Aug 13 2026
Recent Research
Entain, Good H1 results
Aug 13 2026
FBD Holdings, Continued delivery
Aug 13 2026
Greencoat UK Wind, Well positioned for H2 2026
Aug 13 2026
Hill & Smith, Strong H1 2026 results
Aug 12 2026
Irish economy
2026 inflation is on course to undershoot most forecasts
The full print for Ireland’s inflation in July showed an overall rate in line with the flash indicator published two weeks ago. However, some revisions saw a smaller decline in energy prices...
FBD Holdings
Continued delivery
Since the outset of its current strategy, FBD has delivered across all fronts, growing in its targeted areas and returning very high levels of capital via dividends. This was all achieved...
Greencoat UK Wind
Well positioned for H2 2026
We have long viewed Greencoat UK Wind (UKW) as one of the higher quality operators in the listed renewables space. As a sector pioneer, it has consistently been at the forefront of...
Dole plc
Meaningfully de-risked, yet valuation remains disconnected
We are modestly lowering our FY26 adjusted EBITDA forecast by c.1% to c.$401m, reflecting a slower pass-through of recovery mechanisms and the lingering impact of the Middle East...
Mincon Group
Model update
Despite unchanged earnings at an operating profit level, we believe risks are tilted to the upside for Mincon in FY26. There is c.15% upside to our price target, and we reiterate our...
Greggs plc
Burden of proof shifts to execution: moving to ‘Neutral’
Greggs shares have re-rated meaningfully since its interim statement, supported by stronger near-term margin delivery. We continue to recognise the quality of the store rollout model,...
AIB Group
Model update post H1 results
We update our AIB Group (AIBG) forecast model post the H1 results, with no material changes to our earnings outlook. H1 2026 provided reassurance on growth levels and competition, while...
Bank of Ireland
Model update post H1 results
We update our Bank of Ireland (BIRG) model post H1 results, with modest changes to our forecasts. H1 2026 demonstrated a business performing strongly in Ireland across key segments,...
Hostelworld
Forecast update
We are updating our Hostelworld forecasts to reflect the recent interim results. The company flagged a c.3% impact to booking volumes as a result of the conflict in the Middle East....
Irish economy
Spending growth has matched economic growth since 2019
Recent days have seen several new reports and data releases. The Mid-Year Expenditure Report (MYER) reiterates the Government’s aim, outlined in last week’s Summer Economic...
