100

Aero/Defense

TOPO

Propensions (en %)Hausse 100%Neutre 0%Baisse 0%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
101	Thales	165.8	+++++	+++++	+++++	Neutre		*	21.2 X	2.1%	+++++	++++	+++	+++	-	+	+	HO	BIG
90	LISI	25.60	+++++	+++++	++++	Neutre			17.7 X	1.3%	++++	+	-	++++	- - - -	- - - -	- - -	FII	Small
88	Kongsberg	831.9	+++++	+++++	+++++	Neutre		*	28.9 X	1.7%	+++++	- - - - -	++++	+++++	Neutre	+++	++++	KOG	MID
87	Raytheon	102.5	+++++	+++++	+++++	Neutre			23.8 X	2.3%	Neutre	++++	- - - -	+++++	-	- -	- - -	RTX	BIG
87	BAE	1?387.5	+++++	+++++	+++++	Neutre			20.1 X	2.3%	+	- - - - -	- - -	++++	- -	++	- -	BA	BIG
85	Rolls-Royce	425.2	+++++	+++++	+++++	-			27.1 X	0.4%	- - - - -	+++	- - - - -	++++	Neutre	- -	+++	RR	BIG
85	Dassault Aviation	206.5	+++++	+++++	++++	Neutre		*	18.6 X	1.7%	+++++	- - - -	++	- - - - -	+	Neutre	+++++	AM	BIG
82	MTU Aero	232.6	+++++	++++	++++	Neutre			20.0 X	1.7%	++++	- - -	- - -	+++++	- -	++	++	MTX	MID
79	Safran	212.9	++++	+++++	++++	Neutre			29.7 X	0.7%	- - -	+	++	+++++	+	++	++++	SAF	BIG
78	Hensoldt	37.80	++++	++++	++++	-			32.7 X	1.2%	++++	- - - -	++	+++++	- -	+	- -	HAG	MID
77	Rheinmetall	537.6	++++	+++++	++++	-		*	25.2 X	1.1%	+++++	+++++	+++++	+++++	-	+++	+++	RHM	BIG
68	Leonardo	22.30	++++	++++	++++	-			16.5 X	0.7%	Neutre	Neutre	-	- -	- - -	- - -	+	LDO	MID
60	Airbus	162.5	++++	+++	+++	Neutre		*	24.4 X	1.2%	++++	+++++	+++++	+++	- -	+	+++++	AIR	BIG

100

Health Services

TOPO

Propensions (en %)Hausse 100%Neutre 0%Baisse 0%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
89	Sectra	221.7	+++++	+++++	+++++	Neutre		*	81.7 X	0.0%	++		++++	++++	++	++++	++++	SECTB	Small

100

Health-Prod.

TOPO

Propensions (en %)Hausse 100%Neutre 0%Baisse 0%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
99	Detection Tech	15.80	+++++	+++++	+++++	+			26.0 X	1.9%	-		++++		+	++++	+++++	DETEC	Small
30	Bastide Confort M.	20.00	++	Neutre	+	++			11.0 X	1.0%	+++++	- - -	+++	+	- - -	++	- - - - -	BLC	Small

100

Manufacur.

TOPO

Propensions (en %)Hausse 100%Neutre 0%Baisse 0%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
87	Verallia	37.30	+++++	+++++	++++	Neutre		*	9.9 X	5.3%	- - -	- - -	- - -	- - - -	+	++++	- -	VRLA	MID

94

Building Mat.

TOPO

Propensions (en %)Hausse 94%Neutre 0%Baisse 6%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
104	Imerys	35.40	+++++	+++++	+++++	Neutre			10.7 X	4.7%	Neutre	- - -	- - - -	- - - -	- - -	-	- - - -	NK	Small
102	Saint-Gobain	80.20	+++++	+++++	+++++	Neutre			12.4 X	2.8%	Neutre	- - - - -	Neutre	- - - -	- -	-	Neutre	SGO	BIG
101	Rockwool Int'l	2?612.3	+++++	+++++	+++++	Neutre			19.3 X	1.6%	- - -	+++++	+++	- - - -	Neutre	++	+++	ROCKB	MID
92	Wienerberger	35.60	+++++	+++++	+++++	Neutre		* *	7.7 X	3.4%	- -		++++		+	+	-	WIE	Small
89	Kingspan	89.70	+++++	+++++	+++++	Neutre			20.2 X	0.8%	+		+++++		-	+	+	KRX	BIG
88	HeidelbergCem.	98.70	+++++	+++++	+++++	Neutre			9.2 X	3.5%	Neutre		+		-	- - -	- -	HEI	BIG
86	Hornbach	75.00	+++++	+++++	++++	Neutre			6.6 X	3.9%	- -	- - - - -	Neutre	- -	- - - - -	- - - -	- - - - -	HBH	Small
83	Holcim	80.00	+++++	++++	++++	Neutre		*	13.6 X	3.4%	Neutre	++++	- - -	-	++	Neutre	Neutre	LHN	BIG
81	Buzzi	35.20	+++++	++++	++++	Neutre		* * *	8.6 X	1.9%	+		+++		+	Neutre	+++++	BZU	MID
74	Sika AG	276.4	++++	++++	++++	Neutre			32.5 X	1.2%	+++	+++	+++	++	+	+++	-	SIKA	BIG
73	Geberit	552.9	++++	++++	+++	Neutre			32.6 X	2.4%	- - -	-	- - - - -	- - - - -	++++	+++++	+	GEBN	BIG
41	Corticeira	9.70	+++	+++	+	Neutre			16.2 X	3.0%	++		+++		-	Neutre	+	COR	Small
22	CRH	6?492.8	+	++	Neutre	-			15.4 X	1.7%	+++	- - -	++	+	Neutre	+	Neutre	CRH	BIG
17	Vicat	35.60	+	+	-	Neutre			6.5 X	5.7%	- -	-	Neutre	Neutre	- -	- - - -	- - -	VCT	Small
16	Thermador Groupe	84.10	+	+	-	Neutre			12.8 X	3.2%	Neutre	Neutre	++	- -	Neutre	Neutre	+++	THEP	Small
-87	SAMSE	179.5	- - - - -	- - - -	- - - - -	Neutre			10.4 X	6.5%	- - - -	- - - -	-	- - - -	- - - -	- -	- - -	SAMS	Small

83

Media Comm.

TOPO

Propensions (en %)Hausse 83%Neutre 9%Baisse 9%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
117	MFE MediaForEurope	3.80	+++++	+++++	+++++	+			7.9 X	6.2%	- - - - -		- - - - -		-	- - -	- -	MFE	MID
109	Prosus	33.00	+++++	+++++	+++++	+			12.0 X	0.3%	- - - -	++++	+++++	- -	+	+	Neutre	PRX	BIG
107	ProSiebenSat	7.10	+++++	+++++	+++++	Neutre			7.4 X	3.6%	- - - - -	- - -	Neutre	- - - -	- - -	-	- - - -	PSM	Small
107	Modern Times	94.50	+++++	+++++	+++++	+			13.0 X	0.0%	- - - - -		+++		+	- - - - -	+++++	MTGB	Small
107	Atresmedia	4.90	+++++	+++++	+++++	+			8.0 X	10.6%	- - - -		+		+	+++	++	A3M	Small
105	JC Decaux	21.60	+++++	+++++	+++++	+			20.6 X	0.9%	+	+	++	+++	- - -	- - -	-	DEC	MID
103	Stroeer	61.70	+++++	+++++	+++++	Neutre		*	17.5 X	3.8%	++++	- - - - -	- - - -	++++	+	+++	- - -	SAX	Small
100	WPP	827.7	+++++	+++++	+++++	+			9.0 X	4.5%	-		- - - - -		-	++	Neutre	WPP	MID
88	Publicis	106.9	+++++	+++++	+++++	Neutre		* *	17.2 X	3.3%	+++	+	Neutre	+	++	Neutre	++++	PUB	BIG
87	ITV	72.50	+++++	++++	+++++	Neutre			7.1 X	7.0%	- - - -		++++		++	+++	++	ITV	Small
77	Informa	849.9	++++	+++++	++++	Neutre		*	24.8 X	2.2%	-	++++	- - -	+++	+++	-	+	INF	MID
58	Wolters Kluwer	147.3	+++	++++	+++	Neutre		*	26.7 X	1.6%	+++		- - -		+++	+++++	Neutre	WKL	BIG
51	TF1	8.60	+++	+++	+++	Neutre		*	8.0 X	6.0%	++	- - - -	-	- - -	Neutre	-	+++++	TFI	Small
47	Ipsos	64.80	+++	+++	++	Neutre		*	13.0 X	2.0%	+	+	- - -	+	Neutre	Neutre	+++	IPS	Small
46	NRJ Group	7.80	+++	+++	+	Neutre			12.8 X	3.8%	Neutre	- - -	-	-	Neutre	- - - - -	+++++	NRG	Small
28	Pearson	1?009.8	++	++	Neutre	Neutre			16.1 X	2.4%	++++	+++	-	- -	++	- -	++	PSON	MID
18	M6	13.20	+	+	-	Neutre			8.2 X	9.0%	- - - -	- - -	-	- - - -	+++	++	+++++	MMT	Small
12	Reply	127.2	+	++	-	Neutre			20.2 X	0.9%	++++		+++++		Neutre	+++	++++	REY	MID
12	DKSH Holding	61.70	+	+	-	Neutre			20.4 X	3.2%	++		+		- - - - -	-	++++	DKSH	MID
1	Schibsted	321.8	Neutre	+	- -	-			56.5 X	0.9%	- -		++++		-	- - - -	Neutre	SCHA	MID
0	Vivendi	9.90	Neutre	Neutre	- - -	Neutre			17.2 X	2.6%	- - - - -	- -	- - - -	+++++	- - - -	- - - -	- - -	VIV	MID
-19	Walt Disney	105.4	-	Neutre	- -	-			24.7 X	0.6%	+++	+++	Neutre	+	+	-	-	DIS	BIG
-29	Teleperformance	99.50	- -	- -	- -	Neutre			7.9 X	4.1%	++	Neutre	-	+++++	Neutre	++	- - -	TEP	MID

82

Banks

TOPO

Propensions (en %)Hausse 82%Neutre 9%Baisse 9%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
119	Deutsche Bank	16.00	+++++	+++++	+++++	+		* *	8.4 X	1.8%	- - -		+	-	+++	- - - - -	+++++	DBK	BIG
119	Banco Sabadell	1.80	+++++	+++++	+++++	+		* * * * *	6.2 X	6.9%	++		Neutre			- - - -		SAB	MID
116	Commerzbank	14.10	+++++	+++++	+++++	+		* * * * *	8.0 X	3.8%	+++++		Neutre			- - - - -		CBK	BIG
112	HSBC	721.8	+++++	+++++	+++++	+		* *	5.7 X	7.9%	+		Neutre	- - -	+++++	- - -		HSBA	BIG
112	Caixabank	4.90	+++++	+++++	+++++	Neutre		* * * *	8.6 X	6.6%	++		+			- - - -		CABK	BIG
111	Banco Santander	4.70	+++++	+++++	+++++	Neutre		* *	6.4 X	3.1%	+		- -	Neutre	++++	- - - -		SAN	BIG
108	Crédit Agricole	15.30	+++++	+++++	+++++	+		* *	7.8 X	7.3%	-		Neutre	-	++++	- - - - -		ACA	BIG
105	Bankinter	7.60	+++++	+++++	+++++	+		* * * *	8.1 X	6.3%	+++		+			- - -		BKT	MID
104	BNP Paribas	69.70	+++++	+++++	+++++	+		* *	7.3 X	6.9%	+		Neutre	Neutre	++++	- - - -	Neutre	BNP	BIG
103	ING Groep	16.10	+++++	+++++	+++++	+		* *	8.1 X	6.5%	Neutre		Neutre	- - - -	+++++	- - -		INGA	BIG
103	Barclays	210.7	+++++	+++++	+++++	Neutre			4.8 X	5.0%	++		+			- - - -		BARC	BIG
103	Erste Bank	45.70	+++++	+++++	+++++	Neutre		* *	5.8 X	7.3%	- -		-	- - -	+++++	- - -		EBS	BIG
100	The Goldman Sachs	443.7	+++++	+++++	+++++	Neutre			11.3 X	2.7%	- -		Neutre	- - - -	++++	- - - -		GS	BIG
100	Standard Chart.	750.2	+++++	+++++	+++++	+		* *	4.2 X	4.6%	+++++		++	++	++++	- - - -		STAN	BIG
98	Intesa Sanpaolo	3.60	+++++	+++++	+++++	Neutre		*	8.0 X	9.0%	+++++		+			- - - -		ISP	BIG
91	Lloyds Banking	53.70	+++++	+++++	+++++	Neutre			6.3 X	6.0%	- -		Neutre			- - -		LLOY	BIG
90	Bawag Group	58.80	+++++	+++++	+++++	Neutre		* * * *	6.4 X	9.0%	++++		++			- -		BG	MID
82	Mediobanca	13.90	+++++	+++++	++++	Neutre		*	9.7 X	7.4%	Neutre		Neutre			- - - -		MB	MID
77	UniCredit	35.80	++++	+++++	++++	Neutre		* *	6.4 X	5.3%	+++		+++	- - - -	+++++	- - -		UCG	BIG
77	KBC	71.00	++++	+++++	++++	Neutre		* * *	9.6 X	6.9%	+		Neutre			- - -		KBC	BIG
76	Nordnet	199.5	++++	+++++	++++	Neutre		* * * *	17.9 X	3.9%	++++		++++			+		SAVE	MID
73	Banca Mediolanum	10.50	++++	+++++	++++	Neutre			9.4 X	6.2%	++++		++++			Neutre		BMED	MID
58	JP Morgan Chase	191.4	+++	+++	+++	Neutre		*	11.4 X	2.2%	-		++	Neutre	+++++	- -		JPM	BIG
51	Sté Générale	25.00	+++	+++	++	Neutre			5.7 X	4.5%	- -		- -	++	+++	- - - - -		GLE	BIG
45	BBVA	10.30	+++	+++	++	-		*	7.4 X	5.3%	++		Neutre	+++	+++++	- -		BBVA	BIG
18	Enskilda Banken	149.3	+	++	Neutre	Neutre			8.9 X	5.7%	+++		+++			- -		SEBA	BIG
15	Nordea Bank	11.10	+	+	- -	Neutre			8.2 X	8.4%	+++		- - -			- -		NDA F	BIG
12	UBS Group	26.50	+	+	-	Neutre			18.3 X	2.0%	- - - - -		Neutre	+++++	-	- - - -		UBSG	BIG
1	Jyske Bank	546.0	Neutre	+	-	Neutre			8.5 X	0.0%	+++++		++++			- - -		JYSK	MID
-1	Danske Bank	194.0	Neutre	Neutre	- -	Neutre			9.0 X	5.9%	- - -		++			- - - -		DANSKE	BIG
-5	Swedbank	214.5	Neutre	Neutre	- - -	Neutre			7.5 X	6.7%	++++		+++			- -		SWEDA	BIG
-61	DNB	203.0	- - - -	- - -	- - - - -	Neutre			9.4 X	6.3%	+++		+			- - -		DNB	BIG
-95	Raiffeisen Bank	17.20	- - - - -	- - - -	- - - - -	-			2.5 X	3.4%	- - - -		+++			- - - -		RBI	MID
-116	Svenska HndlsBk	96.40	- - - - -	- - - - -	- - - - -	-			7.9 X	8.9%	++		++			- - -		SHBA	BIG

80

Health Care

TOPO

Propensions (en %)Hausse 80%Neutre 0%Baisse 20%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
112	Ontex	9.10	+++++	+++++	+++++	Neutre			14.7 X	0.0%	- - - - -		- - - -		- - - - -	- - - -	- - - -	ONTEX	Small
79	Beiersdorf	145.2	++++	+++++	++++	Neutre			30.7 X	0.7%	+++++	+++++	-	+	Neutre	Neutre	+++++	BEI	BIG
78	Svenska Cellulosa	164.5	++++	++++	++++	Neutre			28.2 X	1.7%	- - - -	-	- -	-	+++	- - - -	-	SCAB	MID
70	Procter Gamble	165.9	++++	++++	+++	Neutre		*	22.8 X	2.4%	++	++++	-	+	+++	+++++	+	PG	BIG
-71	Interparfums	47.50	- - - -	- - -	- - - - -	Neutre			25.3 X	2.5%	Neutre	Neutre	++	+++++	++	+++	++++	ITP	Small

