1 00:00:02,520 --> 00:00:07,440 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,680 --> 00:00:18,439 Speaker 3: Let's look at some of the socks on the move 5 00:00:18,480 --> 00:00:22,200 Speaker 3: today in Europe. I'm Caroline Hepga with Bloomberg reported claimber Lay, 6 00:00:22,239 --> 00:00:26,040 Speaker 3: Good morning, Chovey. So over the weekend, it looks like 7 00:00:26,200 --> 00:00:28,400 Speaker 3: some m and A interest being. 8 00:00:28,200 --> 00:00:31,880 Speaker 1: Shown in WPP. Yeah, some m and A rumors for WPP. 9 00:00:32,040 --> 00:00:35,040 Speaker 4: So it's reportedly drawing interest from Havass, which is a 10 00:00:35,159 --> 00:00:39,159 Speaker 4: rival advertising agency and also potentially a private equity firm 11 00:00:39,240 --> 00:00:43,120 Speaker 4: KKR as well. So this comes after really a series 12 00:00:43,320 --> 00:00:46,879 Speaker 4: of struggles for the company cut its guidance just a 13 00:00:46,920 --> 00:00:49,040 Speaker 4: few weeks ago. The share price has been on a 14 00:00:49,080 --> 00:00:52,240 Speaker 4: big down spiral for a while, and it also lost 15 00:00:52,520 --> 00:00:54,000 Speaker 4: quite big accounts over the. 16 00:00:53,960 --> 00:00:54,840 Speaker 1: Last few years. 17 00:00:54,880 --> 00:00:58,680 Speaker 4: So it was once the world's largest ad agency globally, 18 00:00:58,720 --> 00:01:00,960 Speaker 4: but it has been a struggling quite a lot. Has 19 00:01:01,000 --> 00:01:04,840 Speaker 4: been underperforming the closest rival Publicist by a wider and 20 00:01:04,959 --> 00:01:08,320 Speaker 4: wider margin over the last two or three years. So 21 00:01:08,480 --> 00:01:10,640 Speaker 4: it's been working on ways to kind of reignite that 22 00:01:10,720 --> 00:01:15,120 Speaker 4: growth and streamline the business, cutting costs across the operations. 23 00:01:15,120 --> 00:01:18,240 Speaker 4: But it seems that, you know, based on the share 24 00:01:18,280 --> 00:01:21,200 Speaker 4: price reaction this morning, that investors might be thinking that 25 00:01:21,280 --> 00:01:23,800 Speaker 4: a deal is actually a better option than that that 26 00:01:23,920 --> 00:01:27,720 Speaker 4: could be actually the right way forward for WPP, given 27 00:01:28,200 --> 00:01:29,720 Speaker 4: all of it's at troubles recently. 28 00:01:30,400 --> 00:01:34,399 Speaker 3: Yeah. Indeed, so that in the advertising world, where you know, 29 00:01:34,520 --> 00:01:38,440 Speaker 3: AI seems to be revolutionizing the way that advertising is 30 00:01:38,480 --> 00:01:43,240 Speaker 3: delivered and made. Also, right, let's think about the defense 31 00:01:43,360 --> 00:01:47,240 Speaker 3: company saab which has seen some recent success. 32 00:01:47,480 --> 00:01:50,280 Speaker 4: Why, Yeah, it's been a really good week for saav actually, 33 00:01:50,280 --> 00:01:53,880 Speaker 4: so it had one a few new contracts recently which 34 00:01:53,880 --> 00:01:56,760 Speaker 4: have been really positive. So the latest is a deals 35 00:01:56,760 --> 00:01:59,680 Speaker 4: to supply Columbia with new fighter jets and that's a 36 00:01:59,720 --> 00:02:01,040 Speaker 4: contra that is worth. 37 00:02:01,040 --> 00:02:02,760 Speaker 1: Three point one billion euros. 38 00:02:03,520 --> 00:02:05,840 Speaker 4: The other major orders that it saw in the last 39 00:02:06,240 --> 00:02:10,919 Speaker 4: week is also an order for rifles from Denmark and 40 00:02:10,919 --> 00:02:14,320 Speaker 4: then an order for electronic sensors from Airbus. 41 00:02:14,639 --> 00:02:17,079 Speaker 1: So this is very encouraging for the company. 