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  1. [verwijderd] 8 mei 2009 19:22
    Hierbij het nieuws van gisteren. Wellicht dat de verwachtingen m.b.t. cijfers en/of de toekomst te hoog gespannen waren.

    RRsat Presents 53% Increase in Operating Income in First Quarter 2009

    Gross Margin Reached 33.8% With Adjusted EBITDA Reaching Record $6.0 Million

    OMER, Israel, May 7 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, today announced its financial results for the first quarter ended March 31, 2009.

    First Quarter 2009 Highlights

    - Revenues increase 25% reaching $22.3 million
    - Operating income increases 53% to $4.6 million
    - Adjusted EBITDA increases 50% to $6.0 million
    - Net income reaches $3.0 million; Adjusted net income totals
    $2.8 million
    - Introduce second quarter guidance; Adjust 2009 annual
    revenue guidance to the range of $95 - 100 million in light of longer
    implementation processes

    Revenues for the first quarter of 2009 totaled $22.3 million, an increase of 25% compared to $17.8 million in the first quarter of 2008.

    Gross profit for the first quarter of 2009 totaled $7.6 million, an increase of 38% compared to $5.5 million in the first quarter of 2008. Gross margins for the first quarter of 2009 increased to 33.8% compared with 30.6% in the first quarter of 2008.

    Operating income for the first quarter of 2009 totaled $4.6 million, an increase of 53% compared to $3.0 million in the first quarter of 2008.

    Net income on a GAAP basis for the first quarter of 2009 was $3.0 million, an increase of 15% compared to $2.6 million in the first quarter of 2008. Net income per diluted share on a GAAP basis was $0.17, compared to $0.15 in the first quarter of 2008.

    Adjusted EBITDA for the first quarter of 2009 totaled $6.0 million, an increase of 50% compared to $4.0 million in the first quarter of 2008.

    Adjusted net income for the first quarter of 2009 totaled $2.8 million, compared to $3.4 million in the first quarter of 2008. Adjusted net income per diluted share, totaled $0.16, compared to $0.20 in the first quarter of 2008. Adjusted net income and Adjusted net income per diluted share for the quarter were impacted by a significant increase in tax expenses compared to the first quarter of 2008, resulting from the effect on the Company's cash and deposits of the substantial appreciation of the US dollar during the first quarter of 2009 compared to the substantial devaluation of the US dollar during the first quarter of 2008.

    Backlog of signed agreements, as of March 31, 2009, totaled $177.8 million, compared to $185.7 million backlog of signed agreements as of December 31, 2008. During the quarter the Company added $23 million of new and renewed service agreements to the firm backlog, this increase was offset by the delivery of $19.6 million of revenues, the impact borne by the appreciation of the US dollar against the Euro. This was also offset by the termination of certain customer agreements, following breach of terms and conditions, including the Company's proactive termination of certain agreements for breach of payment terms.

    Cash, cash equivalents and marketable securities as at March 31, 2009 were $47.1 million, compared with $46.6 million as at December 31, 2008. During the quarter, the Company generated $2.5 million in operating cash flow and announced a dividend of $5.5 million that was paid out in April 2009.

    David Rivel, founder and CEO of RRsat commented, "The first quarter of 2009 was another strong quarter for RRsat in terms of record revenues and ever growing gross and operating profits. During the quarter, we continued to see demand for our services, signing and renewing a total of $23 million of agreements with both new and existing customers. The macro economical environment, drawing a lengthening of implementation cycles paired with our proactive decision to cancel certain agreements following breach of payment terms, drew slightly lower than anticipated revenues. This was offset however by our prudent cost management which enabled us to present a strong increase in both gross profit and gross margin."

    "We continue to lay the foundations for long term growth, moving ahead with the integration of our acquired teleports, and, several weeks ago, launched our innovative RRsat Global Internet TV, offering a global, managed, end-to-end television service solution to all viewing mediums including television, computers and mobile devices, over the Internet. Since the launch, we have witnessed substantial excitement and view this service as an important growth driver in years to come, enabling broadcasters worldwide to reach new untapped regions and households."