78

Paper / Forest

TOPO

Propensions (en %)Hausse 78%Neutre 0%Baisse 22%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
98	The Navigator	4.30	+++++	+++++	+++++	Neutre			7.6 X	7.3%	- - -		- -		+++	+++	Neutre	NVG	Small
95	Smurfit Kappa	44.50	+++++	+++++	+++++	Neutre			13.3 X	3.6%	-	- - -	Neutre	- - - - -	- -	Neutre	- -	SK3	MID
83	Mondi	1?552.8	+++++	++++	++++	+			15.5 X	4.6%	- - - - -	- - - - -	- -	- - - - -	- - - -	-	-	MNDI	MID
76	DS Smith	358.6	++++	++++	++++	Neutre			8.6 X	5.6%	++		+		- -	Neutre	- -	SMDS	MID
71	Stora Enso	13.00	++++	++++	+++	Neutre			9.6 X	4.8%	- - -		++++		-	- - -	-	STERV	MID
71	UPM-Kymmene	34.20	++++	++++	+++	+		*	9.8 X	5.1%	Neutre		++++		++	+	+	UPM	BIG
55	Holmen	442.8	+++	+++	++	Neutre			16.3 X	2.4%	- - -		++++		+++	- - -	++	HOLMB	MID
-21	SIG Group	18.70	-	-	- - -	Neutre			29.2 X	2.0%	+++		+		Neutre	- -	+	SIGN	MID
-50	Billerud	92.10	- - -	- - -	- - - -	Neutre			19.1 X	2.0%	- - - -	- - - -	- -	- - - -	- - - -	- - - -	Neutre	BILL	Small

75

Distrib. Indust'l

TOPO

Propensions (en %)Hausse 75%Neutre 0%Baisse 25%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
107	Inchcape	797.5	+++++	+++++	+++++	+		* * *	10.0 X	4.1%	+++		+++		- - - -	+++	+	INCH	Small
103	Rexel	27.50	+++++	+++++	+++++	+		*	9.5 X	5.0%	- -	+++	Neutre	-	- - - -	-	- - -	RXL	MID
77	Ferguson	17?642.9	++++	+++++	++++	Neutre		* *	15.1 X	2.3%	Neutre		+++++		- -	+++++	Neutre	FERG	BIG
73	Marr	12.00	++++	++++	+++	Neutre			22.1 X	3.8%	- - -		+		- - - - -	Neutre	- -	MARR	Small
49	Travis Perkins	797.5	+++	+++	+	+			9.9 X	4.0%	- - -		- -		- - -	- - -	- -	TPK	Small
29	Quinetiq Group	362.7	++	++	+	Neutre			12.7 X	2.3%	+++		Neutre	++	-	++	+	QQ.	Small
-71	Tarkett	8.80	- - - -	- - - -	- - - - -	Neutre			23.3 X	0.8%	- - - -	- - - - -	- -	- -	- - - - -	- - - -	- - - -	TKTT	Small
-109	Barco	13.50	- - - - -	- - - - -	- - - - -	-			24.2 X	1.9%	++		++		Neutre	++	+++++	BAR	Small

74

Manufacturing

TOPO

Propensions (en %)Hausse 74%Neutre 9%Baisse 17%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
112	Norma Group	19.50	+++++	+++++	+++++	+			8.3 X	4.0%	- - - -		++		- - -	- -	- - -	NOEJ	Small
112	Wartsila	18.00	+++++	+++++	+++++	+		*	18.2 X	2.3%	+++	- - - - -	++	++++	- -	++	+++	WRT1V	MID
110	Alfa Laval	479.8	+++++	+++++	+++++	+		* * *	27.6 X	1.7%	++++		+++		+	++	+	ALFA	BIG
96	Vidrala	103.7	+++++	+++++	+++++	Neutre		* *	12.4 X	1.5%	+	++++	++++	Neutre	++	+++	Neutre	VID	Small
94	Aalberts	47.00	+++++	+++++	+++++	Neutre			13.5 X	3.2%	- - -	+	Neutre	- - -	Neutre	-	+	AALB	MID
93	Thule Group	318.1	+++++	+++++	+++++	Neutre			25.5 X	3.0%	-	++	+	++	+++	+++	+	THULE	Small
90	Royal Vopak	36.70	+++++	+++++	+++++	Neutre			12.4 X	4.0%	Neutre		Neutre		Neutre	- -	- - - -	VPK	MID
89	De' Longhi	33.10	+++++	+++++	+++++	Neutre			14.3 X	2.8%	+		+++		- - -	-	++++	DLG	MID
83	Trelleborg	406.2	+++++	+++++	++++	Neutre		* * *	15.4 X	2.3%	++		++++		+++	-	+++	TRELB	MID
74	Mersen	37.30	++++	++++	++++	Neutre			9.6 X	3.6%	+	Neutre	Neutre	+	- - -	- - -	- - -	MRN	Small
73	Siemens	182.4	++++	++++	+++	Neutre			17.1 X	2.7%	Neutre	- -	-	Neutre	+	Neutre	- - -	SIE	BIG
70	IMI	1?830.1	++++	++++	++++	Neutre			15.5 X	1.7%	+++		+++++		++	++++	Neutre	IMI	MID
70	Zehnder	56.90	++++	++++	+++	Neutre		* * *	14.8 X	2.6%	++++		+++		- -	+++	++++	ZEHN	Small
68	Hexpol	130.1	++++	++++	+++	Neutre		*	16.0 X	3.3%	Neutre	- -	Neutre	- - - -	++	+++	+++	HPOLB	Small
60	Corning	33.40	++++	+++	+++	Neutre			23.4 X	3.4%	- -	- - -	- - - - -	- - - -	+	-	- -	GLW	BIG
51	Lenzing	32.50	+++	++	++	+			99.9 X	1.8%	- - - - -		- - -		- - - - -	- - - - -	- - - - -	LNZ	Small
20	Smiths Group	1?673.7	+	+	-	Neutre			17.3 X	2.7%	+		+		+	Neutre	++	SMIN	MID
6	Belimo	433.8	Neutre	Neutre	- -	Neutre			41.1 X	2.2%	++++		+		+++	+++++	+++	BEAN	MID
-4	Melrose Ind.	603.8	Neutre	+	- -	-			60.4 X	0.5%	- - -		-		- - - -	- - - -	-	MRO	MID
-31	3M	95.50	- -	- -	- - -	Neutre			11.3 X	5.6%	- -	- - - -	- - - - -	- - - -	- -	Neutre	-	MMM	BIG
-37	Covestro	48.50	- -	- -	- - - -	Neutre			34.1 X	1.3%	- - - - -		++		- - - - -	- - - - -	- -	1COV	MID
-56	Bystronic	428.1	- - -	- - -	- - - -	Neutre			28.7 X	2.4%	- - - -		- - - -		- - - -	- - - -	+++++	BYS	Small
-58	Interpump	42.50	- - -	- - -	- - - -	Neutre			16.6 X	0.8%	-	+	+++	- - -	++	Neutre	++	IP	MID

72

Chemicals

TOPO

Propensions (en %)Hausse 72%Neutre 7%Baisse 21%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
121	Kemira	22.10	+++++	+++++	+++++	++			10.9 X	3.9%	-	- - - -	- -	- - - - -	Neutre	Neutre	+	KEMIRA	Small
120	Solvay	35.50	+++++	+++++	+++++	+		*	7.2 X	10.4%	- - - -	- - -	+++	- - - -	Neutre	-	- - -	SOLB	Small
109	Evonik Ind	20.60	+++++	+++++	+++++	+			19.5 X	6.7%	- - - -	- - -	- -	-	- - - -	- - - -	- - -	EVK	MID
108	Clariant	14.20	+++++	+++++	+++++	+			11.6 X	3.6%	- - -		- - -		- -	Neutre	Neutre	CLN	MID
107	Ems-Chemie	762.5	+++++	+++++	+++++	+		* * *	31.5 X	3.1%	+		+		++++	+++++	+++	EMSN	BIG
94	Johnson Matthey	1?856.7	+++++	+++++	+++++	Neutre			8.1 X	4.7%	+		++		Neutre	Neutre	-	JMAT	MID
91	Novonesis	414.4	+++++	+++++	+++++	Neutre			43.5 X	1.1%	- - -	++	++++	+++++	+++	- -	Neutre	NSIS B	MID
89	Givaudan	4?079.2	+++++	+++++	+++++	Neutre			40.0 X	1.7%	+	- -	- - -	-	++	+++	- -	GIVN	BIG
83	Lanxess	28.30	+++++	++++	++++	+			NS	0.4%	- - - - -	- - - - -	- - -	- - - - -	- - - - -	- - - - -	- - - - -	LXS	Small
76	Syensqo	94.80	++++	++++	++++	+		*	11.0 X	2.1%	++++	- -	Neutre	++	Neutre	-	+	SYENS	MID
76	Umicore	23.00	++++	+++	++++	+			12.6 X	3.1%	- -		+++		++	Neutre	-	UMI	MID
75	Lonza	527.9	++++	++++	++++	-			42.8 X	0.8%	- - - -	Neutre	- - - -	- - -	-	- -	Neutre	LONN	BIG
39	BASF	49.90	++	+++	+	Neutre			14.7 X	7.4%	- - - - -	- -	- - - -	- - - - -	- - - -	- - -	- - -	BAS	BIG
32	Arkema	100.2	++	++	Neutre	Neutre			11.9 X	3.5%	- - -	-	- -	Neutre	- - -	- - -	- -	AKE	MID
29	K+S	14.00	++	++	Neutre	Neutre			24.3 X	6.2%	- - - - -	- - - -	- -	- - - - -	- - - - -	- - - - -	++++	SDF	Small
18	Symrise	104.1	+	++	-	Neutre			33.7 X	1.0%	+++++	++++	+++	Neutre	Neutre	Neutre	-	SY1	MID
18	Verbio Vereini	20.20	+	Neutre	Neutre	+			7.1 X	0.0%	+				+	+++	++++	VBK	Small
16	Air Liquide	186.3	+	++	-	Neutre			27.8 X	1.7%	+++	++	+	-	++	+	Neutre	AI	BIG
15	Fuchs SE	34.20	+	+	-	Neutre			19.3 X	2.5%	++	- - - -	-	- -	-	+++	++++	FPE3	MID
15	Croda Int'l	4?889.2	+	+	-	Neutre			33.0 X	2.4%	- - - - -	++	- - -	- - - - -	+	- -	Neutre	CRDA	MID
12	Flughafen Zürich	190.0	+	+	-	Neutre			18.8 X	2.3%	Neutre	++++	Neutre	Neutre	+++	-	- - -	FHZN	MID
-3	OCI NV	25.40	Neutre	Neutre	- -	Neutre			4.2 X	15.4%	- -		Neutre		+++	+++++	-	OCI	MID
-4	Linde	402.5	Neutre	Neutre	- -	Neutre			31.3 X	1.2%	++	++++	- - - -	Neutre	++++	+++	Neutre	LIN	BIG
-11	Wacker Chemie	104.0	-	-	- -	Neutre			25.0 X	2.8%	- - - -	- - - -	- - - -	- - - - -	- - - -	- - - - -	++	WCH	MID
-32	IMCD Group	148.1	- -	-	- - -	Neutre			22.2 X	1.5%	++		++++		-	++	Neutre	IMCD	MID
-35	Siegfried	857.1	- -	-	- - - -	Neutre			22.6 X	0.5%	++++		++++		+	++	Neutre	SFZN	Small
-51	Brenntag	76.70	- - -	- - -	- - - -	Neutre			14.5 X	2.6%	+	- - - -	+	-	- - - -	+	-	BNR	MID
-85	Akzo Nobel	64.10	- - - - -	- - - - -	- - - - -	Neutre			21.7 X	2.7%	-		- - -		- - -	-	- - -	AKZA	MID
-90	Yara Int'l	321.7	- - - - -	- - - - -	- - - - -	Neutre			12.1 X	1.5%	+++++	- - - - -	- - -	- -	- - - -	+++	- -	YAR	MID

71

Food/Bev/Tob

TOPO

Propensions (en %)Hausse 71%Neutre 6%Baisse 23%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
112	Royal Unibrew	543.8	+++++	+++++	+++++	+			21.9 X	2.5%	Neutre		+++		++	++++	-	RBREW	Small
109	Intl Flavors & Fr.	94.20	+++++	+++++	+++++	+			47.7 X	4.0%	- - - - -	-	- - - -	- - - -	- - -	- - - -	- - - -	IFF	BIG
109	AAK AB	287.2	+++++	+++++	+++++	+			25.4 X	1.4%	++++		++++		- - -	+	-	AAK	MID
103	Corbion	21.50	+++++	+++++	+++++	Neutre			16.3 X	2.2%	+++		+++		- -	++	- - -	CRBN	Small
101	Austevoll Seafood	91.50	+++++	+++++	+++++	Neutre		* *	7.9 X	5.1%	++++		++++		-	- -	+	AUSS	Small
98	Barry Callebaut	1?518.3	+++++	+++++	+++++	+		* *	19.9 X	1.8%	+++		+++		- - -	+	Neutre	BARN	MID
98	Grieg Seafood	75.00	+++++	+++++	+++++	+			9.0 X	3.6%	- -		++++		++++	+	-	GSF	Small
94	Coca-Cola HBC	30.90	+++++	+++++	+++++	Neutre		*	13.0 X	3.3%	++	+++	+++	+	- - -	++	Neutre	EEE	MID
92	LDC	151.0	+++++	+++++	++++	Neutre		*	8.7 X	2.2%	-	+	+++	Neutre	- - - -	Neutre	+++++	LOUP	Small
89	Rational	829.5	+++++	+++++	+++++	Neutre			39.8 X	1.7%	Neutre	-	++	+	+++	+++++	++++	RAA	MID
88	Lotus Bakeries	9?473.6	+++++	+++++	+++++	Neutre		* * *	43.0 X	0.8%	++++		+++++		++	++++	+	LOTB	MID
87	Leroy Seafood	49.40	+++++	+++++	+++++	Neutre		* *	11.1 X	5.2%	Neutre		+++		Neutre	+	+	LSG	Small
86	Glanbia	18.20	+++++	++++	+++++	Neutre		* *	13.0 X	2.5%	+++		+++		- - -	+	Neutre	GL9	MID
84	Ahold Delhaize	29.20	+++++	+++++	++++	Neutre			12.0 X	3.6%	+		+++		- - - -	+	- - -	AD	BIG
81	Tate & Lyle	682.5	+++++	+++++	++++	Neutre			12.9 X	2.7%	+		+++		+	+	+	TATE	Small
70	Britvic	906.6	++++	++++	+++	Neutre		*	15.7 X	3.5%	++++	-	- - - -	++	-	++++	- - -	BVIC	Small
66	Fevertree Drinks	1?137.3	++++	++++	+++	Neutre		*	69.8 X	1.1%	- - - - -		Neutre		-	Neutre	+++++	FEVR	Small
61	Carlsberg	961.5	++++	++++	+++	Neutre			17.3 X	2.9%	+	Neutre	- - - - -	Neutre	+	+++	- -	CARLB	BIG
55	The Coca-Cola	62.70	+++	++++	++	Neutre			22.7 X	3.0%	++	++	-	- - -	++++	+++++	-	KO	BIG
54	Orkla ASA	82.20	+++	+++	++	Neutre			14.7 X	4.0%	+		++		Neutre	+	-	ORK	MID
52	Ebro Foods	16.00	+++	+++	++	Neutre			17.6 X	3.5%	- - -		- -		- - -	- - -	- -	EBRO	Small
48	Heineken	92.80	+++	+++	+	Neutre			19.7 X	2.0%	- -	+	+	Neutre	Neutre	-	- - -	HEIA	BIG
34	Anheuser-B. Inbev	59.10	++	+++	Neutre	Neutre			17.3 X	2.0%	+++++	Neutre	-	++	+++	- - -	- - - -	ABI	BIG
33	Colruyt	42.80	++	+++	Neutre	Neutre			15.0 X	5.2%	- - - - -	++	+	+	- - - - -	Neutre	++	COLR	MID
31	Salmar	671.7	++	++	+	-			18.3 X	2.5%	Neutre		++++		++++	+++	- - -	SALM	MID
31	Imperial Brands	1?858.8	++	++	Neutre	Neutre			5.5 X	8.9%	++		+		+++++	++++	- - -	IMB	BIG
30	Südzucker	13.60	++	++	Neutre	Neutre			6.6 X	4.8%	-		Neutre		- - - -	-	- - -	SZU	Small
28	Davide Campari	9.90	++	++	Neutre	Neutre			27.2 X	0.7%	++++	++	++++	+++	Neutre	Neutre	- - -	CPR	MID
25	Axfood	292.9	++	++	Neutre	Neutre			21.0 X	3.5%	+		+++		- - - -	+++	-	AXFO	MID
24	Kerry	80.90	+	++	-	Neutre			19.8 X	1.4%	Neutre	++++	-	- - -	Neutre	Neutre	Neutre	KRZ	MID
24	Mowi ASA	198.6	+	++	Neutre	Neutre			13.5 X	4.0%	-		++++		+++	+++	+	MOWI	MID
22	Sligro Food	14.40	+	+	Neutre	+			15.5 X	3.6%	-		- - -		- - - - -	- - -	- - -	SLIGR	Small
19	BAT	2?403.7	+	+	-	Neutre			7.8 X	9.8%	Neutre	-	- - - - -	- - -	+++++	Neutre	- - - -	BATS	BIG
13	Origin Enterp	3.30	+	Neutre	-	Neutre			6.9 X	5.0%	- - - - -		++		- - - -	++	+	OIZ	Small
-1	Danone	59.40	Neutre	Neutre	- - -	Neutre			17.3 X	3.5%	+++	Neutre	- - - -	- - -	Neutre	-	- - -	BN	BIG
-2	Rémy Cointreau	96.40	Neutre	Neutre	-	Neutre			24.7 X	2.0%	- - -	-	-	- - - - -	+++	-	-	RCO	MID
-3	Savencia	52.60	Neutre	Neutre	- - -	Neutre			7.9 X	2.4%	+++	+++	Neutre	-	- - - - -	- - - -	- -	SAVE	Small
-11	Bakkafrost	631.1	-	+	- -	-			31.9 X	1.4%	++++		+++		++++	++	+	BAKKA	Small
-18	Laurent-Perrier	120.2	-	-	- - - -	Neutre			12.8 X	1.0%	-	- -	++	- -	++++	- - -	- - -	LPE	Small
-35	Jeronimo Martins	19.70	- -	- -	- -	Neutre			16.9 X	3.1%	Neutre	++++	+++	++++	- - - - -	++	+	JMT	MID
-38	Bonduelle	7.90	- -	- - -	- - -	Neutre			6.1 X	3.5%	- - -	+	-	- - - - -	- - - - -	- - - - -	- - - - -	BON	Small
-40	Pernod-Ricard	148.2	- - -	- -	- - - -	Neutre			16.6 X	3.1%	Neutre	++++	-	- - -	+++	Neutre	- - - -	RI	BIG
-40	Diageo	2?799.6	- - -	- -	- - - -	Neutre			19.7 X	2.7%	-	+++	+++	- - -	++++	++++	- - -	DGE	BIG
-49	Nestlé	93.00	- - -	- - -	- - - -	Neutre			19.9 X	3.2%	Neutre	Neutre	- - - - -	- -	++	++++	- - -	NESN	BIG
-58	Musti	24.30	- - -	- - -	- - - -	Neutre			28.7 X	2.3%	+++	- - -	Neutre	++++	-	+++	-	MUSTI	Small
-83	Kesko	16.20	- - - - -	- - - -	- - - - -	Neutre			14.4 X	6.3%	- - -	- - - -	- - -	- -	- - - -	+	- - -	KESKOB	MID
-103	HelloFresh	6.10	- - - - -	- - - - -	- - - - -	Neutre			68.4 X	0.0%	- - - - -	- - - - -	++	-	- - - - -	- -	- -	HFG	Small
-104	Swedencare	53.70	- - - - -	- - - - -	- - - - -	Neutre			38.6 X	0.4%	+++++		- - - -	+++++	+	- - - - -	-	SECARE	Small

