SECTOR BRIEF · 2026-10-18 · 30-DAY WINDOW

Industrials EU

79 of 1047 eligible companies show qualifying buying. Comparable-cohort trend: contracting; 92 companies have complete purchase values.

7.5%buying breadth

-0.29 ppchange in common cohort

-4.2%median 30-day return

0post-earnings buy events

Europe: qualifying net buying. US: qualifying equity P purchases, without netting sales. Market definitions differ.

Buying participation

79 / 1047 eligible companies show qualifying buying in the window

IndustrialsAll sectors

Historical points use each date’s universe; coverage changes can affect this line. · 2026-09-12 → 2026-10-18 · 24 archived snapshots

Largest purchases in the window

ELISEUR 27.3M

GERARD PERRIER INDUSTRIEEUR 6.0M

Svevik IndustriEUR 4.9M

Viking Supply Ships ABEUR 4.9M

Endúr ASAEUR 4.6M

W5 Solutions ABEUR 4.5M

GL EVENTSEUR 3.3M

DANIELI & C. SPAEUR 2.7M

QUEST FOR GROWTHEUR 2.1M

Stadler Rail AGEUR 1.6M

Gross qualifying purchases (EUR), summed per company. Research leads, not recommendations: a company page shows the roles, transaction types and source filings.

What changed?

Compared with 2026-10-12 · 1031 same-sector companies present in both snapshots

-0.29 pp
Common-cohort change

+16 / −19
Entered / left buying status

+16 / −15
Coverage / classification additions and removals

Buying companies among coverage additions / removals: 0 / 0

Entered buying status (16)

ASTA Energy Solutions AG · JARDINE MATHESON HOLDINGS LIMITED · BVZ Holding AG · Krones AG · Lassila & Tikanoja Plc · GL EVENTS · ELIS · FirstGroup plc · Trifast plc · easyJet plc · Franchise Brands plc · WIZZ AIR HOLDINGS PLC · NOS Nova AS · ENERGOAPARATURA SPÓŁKA AKCYJNA · VOTUM SPÓŁKA AKCYJNA · Skanska AB

Left buying status (19)

SW Umwelttechnik Stoiser & Wolschner AG · DECEUNINCK · GEA Group Aktiengesellschaft · WashTec AG · Villeroy & Boch AG · Fjord Defence Group ASA · Boreo Oyj · Keller Group plc · Bergman & Beving Aktiebolag · Lagercrantz Group AB · AGES Industri AB · Fagerhult Group AB · Stockwik AB · KebNi AB (publ) · ITAB Shop Concept AB · Netel Holding AB (publ) · Vestum AB · Saab AB · Ramlösa shipping AB

Endpoint changes can reflect rolling-window expiry or filing backfills; they do not establish fresh trades or intent.

Buying characteristics

Top three companies’ share of qualifying gross purchase value: 52.8%

Companies with purchases: 92 · Multiple buyers: 32 · Repeat buyers on distinct dates: 29

Multiple buyers · 32/92 (34.8%)
32/92

Repeat buying · 29/92 (31.5%)
29/92

Largest recorded gross purchases: ELIS (EUR 27,347,098) · GERARD PERRIER INDUSTRIE (EUR 6,016,284) · Svevik Industri (EUR 4,923,811)

Purchase lines with contractual / award wording: 0. Qualifying purchases are not necessarily discretionary. These flags may overlap with repeat buying.

Features overlap. Buyer-days consolidate the same reported buyer and date, not verified independent purchase events. Name variants may remain. Concentration requires complete values; currencies are never mixed.