    "Looking ahead to 2009, the macroeconomic market is both creating opportunities that we have not seen before as well as posing challenges, requiring diligent navigation and cost efficiencies. Our backlog of $178 million, granting us visibility into 2010, paired with our strong cash position of over $47 million, grant us the confidence in our long term growth. However, due to the lengthening of processes as well as our decision to cancel agreements, we have decided to adopt a cautious approach and are adjusting our 2009 annual revenues guidance to be in the range of $95 - $100 million. Revenues in the second quarter of 2009 are expected to be in the range of $22.5 - $23.0 million, representing a sequential increase over the first quarter of 2009." concluded Mr. Rivel.
  2. [verwijderd] 26 mei 2009 19:15

    Back to Headlines | Previous Story | Print Version |

    RRsat Expands Access to Africa via Telstar 11N Satellite

    REEM, Israel, May 21 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today that it has started operating a new Multi Channels Per Carrier (MCPC) platform on the Telstar 11N satellite located at 37.5 degrees West. Telstar 11N is a new Telesat satellite that utilizes high powered Ku-band transponders to support a wide range of video and data applications in North America, Europe and Africa and across the Atlantic Ocean.

    RRsat's Ku-band platform will enable the company to serve a growing number of broadcasters who can now offer television and IP-based services to the African market, including West and South Africa, by connecting to leading cable operators and Direct-to-Home (DTH) providers on the continent.

    "We are very excited to expand our services to Africa through this new platform which allows broadcasters around the world to efficiently reach West and South Africa - markets that have long been difficult to access," commented Lior Rival, Deputy CEO and VP Sales and Marketing. "This platform enables RRsat to further expand its offerings to leading cable and satellite operators in Africa, providing them with the means to reach millions of new households daily. We are also pleased to offer advanced DTH services on our platform so that viewers can access the latest programming and video content with small antennas, further expanding new subscriber opportunities for our broadcast customers."

    "Telesat and RRsat have enjoyed great success implementing an MCPC platform in Asia on Telstar 10," said Michael Schwartz, Vice President of Marketing & Corporate Development at Telesat. "It's always great when a customer's success in one market leads them to expand to another Telesat satellite, and that's exactly the situation we have with RRsat's new MCPC platform on Telstar 11N."
  3. [verwijderd] 20 juli 2009 20:44
    OMER, Israel, July 20 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today that it will be releasing its second quarter 2009 results on Monday, August 3, 2009 before US markets open.
  4. [verwijderd] 4 augustus 2009 21:19
    Bericht van gisteren:

    (RTTNews) - Monday, RRSat Global Communications Network Ltd. (RRST), a provider of content management and global distribution services to the television and radio broadcasting industries, reported a decline in its earnings for the second quarter, despite an increase in revenues.

    Net earnings for the second quarter was $3 million, down from $3.3 million in the prior year. Earnings per share declined to $0.17 from $0.19 in the year-ago period.

    Adjusted net earnings for the second quarter increased 15% to $4.1 million from $3.6 million last year. Adjusted earnings per share rose to $0.24 from $0.20 in the second quarter year-ago.

    On average, 2 analysts polled by Thomson Reuters expected the company to earn $0.20 per share for the second quarter of 2009. Analysts' estimates typically exclude one-time items.

    Revenues for the second quarter increased by 81% to $22.47 million, compared with $19.12 million in the year-ago period. Analysts estimated revenues of $22.64 million for the second quarter of 2009.

    The company noted that the macroeconomic environment drew a shortening in the average length of new contracts and that resulted in decline in backlog orders.

    Looking ahead to the third quarter, RRSat expects sequential growth with revenues in the range of $23.8 to $24.4 million, while Wall Street expects $25 million.

    The company reiterated its annual 2009 revenue guidance of $95 million to $100 million. Street expectation is $96.72 million.

    Further, the company said its Board declared a cash dividend of $3.0 million or $0.17 per share for the third quarter of 2009. The dividend will be payable to shareholders on record August 18, payable on September 2, 2009.