68

Utilities

TOPO

Propensions (en %)Hausse 68%Neutre 16%Baisse 16%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
95	Voltalia	8.50	+++++	+++	+++++	+			38.9 X	0.3%	- - - -	+	- -	+++++	- -	- - - - -	- - - - -	VLTSA	Small
90	Hera	3.50	+++++	+++++	+++++	Neutre			12.1 X	4.5%	-		+	- - - -	- - - - -	- - -	- - - - -	HER	MID
85	EVN	28.90	+++++	++++	++++	+			13.0 X	2.6%	- - - -		++		Neutre	- - - - -	Neutre	EVN	MID
82	Encavis	16.90	+++++	++++	++++	Neutre			47.5 X	0.0%	- - - -	+++	++	- - -	Neutre	- - -	- - - - -	ECV	Small
76	Fortum	13.10	++++	++++	+++	+			6.8 X	8.0%	- -		- - - - -		- - - -	+	++	FORTUM	MID
69	A2A	1.90	++++	+++	+++	+			13.3 X	5.5%	-		++		- - - - -	- - -	- - - - -	A2A	Small
62	Iberdrola	11.90	++++	++++	++	Neutre			13.6 X	4.3%	++++	- -	+++	- - - - -	-	- - -	- - - -	IBE	BIG
59	REDIA Corporacion	16.00	+++	++++	++	Neutre			13.1 X	6.2%	- - -		++		+++++	Neutre	- - - -	RED	MID
58	E.ON	12.90	+++	++++	++	Neutre			11.5 X	4.3%	- - -	+++	- - -	- - - -	- - - -	-	- - - - -	EOAN	BIG
57	National Grid	1?099.1	+++	++++	++	Neutre			13.7 X	5.7%	Neutre		Neutre		++	- - -	- - - - -	NG	BIG
56	SSE	1?777.6	+++	+++	++	+			11.5 X	3.4%	+		+++		++	+	- - - -	SSE	BIG
37	Enel	6.40	++	++	+	Neutre			9.1 X	7.0%	++	+	Neutre	- - - -	- -	Neutre	- - - -	ENEL	BIG
30	Greenvolt Energia	8.30	++	++	+	Neutre			23.8 X	0.0%	+++++		+++++		Neutre	- - -	- - - -	GVOLT	Small
26	ERG	26.30	++	+	Neutre	+			19.3 X	3.4%	Neutre		+		+++++	- -	- - - -	ERG	MID
23	Grenergy Renovables	29.00	+	Neutre	+	+			19.9 X	0.0%	- - - -	+++++	+++++	+++++	+++	- -	- - - - -	GRE	Small
12	RWE	33.00	+	Neutre	Neutre	+			11.3 X	3.1%	- - - - -	- - - - -	-	- - - -	- - - -	- - - -	- - -	RWE	BIG
11	Engie	15.60	+	Neutre	-	Neutre			8.9 X	9.1%	++++	- - - - -	- - - - -	- - - - -	- - -	- - -	- - - - -	ENGI	BIG
10	Terna-Rete	7.60	+	Neutre	- -	Neutre			19.1 X	4.2%	Neutre		+++		+++++	Neutre	- - - -	TRN	MID
9	EDP Renovaveis	13.80	Neutre	Neutre	Neutre	+			27.6 X	0.5%	+		++		+++++	- - -	- - -	EDPR	MID
5	Endesa	17.60	Neutre	Neutre	Neutre	+			12.5 X	5.7%	- - -		- - - -		Neutre	+	- - - -	ELE	BIG
3	Verbund	69.50	Neutre	Neutre	Neutre	+			13.9 X	5.3%	- - - -	- - - -	Neutre	- - - - -	+++	++	Neutre	VER	BIG
-15	Solaria Energia	10.90	-	- -	-	+			16.8 X	0.0%	+++++		+++++		+++++	++	- - - -	SLR	Small
-21	Energiekontor	68.30	-	-	- -	Neutre			21.8 X	1.3%	+++++		+++++		++++	++++	- - -	EKT	Small
-58	EDP Energias Portug	3.60	- - -	- - -	- - - -	Neutre			18.5 X	4.2%	-		-		- - -	- - -	- - - -	EDP	MID
-68	Elia Syst. Operator	97.00	- - - -	- - - -	- - - -	Neutre			24.1 X	1.8%	- -	- - - -	+	++++	Neutre	- - - - -	- - - - -	ELI	MID

67

Pharma

TOPO

Propensions (en %)Hausse 67%Neutre 17%Baisse 17%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
113	AstraZeneca	12?322.8	+++++	+++++	+++++	+		* *	23.3 X	2.2%	+++++	+++++	- -	++++	++++	++++	Neutre	AZN	BIG
112	Lundbeck	34.10	+++++	+++++	+++++	+			9.9 X	2.0%	- - - - -		- - - - -		+++	Neutre	+++	HLUNB	MID
105	Moderna	121.2	+++++	+++++	+++++	+			16.6 X	0.0%	- - - - -		+++	- - - - -	- - - - -	- - - - -	++++	MRNA	BIG
97	UCB	120.7	+++++	+++++	+++++	-			36.3 X	1.5%	- - - -	- -	- -	Neutre	+	- - -	Neutre	UCB	BIG
93	Ipsen	116.9	+++++	+++++	++++	Neutre		*	14.8 X	1.1%	-	- - -	++++	++++	++++	+++	++++	IPN	MID
88	EOG	130.3	+++++	++++	++++	Neutre		*	8.1 X	4.9%	+		+++++		+++++	+++++	++++	EOG	BIG
86	GSK	1?770.2	+++++	+++++	+++++	Neutre		*	12.4 X	3.4%	- - - -	++	+++	- - -	++++	++++	-	GSK	BIG
61	Novo Nordisk	889.9	++++	++++	+++	-		*	37.8 X	1.1%	++++	- -	+++++	+++++	+++++	+++++	+++	NOVOB	BIG
57	Sanofi	93.40	+++	+++	++	Neutre			15.5 X	4.2%	Neutre	-	- -	++	+++	Neutre	++	SAN	BIG
55	Hikma Pharm.	1?967.4	+++	+++	++	Neutre		*	11.5 X	2.6%	+++		++++		+++	+++	Neutre	HIK	MID
50	Amgen	300.6	+++	+++	++	Neutre			24.2 X	3.1%	- -	++++	++	+++++	+++++	++++	- - -	AMGN	BIG
47	Eli Lilly	777.5	+++	+++	++	-			56.3 X	0.6%	+++++	+++++	++++	+++++	++++	+++++	++	LLY	BIG
45	Merck	130.3	+++	+++	++	Neutre		*	16.8 X	2.2%	+++++	+++++	-	++	+++++	+++++	++	MRK	BIG
33	Novartis AG	90.60	++	+++	Neutre	Neutre			18.2 X	3.7%	- - - -	++	- - - - -	- - - -	++++	++++	++	NOVN	BIG
29	Roche	241.6	++	++	Neutre	Neutre			13.7 X	4.1%	+	- - -	Neutre	- - - -	++++	+++++	++	ROG	BIG
16	Merck KG	155.7	+	+	-	Neutre			23.1 X	1.4%	Neutre	++++	-	-	++	Neutre	- -	MRK	BIG
9	Virbac	349.9	Neutre	+	-	Neutre			20.7 X	0.5%	++	+++	++++	+++	Neutre	++	++++	VIRP	Small
7	Recordati	51.00	Neutre	+	- -	Neutre			18.1 X	2.8%	+++		+++		++++	+++++	-	REC	MID
4	Bayer	28.50	Neutre	Neutre	-	+			9.3 X	7.7%	- - - -	Neutre	- - - -	- -	Neutre	-	- - - - -	BAYN	BIG
-8	Pfizer	27.80	Neutre	-	- - -	Neutre			16.4 X	6.4%	- - - - -	- - -	- - -	- - - - -	+++	-	- - -	PFE	BIG
-14	Orion	36.80	-	-	- -	Neutre			22.2 X	4.0%	- - -		Neutre		+++	++++	++++	ORNBV	MID
-54	Boiron	34.00	- - -	- - -	- - -	Neutre			15.5 X	2.4%	++	+	- - -	Neutre	-	- - -	+++++	BOI	Small
-59	Vetoquinol	95.50	- - -	- - -	- - - - -	Neutre			20.2 X	0.9%	-	Neutre	++	Neutre	+	-	+++++	VETO	Small
-72	Johnson & John.	148.5	- - - -	- - - -	- - - - -	Neutre			17.5 X	3.0%	- - - -	++++	++	- - -	++++	+++++	++++	JNJ	BIG

65

Real Estate

TOPO

Propensions (en %)Hausse 65%Neutre 16%Baisse 19%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
120	Altaréa	97.30	+++++	+++++	+++++	++			18.9 X	9.5%	- - - - -		Neutre	- - - - -	- - - - -	- - - - -	- - - - -	ALTA	Small
100	Unibail-Westfield	79.60	+++++	+++++	+++++	Neutre			NS	3.2%	- - - - -	- - - -	- - - - -	+++++	+++++	- - - -	- - - - -	URW	MID
96	LEG Immob.	83.30	+++++	+++++	+++++	+			NS	5.8%	- - - - -	++	- - - - -	Neutre	++	- - - - -	- - - - -	LEG	MID
88	The British Land	419.2	+++++	+++++	++++	+			13.3 X	6.2%	- - -		- - -		+++++	- - - -	- - - - -	BLND	MID
88	Kaufman Broad	31.80	+++++	+++++	++++	+			14.6 X	8.5%	- - - -	- - -	- - -	- - - - -	- - - -	+	+	KOF	Small
84	Immofinanz	23.90	+++++	+++++	++++	Neutre			99.9 X	0.0%	- - - - -		- -		++++	- - - - -	- - - - -	IIA	Small
82	Xior Student Housing	29.90	+++++	++++	++++	+			13.1 X	6.1%	+++		+		+++++	- - - -	- - - - -	XIOR	Small
80	The Berkeley Group	5?116.4	+++++	+++++	++++	Neutre		*	12.6 X	6.4%	- - - -		+++		+++	+	++++	BKG	MID
74	Covivio	48.50	++++	++++	+++	+			NS	8.5%	- - - - -	- - - -	- - - - -	- - - -	++	- - - -	- - - - -	COV	MID
71	Land Securities	693.0	++++	++++	+++	Neutre			12.6 X	6.4%	- - -		- - - -		+++++	- - - - -	- - - - -	LAND	MID
67	Vonovia	28.40	++++	++++	+++	Neutre			7.2 X	9.7%	Neutre		Neutre		+++++	- - - -	- - - - -	VNA	BIG
66	Klépierre	25.40	++++	++++	+++	Neutre			12.3 X	7.5%	-	- -	- - - - -	- - -	+++++	- - -	- - - - -	LI	MID
62	Derwent London	2?224.5	++++	+++	+++	+			19.4 X	3.7%	+		- - -		+++++	- - - -	- - - -	DLN	Small
55	Inmobiliara Colonial	5.80	+++	++	+++	+			17.9 X	4.5%	+++		- - -		+++++	- - - -	- - - - -	COL	Small
46	Carmila	16.40	+++	+++	+	Neutre			10.5 X	7.5%	+	- - - -	- - -	- -	+++++	- - -	- - - - -	CARM	Small
31	Persimmon	1?404.4	++	++	Neutre	Neutre			8.1 X	10.0%	- - - -		-		++++	+	+++++	PSN	MID
31	Hufvudstaden	133.0	++	++	Neutre	Neutre			26.7 X	2.0%	-		-		+++++	- - - - -	- - -	HUFVA	Small
30	Gecina	100.5	++	+	+	+			51.9 X	5.4%	- - - - -	- - -	- - - - -	Neutre	+++++	- - - -	- - - - -	GFC	MID
26	Balder	71.40	++	++	Neutre	Neutre			9.2 X	0.0%	++++		+		+++++	- - - - -	- - - - -	BALD B	MID
19	Mercialys	10.60	+	++	Neutre	Neutre			14.3 X	9.2%	- -		- - - - -	-	+++++	Neutre	- - - - -	MERY	Small
10	Bellway	2?673.7	+	+	-	Neutre			13.8 X	3.0%	- - - - -		Neutre		++	Neutre	++++	BWY	Small
8	Castellum	133.6	Neutre	Neutre	- -	Neutre			8.8 X	6.7%	Neutre		+		+++++	- - - - -	- - - - -	CAST	Small
7	Taylor Wimpey	141.3	Neutre	Neutre	- -	Neutre			8.9 X	7.9%	- - - -		+		+++	-	+++++	TW	MID
2	Warehouses De Pauw	26.00	Neutre	Neutre	- -	Neutre			20.7 X	3.9%	+++		+++		+++++	- - -	- - - -	WDP	MID
-2	Swiss Prime Site	86.30	Neutre	Neutre	- - -	Neutre			21.9 X	4.4%	- - - -		Neutre		+++++	- - - -	- - - - -	SPSN	MID
-11	Nexity	11.30	-	-	-	+			NS	0.0%	- - - - -	- - - - -	- - - -	- - - - -	- - - -	- - - - -	- - - - -	NXI	Small
-13	Barratt Dev.	488.2	-	-	-	Neutre			17.5 X	6.9%	- - - - -	- - - - -	- - - -	- - - - -	- - -	- - - -	+++++	BDEV	MID
-27	ICADE	26.30	- -	- -	- -	+			NS	19.4%	- - - - -	- - - - -	- - - - -	- - - - -	- -	- - - -	- - - - -	ICAD	Small
-42	Fabege	91.00	- - -	- - -	- - -	Neutre			19.3 X	3.6%	- - -		-		+++++	- - - - -	- - - - -	FABG	Small
-43	Deut. Euroshop	18.80	- - -	- -	- - - -	Neutre			13.3 X	8.2%	- - -		- - - - -	- -	+++++	- - - -	- - - - -	DEQ	Small
-56	Deutsche Wohnen	18.30	- - -	- - - -	- - -	Neutre			15.5 X	5.2%	- - -		Neutre		+++++	- - - - -	- - - - -	DWNI	MID