Companies to investigate

Company	Buying status	Buyers	Buyer-days	Gross purchases	Latest buy
ELIS ELIS.PA	Buying	2	6	EUR 27,347,098	2026-10-12
GERARD PERRIER INDUSTRIE ALPER.PA	Buying	2	2	EUR 6,016,284	2026-10-07
Svevik Industri SVEVIK.ST	Buying	2	2	EUR 4,923,811	2026-10-05
Viking Supply Ships AB VSSAB-B.ST	Buying	1	1	EUR 4,867,636	2026-09-25
Endúr ASA ENDUR.OL	Buying	1	1	EUR 4,628,789	2026-09-25
W5 Solutions AB W5.ST	Buying	1	1	EUR 4,486,299	2026-10-01
GL EVENTS GLO.PA	Buying	2	2	EUR 3,267,355	2026-10-15
DANIELI & C. SPA DANR.MI	Buying	5	15	EUR 2,726,228	2026-10-12
QUEST FOR GROWTH RECT.BR	Buying	2	4	EUR 2,071,960	2026-10-05
Stadler Rail AG SRAIL.SW	Buying	0	0	EUR 1,602,998	2026-09-28
JARDINE MATHESON HOLDINGS LIMITED J36.SI	Buying	2	5	EUR 991,943	2026-10-06
SICILY BY CAR SPA SBC.MI	Buying	2	6	EUR 826,018	2026-10-06
Rejlers AB (publ) REJL-B.ST	Buying	3	4	EUR 775,080	2026-10-02
Krones AG KRN.DE	Buying	1	1	EUR 546,086	2026-10-12
Rheinmetall AG RHM.DE	Buying	2	2	EUR 470,592	2026-10-02
Bawat Water Technologies AB BAWAT.ST	Buying	2	2	EUR 435,182	2026-10-07
Karnelll Group AB (publ) KARNEL-B.ST	Buying	2	4	EUR 301,875	2026-09-22
Cavotec Group AB CCC.ST	Buying	1	1	EUR 247,911	2026-09-22
ERBUD Spółka Akcyjna ERB.WA	Buying	2	2	EUR 247,788	2026-10-16
Tempest Security AB TSEC.ST	Buying	2	10	EUR 211,710	2026-10-12
ASTA Energy Solutions AG 1AST.F	Buying	1	1	EUR 209,705	2026-10-15
Christian Berner Tech Trade AB BERNER-B.ST	Buying	1	1	EUR 195,352	2026-09-24
Job Solution Sweden Holding AB (publ) CALVIK.ST	Buying	4	5	EUR 170,122	2026-10-06
SAFRAN SAF.PA	Buying	1	1	EUR 166,210	2026-10-01
DEUTZ AG DEZ.DE	Buying	2	3	EUR 160,406	2026-10-08
CEMBRE SPA CMB.MI	Buying	8	8	EUR 160,000	2026-10-01
HAULOTTE GROUP PIG.PA	Buying	1	12	EUR 143,054	2026-10-13
LOUIS HACHETTE GROUP S.A. ALHG.PA	Buying	1	1	EUR 135,510	2026-09-29
PRECIA ALPM.PA	Buying	1	1	EUR 132,663	2026-09-25
Interroll Holding AG INRN.SW	Buying	0	0	EUR 107,868	2026-10-12
ACS, ACTIVIDADES DE CONSTRUCCION Y SERVICIOS, S.A. ACS.MC	Buying	1	1	EUR 94,000	2026-09-23
Argo Defence Group X5T.F	Buying	1	2	EUR 90,542	2026-09-29
TRANS POLONIA SPÓŁKA AKCYJNA TRN.WA	Buying	1	2	EUR 73,119	2026-10-09
UBS Financial Services TREL-B.ST	Buying	2	2	EUR 68,112	2026-09-22
SIG plc SHI.L	Buying	1	2	EUR 66,295	2026-10-09
COMER INDUSTRIES SPA COM.MI	Buying	1	2	EUR 65,754	2026-10-02
LPKF Laser & Electronics SE LPK.DE	Buying	2	2	EUR 64,340	2026-09-30
DSW Capital plc DSW.L	Buying	1	1	EUR 59,669	2026-09-24
Jungheinrich Aktiengesellschaft JUN3.DU	Buying	1	1	EUR 50,440	2026-09-22
Terranor Group TERNOR.ST	Buying	1	4	EUR 43,995	2026-09-30
Skanska AB SKA-B.ST	Buying	10	10	EUR 43,861	2026-10-13
SBF AG CY1K.F	Buying	2	4	EUR 43,357	2026-09-24
Schulte-Schlagbaum AG SSS.DU	Buying	1	1	EUR 40,400	2026-09-21
EMAK SPA EM.MI	Buying	2	3	EUR 39,895	2026-10-07
AMADEUS FIRE AG AAD.DE	Buying	1	1	EUR 34,196	2026-09-22
THALES HO.PA	Buying	1	1	EUR 33,660	2026-10-01
Auroora Group Plc AUROORA.HE	Buying	2	3	EUR 33,389	2026-10-08
PION Group AB PION-B.ST	Buying	1	3	EUR 31,642	2026-09-24
AF Gruppen ASA AFG.OL	Buying	1	1	EUR 25,897	2026-10-08
Smiths Group plc ("the Company") SMIN.L	Buying	1	1	EUR 23,547	2026-09-29
SEVERFIELD PLC SFR.L	Buying	1	1	EUR 17,929	2026-10-07
COSTAIN GROUP PLC COST.L	Buying	1	1	EUR 17,683	2026-10-01
W5 Solutions AB (publ) W5.ST	Buying	1	1	EUR 17,443	2026-10-05
Acenta Group AB PADEL.ST	Buying	1	1	EUR 13,558	2026-10-05
Franchise Brands plc FRAN.L	Buying	1	1	EUR 12,874	2026-10-02
Nexus Infrastructure plc NEXS.L	Buying	1	1	EUR 11,900	2026-09-30
Trifast plc TRI.L	Buying	2	2	EUR 9,759	2026-10-15
2G Energy AG 2GB.F	Buying	2	3	EUR 9,485	2026-10-13
MoveByBike Europe AB (publ) MBBAB.ST	Buying	1	1	EUR 6,924	2026-10-05
NORMA Group SE NOEJ.F	Buying	1	2	EUR 6,405	2026-09-23
EQS Group GmbH (EQS) TRNSF.ST	Buying	1	2	EUR 5,408	2026-10-12
BVZ Holding AG BVZN.SW	Buying	0	0	EUR 4,853	2026-10-08
Montana Aerospace AG AERO.SW	Buying	0	0	EUR 4,853	2026-10-08
Scandinavian Astor Group AB Y73.F	Buying	1	1	EUR 4,485	2026-10-01
Nordisk Bergteknik AB (publ) NORB-B.ST	Buying	1	1	EUR 4,458	2026-09-25
VOTUM SPÓŁKA AKCYJNA VOT.WA	Buying	1	1	EUR 4,392	2026-10-16
MBB SE MBB.DE	Buying	1	2	EUR 3,740	2026-10-09
Lassila & Tikanoja Plc LASTIK.HE	Buying	1	1	EUR 2,969	2026-10-08
DANIELI & C. SPA DAN.MI	Buying	1	1	EUR 2,454	2026-09-28
Careium AB (publ) CARE.ST	Buying	1	1	EUR 2,041	2026-09-21
Zalaris ASA ZAL.OL	Buying	1	3	EUR 1,967	2026-09-29
EUROCELL PLC ECEL.L	Buying	3	4	EUR 1,478	2026-10-16
AVTECH Sweden AB (publ) AVT-B.ST	Buying	1	1	EUR 1,067	2026-09-22
ENERGOAPARATURA SPÓŁKA AKCYJNA ENP.WA	Buying	1	1	EUR 1,039	2026-10-14
NOS Nova AS NOSN.OL	Buying	1	1	EUR 902	2026-10-14
easyJet plc EZJ.L	Buying	3	3	EUR 533	2026-10-12
Capita plc CPI.L	Buying	2	2	EUR 356	2026-10-05
WIZZ AIR HOLDINGS PLC WIZZ.L	Buying	2	2	EUR 254	2026-10-09
FirstGroup plc FGP.L	Buying	1	1	EUR 178	2026-10-14