    Net income for the six months ended June 30, 2009 was $5.97 million or $0.34 per share, compared with $5.89 million or $0.34 per share year-ago. Adjusted net income was $6.877 million, compared with $6.97 million earned in the year-ago period. Adjusted net income per share was $0.39, compared with $ 0.40 in the year-ago period.

    Revenues for the first half increased to $44.79 million from $36.96 million in the year-ago period.

    RRST is currently trading on NASDAQ at $11.46
  5. [verwijderd] 6 augustus 2009 19:36
    Bericht van gisteren:

    RRsat Chosen to Distribute Dutch Language Channel, BVN-TV, to Europe & Middle East

    Follows Previously Successful Launch Over Asia, Africa and Australia Through RRsat Global Network

    RE'EM, Israel, August 5 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today that BVN-TV has chosen to expand its contract with RRsat. This follows the successful launch of services over Asia, Africa and Australia in 2007.

    BVN-TV is a collaboration of Radio Netherlands, Dutch Domestic Public Television and Flemish Radio and Television - providing Dutch-language programming to Dutch and Flemish communities living outside The Netherlands and Belgium.

    The BVN-TV Channel is now also broadcast to Europe and the Middle East over the RRsat Global Network, using the Hotbird satellite.

    "RRsat, through its advanced Global Network, has the capability of taking one channel, such as BVN-TV, to multiple regions and different time zones," commented Lior Rival, Deputy CEO and VP Sales and Marketing of RRsat. "This third consecutive agreement with BVN-TV, joins prior agreements to provide broadcasting services to Asia, Africa and Australia, demonstrating the success of our ongoing commitment to customer satisfaction, as well as the strength of the RRsat Global Network, reaching millions of households throughout Europe and the Middle East."
  6. [verwijderd] 6 september 2009 07:20
    RE'EM, Israel, September 3 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced today that PRO TV International, the premier Romanian language TV channel targeting Romanians residing outside of Romania, has chosen RRsat to expand its coverage to Europe, North Africa and the Middle East via the Hotbird satellite. Furthermore, PRO TV International has chosen RRsat to distribute the channel to Sky Italia platform in Italy.

    Its generalist programming offer comes from a generous pool of resources: that of the PRO TV S.A. group of trendsetting channels which are the most popular and dynamic on the Romanian market. PRO TV International keeps its viewers connected to their home through the best rated news programs, quality entertainment, classical movies, modern novellas, as well as through interactive shows specifically tailored for Romanians abroad.

    "We are very pleased that PRO TV International has chosen the RRsat Global Network to further expand its global reach to millions of Romanian viewers in Europe, North Africa and the Middle East. The RRsat global network enables viewers to access their familiar programs, each in their different time zones, reaching viewers in previously inaccessible regions," commented Lior Rival, VP Sales and Marketing of RRsat. "RRsat's advanced and comprehensive global network, will also enable PRO TV International to access the Sky Italia platform, reaching the broad Italian DBS subscriber network, further increasing its viewing potential reaching an even larger viewing audience."
  7. [verwijderd] 13 november 2009 06:25
    Cijfers Q3 2009

    RE'EM, Israel, Nov. 12 /PRNewswire-FirstCall/ -- RRsat Global Communications Network Ltd. (Nasdaq: RRST), a rapidly growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, today announced its financial results for the third quarter ended September 30, 2009.

    Third Quarter 2009 Highlights

    -- Record revenues of $24.1 million, growing 20% over last year.
    -- Operating income reaches $4.2 million; adjusted EBITDA reaches $5.7
    million;
    -- Net income reaches $2.9 million; adjusted net income reaches $3.8
    million;
    -- 18 new contracts commenced in the quarter, 12 with new customers and 6
    with existing customers; and

    -- Introduces fourth quarter guidance, forecasts sequential growth with
    revenues of $25.1 - $25.6 million.

    Third Quarter 2009 Results

    Revenues for the third quarter of 2009 totaled $24.1 million, an increase of 20% compared to $20.1 million in the third quarter of 2008.