65

Machinery

TOPO

Propensions (en %)Hausse 65%Neutre 16%Baisse 19%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
118	Siemens Energy	22.70	+++++	+++++	+++++	+			29.4 X	0.0%	- - - - -	- - - -	- - - - -	++	- - - - -	- - - - -	++++	ENR	BIG
113	Duerr	24.80	+++++	+++++	+++++	+			11.3 X	3.2%	- - - - -		+++		- - - -	Neutre	+	DUE	Small
111	Alstom	16.10	+++++	+++++	+++++	+			29.3 X	2.0%	- - - - -	- - - - -	- - - - -	Neutre	- - - -	- - - - -	- - - -	ALO	MID
105	Nordex	13.80	+++++	+++++	+++++	Neutre			67.0 X	0.0%	- - - - -	+++++	- - - - -	++	- - - - -	- -	++++	NDX1	Small
102	OC Oerlikon	4.70	+++++	+++++	+++++	Neutre			8.5 X	7.5%	- - - -		- - - -		-	- -	- -	OERL	Small
96	Krones	130.9	+++++	+++++	+++++	Neutre		* *	13.9 X	1.7%	++++	- - - -	++	++++	- - -	Neutre	++++	KRN	MID
95	ABB	46.30	+++++	+++++	+++++	Neutre		*	22.4 X	2.2%	-	+++	+++	Neutre	+	++++	+++	ABBN	BIG
89	The Weir Group	2?097.7	+++++	+++++	+++++	Neutre			19.7 X	1.9%	+++	- - -	+	-	+	++	Neutre	WEIR	MID
86	Metso Outotec	11.30	+++++	+++++	+++++	Neutre		* * *	16.6 X	3.0%	+++++		+++		Neutre	++++	++	MOCOR	MID
85	FLSmidth & Co	364.6	+++++	+++++	+++++	Neutre			22.1 X	1.1%	Neutre	- - -	+	- - - - -	- - - -	- - -	+++	FLS	Small
85	Konecranes	53.10	+++++	+++++	+++++	Neutre		*	13.3 X	2.7%	+	- - - -	+++	Neutre	- -	+	+	KCR	MID
79	Kone	48.10	++++	+++++	++++	Neutre		* *	29.3 X	3.5%	-		- - -		Neutre	++++	++++	KNEBV	BIG
73	Epiroc AB	213.7	++++	++++	+++	Neutre		* *	25.9 X	1.8%	++		+++++		+++	+++++	+++	EPIA	BIG
67	Husqvarna	88.10	++++	++++	+++	Neutre			16.5 X	3.5%	+		++++		- - -	-	- -	HUSQB	MID
64	Manitou	24.80	++++	++++	+++	Neutre		*	7.5 X	5.3%	- - -	- -	+++	- -	- - - -	-	- -	MTU	Small
38	Schindler	229.7	++	+++	+	Neutre			29.4 X	2.0%	- -		++		- - -	+	+++++	SCHP	BIG
33	Caterpillar	345.8	++	+++	+	-			16.8 X	1.4%	Neutre	Neutre	+++++	- - -	+++	+++++	- -	CAT	BIG
27	Biesse	12.30	++	++	Neutre	Neutre			11.1 X	3.9%	- - - -		+		- - - -	- - -	+++++	BSS	Small
15	GEA Group	37.80	+	+	-	Neutre			15.6 X	2.7%	Neutre	+	++	- -	-	+	++++	G1A	MID
11	Sandvik	231.9	+	+	-	Neutre			18.3 X	2.5%	-	+++++	+	- - -	++	++	Neutre	SAND	BIG
8	Interroll Hldg	2?828.1	Neutre	+	-	Neutre			31.7 X	1.1%	+++		++++		+	++++	++++	INRN	Small
4	Bucher Ind.	375.6	Neutre	+	- -	Neutre			13.7 X	2.9%	Neutre		+++		Neutre	+++	+++++	BUCN	MID
0	Hexagon	121.4	Neutre	Neutre	- - -	Neutre			24.9 X	1.3%	++++	++++	Neutre	+	++++	Neutre	+++	HEXAB	BIG
-5	Vestas Wind	190.3	Neutre	Neutre	- - -	Neutre			40.8 X	0.3%	- - -	++++	- - - - -	++++	- - - -	-	+++	VWS	BIG
-9	Kion Group	44.90	Neutre	+	-	-			15.7 X	1.5%	- - -	+	-	- - -	- - - -	- - - -	+	KGX	MID
-11	Pfeiffer Vacuum	153.7	-	-	- - - -	Neutre			16.7 X	0.1%	+++		- -	+	-	Neutre	+++	PFV	Small
-19	Atlas Copco	173.3	-	-	- - -	Neutre			32.1 X	1.5%	+++		+++++		+++	+++++	++	ATCO A	BIG
-73	Schweiter Tech.	441.4	- - - -	- - - -	- - - - -	Neutre			19.7 X	5.9%	- - -		-		- - - -	- - -	+++++	SWTQ	Small
-80	Andritz	53.50	- - - - -	- - -	- - - - -	-			11.9 X	3.7%	+++		++++		- - -	++	+++++	ANDR	MID
-96	Spirax Sarco	9?168.9	- - - - -	- - - - -	- - - - -	-			28.4 X	1.4%	+++		++++		+++	++++	+	SPX	MID
-108	BE Semiconductor	126.2	- - - - -	- - - - -	- - - - -	-			46.0 X	1.4%	Neutre	+++++	- - - - -	+++++	+++++	+++++	++++	BESI	MID

65

Financials

TOPO

Propensions (en %)Hausse 65%Neutre 8%Baisse 27%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
101	Amundi	69.40	+++++	+++++	+++++	Neutre		* *	11.2 X	6.0%	+	Neutre	- -	+	+++++	- -	+	AMUN	MID
95	Hargreaves Lansd.	822.7	+++++	+++++	+++++	Neutre		*	13.5 X	5.3%	+		Neutre		+++++	+++++	+++++	HL	MID
91	Eurazéo	86.30	+++++	+++++	+++++	Neutre		* *	10.3 X	3.0%	+++	+++++	++	- - - - -	+++++	- - -	++	RF	MID
91	Swissquote	264.4	+++++	+++++	+++++	Neutre		* * *	13.5 X	1.8%	++++	+++++	+++++	+++++	+++++	++++	+++++	SQN	MID
88	American Express	234.3	+++++	+++++	+++++	Neutre		*	17.3 X	1.1%	+++		++++	++++	+++	+		AXP	BIG
88	Neoen	30.60	+++++	+++++	++++	+			50.9 X	0.5%	- - - -	- - -	- -	+++++	+	- - - - -	- - - - -	NEOEN	MID
81	Julius Baer	52.40	+++++	+++++	++++	Neutre		* * * *	10.7 X	4.8%	+++		++		+++++	-		BAER	MID
75	Paypal	65.80	++++	++++	+++	Neutre			17.2 X	0.0%	- -	++++	+++	+++	++++	++	++++	PYPL	BIG
48	Peugeot Inv.	111.1	+++	+++	++	Neutre			11.4 X	3.1%	- - -		- - - - -	- - -	+++++	- - - -	- - - -	PEUG	Small
42	Close Brothers	470.7	+++	+	++	+		*	7.8 X	7.2%	-		+		+	- - - -		CBG	Small
40	Wavestone	58.70	+++	++	+	Neutre		*	15.6 X	0.7%	+++++	+++++	++++	+++++	Neutre	++++	+++	WAVE	MID
37	Azimut Holding	25.70	++	+++	+	Neutre		*	7.3 X	6.0%	+	- - -	++++	-	+++++	+++	+++++	AZM	Small
37	Euronext	85.90	++	+++	+	Neutre			15.9 X	2.9%	++	- - -	Neutre	++	+++++	- - -	-	ENX	MID
36	EQT AB	312.0	++	++	++	-			27.3 X	1.2%	Neutre	+++++	- - - - -	+++++	+++++	+++	+++++	EQT	BIG
15	Partners Group Hldg	1?240.4	+	++	-	Neutre			20.6 X	4.3%	++++		++++		+++++	+++++	++++	PGHN	BIG
14	Visa	276.4	+	+	- -	Neutre			25.2 X	0.8%	+++	++++	++	++++	+++++	+++++	++++	V	BIG
12	London Stck Exch	9?235.0	+	+	- -	Neutre			25.7 X	1.3%	++++		++++		++++	- - - -	Neutre	LSEG	BIG
8	Deutsche Boerse	186.9	Neutre	+	- -	Neutre			18.2 X	2.1%	+	- - - - -	++++	+++++	+++++	- -	-	DB1	BIG
8	Vontobel Hldg	53.70	Neutre	Neutre	- -	Neutre			13.4 X	5.0%	+		+		++++	- -		VONN	Small
-17	Mastercard	453.1	-	Neutre	- - -	Neutre			31.0 X	0.5%	++++	- -	++++	++++	+++++	+++++	+++	MA	BIG
-23	Blackrock	780.8	-	-	- - - -	Neutre			18.4 X	2.6%	+++	+++++	- -	+++	+++++	Neutre	++++	BLK	BIG
-56	Grenkeleasing	22.50	- - -	- - -	- - - - -	Neutre			14.8 X	1.9%	- - -		++		+++	- - - -	- - - - -	GLJ	Small
-77	Nexi	5.80	- - - -	- - - -	- - - -	Neutre			21.2 X	0.0%	+++++	- - -	- -	++	++++	- - - -	- - - -	NEXI	MID
-91	Schroders	363.9	- - - - -	- - - - -	- - - - -	Neutre			13.5 X	4.7%	- - - - -		- - - - -		++++	- -	- - - -	SDR	MID
-97	ANTIN infra.	12.50	- - - - -	- - - - -	- - - - -	Neutre			14.9 X	5.7%	+++++	+++++	-	+++++	+++++	+++++	+++++	ANTIN	Small
-103	Accenture	310.3	- - - - -	- - - - -	- - - - -	Neutre			22.8 X	1.7%	+++	+++	+++	+++	++	++++	++++	ACN	BIG

64

Consumer

TOPO

Propensions (en %)Hausse 64%Neutre 18%Baisse 18%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
120	Philips	24.30	+++++	+++++	+++++	++			26.6 X	4.6%	- - - - -	- - - -	- - - -	- -	- - -	- - -	- - -	PHIA	BIG
99	Henkel	80.80	+++++	+++++	+++++	Neutre			16.3 X	2.7%	-	++++	- - -	- - -	Neutre	-	++++	HEN3	BIG
84	Howden Joinery	894.1	+++++	++++	++++	Neutre		* *	13.4 X	2.9%	+		+++++		++	++++	+	HWDN	MID
54	Currys	62.80	+++	+++	+++	Neutre			4.6 X	7.1%	- - - - -		Neutre		- - - - -	- - - -	- - - -	CURY	Small
38	BIC	66.80	++	+++	+	Neutre			11.2 X	4.2%	++	+++	-	Neutre	+	-	+++++	BB	Small
34	AB Electrolux	97.40	++	++	+	+			39.3 X	3.6%	- - - -		- - -		- - - - -	- - -	- - -	ELUXB	Small
20	SEB	114.4	+	++	-	Neutre			13.0 X	2.3%	++++	- - - -	Neutre	Neutre	- - -	Neutre	- -	SK	MID
1	Huhtamaki	36.90	Neutre	Neutre	- - -	Neutre			12.8 X	3.4%	++		++++		- - -	Neutre	- - -	HUH1V	Small
-9	Moncler	63.80	Neutre	+	- -	-			19.1 X	1.6%	+++++	++++	+++	+++	++++	+++	++++	MONC	BIG
-20	SMCP	2.50	-	- -	-	+			6.3 X	0.0%	- - - -	- -	- -	-	- - - -	- - - - -	- - - - -	SMCP	Small
-54	Reckitt Benck.	4?558.1	- - -	- - -	- - -	Neutre			13.9 X	4.3%	-	+	- - - -	- -	+++	++++	- -	RB.	BIG

63

Metal/Mine/Fab

TOPO

Propensions (en %)Hausse 63%Neutre 5%Baisse 32%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
120	Anglo American	2?677.2	+++++	+++++	+++++	++			9.1 X	4.3%	- - - -	- - - -	Neutre	- - - - -	Neutre	- -	- - -	AAL	BIG
120	Eramet	93.80	+++++	+++++	+++++	+			15.2 X	1.6%	- - - - -	- - - - -	+	- - - - -	- - -	- - -	Neutre	ERA	Small
115	Granges	138.2	+++++	+++++	+++++	+			13.2 X	3.0%	- -		++++		- - - -	- -	- - -	GRNG	Small
109	Boliden	359.6	+++++	+++++	+++++	+			8.4 X	4.7%	Neutre		++++		+++	++++	+++	BOL	MID
93	Antofagasta	2?137.8	+++++	+++++	+++++	Neutre			32.7 X	2.3%	- - -	-	Neutre	- -	Neutre	- - -	++	ANTO	BIG
71	Vallourec	16.40	++++	+++	++++	Neutre		*	6.3 X	0.0%	Neutre	- - - -	- - - - -	- - -	Neutre	+++	++	VK	Small
65	Glencore Xstrata	460.1	++++	+++	+++	+			11.0 X	8.4%	- - - - -	- -	- -	- - - -	- - - -	- -	- - -	GLEN	BIG
60	Norsk Hydro	66.10	++++	+++	+++	+			8.5 X	7.4%	- - -		+		+	Neutre	++	NHY	MID
50	Jacquet Metal S.	19.10	+++	+++	++	Neutre			6.8 X	3.5%	- - - -	+++	Neutre	- - -	- - - -	- - -	-	JCQ	Small
47	Aurubis	69.50	+++	++	++	+			8.8 X	2.1%	- - - -	Neutre	- -	-	- - - - -	- - -	+	NDA	Small
40	Rio Tinto	5?508.2	+++	++	+	+			9.5 X	6.4%	- - -	-	- - -	- - -	++++	++++	+++	RIO	BIG
14	Acerinox	10.20	+	+	- -	Neutre			8.4 X	6.3%	- - - - -	+++++	- -	- - - - -	- - - -	- -	+	ACX	Small
-3	Bekaert	46.20	Neutre	Neutre	- - -	Neutre			8.3 X	3.7%	Neutre		++++		- -	- -	+	BEKB	Small
-23	ThyssenKrupp	4.80	-	- -	- -	+			6.6 X	2.9%	- - - - -	- - - -	- - - - -	- - - - -	- - - - -	- - - - -	+++++	TKA	Small
-39	Tenaris	15.80	- -	-	- - - -	-			7.4 X	3.5%	- - - -	- - - -	+++	- - - - -	+++	+	+++++	TEN	BIG
-44	BHP Billiton	2?280.9	- - -	- - -	- - -	Neutre			6.8 X	8.8%	- - -	- - -	Neutre	- - -	++++	++++	++	BHP	BIG
-54	Voestalpine	25.10	- - -	- - -	- - - -	Neutre			9.6 X	3.5%	+		+		- - -	Neutre	-	VOE	MID
-58	ArcelorMittal	23.70	- - -	- - -	- - - - -	Neutre			5.5 X	2.1%	- - - - -	- - - -	Neutre	- - - - -	- - - -	- - -	Neutre	MT	BIG
-92	Aperam	26.30	- - - - -	- - - - -	- - - - -	Neutre			5.1 X	6.3%	- - - -		++++		- - -	Neutre	++	APAM	Small