968 other eligible companies had no qualifying buying in the window

"FEERUM" SPÓŁKA AKCYJNA · A.P. Møller - Mærsk A/S · AAC Clyde Space AB · AAC Clyde Space AB · AAC Clyde Space AB · Aalberts N.V. · AB Volvo · AB Volvo · ABAS Protect AB · ABB Ltd · ABO Energy GmbH & Co. KGaA · ABO Energy GmbH & Co. KGaA · ABO-Group · Absolent Group · Accelleron Industries AG · ACCIONA, S.A. · Active Energy Group plc · Addtech AB · Addtech AB · Addtech AB · Addtech AB · Addtech AB · Addtech AB · Addtech AB · Addtech AB · Adecco Group AG · Adval Tech Holding AG · Adval Tech Holding AG · AEROPORTS DE PARIS · Aerowash AB (Publ) · Aerowash AB (Publ) · AF Gruppen ASA · AFRY AB · AFRY AB · AGES Industri AB · AGFA GEVAERT · Air Astana JSC · Air Astana JSC · AIR FRANCE-KLM · Airbus SE · AIRTIFICIAL INTELLIGENCE STRUCTURES, S.A. · Aker ASA · Aktiebolaget SKF · Aktiebolaget SKF · Aktiebolaget SKF · Aktieselskabet Schouw & Co. · AKVA group ASA · ALAN ALLMAN ASSOCIATES · Alexanderwerk AG · Alfa Laval AB · Alimak Group AB (publ) · Alimak Group AB (publ) · Alligo AB · Alligo AB · ALSTOM · ALTHEORA · Andritz AG · AQ Group AB · AQ Group AB · AQ Group AB · Aqualis ASA · Arbonia AG · Arbonia AG · ARCURE · Arendals Fossekompani ASA · Ariston Holding N.V. · AS Tallink Grupp · Aspo Oyj · Aspo Oyj · Assa Abloy AB · ASSA ABLOY AB · ASSA ABLOY AB · ASSA ABLOY AB · ASSA ABLOY AB · ASSA ABLOY AB · ASSYSTEM · Atlas Copco AB · Atlas Copco AB · ATLAS COPCO AKTIEBOLAG · ATLAS COPCO AKTIEBOLAG · ATLAS COPCO AKTIEBOLAG · ATLAS COPCO AKTIEBOLAG · Aumann AG · AUREA · AutoStore Holdings Ltd. · Avation PLC · AVH · Avingtrans PLC · Avon T echnologies plc · Avsalt Group AB · Avsalt Group AB · AVTECH Sweden AB (publ) · Axolot Solutions Holding AB · Axolot Solutions Holding AB · Axolot Solutions Holding AB · Axolot Solutions Holding AB · Axolot Solutions Holding AB · Axvik Group AB · AYVENS · AZKOYEN, S.A. · Babcock International Group PLC · BAE Systems plc · Balfour Beatty plc · Befesa S.A. · Begbies Traynor Group plc · Beijer Alma AB · Beijer Alma AB · Beijer Ref AB · Beijer Ref AB (publ) · Beijer Ref AB (publ) · Beijer Ref AB (publ) · BEKAERT · BELIMO Holding AG · Bergman & Beving Aktiebolag · Bergman & Beving Aktiebolag · Bergman & Beving Aktiebolag · Bergman & Beving Aktiebolag · Bergman & Beving Aktiebolag · Bergman & Beving Aktiebolag · Bergman & Beving Aktiebolag · Bering Madsen ApS · Berner Industrier · Berner Industrier AB · Berner Industrier AB · Bilfinger SE · Billington Holdings Plc · BIO-UV GROUP · Bioextrax AB · Bioextrax AB (publ) · Bioextrax AB (publ) · Bioextrax AB (publ) · Bioextrax AB (publ) · Bioextrax AB (publ) · Bioextrax AB (publ) · BlueYield AB · BOA CONCEPT · BODYCOTE PLC · BoMill AB · Bonheur ASA · Bonzun AB (publ) · Boreo Oyj · Bossard Holding AG · BOUYGUES · BOUYGUES · BOUYGUES · BRAEMAR PLC · Bravida Holding AB · Brickability Group plc · Brilliant Future AB · BTG Consulting plc · BTS Group AB · Bucher Industries AG · Bufab AB (publ) · Bufab AB (publ) · Bufab AB (publ) · Bufab AB (publ) · Bufab AB (publ) · Built Cybernetics plc · Burckhardt Compression Holding AG · BUREAU VERITAS · Burkhalter Holding AG · ByggPartner Gruppen AB (publ) · Bystronic AG · CALIBRE · Cambi ASA · CAMPINE · Capital Tankers Corp. · Capsol Technologies ASA · Careium AB · Careium AB (publ) · Castings plc · CATERING INTERNATIONAL ET SERVICES · CAVOTEC · cavotec · Cavotec Group AB · Cell Impact AB (publ) · Cell Impact AB (publ) · Cell Impact AB (publ) · Cell Impact AB (publ) · Cell Impact AB (publ) · Cell Impact AB (publ) · Cell Impact AB (publ) · Cell Impact AB (publ) · CENERGY HOLDINGS · Centiel AG · Ceres Power Holdings plc · CFE · Chemring Group PLC · Christie Group plc · CirChem AB · CirChem AB · CirChem AB · CirChem AB · CirChem AB · CirChem AB · Circus SE · CLARKSON PLC · Clean Power Hydrogen plc · COHORT PLC · COMPAGNIE CHARGEURS INVEST · COMPAGNIE DE SAINT-GOBAIN · Componenta Corporation · Componenta Oyj · Componenta Oyj · Concejo AB (publ) · Consti Oyj · CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, S.A · Coor Service Management Holding AB · CPPGroup PLC · CROMA SECURITY SOLUTIONS GROUP PLC · CTEK AB (publ) · CTT Systems AB · CYBERGUN · D.L.S.I. · Daimler Truck Holding AG · DANKS SPÓŁKA AKCYJNA · DASSAULT AVIATION · DATRON AG · DBT · DECEUNINCK · Dedicare AB (publ) · DEFENCE HOLDINGS PLC · DEME · DESARROLLOS ESPECIALES DE SISTEMAS DE ANCLAJES, S.A. · Deutsche Lufthansa AG · Deutsche Payment A1M SE · Deutsche Post AG · DEUTZ AG · DEUTZ AG · DFDS A/S · DFDS A/S · Diales Group Plc · DIALIGHT PLC · Diploma PLC · DKSH Holding AG · DOF Group ASA · DOF Group ASA · dormakaba Holding AG · dormakaba Holding AG · Dovre Group Oyj · DP AIRCRAFT I LIMITED · Drillcon AB · DSV A/S · Dürr Aktiengesellschaft · Earnz plc · Easyfill AB · Eezy Oyj · Eezy Oyj · EIFFAGE · Einhell Germany AG · Einhell Germany AG · Elanders AB · ELECNOR, S.A. · Electrolux Professional AB · Electrolux Professional AB · Elixirr International plc · Emerald Horizon AG · Empresaria Group plc · Enapter AG · Enento Group Oyj · ENERGY SPÓŁKA AKCYJNA · Enersense International Oyj · engcon AB · ENOGIA · Envipco Holding N.V. · Envipco Holding N.V. · Envirologic AB (publ) · Envirologic AB (publ) · Epiroc · Epiroc AB · Epiroc Aktiebolag · Ernst Russ AG · ES Energy Save Holding AB · ESAUTOMOTION · ESAUTOMOTION SPA · Etteplan Oyj · eWork Group AB · EXAIL TECHNOLOGIES · EXEL INDUSTRIES · EXOSENS · Experian plc · Fabryka Obrabiarek RAFAMET Spółka Akcyjna w · Fagerhult Group AB · Fagerhult Group AB · Fasadgruppen Group AB · Fasadgruppen Group AB · Fasadgruppen Group AB (publ) · Fasadgruppen Group AB (publ) · Feintool International Holding AG · Ferguson Enterprises Inc. · Ferrari Group PLC · Ferroamp AB (publ) · Ferroamp AB (publ) · Ferroamp AB (publ) · Ferroamp AB (publ) · Ferronordic AB · Ferrovial SE · FIGEAC AERO · FINANCIERE MARJOS · FINANCIERE MARJOS · FINAXO ENVIRONNEMENT · FINCANTIERI SPA · FINCANTIERI SPA · Finepart Sweden AB · Finepart Sweden AB · Finepart Sweden AB · Finepart Sweden AB · Finnair Oyj · Fintel plc · Firefly AB · Fjord Defence Group ASA · FlexQube AB (publ) · FLORIDIENNE · FLORIDIENNE · Flowtech Fluidpower PLC · FLSmidth & Co. A/S · Flughafen Zürich AG · FM Mattsson AB (publ) · FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A. · Forbo Holding AG · Forgent plc · FREELANCE.COM · Freemelt Holding AB (publ) · Freemelt Holding AB (publ) · Freemelt Holding AB (publ) · Freemelt Holding AB (publ) · Freemelt Holding AB (publ) · Friedrich Vorwerk Group SE · FW Thorpe plc · Gabler Group AG · Galliford Try Holdings plc · GARO AB (publ) · GARO Aktiebolag · GARO Aktiebolag · Gateley (Holdings) Plc · Gattaca plc · GEA Group Aktiengesellschaft · Geberit AG · GEL SPA · GELION PLC · GENERAL DE ALQUILER DE MAQUINARIA, S.A. · Genuit Group plc · Georg Fischer AG · GESCO SE · GETLINK SE · GETLINK SE · GETLINK SE · Glaston Oyj Abp · Glaston Oyj Abp · GlobalData Plc · Glunz & Jensen Holding A/S · Golden Energy Offshore Services ASA · Gomero Group AB · Gomero Group AB · GOMSPACE GROUP AB · Goodtech ASA · Goodtech ASA · GOODWIN PLC · Gorbero Invest AB · Grafton Group plc · Green Landscaping Group AB (publ) · Green Landscaping Group AB (publ) · GreenMobility A/S · GRENERGY RENOVABLES, S.A. · GRENEVIA SPÓŁKA AKCYJNA · GRK Infra Oyj · GROLLEAU · GROUPE CRIT · GROUPE PIZZORNO ENVIRONNEMENT · GRUPO EZENTIS, S.A. · Guideline Geo AB (publ) · Guideline Geo AB Publ · H-Power Plc · H2APEX Group SCA · Hafnia Limited · Hafnia Limited · HAKI Safety AB · Haki Safety AB · Haki Safety AB · Halma plc · Halma plc · HAMMONIA Schiffsholding AG · Hangzhou GreatStar Industrial Co., Ltd. · Hapag-Lloyd AG · Hargreaves Services Plc · HAV Group ASA · HAV Group ASA · Hays plc · Hedera Group AB · Hedera Group AB · Hedera Group AB (publ) · Heidelberger Druckmaschinen AG · HELIOS SOLAR AG · Heliospectra · Heliospectra AB (publ) · Heliospectra AB (publ) · HENSOLDT AG · Hercules plc · Hexagon Purus ASA · HEXICON AB · Hiab Corporation · HILL & SMITH PLC · HOCHTIEF Aktiengesellschaft · HORTICO Spółka Akcyjna · Hultström Group AB · Husqvarna AB · Husqvarna AB · Husqvarna AB · HYDRO-EXPLOITATIONS · Höegh Autoliners ASA · ID LOGISTICS GROUP · Ilika plc · IMI plc · Impact Coatings AB · Impact Coatings AB (publ) · Impact Coatings AB (publ) · Implenia AG · INDUS Holding AG · Indutrade Aktiebolag · Infrea AB · Infrea AB · Inin Group AS · InnoTec TSS AG · Instalco AB · Instalco AB · InstalcoAB · InstallatørGruppen A/S · Integrated Wind Solutions ASA · INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. · Intertek Group plc · Investment AB Latour · Investmentaktiebolaget Latour · Inwido AB (publ) · IPSOS · Irish Continental Group plc · Irisity AB (publ) · Irisity AB (publ) · Irisity AB (publ) · Irisity AB (publ) · Irisity AB (publ) · ISS A/S · ITAB Shop Concept AB · ITAB Shop Concept AB · ITAB Shop Concept AB · ITM Power plc · Iveco Group N.V. · James Fisher and Sons plc · James Halstead plc · JENSEN GROUP · Jinhui Shipping and Transport. Ltd · JOHNSON SERVICE GROUP PLC · Journeo plc · Jungfraubahn Holding AG · Kalmar Oyj · KAP AG · Kapsch TrafficCom AG · Kardex Holding AG · Karnell Group AB (publ) · Karnell Group AB (publ) · Karnov Group AB (publ) · KebNi AB (publ) · KebNi AB (publ) · Keda Industrial Group Co., Ltd. · Keller Group plc · Kempower Corporation · Kendrion N.V. · KEYSTONE LAW GROUP PLC · KH Group Oyj · Kier Group plc · KION GROUP AG · Klaveness Combination Carriers ASA · Klingelnberg AG · Knights Group Holdings plc · Komax Holding AG · KONE Corporation · Konecranes Plc · Kongsberg Gruppen ASA · Kongsberg Gruppen ASA · Kongsberg Gruppen ASA · Kongsberg Maritime ASA · Kongsberg Maritime ASA · Koninklijke BAM Groep N.V. · Kreate Group Oyj · KST Beteiligungs