Pre-Session Views

*Key fundamental views for today*    

• Strategy| Macro noise is bullish EGP and step in CSAG + EGAL on Red Sea traffic recovery and aluminum price rally. 
• Macro| Remittances go the extra mile in Feb- positive for USD
• COMI 1Q25| on track to meet full year estimates, supported by controlled operating expenses and reduction in provisions. 
• ETEL| starts 2025 robustly despite debt burden, price performance lacks catalyst despite upside potential of 45% from current levels.

• RMDA| A strong volume growth and portfolio repricing set RMDA on solid FY25 path 
• CCAP| capital increase postponed till year end 

• ECAP’s 4Q| impacted by rising cost and competition
• POUL| Record revenues and strong margins on seasonal demand