Business

STOCK MARKET-Stocks to follow in Paris and Europe (Updated) – 11/24/2022 at 08:57

(Updated with teleperformance)

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Changes in CAC 40 0#FCE Index Futures:

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Changes in Stoxx 600 0#FXXP Index Futures:

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EX DIVIDEND TRADED SECURITIES .EX.PA

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European .EUFR market replace

PARIS, Nov 24 (Reuters) – Stocks to watch on Thursday in the Paris Stock Exchange and Europe:

* REMY COINTREAU RCOP.PA reported a 27.2% rise in first-half working revenue on Thursday, beating expectations, thanks to demand for its excessive-finish cognac and value management, notably in China and the United States.

➦ Rémy Cointreau exceeded expectations at H1

* EDF EDF.PA – Luc Raymont takes the reins of the French power group in a proper renationalisation course of. The state introduced on Wednesday night that it will maintain its simplified takeover bid for the group from November 24 to December 22 at a worth of 12 euros per share and 15.52 euros per Ocean.

➦ EDF appoints Luc Remont as CEO

➦ EDF-Offer to Buy for State Minority Shareholders from 24/11 to 22/12

* ELIOR ELIOR.PA – The joint catering group is discussing a potential merger with its largest shareholder DERICHEBOURG DBG.PA, Bloomberg reported on Wednesday, citing folks conversant in the scenario.

➦ Elior is contemplating a merger with its shareholder Dericheberg – Bloomberg

* TELEPERFORMANCE TEPRF.PA, suspected of violating working circumstances in Colombia, introduced Thursday that it has entered into negotiations with UNI Global Union, a worldwide union federation that represents employees in service operations in 150 international locations.

* KINGFISHER KGF.L – British DIY retailer group on Thursday maintained its monetary forecast for the 2022-2023 monetary 12 months after a superb resistance to gross sales on a like-for-like foundation in the third quarter, which allowed it to understand product energy financial savings linked to a robust demand.

* ATLANTIA ATL.MI – The takeover bid launched by the Benetton household and American funding fund Blackstone BX.N for the Italian infrastructure group has reached the 90% threshold that enables operations to proceed and the corporate to be delisted from the inventory change, the 2 acquirers stated on Thursday.

* ENGIE ENGIE.PA introduced on Thursday that it has parted methods with Google

GOOGL.O a 12-12 months energy buy settlement for 100 MW as a part of the event of an offshore wind challenge off the coast of Scotland.

➦ Engie indicators 12-12 months renewable energy buy settlement with Google

* ORANGE ORAN.PA introduced on Wednesday night the signing of a syndicated line of credit score value 6 billion euros with 27 banks, which now consists of sustainable efficiency standards.

* RENAULT RENA.PA, VOLTALIA VLTSA.PA – The renewable power specialist introduced on Thursday that it has signed a solar energy provide contract with the automaker for a interval of fifteen years and a capability of 350 megawatts, which represents an annual manufacturing of about 500 gigawatt hours.

➦ Voltalia indicators 15-12 months solar energy provide settlement with Renault

* VINCI SGEF.PA – Vinci Concessions introduced on Wednesday the strengthening of its stake in Greece’s Rione-Antirion bridge concession, rising its stake in the concession firm from 57.5% to 72.3% and in the working firm from 55.3% to 70.5%.

➦ Vinci Concession strengthens its majority stake in Greece’s Rheon-Antirion Bridge Concession

* SOITEC SOIT.PA confirmed its annual goal on Wednesday after its internet revenue development and turnover outcomes for the primary half. However, over half the Ebitda margin fell from 36.8% to 35.5% in a 12 months.

* LDC LOUP.PA – The French poultry specialist confirmed its 2022-2027 strategic plan on Wednesday after reporting higher working revenue and turnover in the primary half.

* MANUTAN INTERNATIONAL MATP.PA on Wednesday reported a ten.6% and 20.2% rise in turnover and internet revenue for the 2021-2022 monetary 12 months, respectively, and introduced it’s contemplating paying a dividend of 1.80 euros per share.

France and worldwide 7-day agenda:

(Written by Claude Chendjou, edited by Bertrand Bossy and Jean-Stephen Brose)

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