AG · Kunshan Dongwei Technology Co., Ltd. · Kühne + Nagel International AG · LA FORESTIERE EQUATORIALE · Lagercrantz Group AB · Lagercrantz Group AB · Lagercrantz Group AB · Lagercrantz Group AB · Lagercrantz Group AB · Lagercrantz Group Aktiebolag · Lamor Corporation Oyj · Landis+Gyr Group AG · Lassila & Tikanoja Oyj · LATECOERE · Latour, Investmentab. · LE LUNDBERG AB · learnd SE · LEGRAND · LEONARDO SPA · LEWAG Holding AG · Lifco AB · Lifco AB (publ) · Lifco AB (publ) · Lifco AB (publ) · LIFTERO SPÓŁKA AKCYJNA · LightAir AB (publ) · LightAir AB (publ) · Lindab International AB · Linjemontage i Grästorp Aktiebolag · LION E-Mobility AG · LISI · LOGISTA INTEGRAL, S.A. · Loomis · Lords Group Trading plc · LPA Group plc · Luceco plc · Luotea Oyj · Lyckegård Group AB · M Vest Water AS · MANITOU BF · Manolete Partners plc · Mantex AB · Mantex Aktiebolag · Mantex Aktiebolag · Mantex Aktiebolag · Mantex Aktiebolag · MAX Automation SE · MBF Group Spółka Akcyjna · ME Group International plc · medmix AG · Meier Tobler Group AG · Meier Tobler Group AG · MELROSE INDUSTRIES PLC · Mennica Polska Spółka Akcyjna · Mercantile Ports & Logistics Limited · MERSEN · Meta Wolf AG · Meta Wolf AG · Metacon AB · Metacon AB (publ) · Metacon AB (publ) · Metacon AB (publ) · Metacon AB (publ) · Metacon AB (publ) · Metacon AB (publ) · Metacon AB (publ) · Metso Corporation · MHA plc · Mikron Holding AG · MilDef Group AB · MilDef Group AB · Mincon Group plc · Mind Gym plc · Ming Yang Smart Energy Group Limited · MITIE GROUP PLC · Mobico Group · Momentum Group AB · Mometum Group AB · MON COURTIER ENERGIE GROUPE · Montana Aerospace AG · Morgan Advanced Materials plc · Morgan Sindall Group plc · MOSTOSTAL ZABRZE SPÓŁKA AKCYJNA · MOURY CONSTRUCT · MoveByBike Europe AB (publ) · MoveByBike Europe AB (publ) · MoveByBike Europe AB (publ) · Mpac Group plc · MPC Container Ships ASA · MS INTERNATIONAL plc · MTU Aero Engines AG · Multiconsult ASA · Munters Group AB · MYCELX Technologies Corporation · MYCR, Mycronic · Mycronic AB (publ) · NCC AB · Nederman Holding AB · Nederman Holding Aktiebolag · Nekkar ASA · NEL ASA · Neometals Ltd · Nepa AB · Netel Holding AB · Netel Holding AB (publ) · Netel Holding AB (publ) · Netel Holding AB (publ) · NEXANS · NFGAB · NGS Group AB · NIBE Industrier AB · NIBE Industrier AB · NICOLAS CORREA, S.A. · NKT A/S · Norconsult ASA · Norconsult ASA · Norcros plc · NORDEN · Nordex SE · NORDIC LEVEL GROUP AB · NORDIC LEVEL GROUP AB · NORDIC LEVEL GROUP AB · NORDIC LEVEL GROUP AB · NORDIC LEVEL GROUP AB (PUBL) · Norditek Group AB · NORDWEST Handel AG · NORMA Group SE · Norman Broadbent Plc · Norman Broadbent PLC · Norse Atlantic ASA · Norwegian Air Shuttle ASA · Norwegian Air Shuttle ASA · Novus Group International AB · NRC Group ASA · NRC Group ASA · NTG Nordic Transport Group A/S · Nurminen Logistics Oyj · NYAB AB · OBRASCON HUARTE LAIN, S.A. · OC Oerlikon Corporation AG · Ocean GeoLoop ASA · Odfjell SE · ODYSSEE TECHNOLOGIES · OEM International AB · OEM International AB · OEM International AB · OEM International AB · OEM International Aktiebolag · OEM International Aktiebolag · Ogunsen AB (publ) · OHB SE · Okeanis Eco Tankers Corp. · Okeanis Eco Tankers Corp. · OptiCept Technologies AB · OptiCept Technologies AB · OptiCept Technologies AB · OptiCept Technologies AB · Orell Füssli AG · OSMOSUN · OXE Marine AB · OXE Marine AB · PageGroup plc · Palfinger AG · Panostaja Oyj · Pascal GELUGNE · Peab AB · Peab AB · Per Aarsleff Holding A/S · Perrot Duval Holding SA · Petards Group plc · Phoenix Mecano AG · PHSC PLC · PION Group AB · PJP MAKRUM SPÓŁKA AKCYJNA · PKP CARGO SPÓŁKA AKCYJNA W · PLC SPA · Plejd AB · plenum AG · Pluxee N.V. · POLIMEX MOSTOSTAL SPÓŁKA AKCYJNA · Ponsse Plc · PORR AG · Porvair plc · POSTE ITALIANE SPA · Posti Group Oyj · PostNL N.V. · POUJOULAT SA · Powercell Sweden AB (publ) · Powercell Sweden AB (publ) · Powerhouse Energy Group plc · Precise Biometrics AB · Precise Biometrics AB · Precise Biometrics AB · Precise Biometrics AB · Precise Biometrics AB · Precise Biometrics AB · Precomp Solutions Aktiebolag (publ) · Pricer AB · Pricer AB · Pricer AB (publ). · ProfilGruppen AB · PROSEGUR CASH, S.A. · PROSEGUR, COMPAÑIA DE SEGURIDAD, S.A. · ProService Building Services Marketplace plc · Pryme N.V. · Pryme N.V. · PRYSMIAN SPA · Public Policy Holding Company, Inc. · PUBLIC POLICY HOLDING COMPANY, INC. · PVA TePla AG · Pyrum Innovations AG · Pyrum Innovations AG · Qben Infra AB · Qben Infra AB · QINETIQ GROUP PLC · Qleanair AB · Quantum Base Holdings PLC · R&S Group Holding AG · R. Stahl AG · Railcare Group AB · Railway Metrics and Dynamics Sweden AB (publ) · Ramlösa shipping AB · Raots AB · RATIONAL AG · Ratos AB · Ratos AB · Ratos AB · Ratos AB · Ratos AB · Ratos AB · RATOS AB · RATOS AB · Raute Corporation · RC Fornax plc · REACT Group PLC · Rederi AB Gotland · Rederiaktiebolaget Gotland · Rederiaktiebolaget Gotland · Rederiaktiebolaget Gotland · Reka Industrial Oyj · RELX Plc · RELX Plc · Renew Holdings plc · RENK Group AG · Rentokil Initial plc · REPLOID Group AG · Restore plc · RHI Magnesita N.V. · Rieter Holding AG · Rieter Holding AG · Ringmetall SE · ROBERT WALTERS PLC · Robit Plc · Rockwool A/S · Rolls-Royce Holdings plc · Rosenbauer International AG · Rotork plc · Rovsing A/S · RS Group plc · RTC Group PLC · Saab AB · Saab AB · Sabien Technology Group Plc · SACYR, S.A. · SACYR, S.A. · SACYR, S.A. · SACYR, S.A. · Safe at Sea AB · Salix Group AB · SaltX Technology Holding AB · SaltX Technology Holding AB (publ) · SaltX Technology Holding AB (publ) · SaltX Technology Holding AB (publ) · SaltX Technology Holding AB (publ) · Sandvik Aktiebolag · Saxlund Group AB · Saxlund Group AB · Saxlund Group AB · Scana ASA · Scandinavian Astor Group AB · Scandinavian Astor Group AB · Scandinavian Enviro Systems AB · Scandinavian Enviro Systems AB · Scandinavian Enviro Systems AB · Scanfil Oyj · Schindler Holding AG · Schindler Holding AG · Schlatter Industries AG · SCHNEIDER ELECTRIC SE · Schweiter Technologies AG · SCIENCE GROUP PLC · Sdiptech AB (publ) · Sdiptech AB (publ) · Sdiptech AB (publ) · Sdiptech AB (publ) · SEATWIRL AB (PUBL) · SECHE ENVIRONNEMENT · Securitas AB · Securitas AB · Securitas AB · SEHED Byggmästargruppen AB (publ) · Semperit AG Holding · Senior plc · Sentia ASA · Sentia ASA · Serco Group plc · SERGE FERRARI GROUP · SFC Energy AG · SFS Group AG · SGS SA · Shelly Group SE · SIBEK AB · Siemens Aktiengesellschaft · Siemens Energy AG · Sif Holding N.V. · SIMONA Aktiengesellschaft · SinterCast AB · Sitowise Group PLC · Sixt SE · Sixt SE · Skanska AB · SMAG Mobile Antenna Masts AG · SODEXO · Software Circle plc · SOGECLAIR · Soiltech ASA · Soiltech ASA · Solstad Maritime ASA · Somero Enterprises Inc. · Speedy Hire Plc · SPIE SA · Spirax Group plc · SRV Yhtiöt Oyj · SRV Yhtiöt Oyj · Stabilus SE · Staffline Group plc · Stainless Tankers ASA · StarragTornos Group AG · STEF · Stelrad Group plc · STEMMER IMAGING AG · SThree plc · STIF · stock3 AG · Stockwik AB · Stockwik AB (publ) · Stolt-Nielsen Limited · Storskogen Group AB (publ) · Storskogen Group AB (publ) · Storskogen Group AB (publ) · STRABAG SE · STRABAG SE · StrongPoint ASA · Studsvik AB · Studsvik AB · Studsvik AB · Studsvik AB · Studsvik AB · Studsvik AB · Studsvik AB · Sulzer AG · Sunbelt Rentals Holdings, Inc. · Supreme plc · Sustainion Group AB · Sustainion Group AB · Sustainion Group AB · Svedbergs Group AB · Svedbergs Group AB · SW Umwelttechnik Stoiser & Wolschner AG · SWECO AB (publ) · SWECO AB (publ) · SWECO AB (publ) · Synectics plc · Synexo Group AB · Systemair AB · Systemair Aktiebolag · Systemair Aktiebolag · TAKKT AG · Talenom Oyj · Talenom Oyj · TALGO, S.A. · Taylor Maritime Limited · Taylor Maritime Limited · Taylor Maritime Limited · Taylor Maritime Limited · technotrans SE · TECNICAS REUNIDAS, S.A. · Tekmar Group plc · TELEPERFORMANCE · TELEVERBIER SA · Teqnion AB · Teqnion AB · The Weir Group PLC · THERMADOR GROUPE · THERMADOR GROUPE · Thruvision Group PLC · thyssenkrupp AG · thyssenkrupp nucera AG & Co. KGaA · Titon Holdings plc · TKMS AG & Co. KGaA · Tomra Systems ASA · Tomra Systems ASA · TONNER DRONES · TONNER DRONES · Torbjörn Larsson · TOUAX SCA · TOUAX SCA · TRAIN ALLIANCE SWEDEN AB (publ) · Trainers' House Oyj · Travis Perkins plc · Troax Group AB (publ) · Troax Group AB (publ) · TSK ELECTRONICA Y ELECTRICIDAD, S.A. · Tulikivi Oyj · Turbon AG · Tången Industrikapital AB (publ) · UKO Microshops AG · UMICORE · UV GERMI · Valmet Oyj · VALTECNE SPA · VAT Group AG · Veidekke ASA · Veidekke ASA · Velocity Composites plc · VEOLIA ENVIRONNEMENT · Verisure plc · Vestas Wind Systems A/S · Vestum AB · Veteranpoolen AB · Veteranpoolen AB · Veteranpoolen AB (publ) · Vianet Group PLC · Viking Line Abp · Viking Supply Ships AB · Villeroy & Boch AG · Villeroy & Boch AG · Vimab Group AB · VIMAB Group AB (publ) · VINCI · VINCORION SE · VIOHALCO · Volati AB · Volati AB · Volex plc · Volution Group plc · Vossloh Aktiengesellschaft · Vow ASA · Vow ASA · Vp plc · W5 Solutions AB (publ) · W5 Solutions AB (publ), org.nr 556973-2034 · WAGA ENERGY · Wall to Wall Group AB · Wall to Wall Group AB · Wall toWall Group AB · Wallenius Wilhelmsen ASA · WashTec AG · Water Intelligence plc · WEBUILD · Western Bulk Chartering AS · WHITESTONE GROUP · Wilh. Wilhelmsen Holding ASA · Wilh. Wilhelmsen Holding ASA · Wise Group AB · Wolftank Group AG · Wulff Group Plc · Wärtsilä Corporation · Wästbygg Gruppen AB (publ) · XANO Industri AB · XANO Industri AB · Xeros Technology Group Plc · XP POWER LIMITED · YIT Corporation · YOUGOV PLC · Zalaris ASA · Zaptec ASA · Zehnder Group AG · Zenergy AB · Zenergy AB · Zenergy AB · Zenergy AB · ZIGUP plc · Zumtobel Group AG · Österreichische Post AG