63

Oil Services

TOPO

Propensions (en %)Hausse 63%Neutre 13%Baisse 25%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
100	Subsea 7 SA	185.2	+++++	+++++	+++++	Neutre			41.8 X	1.0%	+		-		- - - - -	- - - - -	+++	SUBC	MID
77	TGS Nopec	123.9	++++	+++	++++	Neutre			12.5 X	3.8%	++++		- - -		+++	++	+++	TGS	Small
76	John Wood Group	163.7	++++	+++	+++	+			13.3 X	0.0%	- - - - -		Neutre		- - - -	- - - - -	- - -	WG	Small
71	Saipem	2.10	++++	++++	++++	Neutre			99.9 X	0.0%	- - - - -		- - - - -		- - - - -	- - - - -	Neutre	SPM	MID
71	SBM Offshore	14.40	++++	++++	++++	Neutre			12.3 X	9.6%	- - - -	- - - -	++	- - - - -	Neutre	-	- - - - -	SBMO	Small
5	Schoeller-Bleckm.	42.90	Neutre	Neutre	- -	Neutre			11.1 X	2.2%	++++		+++		+++	+++	++++	SBO	Small
-43	Schlumberger	48.10	- - -	- -	- - - -	Neutre			13.9 X	2.1%	++++	+++	++++	++++	++	+++	+	SLB	BIG
-105	Petrofac	10.50	- - - - -	- - - - -	- - - - -				99.9 X	0.0%	- - - - -		- - - - -		- - - - -	- - - - -	- - - -	PFC	Small

61

Oil & Gas

TOPO

Propensions (en %)Hausse 61%Neutre 17%Baisse 22%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
120	Galp Energia	19.80	+++++	+++++	+++++	+		*	13.6 X	3.4%	- - -	Neutre	++	Neutre	- - -	+	Neutre	GALP	BIG
101	Shell Plc	33.80	+++++	+++++	+++++	Neutre		* *	7.6 X	4.3%	+++	+	-	-	Neutre	Neutre	Neutre	SHELL	BIG
99	Maurel	6.40	+++++	+++++	+++++	+		* *	5.2 X	3.6%	++	- - - -	+++++	- - - -	+++++	++++	++++	MAU	Small
91	OMV	44.70	+++++	+++++	++++	Neutre		* * *	3.8 X	9.9%	-		+++		-	+	+++	OMV	MID
91	TotalEnergies	67.00	+++++	+++++	++++	Neutre		*	6.9 X	4.9%	+++	- - -	+	- - -	Neutre	++++	+	TTE	BIG
86	Rubis	31.60	+++++	++++	+++++	Neutre			9.5 X	6.0%	-	-	Neutre	- -	- - - -	-	- - -	RUI	Small
75	Tullow Oil	34.80	++++	+++	++++	+			1.3 X	0.0%	- -		- - - - -		++++	- -	- - - -	TLW	Small
43	Naturgy Energy	24.20	+++	+	++	+			17.0 X	4.5%	-		- - - - -		- - -	+	- - - -	NTGY	BIG
40	BP	494.1	+++	+++	+	Neutre			8.1 X	3.6%	- -	Neutre	++	- - - - -	-	Neutre	Neutre	BP	BIG
38	Equinor	303.0	++	++	+	+			9.1 X	12.3%	- - - - -	- - - - -	- - - - -	- - - - -	Neutre	++	+++	EQNR	BIG
35	Saras	1.80	++	+++	+	Neutre			2.6 X	12.1%	- - - -		++		- - -	Neutre	+++	SRS	Small
10	ENI	14.80	+	Neutre	-	Neutre			6.3 X	6.6%	+++++	Neutre	+	- - - -	-	Neutre	-	ENI	BIG
7	Repsol SA	14.50	Neutre	+	-	Neutre			4.9 X	5.7%	- - -	-	+++	- - - -	- - -	-	+	REP	BIG
-3	Enagas	14.10	Neutre	-	-	+			15.5 X	9.5%	- - - - -		- -		+++++	- - -	- - - -	ENG	Small
-14	Centrica	133.6	-	-	- -	Neutre			5.0 X	2.8%	-		+++++		- -	++	++++	CNA	MID
-17	SNAM	4.40	-	-	- - -	Neutre			14.9 X	5.6%	Neutre		+		+++++	Neutre	- - - - -	SRG	MID
-23	Aker BP	268.5	-	- -	- -	Neutre			5.2 X	8.4%	++		+++++		+++	++++	+++	AKRBP	MID
-105	Neste Oil	22.00	- - - - -	- - - - -	- - - - -	Neutre			11.9 X	5.4%	- - -	+++	-	- - - - -	- - -	++	Neutre	NESTE	BIG

61

Products BtoB

TOPO

Propensions (en %)Hausse 61%Neutre 0%Baisse 39%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
102	Hexatronic Group	38.90	+++++	+++++	+++++	Neutre			13.2 X	0.2%	+++++		+++++		++	+++++	+	HTRO	Small
95	Beijer	162.2	+++++	+++++	+++++	Neutre			34.5 X	0.8%	- -	+++++	Neutre	+++	-	-	Neutre	BEIJB	MID
90	Diploma	3?797.9	+++++	+++++	++++	Neutre		*	25.1 X	2.0%	++		++		++	++++	Neutre	DPLM	MID
86	AB SKF	238.8	+++++	+++++	+++++	Neutre		*	14.5 X	3.0%	+++	- -	+	- - - -	-	Neutre	+	SKFB	MID
83	Dorma+Kaba	490.9	+++++	+++++	++++	Neutre			14.5 X	3.6%	-		-		- - - -	++++	- -	DOKA	Small
79	Viscofan	60.50	++++	+++++	++++	Neutre		* *	19.6 X	3.2%	+++		++		++	++++	+++	VIS	Small
67	Chargeurs	12.60	++++	+++++	+++	Neutre			31.9 X	6.4%	- - - - -	++++	- - - -	- - - - -	- - - - -	- - - - -	- - - -	CRI	Small
53	Assa Abloy	307.2	+++	+++	++	Neutre			20.0 X	1.8%	+++	- - -	+++	+++	+	++	+++	ASSAB	BIG
46	Kardex	243.8	+++	+++	++	Neutre			27.7 X	2.0%	+	-	+++	-	Neutre	++++	+++++	KARN	Small
42	Halma	2?332.8	+++	+++	+	Neutre			27.8 X	1.0%	++		+++		+++	++++	+	HLMA	MID
18	Gerresheimer	102.3	+	++	Neutre	Neutre			23.9 X	1.2%	++++	+++++	+++	++	- - -	- - -	- - -	GXI	Small
-14	Dometic	81.70	-	-	- - -	Neutre			11.0 X	3.2%	- -		++++		- -	- - - -	- - - -	DOM	Small
-15	Spectris	3?418.9	-	-	- -	Neutre			22.1 X	2.1%	+		-		++	++	++++	SXS	MID
-16	Oeneo	10.80	-	-	- -	+			21.8 X	2.6%	- - -	- - -	Neutre	- - - -	Neutre	-	+	SBT	Small
-28	Indutrade	269.0	- -	-	- - - -	-			32.6 X	1.1%	Neutre	+++	+++	Neutre	Neutre	+++	+++	INDT	MID
-57	TFF	42.20	- - -	- - -	- - - - -	Neutre			15.2 X	1.1%	+	+++	+++	++	+	- -	- -	TFF	Small
-74	Semperit	11.60	- - - -	- - - -	- - - -	Neutre			22.6 X	3.1%	- - - - -		++		- - - - -	- - - - -	++++	SEM	Small
-87	Carel Industries	19.00	- - - - -	- - - - -	- - - - -	Neutre			36.5 X	1.0%	+++++		+++++		++	++++	+++	CRL	Small

61

Insurance

TOPO

Propensions (en %)Hausse 61%Neutre 23%Baisse 16%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
106	Storebrand	109.4	+++++	+++++	+++++	+		* * *	11.9 X	4.7%	+++		+		- - -	- - - -		STB	MID
100	Aegon	6.00	+++++	+++++	+++++	Neutre			7.5 X	5.5%	- -		- - - - -	- - - - -	-	- - -		AGN	MID
96	Ageas	44.60	+++++	+++++	+++++	Neutre		* * *	6.9 X	8.1%	Neutre		- - -		- - - - -	- - - -		AGS	MID
96	NN Group	45.20	+++++	+++++	+++++	Neutre		* * * *	6.1 X	8.1%	-		- - - -		+++	- - - -		NN	MID
95	SCOR	31.50	+++++	+++++	+++++	Neutre		*	5.8 X	6.8%	- -		- - - -	- - -	- - - -	- -	- - -	SCR	MID
95	Coface	15.50	+++++	+++++	+++++	Neutre			8.8 X	9.2%	- -		- - -	-	++	- -		COFA	Small
94	ASR Nederland	47.80	+++++	+++++	+++++	Neutre		*	8.7 X	6.2%	- - -		- - - - -	+++	++	- - -		ASRNL	MID
93	Mapfre SA	2.30	+++++	+++++	+++++	Neutre			8.3 X	7.6%	- - -		- -		- - - -	- - -		MAP	MID
89	Allianz	275.5	+++++	+++++	+++++	Neutre		*	10.9 X	4.6%	+++		- - - - -	+	- - -	- -	Neutre	ALV	BIG
86	Generali	24.00	+++++	+++++	+++++	Neutre		*	9.6 X	5.4%	-		- - -	Neutre	- - -	- - -	- - - - -	G I	BIG
82	Unipolsai	8.60	+++++	+++++	++++	-		* * *	5.0 X	7.2%	-		- - -		- - -	- - -		UNI	MID
74	Aviva	483.2	++++	++++	++++	Neutre		* *	8.0 X	7.9%	-		+		- - - -	- - - -		AV	MID
59	Gjensidige Forsikring	183.0	+++	+++	++	+			16.9 X	4.6%	+++		+		+++	++		GJF	MID
50	Swiss Life	642.0	+++	+++	++	Neutre		* *	11.9 X	5.4%	+++		- - - -		- -	- - -		SLHN	BIG
39	Munich Re	427.6	++	+++	+	Neutre		*	10.3 X	3.7%	++++		Neutre	+	- - -	- -	+++	MUV2	BIG
38	Baloise	143.2	++	+++	Neutre	Neutre			10.8 X	5.4%	Neutre		- - -		-	- - -		BALN	MID
34	Admiral	2?743.3	++	+++	Neutre	Neutre			19.1 X	3.8%	+		- - - -	+++++	Neutre	++	+	ADM	MID
25	Talanx	69.30	++	++	Neutre	Neutre			10.5 X	3.2%	+++		- - -	- - - - -	-	++		TLX	BIG
11	AXA	33.30	+	+	-	Neutre			9.0 X	6.3%	++		Neutre	- - - -	- -	- -	- -	CS	BIG
9	Legal & General	247.2	Neutre	Neutre	- -	Neutre			6.8 X	8.5%	+		+++		Neutre	-		LGEN	BIG
8	Helvetia Hldg	123.1	Neutre	Neutre	- -	Neutre			12.5 X	4.7%	Neutre		- - - -		- - -	- - -		HELN	MID
-3	Swiss RE	103.1	Neutre	Neutre	- -	Neutre			9.1 X	6.0%	+++		- - - - -	++++	- -	-	-	SREN	BIG
-4	Travelers	217.4	Neutre	+	- -	-			11.8 X	1.8%	++++	++++	+	++++	-	-	+++	TRV	BIG
-6	Hannover Rück	229.9	Neutre	Neutre	- - -	Neutre			13.6 X	3.1%	++++		- - -	- - - - -	Neutre	Neutre	- -	HNR1	BIG
-6	Direct Line Ins.	183.7	Neutre	Neutre	- -	Neutre			11.6 X	7.8%	- - - -		- - -		- - - -	- -		DLG	Small
-9	Zurich Insurance	453.3	Neutre	Neutre	- - -	Neutre			13.5 X	5.1%	++++		- - - - -	- - - -	Neutre	-	+	ZURN	BIG
-23	ABRDN	153.6	-	- -	- -	+			21.2 X	7.2%	- - - - -		Neutre		++	- - - - -		ABDN	Small
-31	Tryg A/S	141.4	- -	- -	- - - -	Neutre			17.5 X	5.2%	Neutre		- - -	+	+++	-	++	TRYG	MID
-40	Topdanmark	300.7	- - -	- -	- - -	Neutre			19.3 X	7.6%	- - -		- - - -		++	+++		TOP	Small
-43	Prudential	768.4	- - -	- - -	- - -	Neutre			10.5 X	1.7%	- - - -		- - - -		-	-		PRU	BIG
-62	Sampo	38.20	- - - -	- - -	- - - - -	Neutre			16.2 X	5.2%	- -		- - - -		+++	-		SAMPO	BIG

61

Retail

TOPO

Propensions (en %)Hausse 61%Neutre 9%Baisse 30%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
106	A.B.F.	2?697.9	+++++	+++++	+++++	+		* *	13.4 X	2.6%	++		++		- -	Neutre	++++	ABF	BIG
98	Zalando	25.40	+++++	++++	+++++	Neutre			37.6 X	0.0%	- - -	- - - -	+	- -	- - - - -	- - -	+++++	ZAL	MID
89	Next	9?202.0	+++++	+++++	++++	Neutre		*	15.1 X	2.2%	- -	++	+++++	++	++	+++++	-	NXT	MID
85	Jumbo	28.60	+++++	+++++	++++	Neutre		* *	13.3 X	4.5%	++		+++		++++	+++	+++++	BELA	Small
84	Maisons Monde	5.00	+++++	+++	++++	+			5.8 X	2.8%	- - - - -	- - - - -	- -	- - - - -	- - - -	- - - - -	- - - - -	MDM	Small
84	Kingfisher	254.9	+++++	+++++	++++	Neutre			12.3 X	5.0%	- - - -	- - - - -	- -	- - -	- - - -	- - - -	- - -	KGF	MID
76	Avolta AG	36.70	++++	++++	++++	Neutre			20.9 X	0.0%	- - - - -		- - - - -		- - - - -	Neutre	- - -	DUFN	MID
74	Tesco	309.7	++++	+++++	+++	Neutre			11.3 X	4.1%	Neutre	-	- - - -	-	- - - - -	-	- - -	TSCO	BIG
51	Inditex	43.40	+++	+++	++	Neutre		*	23.5 X	3.5%	+	Neutre	+	+++	+++	+++++	+++++	ITX	BIG
48	Marks & Spencer	263.7	+++	+++	+	Neutre			10.4 X	3.3%	- - - -		Neutre		- - - -	- -	- - - -	MKS	MID
38	Pandora	1?125.3	++	+++	+	-			17.6 X	1.4%	+++	-	- - -	++++	+++	+++++	Neutre	PNDORA	MID
37	Hennes & Mauritz	167.3	++	++	+	+			16.4 X	4.3%	+++	- - -	- - - -	Neutre	- -	++++	-	HMB	BIG
36	Fielmann	46.80	++	++	+	+			22.2 X	2.2%	++	- -	+	++++	-	++	++	FIE	MID
36	Ceconomy	2.20	++	+	+	+			8.8 X	7.1%	- - - -	- - - - -	- - - - -	- -	- - - - -	- - -	- - - -	CEC	Small
7	Carrefour	16.10	Neutre	Neutre	- -	Neutre			9.6 X	5.5%	- - - -	- - - -	- -	Neutre	- - - - -	- - -	- - -	CA	MID
6	JD Sport Fashion	118.8	Neutre	Neutre	-	Neutre			9.9 X	7.7%	++	- -	++++	+++	- - -	+++	++	JD/	MID
-14	B&M Val. Retail	532.8	-	-	- - -	Neutre			14.2 X	3.1%	-		+++		-	+++++	Neutre	BME	MID
-55	Galenica	70.90	- - -	- - -	- - - - -	Neutre			20.9 X	3.1%	++		+++		- - -	++	-	GALE	Small
-56	ASOS	352.5	- - -	- - -	- - - -	Neutre			8.2 X	0.0%	- - - - -		+		- - - - -	- - - - -	- -	ASC	Small
-71	The Home Depot	340.3	- - - -	- - -	- - - - -	-			23.2 X	2.3%	- -	++	- - - - -	- - -	+	+++++	-	HD	BIG
-78	Swatch Group	196.6	- - - -	- - - -	- - - - -	Neutre			11.2 X	3.4%	Neutre	++++	-	-	++	- - -	+++++	UHR	MID
-79	McDonald	267.5	- - - -	- - - -	- - - - -	Neutre			24.0 X	8.4%	+		- - - - -	++	+++++	+++++	- - -	MCD	BIG
-97	Domino's Pizza	319.4	- - - - -	- - - - -	- - - - -	Neutre			17.7 X	2.8%	- -	+++++		+	++	Neutre	- -	DOM	Small

59

Engine/Constr.