    Gross profit for the third quarter of 2009 totaled $7.5 million, an increase of 14% compared to $6.6 million in the third quarter of 2008. Gross margin for the third quarter of 2009 totaled 31.0% compared to 32.7% in the third quarter of 2008. The main factors that negatively affected the gross margins were the appreciation of the Israeli Shekel against the US Dollar during the quarter, and an increase in available capacity in anticipation of future demand.

    Operating income for the third quarter of 2009 totaled $4.2 million, an increase of 5% compared to $4.0 million in the third quarter of 2008. Operating income was affected by the lower gross margins as described above and the weakness of the US Dollar versus the Israeli Shekel, in which a certain portion of operating expenses are denominated.

    Net income on a GAAP basis for the third quarter of 2009 was $2.9 million, compared to $4.0 million in the third quarter of 2008. Net income per diluted share on a GAAP basis was $0.17, compared to $0.23 in the third quarter of 2008.

    Adjusted EBITDA for the third quarter of 2009 totaled $5.7 million, an increase of 12% compared to $5.1 millionin the third quarter of 2008.

    Adjusted net income for the third quarter of 2009 totaled $3.8 million, an increase of 23% compared to $3.1 million in the third quarter of 2008. Adjusted net income per diluted share, totaled $0.22 in the third quarter, compared to $0.18 in the third quarter of 2008.

    Backlog of signed contracts: During the quarter, the increased demand for new services contributed to the commencement of a net 18 new contracts. Backlog grew slightly to $171 million as of September 30, 2009 compared to $170 million as of June 30, 2009.

    Cash, cash equivalents and marketable securities as at September 30, 2009 were $44.4 million, compared to $42.8 million as at June 30, 2009. During the quarter, the Company generated $6.5 million in operating cash flow, invested $2.1 million in capital expenditure, and paid out a dividend of $2.9 million in September 2009.

    David Rivel, founder and CEO of RRsat commented, "We are very proud with our 18 new contracts, including 12 contracts with new clients. In addition, we have also more recently commenced contracts with two major networks, Fox Sports and Kidsco, a member of the NBC Universal Group. These developments have broadened and strengthened our customer base, and have increased our ability to sell additional services. We believe this growth in new contracts is a testament to the increase in demand for our services that we are experiencing, some of which is coming from the increasingly pervasive High-Definition market. To meet the consumer demand for HD, customers are increasingly looking to outsource their distribution to us, given our new HD platform utilizing a state-of-the-art playout facility, built on leading edge end-to-end technologies."

    Mr. Rivel added, "We believe that the market is returning to its normal behavior, as is evident by the strong pipeline and demand that we see for our services, and the return to normal contract length. Given the market strength that we see, we are also stepping up our capacity, in anticipation of our future utilization requirements over the coming months."

    "Based on our good visibility and healthy backlog, we are forecasting that revenues in the fourth quarter will be between $25.1-25.6 million," concluded Mr. Rivel.
  8. [verwijderd] 3 juni 2010 21:51
    Q1 resultaten:

    RRsat Presents Record Revenue of $25.9 Million and Record Net Income of $4.3 Million in First Quarter 2010

    Net Income increases by 42%
    First Quarter 2010 Highlights
    -- Revenues for the first quarter increased 15.8% reaching $25.9 million
    -- Backlog as of March 31, 2010 at $165.2 million
    -- Fourteen new contracts; eight with existing clients, six with new clients
    -- Second quarter revenue guidance of $26.4 - $27.4 million

    RE'EM, Israel, May 10 /PRNewswire-FirstCall/ --RRsat Global Communications Network Ltd.(Nasdaq: RRST), a growing provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, today announced its financial results for the first quarter of 2010.

    First Quarter 2010 Results:

    Revenues for the first quarter of 2010 totaled $25.9 million, an increase of 15.8% compared to $22.3 million in the first quarter of 2009.