Background

Price and liquidity context

-4.2%
median 30-day company return · 476 companies

1,267,648
median daily turnover

Price movement is a descriptive comparison. Buy / ADTV is shown only when the insider value and turnover use the same currency; it is not an estimate of market impact.

Coverage and evidence quality

Eligible companies: 1047 · Buying companies: 79 · Price history: 476 · Complete purchase values: 92

Not available yet: earnings-related buying (no results dates captured for these companies in the last 180 days); outcomes after earlier buying (no archived snapshot has 20 days of prices after it yet).

A missing value is reported as unavailable and does not lower a signal. Source filing links remain the audit record.

Industrials · the economy behind it

EU27 · Eurostat · year-over-year change of the latest month

Manufacturing output-0.69%year over year · 2026-08month over month -0.20% · Eurostat

Manufacturing producer prices+5.97%year over year · 2026-08month over month +0.73% · Eurostat

Intermediate goods import prices+8.67%year over year · 2026-07month over month -0.25% · Eurostat

Manufacturing outputManufacturing producer pricesIntermediate goods import prices

Each series rebased to 100 at the first shared month; compares changes, not the same economic quantity.

Output and selling prices describe different sides of activity. Output is below its year-earlier level while producer prices are higher: check company volumes and margins before reading revenue growth.

EU27 excludes the UK, Switzerland and Norway. NACE activities are broad proxies for stock sectors; monthly figures may be revised. Not used in any score.

Company reports matched to these industries

From industry activity to company research

Company matching uses exact provider industry labels captured by the snapshot date. These are activity proxies; EU revenue or production exposure has not been verified.

Machinery · NACE C28

49 matched companies; 8 show qualifying buying.

Machinery output · 2026-08 · YoY +5.46% · Eurostat

Machinery producer prices · 2026-08 · YoY +2.11% · Eurostat

Machinery outputMachinery producer prices

Each series rebased to 100 at the first shared month; compares changes, not the same economic quantity.

Question to investigate

Are order intake, unit deliveries and backlog moving with output?

For companies with insider buying, check the latest results for volumes, margins and the buyer’s role. The macro series does not establish the reason for buying.

2G Energy AG · Qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-10-15 · Exposure unverified
Company disclosure evidence
· Reviewed 2026-10-16
Financial metrics not yet verified from a primary report.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
COMER INDUSTRIES SPA · Qualifying buying
Farm & Heavy Construction Machinery · OpenBB/yfinance · 2026-10-04 · Exposure unverified
Company disclosure evidence
2026 H1 · Reviewed 2026-10-16
Revenue EUR676.3m, up 51.2%.
Research question: Verify consolidation scope before attributing growth to the industry cycle.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
DANIELI & C. SPA · Qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-10-15 · Exposure unverified
Company disclosure evidence
· Reviewed 2026-10-16
Financial metrics not yet verified from a primary report.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
DEUTZ AG · Qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-10-15 · Exposure unverified
Company disclosure evidence
2026 H1 · Reviewed 2026-10-16
Orders grew approximately 29%; revenue approximately 11% to EUR1.12bn.
Research question: Check acquisition effects and engine unit sales.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
HAULOTTE GROUP · Qualifying buying
Farm & Heavy Construction Machinery · OpenBB/yfinance · 2026-09-28 · Exposure unverified
Company disclosure evidence
2026 H1 · Reviewed 2026-10-16
Revenue EUR276m; +7% constant currency excluding IAS29. Current operating margin 2.9%, excluding FX and IAS29. Europe sales grew 19% on that basis.
Research question: Europe growth is reported, but no EU27 revenue share is established.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
Interroll Holding AG · Qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-10-15 · Exposure unverified
Company disclosure evidence
2026 H1 · Reviewed 2026-10-16
Orders CHF295.2m; +3.9% reported, +0.9% organic.
Research question: Separate acquisition effects from underlying demand.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
Krones AG · Qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-09-28 · Exposure unverified
Company disclosure evidence
2026 H1 · Reviewed 2026-10-16
Revenue EUR2714.9m, -0.4% reported; orders +4.5%; EBITDA margin 10.8%.
Research question: Order growth and reported revenue differ; check delivery timing and currency.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
LPKF Laser & Electronics SE · Qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-10-01 · Exposure unverified
Company disclosure evidence
2026 H1 · Reviewed 2026-10-16
Revenue EUR36.5m, -38.3%; new orders EUR44.0m versus EUR43.0m; adjusted EBIT EUR-10.4m.
Research question: Solar weakness and segment differences limit the broad machinery comparison.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
AGFA GEVAERT · No qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-09-30 · Exposure unverified
ARCURE · No qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-10-01 · Exposure unverified
Aumann AG · No qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-09-29 · Exposure unverified
Burckhardt Compression Holding AG · No qualifying buying
Specialty Industrial Machinery · OpenBB/yfinance · 2026-10-18 · Exposure unverified

Showing up to 12 companies, buying companies first.

Electrical equipment · NACE C27

12 matched companies; 2 show qualifying buying.

Electrical equipment output · 2026-08 · YoY +4.86% · Eurostat

Electrical equipment producer prices · 2026-08 · YoY +3.24% · Eurostat

Electrical equipment outputElectrical equipment producer prices

Each series rebased to 100 at the first shared month; compares changes, not the same economic quantity.

Question to investigate

Are grid investment and electrification orders translating into deliveries and margins?

For companies with insider buying, check the latest results for volumes, margins and the buyer’s role. The macro series does not establish the reason for buying.

