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Top Credit Stories Alrosa (ALRSRU) - Strong 1Q21 results Altice France (SFRFP) - 1Q21 results show mixed performance in an overall positive market ArcelorMittal (MTNA) - Rising star potential now also confirmed by Moody's CEZ (CEZCP) - CEZ targets CZK 80-85bn in EBITDA in 2030, which implies a CAGR of 3.4-4.1% Limacorporate (LIMACO) - 1Q21 still impacted by COVID-19 but business recovery expected Progroup (PROGRP) - 1Q21 results show expected impact of higher recovered-paper pricesBuy the PROGRP 3% 3/26, offering an attractive 2.0% YTC 3/22Progroup: 1Q21 results show expected impact of higher recovered-paper pricesBuy the PROGRP 3% 3/26, offering an attractive 2.0% YTC 3/221Q21 results show expected impact of higher recovered paper prices Saint-Gobain (SGOFP) - Further expanding construction chemicals with EUR 1.0bn acquisition Südzucker (SZUGR) - Encouraging outlook for FY20/21 and focus on its investment-grade rating


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