    Backlog of signed agreements, as of March 31, 2010, was at $165.2 million, including $63.7 million of revenues expected to be recognized in the remainder of 2010, compared to a backlog of $167.6 at the end of the previous quarter. The decrease is mainly attributed to the weakness of the Euro versus the US Dollar during the quarter, which was partially offset by an increase in new contracts and the extension of existing contracts.

    Operating income for the first quarter of 2010 totaled $3.8 million compared to $4.6 million in the first quarter of 2009 and to $2.2 million in the previous quarter.

    Net income on a GAAP basis for the first quarter of 2010 was $4.3 million, a 42% increase from $3.0 million in the first quarter of 2009. Adjusted Net Income was $2.6 million for the quarter, compared to $2.8 million in the first quarter of 2009. Net income per diluted share on a GAAP basis for the quarter was $0.24, compared to $0.17 in the first quarter of 2009. Adjusted net income per diluted share, totaled $0.15, compared to $0.16 in the first quarter of 2009.

    Adjusted EBITDA for the first quarter of 2010
    totaled $5.4 million, compared to $6.0 millionin the first quarter of 2009.

    Cash, cash equivalents and marketable securities as at March 31, 2010 was $40.1 million, compared with $47.5 million as at December 31, 2009. The difference in the cash balance was mainly attributed to the $4 million the company paid out in dividends to its shareholders during the first quarter, $3.5 million invested in capital expenditures and a negative operating cash flow of $0.3 million.

    Guidance for second quarter revenue is in the range of $26.4 - $27.4 million. For 2010, revenue guidance remains unchanged in the range of $107 - $110 million.

    David Rivel, CEO of RRsat commented, "We are pleased with our results and believe that our strategy -- to become the largest broadcasting and play-out service provider for content providers -- will produce further positive developments. We have identified four key areas to support our strategy: 1) further strengthen our position in our legacy market of mid and small sized customers/broadcasters; 2) increase our penetration into the major broadcasters' market, which we have already started in 2009 and in the first quarter of 2010; 3) continue to evaluate M&A possibilities to compliment our business; and 4) further enhance our infrastructure."

    Mr. Rivel continued, "So far, we have seen significant advances to support our strategy. We signed a distribution agreement with FOX Sports to distribute FOX Sports' content to Europe, the Middle East and North Africa via the Eurobird-9 satellite. We also signed an agreement to distribute Nickelodeon, part of the MTV Network, to Central and Eastern Europe. This represents only the initial stages of our penetration strategy, which we believe provides significant growth potential. We are seeking to continue expanding our services and to add new channels for these customers, as well as other major broadcasters with whom we are in the process of building and expanding relationships," concluded Mr. Rivel.
  9. [verwijderd] 5 juli 2010 19:07
    LONDON and RE'EM, Israel, June 16, 2010 /PRNewswire-FirstCall/ -- BT's Media & Broadcast division and RRsat Global Communications Network Ltd (RRsat) announced today a five year strategic alliance. The alliance will enable their customers to benefit from high quality broadcast services over a deeper global reach - as well as being a catalyst to facilitate both companies growth in their global media businesses.

    The alliance will combine RRsat's world-class capabilities in content management and global distribution services to the television and radio broadcasting industries over satellite, fibre and IP with BT's Global Media Network and existing satellite portfolio.

    RRsat will gain access to BT's media switch in London linking in to its Global Media Network, satellite services and offering dedicated bandwidth for short-term event coverage, while BT's media customers will benefit from the RRsat Global Network which offers extensive distribution coverage currently provided to more than 550 channels using over 50 satellite platforms in more than 150 countries.

    Each company has agreed to bring between GBP5-GBP10million of additional business to the other party.

    BT Wholesale's Media & Broadcast director of global sales & marketing, Mark Wilson-Dunn, said: "This is an important step towards the formation of a global ecosystem to support the creation, movement and monetisation of content, and we are delighted to be taking that step alongside RRsat."