CEMBRE SPA · Qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-10-15 · Exposure unverified
Company disclosure evidence
2026 H1, presentation pp.16–17 · Reviewed 2026-10-16
Sales EUR141.2m, +13.6%; EBIT margin 28.0%. Italy accounts for 42.1% of sales and other Europe 45.4%; Europe is not identical to EU27.
Research question: Check connector growth and product mix against the broad electrical-equipment proxy.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
GERARD PERRIER INDUSTRIE · Qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-10-18 · Exposure unverified
Company disclosure evidence
2026 H1, consolidated income statement p.6 · Reviewed 2026-10-16
Revenue EUR177.103m versus EUR157.700m; recurring operating profit EUR11.014m versus EUR9.066m. Production EUR175.583m is an accounting measure, not a physical output index.
Research question: Separate installation and maintenance services from equipment manufacturing when using NACE C27.
Company source
EU27 revenue share and unit volumes remain unverified. Disclosure and buying windows differ; no post-earnings timing or causal claim is implied.
CENERGY HOLDINGS · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-28 · Exposure unverified
Ceres Power Holdings plc · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-26 · Exposure unverified
DIALIGHT PLC · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-26 · Exposure unverified
Ilika plc · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-26 · Exposure unverified
LEGRAND · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-28 · Exposure unverified
NEXANS · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-28 · Exposure unverified
NKT A/S · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-28 · Exposure unverified
SFC Energy AG · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-28 · Exposure unverified
XP POWER LIMITED · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-09-26 · Exposure unverified
Zaptec ASA · No qualifying buying
Electrical Equipment & Parts · OpenBB/yfinance · 2026-10-15 · Exposure unverified

Showing up to 12 companies, buying companies first.

5268 companies are outside the supported groups or lack a supported industry label; they were not assigned by company name or listing country.

Financing & credit conditions

Euro area · ECB · Research context only; no effect on Insider Signal or rankings. Euro-area aggregates, not each company’s borrowing; survey balances are not loan growth or default probabilities. Current data vintage, shown beside the insider snapshot of 2026-10-18.

Corporate borrowing cost

3.77 % per annum

2026-08 · Monthly · Change vs 2026-07: -0.03 percentage points

Composite cost of new borrowing; percent per annum, not the rate on all outstanding debt.

Observations and source

ECB ↗ · MIR.M.U2.B.A2I.AM.R.A.2240.EUR.N · Captured: 2026-10-18

0 new periods; 0 revisions in last successful check.

Period	% per annum
2026-08	3.77
2026-07	3.80
2026-06	3.79
2026-05	3.63
2026-04	3.62
2026-03	3.58
2026-02	3.51
2026-01	3.57
2025-12	3.57
2025-11	3.50
2025-10	3.51
2025-09	3.50
2025-08	3.46
2025-07	3.52
2025-06	3.61
2025-05	3.66
2025-04	3.80
2025-03	3.94
2025-02	4.11
2025-01	4.25
2024-12	4.36
2024-11	4.52
2024-10	4.67
2024-09	4.80

Corporate credit standards

7.29 % net responses

2026-Q3 · Quarterly · Change vs 2026-Q2: -2.80 percentage points

Positive: net tightening; negative: net easing. Banks report changes over the previous three months.

Observations and source

ECB ↗ · BLS.Q.U2.ALL.O.E.Z.B3.ST.S.WFNET · Captured: 2026-10-18

0 new periods; 0 revisions in last successful check.

Period	% net responses
2026-Q3	7.29
2026-Q2	10.09
2026-Q1	6.59
2025-Q4	4.18
2025-Q3	-1.42
2025-Q2	2.90
2025-Q1	7.05
2024-Q4	0.13
2024-Q3	2.54
2024-Q2	3.28
2024-Q1	4.41
2023-Q4	11.73
2023-Q3	14.15
2023-Q2	27.22
2023-Q1	27.09
2022-Q4	19.39
2022-Q3	15.60
2022-Q2	6.48
2022-Q1	1.55
2021-Q4	0.98
2021-Q3	-1.00
2021-Q2	6.53
2021-Q1	13.08

Corporate loan demand

2.59 % net responses

2026-Q3 · Quarterly · Change vs 2026-Q2: +4.53 percentage points

Positive: net increase; negative: net decrease in demand reported by banks, not loan growth.

Observations and source

ECB ↗ · BLS.Q.U2.ALL.O.E.Z.B3.ZZ.D.WFNET · Captured: 2026-10-18

0 new periods; 0 revisions in last successful check.

Period	% net responses
2026-Q3	2.59
2026-Q2	-1.94
2026-Q1	2.57
2025-Q4	1.93
2025-Q3	2.13
2025-Q2	-3.26
2025-Q1	2.80
2024-Q4	3.79
2024-Q3	-6.85
2024-Q2	-27.77
2024-Q1	-19.59
2023-Q4	-36.28
2023-Q3	-42.26
2023-Q2	-37.91
2023-Q1	-11.60
2022-Q4	12.53
2022-Q3	11.74
2022-Q2	16.57
2022-Q1	18.31
2021-Q4	8.10
2021-Q3	11.96
2021-Q2	-13.80
2021-Q1	-7.25

2026-Q3 · credit standards: net tightening; loan demand: net increase. Compare financing conditions with industrial output and company order books. Check whether companies showing insider buying report different demand or debt exposure.

Business perspective · SAFE (half-year API series)

These verified half-year API series provide historical context, not the latest quarterly SAFE survey. Do not splice the two frequencies. All sectors and firm sizes; not a listed-company cohort.

Firms: bank-loan availability

-2.82 % net responses

2025-S2 · Half-year series · Change vs 2025-S1: -6.16 percentage points

Older observation; interpret its period carefully.

Net improved minus deteriorated; weighted responses excluding not applicable. All firm sizes and sectors; half-year series.

Observations and source

ECB ↗ · SAFE.H.U2.ALL.A.0.0.0.Q9.FBLN.NN.FL.WP · Captured: 2026-10-18

0 new periods; 0 revisions in last successful check.

Period	% net responses
2025-S2	-2.82
2025-S1	3.34
2024-S2	1.65
2024-S1	0.06
2023-S2	-5.86
2023-S1	-10.57
2022-S2	-5.28
2022-S1	-7.74
2021-S2	4.77
2021-S1	10.88

Firms: reported profit change

-12.46 % net responses

2025-S2 · Half-year series · Change vs 2025-S1: +0.54 percentage points

Older observation; interpret its period carefully.

Net increased minus decreased; weighted responses including not applicable. Survey perceptions, not audited profit growth; half-year series.

Observations and source

ECB ↗ · SAFE.H.U2.ALL.A.0.0.0.Q2.2E.NN.AL.WP · Captured: 2026-10-18

0 new periods; 0 revisions in last successful check.

Period	% net responses
2025-S2	-12.46
2025-S1	-13.01
2024-S2	-14.76
2024-S1	-15.86
2023-S2	-16.60
2023-S1	-14.19
2022-S2	-10.14
2022-S1	-15.54
2021-S2	-4.32
2021-S1	3.05

Participation is not a return forecast. No sector score is added. Missing detail is not zero activity.