Pre-Session Views

In today's Pre-Session Views: Strategy | A quick thought on ETEL post the impressive August to date rally. Our telecoms/fintech team will publish a full valuation update on ETEL soon. EKHO| 1H25 results: Strong earnings recovery, AlexFert driving outperformance;, 2H looks promisingARCC | Strong 2Q25 results; outlook balanced by emerging risksMBSC | 2Q25 Volumes weigh on results, 1H25 still on track