    David Rivel, founder and CEO of RRsat Global Communications Network, said "Bringing together the energy, culture and capabilities of both parties - and both our high quality service standards - promises exciting new prospects in the global broadcast and satellite market, delivering significant benefits for all our customers."
  10. [verwijderd] 13 november 2010 14:10
    RRSAT PRESENTS THIRD QUARTER 2010 RESULTS
    REVENUES FOR THIRD QUARTER TOTAL $24.7 MILLION
    Third Quarter 2010 Highlights
    ? Revenues for the third quarter increased 2.3% YoY reaching $24.7 million
    ? Gross margins at 23.7% and operating margins totaled 7.4%
    ? Backlog as of September 30, 2010 at $177 million, a $10 million increase from the previous quarter
    ? Fourth quarter revenue guidance of $24 - $26 million
    RE’EM, Israel – November 9, 2010 – RRsat Global Communications Network Ltd. (NASDAQ: RRST), a leading provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, today announced its financial results for the third quarter of 2010.

    Third Quarter 2010 Results:
    Revenues for the third quarter of 2010 totaled $24.7 million, an increase of 2.3% compared with $24.1 million in the third quarter of 2009. The revenues in the quarter were affected by the contract termination of a few customers impacted by the global recession and by the weakened Euro versus the US Dollar, the latter of which lowered revenues by approximately $0.5 million.
    Gross Profit for the third quarter of 2010 totaled $5.8 million representing gross margins of 23.7%, compared with $7.5 million in the third quarter of 2009. The decline is attributed, in part, to “double illumination,” whereby a contract for a satellite is about to end and the Company chooses to temporarily broadcast over two satellites, offering an easy transition period for its customers to seamlessly switch over to the new satellite. This was in addition to unfavorable exchange rate fluctuations.
    Operating income for the third quarter of 2010 totaled $1.8 million, representing operating margins of 7.4%, compared with $4.2 million in the third quarter of 2009. The decline in operating margins was due to the above-mentioned decrease in gross margins and an increase in operating expenses representing the Company’s ongoing strategic investment in strengthening its infrastructure.
    Backlog of signed agreements, as of September 30, 2010, was at $177 million, including $22.7 million of revenues expected to be recognized during the remainder of 2010, compared to a backlog of $167 at the end of the previous quarter. A portion of the backlog increase is attributed to the stronger Euro at the end of the quarter.
    Net income on a GAAP basis for the third quarter of 2010 was $649 thousand compared with $2.9 million in the third quarter of 2009. Adjusted net income was $2.3 million for the quarter, compared with $3.8 million in the third quarter of 2009. Net income per share on a fully diluted basis under US GAAP for the quarter was $0.04, compared to $0.17 in the third quarter of 2009. Adjusted net
    2
    income per share on a fully diluted basis totaled $0.13, compared to $0.22 in the third quarter of 2009.
    Adjusted EBITDA for the third quarter of 2010 totaled $3.6 million, compared with $5.7 million in the third quarter of 2009.
    Cash, cash equivalents and marketable securities as of September 30, 2010 were $36.3 million, compared with $40.8 million as at June 30, 2010. The difference in the cash balance was mainly attributed to a positive operating cash flow of $1.0 million, less $3.3 million investment in capital expenditure and the $2.6 million payment of a dividend in the quarter.
    Guidance for fourth quarter revenue is in the range of $24 - $26 million, which implies a revenue range for 2010 of $100 - $102 million.
    David Rivel, CEO of RRsat commented, "The third quarter was a challenging one for RRsat. Double illumination impacted our bottom line and we anticipate its effect through the first quarter of 2011. Focusing on our plan, we are continuing to develop new business and build strategic relationships at a steady pace. Our partnership with BT has enabled us to launch Sky News HD to viewers throughout the Middle East and Asia. We teamed up with Sm2 to deliver HD content worldwide including the US Open, the PGA Championship, and the 2010 NFL season. In addition, we partnered with Digital Media Centre, one of Europe’s most advanced digital media facility, to further expand our global services.
    Rivel continued, “In the coming quarters we intend to remain focused on business fundamentals, growth and profitability, and in line with our strategy, pursue the industry’s leading players.”
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