TOPO

Propensions (en %)Hausse 59%Neutre 5%Baisse 36%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
116	Tecnicas Reunidas	9.70	+++++	+++++	+++++	+			9.3 X	0.0%	++		- - - - -		- - - - -	++++	++++	TRE	Small
102	Arcadis	60.80	+++++	+++++	+++++	Neutre		*	21.4 X	1.4%	+++++	Neutre	+	+++	- -	++++	-	ARCAD	MID
88	Spie	35.90	+++++	+++++	+++++	Neutre		* *	17.0 X	2.5%	+++++	- - - - -	++	++++	- - - -	++	- -	SPIE	MID
86	Bilfinger	45.70	+++++	+++++	+++++	Neutre			15.5 X	3.0%	++++		- -		- - - - -	- - -	++++	GBF	Small
80	Danieli & Co	34.00	+++++	+++++	++++	Neutre			10.9 X	1.0%	- - -	+	++	- -	- - - -	- - -	- - - -	DAN	Small
68	Skanska	191.9	++++	++++	+++	Neutre			13.7 X	3.7%	- - - -	+	++++	-	- - - -	- - -	+++++	SKAB	MID
61	Eiffage	103.6	++++	++++	+++	Neutre		*	9.4 X	4.0%	-	-	+	Neutre	- -	- -	- - - -	FGR	MID
49	Ferrovial	36.10	+++	+++	++	Neutre			54.0 X	2.1%	++	++++	- - - -	+	- - -	- - - - -	- - - -	FER	BIG
42	Technip Energies	22.70	+++	+++	++	Neutre		*	10.9 X	2.5%	++++	- - -	+++	- - -	- -	Neutre	+++++	TE	MID
36	VAT Group	462.3	++	+++	+	Neutre		*	43.9 X	1.7%	Neutre		++++		++++	+++++	+++	VACN	MID
25	Acciona	116.8	++	+	+	+			17.3 X	2.8%	++		+++		- - -	- -	- - - -	ANA	MID
25	Veidekke	111.0	++	++	Neutre	Neutre			13.0 X	7.4%	+		- - - -		- - - -	+++++	+++++	VEI	Small
22	ACS	39.10	+	++	-	Neutre			26.7 X	5.6%	- - - - -	+++	- - - - -	Neutre	- - - - -	-	+++	ACS	MID
9	Stabilus	60.80	Neutre	Neutre	- -	Neutre			12.5 X	3.0%	+++		+++		-	++	++	STM	Small
-16	Hochtief	103.2	-	-	- - -	Neutre			11.9 X	5.1%	- -		Neutre		- - - - -	+++++	++++	HOT	MID
-18	Bouygues	35.40	-	-	- - -	Neutre			11.6 X	5.2%	+	+	-	- -	- - - - -	- - - -	- - -	EN	MID
-21	NCC	132.3	-	Neutre	- - -	-			8.3 X	6.9%	- - -		++		- - - - -	Neutre	-	NCCB	Small
-23	Vinci	113.9	-	-	- - - -	Neutre			13.1 X	4.1%	Neutre	Neutre	++	Neutre	-	Neutre	-	DG	BIG
-37	NIBE Industrier	54.60	- -	- - -	- - -	+			26.3 X	1.4%	- - -	+++++	Neutre	- - -	-	-	- -	NIBEB	MID
-43	Komax Hldg	163.9	- - -	- -	- - - -	Neutre			17.9 X	2.9%	+++++		++		-	+++	+	KOMN	Small
-61	Valmet	24.00	- - - -	- - -	- - - - -	Neutre			13.2 X	4.7%	+++		++++		-	+	++	VALMT	MID
-98	Palfinger	21.30	- - - - -	- - - - -	- - - - -	Neutre			12.0 X	2.5%	++++		+++		- - - -	+	- - -	PAL	Small

58

Services BtoB

TOPO

Propensions (en %)Hausse 58%Neutre 5%Baisse 38%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
101	ALD	7.10	+++++	+++++	+++++	+			5.9 X	7.8%	- - - -	- - -	- - -	+++++	- - - - -	- - - -	- - - - -	ALD	MID
101	Enav	4.00	+++++	+++++	+++++	+			20.3 X	5.0%	Neutre		Neutre		+	- -	Neutre	ENAV	Small
100	Ashtead	5?811.0	+++++	+++++	+++++	Neutre		*	15.6 X	1.5%	+++	+++	+++	+++	+++	+++	- - -	AHT	BIG
93	Synergie	36.00	+++++	+++++	+++++	Neutre		*	9.8 X	2.5%	-		++	- - -	- - - - -	-	+++++	SDG	Small
92	Elis	22.70	+++++	+++++	+++++	Neutre		*	13.5 X	2.2%	+++++	Neutre	Neutre	++	Neutre	-	- - - -	ELIS	MID
91	Sodexo	82.50	+++++	+++++	+++++	Neutre		*	15.6 X	3.6%	+++	Neutre	+++	- - -	- - - -	Neutre	- - -	SW	MID
89	PLUXEE	31.30	+++++	+++++	++++	+		* *	16.6 X	1.2%	+++++	++++	+++++	+++	++++	++	+++++	PLX	MID
84	VusionGroup	154.4	+++++	+++++	++++	Neutre			28.5 X	0.5%	- -	+++++	+++++	+++++	- - -	+++	+++	VU	Small
77	Intertek	5?035.3	++++	+++++	++++	Neutre		*	19.6 X	2.6%	++	++	+++	Neutre	+	+++	Neutre	ITRK	MID
75	Bureau Veritas	28.20	++++	++++	++++	Neutre		*	22.2 X	3.0%	+++	- -	Neutre	+	+	++++	+	BVI	MID
70	Babcock Int'l	528.0	++++	+++++	++++	Neutre			7.3 X	4.5%	- - - -		- - - - -		- - -	+	- - -	BAB	Small
69	Assystem	56.40	++++	++++	++++	Neutre			17.1 X	1.8%	-	- - - -	- -	+++	- - -	- -	+++	ASY	Small
65	Compass	2?287.7	++++	++++	+++	Neutre		* *	23.0 X	2.2%	+++		+++		- - -	+++	+	CPG	BIG
52	Relx	3?440.4	+++	+++	++	Neutre			30.4 X	1.8%	+++	++	- - - -	++	++++	+++++	-	REL	BIG
48	DO & CO	143.6	+++	+++	++	Neutre			13.7 X	2.2%	Neutre		++++		- - - -	-	- - -	DOC	Small
43	Euronav	16.80	+++	+++	+	Neutre			9.0 X	7.4%	+		+		+++++	++++	- - -	EURN	Small
39	Elior	2.60	++	++	+	+			54.2 X	0.7%	- - - - -	- - - - -	- - - - -	+++++	- - - - -	- - - - -	- - - - -	ELIOR	Small
34	Groupe Crit	74.70	++	+++	Neutre	Neutre			11.7 X	1.7%	-		Neutre	-	- - - -	- -	+++++	CEN	Small
26	Experian	3?401.0	++	++	Neutre	Neutre			27.6 X	1.4%	++	+++	++++	++	+++	++++	+	EXPN	BIG
23	DCC PLC	5?767.2	+	++	-	Neutre			9.6 X	4.4%	+		Neutre		- - - - -	Neutre	Neutre	DCC	MID
20	Sweco	122.0	+	+	Neutre	+			26.4 X	2.1%	+++		+++++		- -	+++	-	SWECB	Small
19	Bunzl	3?163.8	+	+	-	Neutre			18.0 X	2.0%	Neutre		++++		- - -	+++	Neutre	BNZL	MID
12	Securitas	107.4	+	++	-	Neutre			8.0 X	4.6%	Neutre		++++		- - - -	-	- - - -	SECUB	MID
2	ISS A/S	123.6	Neutre	Neutre	- - -	Neutre			11.9 X	2.3%	Neutre		- - -		- - - -	+	- - -	ISS	Small
1	SGS SA	82.40	Neutre	+	- -	Neutre			0.9 X	95.4%	Neutre		- - - - -		+	+++++	-	SGSN	MID
-16	GL Events	19.60	-	Neutre	- - -	Neutre			8.0 X	3.7%	+++	- - - - -	+	+	- - -	- -	- - - -	GLO	Small
-35	Intrum Justitia	28.10	- -	- -	- -				4.0 X	16.5%	- -		- - -		+++	- -	- - - - -	INTRUM	Small
-37	PageGroup	447.7	- -	- -	- - - -	Neutre			12.8 X	5.1%	- -		Neutre		- -	++++	++++	PAGE	Small
-43	Prosegur	1.70	- - -	- - -	- - -	Neutre			9.1 X	7.3%	- - -		- - - -		- - - - -	- -	- - - -	PSG	Small
-50	JDE Peet's	20.40	- - -	- - -	- - -	Neutre			14.9 X	2.6%	Neutre		+		+	- - -	- - -	JDEP	MID
-55	Quadient	18.40	- - -	- - -	- - - -	Neutre			7.1 X	3.0%	+++	-	- - - -	+++++	Neutre	- - - -	- - - -	QDT	Small
-57	Hays PLC	93.80	- - -	- - -	- - - -	Neutre			13.8 X	3.0%	- -		-		- - - - -	+++	++++	HAS	Small
-69	Loomis AB	266.2	- - - -	- - -	- - - - -	Neutre			10.7 X	4.0%	++++		+++++		-	+++	-	LOOMIS	Small
-71	ADYEN	1?225.0	- - - -	- -	- - - - -	- -			54.3 X	0.0%	++++	- - - - -	+++++	+++++	+++++	+++	+++++	ADYEN	BIG
-80	Keywords Studios	1?245.9	- - - - -	- - - -	- - - - -	Neutre			19.2 X	0.1%	++++		+++++		++	+++	++++	KWS	Small
-82	Edenred	47.10	- - - - -	- - - - -	- - - - -	Neutre			21.1 X	2.5%	+++++	+++	- - - - -	+++++	++++	-	++	EDEN	MID
-84	Randstad	47.80	- - - - -	- - - - -	- - - - -	Neutre			10.6 X	6.0%	-		Neutre		- - - -	++	+	RAND	MID
-86	Adecco	32.90	- - - - -	- - - - -	- - - - -	Neutre			14.0 X	7.1%	Neutre	- - -	- - - -	- -	- - - - -	- -	- - - -	ADEN	MID
-104	Siiltronic	75.20	- - - - -	- - - - -	- - - - -	Neutre			16.0 X	1.5%	- - - -	- - - - -	- - - -	- - - - -	Neutre	- - - - -	- - -	WAF	Small
-105	Sixt	78.40	- - - - -	- - - - -	- - - - -	Neutre			14.7 X	3.1%	Neutre		++++		++	Neutre	- - -	SIX2	Small

58

Leisure

TOPO

Propensions (en %)Hausse 58%Neutre 8%Baisse 33%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
120	Fnac Darty	32.40	+++++	+++++	+++++	+			11.4 X	1.6%	- - - -	- - - - -	-	- - -	- - - -	- - - - -	- - -	FNAC	Small
112	Adidas	223.1	+++++	+++++	+++++	Neutre			35.3 X	0.4%	+++++	- -	- - - -	+++	- - - - -	- - - - -	++	ADS	BIG
103	Voyageurs Monde	142.1	+++++	+++++	+++++	Neutre			18.8 X	2.4%	- - -	+	- - -	++	- - -	++	+++++	ALVDM	Small
97	CTS Eventim	84.40	+++++	+++++	+++++	Neutre		* * * *	34.5 X	1.4%	+++++		+++++		Neutre	++++	+++++	EVD	MID
92	Puma	47.10	+++++	++++	+++++	+			17.2 X	2.0%	+		++++	Neutre	- - -	-	++	PUM	MID
89	Melia Hotels	7.60	+++++	+++++	+++++	Neutre			21.6 X	0.0%	- - -		- - - - -		- - - -	Neutre	- - - - -	MEL	Small
62	Pierre & Vacances	1.40	++++	+++	+++	+			13.8 X	0.0%	-	- - - - -	+	Neutre	- - - - -	-	Neutre	VAC	Small
57	Accor	42.10	+++	++++	+++	Neutre			18.4 X	2.4%	Neutre	+++++	- - - -	++	+	-	- -	AC	MID
50	Bénéteau	12.80	+++	+++	+++	Neutre			11.6 X	5.9%	- - - - -	- - - - -	+	- - - - -	- -	- - -	+++++	BEN	Small
42	Cie des Alpes	14.40	+++	+++	+	Neutre			6.5 X	6.7%	- -	-	Neutre	Neutre	- -	- - -	- - - - -	CDA	Small
41	Fila	8.80	+++	++	+	Neutre			11.3 X	2.2%	++++	- - -	Neutre	- - - -	- -	- - -	- - - -	FILA	Small
35	NetFlix	605.7	++	+++	+	-			30.8 X	0.0%	+++++	- -	+++	+++++	+++	+++++	++	NFLX	BIG
24	Technogym	9.30	+	++	Neutre	Neutre			22.3 X	3.0%	++	+++	-	+++	Neutre	+++	+++++	TGYM	Small
11	Kindred	124.3	+	++	Neutre	-			12.8 X	4.0%	+++++	++	+++	+++	++	++++	+++	KINDSDB	Small
3	Trigano	147.3	Neutre	Neutre	- -	Neutre			8.0 X	2.7%	- -	- -	++++	- - -	Neutre	+	+++++	TRI	Small
-8	InterCont'l Hotels	8?007.8	Neutre	+	- -	-			21.2 X	0.9%	- - -	-		++	+++++	+++++	- -	IHG	MID
-12	TUI	6.70	-	Neutre	- - -	Neutre			2.5 X	3.3%	- - - -		- - - - -		- - - - -	+	+	TUI1	Small
-16	Flutter Entertainment	16?092.1	-	Neutre	- -	-			58.2 X	1.0%	+++++	++	- - - - -	++++	- - -	- - - -	- -	FLTR	BIG
-49	Basic Fit	21.60	- - -	- - -	- - -	Neutre			70.4 X	0.0%	Neutre		+		- - - - -	-	- - -	BFIT	Small
-54	Evolution Gaming	1?240.2	- - -	- -	- - - -	-			99.9 X	0.2%	+++++		+++++		+++++	+++++	++++	EVO	BIG
-72	La Française des Jeux	34.30	- - - -	- - -	- - - - -	-			15.9 X	5.1%	-	- - -	++	++++	+++	+++++	+++++	FDJ	MID
-75	NIKE	93.70	- - - -	- - - -	- - - -	Neutre			23.2 X	1.5%	++++	++	- - - -	++	+	+++++	+++	NKE	BIG
-80	Kinepolis	40.00	- - - - -	- - - -	- - - - -	Neutre			19.8 X	2.1%	++++		+		-	+++	- -	KIN	Small
-99	Whitbread	3?001.5	- - - - -	- - - - -	- - - - -	Neutre			19.1 X	2.3%	- -		Neutre		+	- - -	- - - -	WTB	MID

55

Health Serv.

