, 2025 [2]. - As of December 5, 2025, Ayvens has completed 98.4% of its buyback program, representing 4.0% of its total share capital [3]. Group 2: Transaction Details - The buyback transactions from December 1 to December 5, 2025, included a total of 1,150,505 shares repurchased at a daily weighted average price of EUR 11.23 [4]. - Specific daily transactions included purchases of 77,009 shares at EUR 11.06 on December 1, and 151,627 shares at EUR 11.34 on December 4, among others [4]. Group 3: Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, and fleet management across 41 countries [5]. - The company operates with over 14,000 employees and manages 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [5]. - Ayvens is listed on Compartment A of Euronext Paris under the ticker AYV, with Societe Generale Group as its majority shareholder [5].

Core Viewpoint - Ayvens has initiated a share buyback program amounting to EUR 360 million aimed at share cancellation, with significant progress reported as of late November 2025 [1][2]. Group 1: Share Buyback Program - The buyback program was officially announced on October 30, 2025, and commenced on October 31, 2025, with a maximum budget of EUR 360 million [1]. - Ayvens has received all necessary authorizations from supervisory authorities, and the buybacks are conducted in compliance with the conditions set by the General Shareholders' Meeting held on May 19, 2025 [2]. - As of November 28, 2025, Ayvens has completed 94.8% of its share buyback program, representing 3.9% of its total share capital [3]. Group 2: Buyback Details - The buyback transactions from November 24 to November 28, 2025, involved a total of 1,335,117 shares purchased at an average price of EUR 10.86 [3]. - The buyback was executed across various trading platforms, including Euronext Paris, with a temporary suspension of the liquidity contract with BNP Paribas Exane during the buyback period [2]. Group 3: Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [4]. - The company operates with over 14,000 employees across 41 countries and manages a fleet of 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [4]. - Ayvens is listed on Compartment A of Euronext Paris, with Societe Generale Group as its majority shareholder [4].

Core Viewpoint - Ayvens has initiated a share buyback program amounting to EUR 360 million aimed at share cancellation, with significant progress reported as of November 21, 2025, having completed 90.8% of the program, representing 3.7% of its share capital [1][3]. Group 1: Share Buyback Program - The buyback program was announced on October 30, 2025, and commenced on October 31, 2025, with a maximum budget of EUR 360 million [1]. - Ayvens has received all necessary authorizations from supervisory authorities, and the buybacks are conducted in compliance with the conditions set by the General Shareholders' Meeting on May 19, 2025 [2]. - The buybacks are executed on trading platforms where Ayvens shares are listed, including the regulated market of Euronext Paris, and the liquidity contract with BNP Paribas Exane has been temporarily suspended during this period [2]. Group 2: Buyback Details - From November 17 to November 21, 2025, Ayvens repurchased a total of 1,243,690 shares at an average purchase price of EUR 10.73 [3]. - The daily breakdown of purchases shows significant activity across multiple trading platforms, with notable volumes on November 17, 18, 19, 20, and 21, 2025 [3]. - The total number of shares repurchased represents 3.7% of the current share capital of 816,960,428 shares [3]. Group 3: Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [4]. - The company operates with over 14,000 employees across 41 countries and manages 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [4]. - Ayvens is listed on Compartment A of Euronext Paris, with Societe Generale Group as its majority shareholder [4].