42 00:02:17,440 --> 00:02:21,320 Speaker 4: Anisas said that this could make Salabas's strongest strongest quarter 43 00:02:21,360 --> 00:02:24,919 Speaker 4: ever for order intake on the back of those recent contracts, 44 00:02:25,400 --> 00:02:28,600 Speaker 4: and that's kind of all really accelerated recently for SABA, 45 00:02:28,680 --> 00:02:31,480 Speaker 4: with Sweden joining NATO back in March twenty twenty four, 46 00:02:31,720 --> 00:02:35,040 Speaker 4: and then also obviously the broader surgeon military spending and 47 00:02:35,280 --> 00:02:38,520 Speaker 4: in military investments that we've seen across Europe and across 48 00:02:38,560 --> 00:02:42,040 Speaker 4: the world world more generally recently, and obviously SAAB is 49 00:02:42,040 --> 00:02:45,640 Speaker 4: a big beneficiary of that. Last month they had raised 50 00:02:45,760 --> 00:02:48,320 Speaker 4: sales guidance for this year as well, so it seemed 51 00:02:48,320 --> 00:02:51,079 Speaker 4: that it is on a really good and clear trajectory 52 00:02:51,880 --> 00:02:54,560 Speaker 4: and it's that we've seen that reflected in the shares 53 00:02:54,560 --> 00:02:55,000 Speaker 4: this morning. 54 00:02:55,000 --> 00:02:56,079 Speaker 1: They were by quite a. 55 00:02:56,000 --> 00:03:02,480 Speaker 3: Lot, okay, Sweden's SAAB well, from the defense sector to semiconductors, 56 00:03:02,760 --> 00:03:06,600 Speaker 3: some big targets for SUS Microtech, which is involved in 57 00:03:06,639 --> 00:03:07,760 Speaker 3: the semis space. 58 00:03:07,960 --> 00:03:08,160 Speaker 1: Yeah. 59 00:03:08,200 --> 00:03:11,080 Speaker 4: Yeah, it makes a lot of different equipment for the 60 00:03:11,120 --> 00:03:14,920 Speaker 4: semiconductor industry. So in a capital markets day, it unveiled 61 00:03:15,080 --> 00:03:18,680 Speaker 4: in new long term targets for sales and margin and 62 00:03:18,720 --> 00:03:22,440 Speaker 4: profit that investors seem to be quite happy about. So 63 00:03:22,800 --> 00:03:25,160 Speaker 4: that it comes just a couple of weeks after a 64 00:03:25,240 --> 00:03:28,560 Speaker 4: third quarter results for that company that showed really strong 65 00:03:28,960 --> 00:03:32,560 Speaker 4: order momentum. So the outlook looks very very bright. Some 66 00:03:32,639 --> 00:03:36,440 Speaker 4: of the clients include Micron, TSMC, Samsung, so all of 67 00:03:36,440 --> 00:03:40,640 Speaker 4: those companies that are really exposed to the artificial intelligence boom, 68 00:03:40,680 --> 00:03:43,000 Speaker 4: and so that makes Seals micro take very well. 69 00:03:42,880 --> 00:03:44,080 Speaker 1: Position going forward. 70 00:03:44,640 --> 00:03:46,920 Speaker 4: We have seen quite a big gap in that chip 71 00:03:46,960 --> 00:03:50,480 Speaker 4: making sector between those companies that are more exposed to 72 00:03:50,880 --> 00:03:53,600 Speaker 4: this AI infrastructure and those that have been a little 73 00:03:53,640 --> 00:03:57,240 Speaker 4: bit more exposed to the automotive and industrial and markets 74 00:03:57,240 --> 00:04:00,200 Speaker 4: which have obviously been struggling a little bit more. But 75 00:04:00,240 --> 00:04:03,040 Speaker 4: it seems that Sosmicrotic is on the right side of 76 00:04:03,080 --> 00:04:06,960 Speaker 4: this divide, really exposed to this air infrastructure boom, and 77 00:04:07,040 --> 00:04:10,520 Speaker 4: that is being seen in those very positive long term 78 00:04:10,560 --> 00:04:12,200 Speaker 4: targets and in the shap price. 79 00:04:12,320 --> 00:04:13,280 Speaker 1: This morning. 80 00:04:14,440 --> 00:04:18,480 Speaker 2: The Stock Movers Report from Bloomberg Radio. Check back with 81 00:04:18,560 --> 00:04:21,120 Speaker 2: us throughout the day for the latest roundup of companies 82 00:04:21,200 --> 00:04:24,279 Speaker 2: making news on Wall Street and for the latest market 83 00:04:24,320 --> 00:04:28,800 Speaker 2: moving headlines. 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