TOPO

Propensions (en %)Hausse 55%Neutre 18%Baisse 27%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
95	Clariane	3.20	+++++	+++++	+++++				4.9 X	17.0%	- - - -	-	- - - -	+	- - -	- - - - -	- - - - -	CLARI	Small
80	Elevance Health	535.2	+++++	+++++	++++	Neutre		*	15.5 X	1.1%	+++++	Neutre	+++	- -	- - -	+++	Neutre	ELV	BIG
67	Fresenius SE	28.20	++++	+++	+++	+			9.2 X	2.6%	- -	- - - - -	-	- - - - -	- -	- - - -	- - - - -	FRE	BIG
54	Fres. Med'l Care	38.40	+++	+++	++	Neutre			15.6 X	2.9%	- - - -		Neutre		- - -	- - - -	- - - -	FME	MID
41	Diasorin	94.40	+++	+++	+	Neutre			19.5 X	1.1%	+		+++++		++++	++	Neutre	DIA	MID
13	Eurofins Scientific	57.30	+	+	- -	Neutre			27.6 X	1.6%	- - - -	Neutre	-	+	-	- - -	- - -	ERF	MID
5	LNA Santé	20.60	Neutre	+	-	Neutre			1.1 X	13.3%	+	+++++	-	++++	- - -	- - - -	- - - - -	LNA	Small
3	Centene	76.20	Neutre	Neutre	- - -	Neutre			12.7 X	0.0%	+++	- - - - -	Neutre	- - - -	- - - - -	-	+++	CNC	BIG
-16	UnitedHealth	501.0	-	-	- -	Neutre			19.9 X	1.4%	++	+++	++++	+++	++	+++	++	UNH	BIG
-38	Redcare Pharma	131.7	- -	-	- - - -	Neutre			NS	0.0%	- - - - -	++++	- - - -	+++++	- - - - -	- - - - -	Neutre	RDC	Small
-80	Humana	325.5	- - - - -	- - - - -	- - - - -	Neutre			21.6 X	0.9%	- - - -	- - - - -	-	+	- - - - -	- -	-	HUM	BIG

55

Electrical

TOPO

Propensions (en %)Hausse 55%Neutre 0%Baisse 45%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
94	Prysmian	53.00	+++++	+++++	+++++	Neutre		*	16.7 X	1.5%	+++++	Neutre	Neutre	- -	- - -	+	++	PRY	MID
89	Nexans	104.9	+++++	+++++	+++++	Neutre			15.2 X	2.4%	++++	- - - - -	+	Neutre	- - - -	Neutre	+++	NEX	MID
89	THK Group	41.80	+++++	+++++	++++	Neutre			15.8 X	3.7%	Neutre		++++		-	++	Neutre	TWEKA	Small
87	Schneider	226.3	+++++	+++++	+++++	Neutre			27.4 X	1.6%	+++	-	++	+	++	++	+	SU	BIG
66	Legrand	99.20	++++	++++	+++	Neutre			22.6 X	2.0%	-	- - - -	+	- -	+++	++	+	LR	BIG
17	Hella Hueck	83.50	+	+	-	Neutre			18.4 X	1.6%	++++		+++		- - -	-	+	HLE	MID
-19	Honeywell	197.0	-	-	- - - -	Neutre			20.5 X	2.1%	+++	+++++	- - -	+	+++	++++	Neutre	HON	BIG
-29	Signify	26.90	- -	- -	- -	Neutre			6.9 X	6.1%	+		+++		- -	+	-	LIGHT	Small
-37	Vitesco Techno	69.20	- -	- - -	- -	Neutre			16.9 X	0.9%	+++++		++		- - - - -	- - -	++++	VTSC	Small
-51	Tecan Group	333.1	- - -	- -	- - - -	-			27.6 X	0.9%	++++		++++		++	Neutre	++++	TECN	MID
-101	Alfen NV	40.10	- - - - -	- - - - -	- - - - -	Neutre			18.0 X	0.0%	- - -	Neutre	+++++	+++++	- -	+++	+++	ALFEN	Small

52

Health Prods

TOPO

Propensions (en %)Hausse 52%Neutre 10%Baisse 38%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
102	Guerbet	37.30	+++++	+++++	+++++	-			16.3 X	1.3%	-	-	- -	+++	- - - -	- - - -	- - - -	GBT	Small
91	Unilever	4?235.5	+++++	+++++	++++	Neutre		*	13.0 X	4.0%	- -	- - -	+	- -	+	++++	- - -	ULVR	BIG
91	Robertet	871.2	+++++	+++++	++++	Neutre			20.8 X	1.0%	+	+	+++	+	+	++	+	RBT	Small
90	Essity -B	278.2	+++++	+++++	++++	Neutre			20.5 X	2.5%	+		++++		- -	+	- - -	ESSITYB	BIG
78	Getinge	235.2	++++	++++	++++	+		* *	21.8 X	1.7%	- -		++++		+	-	+++	GETI B	MID
75	Amplifon	34.00	++++	+++++	++++	Neutre			35.2 X	1.0%	++++	-	++	+++	Neutre	++	- - -	AMP	MID
63	EssilorLuxottica	205.4	++++	++++	+++	Neutre			33.8 X	2.0%	++++	++++	- - -	+	++	- -	+	EL	BIG
45	Ambu	119.1	+++	+++	++	Neutre			80.4 X	0.3%	++	++++	++	++++	- -	- -	+++	AMBU B	MID
21	Grifols	9.60	+	+	+	+			11.6 X	0.9%	-	++	Neutre	+++	- -	- - - - -	- - - - -	GRF	MID
19	QIAGEN	40.30	+	+	-	Neutre			23.2 X	0.0%	- -	Neutre	+	-	++++	Neutre	+++	QIA	MID
18	Stratec Biomed.	43.00	+	+	-	Neutre			17.9 X	1.7%	++++		+++++		++	+++	+++	SBS	Small
6	Elekta AB	79.20	Neutre	Neutre	- -	Neutre			20.3 X	2.9%	++++	- -	Neutre	++++	- -	-	+++	EKTAB	Small
-8	Biomérieux	100.6	Neutre	Neutre	- - -	Neutre			26.9 X	0.8%	+	+++++	+++	++	+	Neutre	++++	BIM	MID
-18	Demant	326.5	-	Neutre	- -	-			25.0 X	0.0%	+++++	- -	++++	Neutre	+++	++++	- -	DEMANT	MID
-24	Sonova	266.0	-	-	- - -	Neutre			24.3 X	1.6%	Neutre	Neutre	Neutre	++	+++	++++	+	SOON	BIG
-42	Coloplast	841.2	- - -	-	- - -	-			35.3 X	2.4%	+	-	-	++++	++++	++++	-	COLOB	BIG
-52	Siemens Healthineers	52.30	- - -	- - -	- - - - -	Neutre			30.8 X	1.7%	++	+++++	-	+	+	-	- - -	SHL	BIG
-54	Smith & Nephew	1?006.3	- - -	- - -	- - - -	Neutre			17.6 X	2.6%	-		++		++	Neutre	-	SN	MID
-65	Embla Medical	29.00	- - - -	- - -	- - - - -	-			24.3 X	0.0%	+++++	+++++	++	++++	- -	- -	- - -	EMBLA	Small
-109	Sartorius Stedim	209.4	- - - - -	- - - - -	- - - - -	-			56.2 X	0.3%	- - - -	- - - -	++++	- - - -	++	Neutre	- - -	DIM	BIG
-109	Straumann	119.8	- - - - -	- - - - -	- - - - -	-			42.1 X	0.6%	- - - - -		- - - - -		++++	++++	++++	STMN	BIG

50

Water/Environ.

TOPO

Propensions (en %)Hausse 50%Neutre 25%Baisse 25%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
53	Waste Mngmnt	210.3	+++	+++	+++	Neutre			29.3 X	1.3%	+++++	+++	++	++	++	++++	- - -	WM	BIG
44	United Utilities	1?093.1	+++	+++	+	Neutre			18.6 X	5.0%	+++		- - - -		- - - - -	- - - - -	- - - - -	UU	MID
27	Pennon Group	708.2	++	+	Neutre	Neutre			14.2 X	6.2%	+++		- - - - -		- - - -	- - - - -	- - - - -	PNN	Small
19	Severn Trent	2?588.2	+	+	-	Neutre			18.1 X	4.5%	++++		- - - -		- -	- - -	- - - - -	SVT	MID
7	Véolia Environn.	29.20	Neutre	Neutre	- - -	Neutre			16.2 X	4.4%	+++++	++	- - -	- -	- - - -	- - -	- - - - -	VIE	BIG
-8	Tomra Systems	139.8	Neutre	+	-	-			40.6 X	1.2%	Neutre	Neutre	Neutre	- - -	-	+	Neutre	TOM	Small
-76	Befesa	29.70	- - - -	- - - -	- - - - -	Neutre			12.7 X	2.7%	- - -	++++	Neutre	+++	- -	- -	- - - -	BFSA	Small
-82	Séché Environn.	103.0	- - - - -	- - - -	- - - - -	Neutre			15.0 X	1.1%	+++	+++	+++	+++	- -	Neutre	- - - -	SCHP	Small

50

Biotech

TOPO

Propensions (en %)Hausse 50%Neutre 0%Baisse 50%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
65	Swed. Orphan Bio	281.8	++++	+++	+++	Neutre			26.2 X	0.0%	++	+++	+	++++	+++	-	-	SOBI	MID
-25	Genmab A/S	2?022.4	- -	-	- - -	Neutre			30.0 X	0.0%	+		+++++		+++++	++++	+++++	GMA	BIG

45

Semicond.

TOPO

Propensions (en %)Hausse 45%Neutre 0%Baisse 55%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
104	ASM Intl	623.4	+++++	+++++	+++++	Neutre			45.9 X	0.4%	- - -	+++	++++	+++	++++	++++	++++	ASM	BIG
92	Qualcomm	179.5	+++++	+++++	+++++	Neutre		* *	19.2 X	1.8%	+++	+	+++++	++++	++++	+++++	++++	QCOM	BIG
77	NVIDIA	904.6	++++	++++	++++	-		* *	38.7 X	0.0%	+++++	+++++	+++++	+++++	+++++	+++++	++++	NVDA	BIG
73	Infineon Tech	36.10	++++	+++	+++	+			17.9 X	1.1%	- - - -	-	++	- - - -	+	+	++	IFX	BIG
30	Melexis	81.90	++	+	+	+			15.1 X	4.9%	- -	+	+++	Neutre	++++	+++++	+++	MELE	Small
-16	ASML	849.2	-	Neutre	- -	-			43.8 X	0.7%	- -	- - -	+++	- - -	++++	+++++	++++	ASML	BIG
-26	AMS-Osram	1.20	- -	- -	- -	+			18.7 X	0.0%	- - - - -		- - - -		- - - -	- - - - -	- - - -	AMS	Small
-76	SOITEC	96.40	- - - -	- - - -	- - - -	Neutre			26.2 X	0.0%	- - -	+++++	+++++	- - - -	+++	+	++++	SOI	Small
-83	STMicro	38.10	- - - - -	- - - -	- - - - -	Neutre			18.0 X	0.6%	- - - - -	- - - - -	++++	- - - - -	+	Neutre	+++++	STM	BIG
-88	X-FAB Silicon	6.60	- - - - -	- - - - -	- - - - -	Neutre			7.3 X	0.0%	- - -	- - - - -	++++	++	Neutre	Neutre	Neutre	XFAB	Small
-123	Intel	30.70	- - - - -	- - - - -	- - - - -	-			62.4 X	1.9%	- - - - -	- - - - -	- -	- - - - -	- - - -	- - - -	- - -	INTC	BIG

43

Transportation

TOPO

Propensions (en %)Hausse 43%Neutre 13%Baisse 43%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
104	Intl Consol Airlines	2.10	+++++	+++++	+++++	+			4.5 X	1.9%	- - - - -	- - - -	+++++	Neutre	- - -	+	- - -	IAG	MID
100	Cargotec	76.70	+++++	+++++	+++++	Neutre			16.1 X	3.1%	- - - -	- -	- -	- - - - -	- -	Neutre	+++	CGCBV	MID
94	Linedata	80.00	+++++	+++++	+++++	Neutre			15.9 X	2.4%	- - -	-	+	Neutre	+++	+++	-	LIN	MID
87	ID Logistics	357.1	+++++	+++++	++++	Neutre			35.0 X	0.0%	++++	- - - - -	++++	++++	- - -	++	- - -	IDL	Small
48	Getlink	16.80	+++	+++	+	Neutre			37.4 X	3.3%	- - - -	- - -	- - -	- - - - -	++++	- - -	- - - -	GET	MID
14	ADP	124.4	+	+	-	Neutre			21.3 X	3.3%	- - -	Neutre	-	+++	Neutre	- - -	- - - -	ADP	MID
13	Bolloré	6.20	+	++	-	Neutre			39.1 X	1.2%	- - - - -	- - -	- -	- - - -	- - - -	- - - - -	-	BOL	BIG
12	Cia De Distribicion	25.50	+	+	-	Neutre			12.6 X	7.5%	- -	Neutre	- -	-	+++	+	- - - - -	LOG	Small
11	Aena	174.4	+	+	- -	Neutre			15.4 X	4.7%	+++	+	Neutre	+++	+++++	+++	- -	AENA	BIG
11	FedEx	260.0	+	+	-	Neutre			14.4 X	1.7%	++++	+++	Neutre	- - -	- - -	+	-	FDX	BIG
7	STEF	124.9	Neutre	+	Neutre	-			9.1 X	3.0%	++	++++	+++	+++	- - - -	Neutre	- - -	STF	Small
1	Gaztransp.Technigaz	133.7	Neutre	+	-	Neutre			16.5 X	3.0%	+++++	+++++	+++++	+++++	+++++	+++++	+++++	GTT	MID
-4	AP Moeller-Maersk	10?131.8	Neutre	-	-	+			9.5 X	4.3%	- -		+		- -	- - -	+++	MAERSK B	BIG
-18	Air France-KLM	10.40	-	- -	-	+			2.4 X	0.0%	- - -	- - - - -	- - - - -	+	- - - -	+	- - -	AF	Small
-46	Bpost	3.40	- - -	- - -	- - -	+			4.3 X	9.5%	- - - -		++++		- - -	+	-	BPOST	Small
-53	Ryanair	19.10	- - -	- -	- - - -	-			9.0 X	1.6%	+++++	++	+++++	++++	+++	++++	+++++	RYA	BIG
-60	EasyJet	516.1	- - - -	- -	- - - - -	-			8.3 X	2.3%	++	- - -	+++	+++	- - - -	Neutre	++++	EZJ	MID
-66	Lufthansa	6.90	- - - -	- - - -	- - - -	Neutre			4.4 X	4.8%	- -	- - -	++	+++	- - - -	Neutre	- -	LHA	MID
-68	Kuehne & Nagel	248.1	- - - -	- - - -	- - - -	Neutre			17.9 X	3.6%	- - - -		+++		- -	++++	++++	KNIN	BIG
-69	Fraport	48.50	- - - -	- - - -	- - - -	Neutre			11.3 X	0.0%	+++	+++	+++	+	-	- - -	- - - - -	FRA	MID
-73	PostNL	1.20	- - - -	- - - -	- - - -	Neutre			8.6 X	11.2%	- - - -		-		- - - - -	+++	- - -	PNL	Small
-89	DHL Group	38.00	- - - - -	- - - - -	- - - - -	Neutre			12.5 X	4.6%	- - - -	- - - -	- -	Neutre	- - - -	Neutre	- - -	DHL	BIG
-102	DSV A/S	1?011.4	- - - - -	- - - - -	- - - - -	Neutre			21.2 X	0.6%	-		+++		- -	++	Neutre	DSV	BIG

