ISS

ISS has published new medium-term targets: for 2028 the company aims for an operating margin of 5.5–6.0%, with the upper end exceeding the market expectation of 5.5%. For 2026–2028 ISS expects average organic revenue growth of >5.0% (market consensus: 5.6%), with at least 2% coming from volume and new business. Additional targets: cash conversion >60%, leverage ratio 2.0–2.5 and a payout ratio of 20–40%; share buybacks and value-accretive M&A will be weighed. » More on de.investing.com

ISS reported improved profit and cash flow in H1 2026, organic growth of 8.9% in the second quarter and earnings per share 29% higher year on year. Management confirmed the guidance for the full year with an operating margin of around 5.25%, organic growth of more than 6% and free cash flow of over DKK 3.1 billion. After the agreement with Deutsche Telekom, ISS increased its share buyback programme and expects cash conversion to be above 60%. For H2 the company expects slower organic growth of about 4% due to difficult comparatives. » More on de.investing.com

Proxy adviser ISS is urging Genesco shareholders at the annual meeting on July 21, 2026, to vote for all nine board nominees put forward by the company and to withhold votes from dissident nominees Ballard and Poskon. ISS justifies the recommendation by noting Genesco’s total shareholder return (TSR) has outperformed the peer-group average over one-, three- and five-year periods, alongside improved operational performance and generally shareholder-friendly governance. The proxy contest was initiated by Bradley Radoff; Genesco has urged shareholders to vote using the white proxy card for its nine candidates. » More on de.investing.com