Aug 7 2026
Recent Research
easyJet, Recommended bid at 715p
Aug 6 2026
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...
Irish economy
Weak Q2 housing result driven by volatile apartments
Housing supply for Q2 was just 8.8k, well below our forecast for 11.2k. Volatile apartments explained all of this, with our forecast for 6.2k houses matching the result. We had previously...
Kingspan Group
H1 2026 results preview
Kingspan’s profit growth should accelerate from this year on, and the upcoming H1 results should represent a down payment on this expectation. The first half was not without its...
Smurfit Westrock
Guidance for the year lowered due to input cost inflation
Smurfit Westrock delivered Q2 adjusted EBITDA of $1,140m, broadly in line with the Visible Alpha consensus forecast of $1,152m. However, the company lowered guidance for FY 2026 by 3%...
Greencore Group
Concerns addressed; value unrecognised
We are increasing our FY26 adjusted operating profit forecast by c.4% to c.£240m, partly reflecting stronger self-help-driven profit conversion across both underlying businesses. We...
Howden Joinery
Turning up the heat in the kitchen
Revised forecasts suggest Howdens is poised to return to good earnings growth, especially in 2027 when it will benefit from a full year’s contribution from DIY Kitchens. We believe the...
hVIVO
H1 2026 trading update
hVIVO has issued a trading update for H1 2026. Earnings are in line with expectations. There has been an increase in commercial momentum with a significant expansion in the orderbook....