40

IT Services

TOPO

Propensions (en %)Hausse 40%Neutre 17%Baisse 43%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
107	Alphabet	171.1	+++++	+++++	+++++	+		* *	22.8 X	0.6%	++++	+++++	+++++	++++	++++	++++	++++	GOOGL	BIG
95	Stillfront	12.10	+++++	++++	+++++	+			7.6 X	0.0%	- -		+++		+++	- - - -	- -	SF	Small
95	Indra Sistemas	20.30	+++++	+++++	+++++	Neutre		* * *	12.4 X	1.5%	+++++	+++	++++	+++	- - -	++	++++	IDR	Small
95	Playtech	492.8	+++++	+++++	+++++	Neutre			13.7 X	0.0%	++		+++		+	-	++	PTEC	Small
85	Amazon	189.0	+++++	+++++	++++	Neutre			41.6 X	0.0%	+++++	+++++	+++++	++++	-	+++	++++	AMZN	BIG
81	Lectra	33.90	+++++	+++++	++++	Neutre			22.2 X	1.3%	++++	- - - -	- - -	+++++	+	-	++++	LSS	Small
79	Esker	184.3	++++	++++	++++	Neutre			51.4 X	0.4%	+++++	Neutre	+++	+++++	Neutre	+++	+++++	ALESK	Small
76	UbiSoft	22.60	++++	++++	++++	+		*	14.0 X	0.0%	+++++	+++	+++	++	Neutre	Neutre	-	UBI	Small
71	Equasens	58.90	++++	+++	+++	+		*	17.8 X	2.0%	+	++	++++	+	++++	+++	++++	EQS	Small
64	Restore	234.7	++++	++++	+++	Neutre			10.3 X	3.1%	- -		- - - - -		+	-	- - -	RST	Small
53	Aubay	42.20	+++	+++	++	Neutre		*	13.5 X	3.2%	+	-	+	-	- -	Neutre	+++++	AUB	Small
51	SAP	176.7	+++	+++	++	Neutre			58.4 X	1.3%	- - - -	- - - -	- -	+++	++	-	++++	SAP	BIG
50	Neurones	46.40	+++	+++	++	Neutre			20.0 X	2.6%	+	+	+	+++	- -	Neutre	+++++	NRO	Small
44	Cancom	29.30	+++	+++	+	Neutre		*	20.1 X	3.5%	- - - -		++		- - - -	- -	+++++	COK	Small
27	Exclusive Networks	20.20	++	++	Neutre	Neutre			25.0 X	1.3%	+++++	- - - -	-	- - - - -	- - -	- -	Neutre	EXN	Small
20	Oracle	117.8	+	++	Neutre	Neutre			26.7 X	1.3%	++++	++++	+++	+++	++++	+++	- - -	ORCL	BIG
13	Microsoft	409.1	+	+	-	Neutre			30.6 X	0.7%	+++	+++++	-	+++++	+++++	+++++	++++	MSFT	BIG
10	Broadcom	1?302.9	+	++	-	-			64.2 X	1.5%	- - - -	+++++	++++	+++++	+++++	+++++	Neutre	AVGO	BIG
4	Amadeus	61.00	Neutre	Neutre	-	Neutre			20.8 X	2.2%	++	+++	++++	++++	++++	++++	+	AMS	BIG
0	Apple	182.0	Neutre	Neutre	- -	Neutre			25.0 X	0.6%	++	+++	++++	++	++++	+++++	++++	AAPL	BIG
0	Nemetschek	84.70	Neutre	Neutre	- -	Neutre			54.2 X	0.5%	+++	+++	++++	++++	++++	++++	+++++	NEM	MID
-1	SAGE	1?200.8	Neutre	Neutre	- - -	Neutre			32.1 X	1.7%	++++	++++	Neutre	++++	+++	++++	++	SGE	MID
-2	Bouvet	61.00	Neutre	Neutre	- - -	Neutre			21.8 X	4.2%	++		+++		Neutre	+++++	++++	BOUV	Small
-9	Cap Gemini	207.9	Neutre	Neutre	- -	-			20.0 X	1.7%	+	- -	+++	- -	Neutre	++	+++	CAP	BIG
-11	Sopra Steria	216.9	-	Neutre	- -	-			12.8 X	2.2%	+++++	++	++	++++	- - -	+++	Neutre	SOP	MID
-21	Logitech Int'l	77.10	-	-	- - -	Neutre			27.4 X	1.2%	Neutre	- - -	+	- - - -	Neutre	++++	Neutre	LOGN	MID
-23	Fortnox	63.90	-	Neutre	- -	-			64.2 X	0.2%	+++++		+++++	+++++	+++++	+++++	++++	FNOX	Small
-24	Infotel	47.60	-	- -	- -	Neutre			15.9 X	4.7%	- -	++	Neutre	-	- -	+	+++++	INF	Small
-33	Meta Platforms	468.5	- -	Neutre	- - -	-			22.0 X	0.0%	+++++	+++	+++++	+++++	+++++	+++++	++++	META	BIG
-45	MoneySupermrkt	231.2	- - -	- - -	- - -	Neutre			17.7 X	4.6%	- - -		- -		++++	+++++	+++	MONY	Small
-52	Salesforce	276.8	- - -	- -	- - - -	-			44.8 X	0.0%	+++++	++++	Neutre	++++	++++	+	++++	CRM	BIG
-55	Worldline	10.70	- - -	- - - -	- - -	+			19.2 X	0.0%	- - - - -	- - - -	- - - -	Neutre	- -	- - - -	- - -	WLN	Small
-58	Atos	2.00	- - -	- - -	- - -				NS	0.0%	- - - - -	- - - - -	- - - - -	- - - -	- - - - -	- - - -	- - - - -	ATO	Small
-63	Cegedim	14.40	- - - -	- - - -	- - - -	Neutre			13.0 X	4.0%	- - -	+	- - - -	++	- - - -	- - - - -	- - -	CGM	Small
-89	Kontron	19.20	- - - - -	- - - - -	- - - - -	Neutre			21.1 X	3.4%	++		+++++		- -	++	+++++	KTN	Small
-91	Axway Software	24.60	- - - - -	- - - - -	- - - - -	Neutre			15.2 X	1.4%	++	+++++	- - - -	- - -	++	- - -	-	AXW	Small
-95	Dassault Syst.	38.40	- - - - -	- - - - -	- - - - -	Neutre			39.6 X	0.6%	++++	++++	+++	+++	++++	+++	++++	DSY	BIG
-101	TietoEvry	18.40	- - - - -	- - - - -	- - - - -	Neutre			11.1 X	5.7%	+		+		-	Neutre	Neutre	TIETO	Small
-105	Alten	119.9	- - - - -	- - - - -	- - - - -	-			13.8 X	1.2%	++++	- -	+++	Neutre	- -	-	++++	ATE	MID
-109	Sinch	21.60	- - - - -	- - - - -	- - - - -	Neutre			60.4 X	0.0%	Neutre	++	- - -	-	- - -	- - - - -	- -	SINCH	Small
-109	Temenos Group	54.40	- - - - -	- - - - -	- - - - -	Neutre			38.3 X	1.4%	Neutre	+++	+++++	+++	+++	++++	Neutre	TEMN	MID
-123	Tomtom	5.50	- - - - -	- - - - -	- - - - -	-			99.9 X	0.0%	- - - - -		- - - - -		- - - - -	- - - - -	Neutre	TOM2	Small

38

Autos+Parts

TOPO

Propensions (en %)Hausse 38%Neutre 33%Baisse 29%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
98	Renault	48.30	+++++	+++++	+++++	Neutre		* *	4.1 X	3.8%	+++++	- -	- - - -	- - -	- - -	- - -	+++++	RNO	MID
94	Michelin	37.30	+++++	+++++	+++++	Neutre		*	10.8 X	3.8%	++++	- - - -	Neutre	- - -	-	Neutre	+	ML	BIG
67	Brembo	12.10	++++	++++	+++	Neutre		*	15.0 X	2.0%	++		++++		Neutre	+	+	BRE	Small
47	Valeo	12.30	+++	++	++	+			6.4 X	4.0%	++++	+	-	+	- - - - -	- - -	- - -	FR	Small
38	Georg Fischer	66.30	++	+++	+	Neutre			18.2 X	2.0%	+++	+++++	- - -	+++++	- - -	++	- - -	GF	MID
31	Merceds Benz	73.00	++	+++	+	-		*	6.2 X	7.2%	- - -	+	++	- - - -	- -	Neutre	+++++	MBG	BIG
29	Cie Automotive	25.90	++	++	Neutre	Neutre			8.9 X	3.4%	+	++	+++++	Neutre	Neutre	++	-	CIE	Small
25	Forvia	14.90	++	+	+	+			7.0 X	2.9%	- - - - -	-	- - - - -	-	- - - - -	- - - -	- - - -	FRVIA	Small
8	Opmobility	11.50	Neutre	Neutre	-	Neutre			8.7 X	3.3%	- -	++	Neutre	-	- - - - -	- - -	- - -	POM	Small
3	Daimler Truck	40.50	Neutre	+	Neutre	-			9.7 X	4.1%	- -	- -	- -	- - -	- - -	Neutre	- - - -	DTG	BIG
2	Volkswagen	134.1	Neutre	+	-	-			4.0 X	7.4%	-	+	Neutre	- - -	- - - -	- - -	+++++	VOW	BIG
-3	CNH Industrial	11.20	Neutre	Neutre	- - -	Neutre			7.9 X	2.8%	+++		++++		Neutre	++++	- - -	CNHI	MID
-6	Nokian Renkaat	8.20	Neutre	Neutre	- - -	Neutre			99.9 X	3.9%	- - - - -		- - -		- - -	- - - -	++	TYRES	Small
-8	Ferrari	373.5	Neutre	+	-	-			49.9 X	0.6%	+++	+++	+++++	+++	++++	+++++	+++	RACE	BIG
-9	AB Volvo	278.0	Neutre	Neutre	- -	-			12.0 X	6.9%	- - -	- -	+++	- - - -	-	+++	+++	VOLVB	BIG
-21	Tesla	177.7	-	- -	-	+			64.8 X	0.0%	- - - -	Neutre	+++++	+++	- -	+	+++++	TSLA	BIG
-31	BMW	101.2	- -	-	- - - -	Neutre			6.6 X	5.4%	- - -	++	Neutre	- -	- - -	- -	+++++	BMW	BIG
-62	Piaggio & C	2.80	- - - -	- - -	- - - - -	Neutre			14.6 X	4.9%	+++++		+		- - -	+++	-	PIA	Small
-82	Akwel	13.60	- - - - -	- - - -	- - - - -	Neutre			8.9 X	3.0%	- - -	-	-	- - -	- - - -	- - - -	- -	AKW	Small
-97	Continental	62.70	- - - - -	- - - - -	- - - - -	Neutre			8.6 X	2.9%	Neutre	++	- - -	-	- - - -	-	-	CON	MID
-106	Stellantis	19.90	- - - - -	- - - -	- - - - -	- -			3.8 X	7.6%	- - -	++	+++	- - - -	-	++	+++++	STLAM	BIG

37

Telco-Internet

TOPO

Propensions (en %)Hausse 37%Neutre 11%Baisse 52%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
110	Tele2	102.6	+++++	+++++	+++++	+			16.0 X	7.9%	- - - -	Neutre	- - - - -	- -	+++	+	- - - -	TEL2B	MID
106	GN Store	200.9	+++++	+++++	+++++	+			18.7 X	0.8%	-		++++		-	+	- - - -	GN	MID
101	Telefonica	4.20	+++++	+++++	+++++	Neutre			11.7 X	8.0%	Neutre	- - - -	- -	- -	- - -	- - - -	- - - - -	TEF	BIG
86	Nokia	3.50	+++++	+++++	++++	Neutre			12.9 X	4.0%	- - -	+++	- - - -	- - - -	- -	- - -	- -	NOKIA	BIG
65	Telenor	125.2	++++	++++	+++	Neutre			16.4 X	8.4%	- - - -		- - - -		Neutre	++	- - - -	TEL	MID
64	Telekom Austria	8.20	++++	++++	+++	Neutre			7.5 X	4.6%	+++		++++		+	++	- -	TKA	MID
26	Royal KPN	3.40	++	++	Neutre	Neutre			17.3 X	4.6%	++		++		++	++	- - -	KPN	MID
25	United Internet	22.90	++	++	Neutre	Neutre			10.3 X	2.4%	Neutre	++++	+++	++++	- - -	- - - -	- - - -	UTDI	MID
17	Rightmove	562.9	+	+	-	Neutre			22.1 X	1.6%	++		-		+++++	+++++	+++	RMV	MID
13	Adevinta ASA	113.9	+	+	- -	Neutre			39.7 X	0.0%	+++++		++++		+	- - - -	++	ADE	MID
7	Freenet AG	25.20	Neutre	Neutre	- -	Neutre			14.7 X	7.4%	Neutre		Neutre		- - - -	Neutre	-	FNTN	Small
6	Ericsson	58.30	Neutre	Neutre	-	Neutre			9.1 X	4.9%	+++		Neutre		- -	Neutre	+++++	ERICB	BIG
-4	Elisa	42.20	Neutre	Neutre	- - -	Neutre			22.1 X	4.2%	+		+		+++	+++++	-	ELISA	MID
-26	TeliaSonera	25.40	- -	-	- - -	Neutre			16.6 X	8.2%	- - - -		- - -		- -	- - -	- - -	TELIA	MID
-28	Telecom Italia	0.20	- -	- -	- -	Neutre			99.9 X	0.0%	- - - - -		- - - -		- - - - -	- - - - -	- - - - -	TIT	MID
-30	Verizon	39.30	- -	-	- - - -	Neutre			9.3 X	6.3%	- -	- - -	++	- - -	+++	+	- - - -	VZ	BIG
-32	Vodafone	67.10	- -	- -	- - - -	Neutre			11.9 X	11.1%	- -	- - - - -	- -	- - - -	- -	- - - - -	- - - -	VOD	BIG
-33	Deut.Telekom	21.60	- -	- -	- - - -	Neutre			12.9 X	3.5%	- - - - -	- -	-	-	+	-	- - - - -	DTE	BIG
-35	NOS SGPS	3.30	- -	- -	- - - -	Neutre			12.3 X	8.1%	- -		- -		+	-	- - - -	NOS	Small
-38	Orange	10.50	- -	- -	- - - -	Neutre			10.3 X	6.7%	- - - -	- - - -	- - -	- - - -	-	- - - -	- - - -	ORA	BIG
-47	Eutelsat	3.70	- - -	- - -	- - -	Neutre			8.5 X	0.0%	- - - - -	- -	- - - - -	+++	-	- - -	- - - - -	ETL	Small
-54	Swisscom	496.7	- - -	- - -	- - - - -	Neutre			18.4 X	3.9%	-		+++		+++	+	- -	SCMN	BIG
-58	1&1 AG	16.20	- - -	- - -	- - - -	Neutre			5.8 X	0.5%	- - - -		++		Neutre	- - - -	- - -	1U1	Small
-62	Cisco	47.40	- - - -	- - -	- - - - -	Neutre			16.2 X	3.3%	Neutre	+++	+++	- - - -	++++	++++	+++++	CSCO	BIG
-72	BT	104.5	- - - -	- - - -	- - - - -	Neutre			7.1 X	5.6%	- - - -		++		Neutre	-	- - - -	BT	MID
-99	Proximus	7.10	- - - - -	- - - - -	- - - - -	Neutre			5.8 X	16.2%	- - - -		Neutre		-	- -	- - - -	PROX	Small
-122	SES	4.70	- - - - -	- - - - -	- - - - -	-			16.2 X	8.5%	- - - - -		- -	- - - -	+	- - - - -	- -	SESG	Small

33

Retail-Luxury

TOPO

Propensions (en %)Hausse 33%Neutre 17%Baisse 50%

Rang Tech.	Actions France & Europe	Cours	Synthèse Technique	Momentums		Accé- léra- tion	Tac- tique	ROBO Analyse	PER (X)	Rendt (%)	Croiss. BPA	Croiss. CFA	Croiss. BKV	Croiss. Ventes	Marge Nette	Rentab. Cap.Inv	Dettes ebitda	Tickers	Capi.
				Absolu	Relatif
31	Tod's	43.00	++	+++	+	-			27.7 X	1.7%	++	-	- -	+	- -	- - - -	- - -	TOD	Small
23	Sanlorenzo	42.50	+	++	-	Neutre			13.9 X	2.1%	+++	Neutre	+++++	++++	Neutre	++++	+++++	SL	Small
17	L'Oréal	447.7	+	+	-	Neutre			33.6 X	1.6%	++	+++	+	+++	+++	++++	+++	OR	BIG
15	Hermès	2?317.9	+	++	Neutre	-			51.0 X	0.7%	+	++++	++++	+++++	+++++	+++++	+++++	RMS	BIG
-1	Vranken Pommery	15.70	Neutre	Neutre	- - -	Neutre			13.2 X	5.5%	Neutre	- - - - -	- -	- -	- - -	- - - - -	- - - - -	VRAP	Small
-3	Cie. Fin. Richemont	133.1	Neutre	+	- -	-			19.2 X	2.4%	++++	- - -	++	+	+++	+++	+++++	CFR	BIG
-15	LVMH	793.0	-	Neutre	- - -	-			24.8 X	1.6%	+	+++++	+++	Neutre	+++	++++	++	MC	BIG
-35	Brunello Cucinelli	96.50	- -	-	- - -	-			52.9 X	0.8%	+++	++++	++++	++++	Neutre	++++	Neutre	BC	MID
-89	Burberry	1?141.0	- - - - -	- - - - -	- - - - -	Neutre			15.7 X	3.1%	+++		++++		+++	++++	+++	BRBY	MID
-103	Salv. Ferragamo	9.50	- - - - -	- - - - -	- - - - -	-			47.4 X	1.3%	- - - - -		Neutre		- - -	- - - -	+++++	SFER	Small
-110	Hugo Boss	47.40	- - - - -	- - - - -	- - - - -	Neutre			12.0 X	2.7%	+++	++	++++	++	-	+++	-	BOSS	Small
-111	Kering	329.0	- - - - -	- - - - -	- - - - -	-			16.5 X	3.7%	- - -	+	++	- - - -	+++	++	-	KER	BIG