Business

Stock markets: Stocks to follow in Paris and Europe – 07/28/2022 at 09:20


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July 28 (Reuters) – Stocks to watch on Thursday in Paris and Europe:

* Total energy TTEF.PA introduced a brand new share buyback program on Thursday after recording a bounce in its outcomes for the second quarter of 2022 due to a pointy rise in hydrocarbon costs towards the backdrop of the battle in Ukraine.

➦ Total Energy – New share buybacks after earnings development

* Stellantis STLA.PA introduced new report outcomes on Thursday, with margins earned in its Jeep, Fiat and Peugeot electrified autos enabling it to do nicely in an “particularly troublesome” atmosphere.

➦ Stellantis- new report outcomes in H1 regardless of a tricky atmosphere

* ArcelorMittal on Thursday posted higher-than-anticipated revenue for the second quarter, thanks to sharp value will increase and a $2.2 billion takeover of its Brazilian competitor CSP.

* Unibel-Rodamco-Westfield URW.AS on Thursday raised its forecast for adjusted recurring earnings per share for 2022, citing an operational restoration in a troublesome macro-atmosphere.

*Sanofi SASY.PA on Thursday raised its annual revenue forecast for its operations, confirming robust development in gross sales of its flagship drug, Dupixent.

➦ Sanofi raises its 2022 revenue forecast thanks to Dupixent’s success

* Saffron SAF.PA reported greater first-half revenue and raised a few of its full-yr targets as spare elements gross sales supported exercise.

➦ Safran posts half-yr revenue rise regardless of provide chain woes

* Orange ORAN.PA on Thursday reported a slight enhance in second-quarter benchmark working revenue of 0.5% as robust development in its Africa/Middle East division offset decrease exercise in France and Spain.

➦ Orange-Q2 outcomes pushed by Africa/Middle East

* Liquid air AIRP.PA posted a gaggle turnover up 31% in the primary half to 14.21 billion euros and a web revenue group share of 1.31 billion euros.

* STMICROElectronics STM.PA reported web earnings of $3.84 billion in the second quarter

➦ STMicroelectronics posts working earnings up to $1.0bn in Q2

*Casino CASP.PA on Thursday reported an acceleration in its gross sales development in the second quarter and introduced that it had returned to gross sales development throughout all its manufacturers in France, its primary market. The group additionally introduced a cope with Ardian Fund to promote a majority stake in its renewable power subsidiary GreenYellow, a brand new enactment of its asset disposal plan aimed at lightening its steadiness sheet.

➦ Casino-deal to get rid of majority stake in GreenYellow, gross sales speed up in second quarter

➦ Casino gross sales rise in H1, with renewed development in France

* Technip Energy TE.PA reported first-half adjusted income of three.24 billion euros and web earnings of 100.3 million euros.

* Aircraft AIR.PA on Wednesday reduce its 2022 plane cargo goal and pushed again its manufacturing ramp-up schedule whereas sustaining key monetary targets as provide chain points weighed on the second quarter.

➦ Airbus has lowered its supply goal for 2022

* Kering PRTP.PA – Revenue at French luxurious group Kering’s flagship model Gucci rose simply 4% in the second quarter, the group introduced Wednesday, as a brand new spherical of lockdowns in China weighed on earnings.

➦ Kering-China Weighs on Gucci’s Q2 Sales Growth

* Teleperformance TEPRF.PA confirmed its 2022 natural development and working margin targets after posting 5.5% natural income development in the primary half.

* SOLVAY It raised its full-yr forecast on Thursday after beating market expectations for second-quarter earnings, helped by robust demand in its core markets and value will increase that helped offset rising uncooked materials, logistics and power prices.

* IPSEN IPN.PA on Thursday raised its full-yr development forecast for complete gross sales and enterprise working margin after enhancing first-half monetary outcomes.

* Rixel RXL.PA confirms its steerage for 2022 after enhancing outcomes in the second quarter

* Saint Gobain SGOB.PA introduced greater first-half outcomes on Wednesday and confirmed its steerage for the yr regardless of the pandemic, provide chain disruptions and inflation.

➦ Saint-Gobain is assured of having the ability to offset inflation, with report submit working earnings

* Schneider Electric SCHN.PA reported turnover up 10.1% to 16.08 billion euros and web revenue of 1.8 billion in natural knowledge.

* EDF EDF.PA on Thursday revealed a web lack of 5.3 billion euros in the primary half, marked in specific by the very low availability of the French nuclear fleet, and revised upwards the estimated affect of manufacturing cuts in its annual accounts.

➦ EDF: Heavy losses in H1, affect of lack of manufacturing worsens

* SCOR SCOR.PA posted a loss in the second quarter because the affect of the Russian invasion of Ukraine and drought in Brazil weighed on its outcomes.

* Bureau fact BVI.PA affirmed its 2022 outlook after enhancing first-half outcomes.

* Crossroads CARR.PA on Wednesday was assured in regards to the second half of the yr, after recording a rise in its outcomes in the primary six months of the yr and elevating its value-reducing targets for 2022 amid an acceleration in the economic system.’ Inflation.

➦ Carrefour will increase its value discount targets, assured for H2

*Alice ELIS.PA posted report first-half income of 1.78 billion euros (+26.6% natural knowledge) and raised its annual goal for many monetary conglomerates.

* Ermet ERMT.PA – The group tripled the gross working surplus (Ebitda) introduced for the primary half to 982 million euros and a web consequence group share of 677 million.

*JCDECAUX JCDX.PA reported natural income development of 31.7% to 1.48 billion euros.

* ACCOR ACCP.PA posted a rise in turnover to 1.73 billion euros, a web revenue to 32 million and mentioned it forecast a gross working surplus of greater than 550 million euros for 2022.

* The home of the world MDM.PA posted gross sales of 604 million euros in the primary half, down 4.8% yr-on-yr, and web earnings of 8.4 million euros (-59%) and introduced the launch of a brand new share buyback program that would attain 10% of capital.

* Sopra steria SOPR.PA affirmed its full-yr outlook after posting greater outcomes in the primary half.

* TF1 TFFP.PA introduced first-half consolidated income up 5.2% to 1.187 billion euros.

➦ TF1- Consolidated income development up 5.2% in H1

* FNAC is soiled FNAC.PA introduced a 1.7% like-for-like drop in its half-yr turnover to 3.43 billion euros “due to a better base of comparability impact and rising inflation”.

* Thank you MERY.PA posted a 5.3% enhance in first-half invoiced lease on a like-for-like foundation, an Ebitda margin of 87.0% and outcomes from operations (FFO) up 3.2%.

* Alten LTEN.PA posted a 30.9% rise in the primary half to 1.826 billion euros on Tuesday and expects natural development of “above” 10% in the second half.

* Next NEXI.PA disclosed turnover of 1.96 billion euros and mentioned it anticipated a 17% market decline in 2022 due to the “hardening of the housing scenario noticed in the second quarter”.

* Solution 30 S30.PA introduced that it had returned to development in the second quarter and posted consolidated revenues of 221.7 million euros, up 2.7% yr-on-yr.

* Veralia VRLA.PA raised its annual adjusted EBITDA goal on Wednesday after first-half outcomes rose.

* Volkswagen VOWG_p.DE confirmed its outlook for 2022 as provide chain disruptions eased however the automaker warned that the battle in Ukraine and the danger of power shortages in Europe may weigh on the second semester.

* Barclays BARC.L introduced that its half-yr revenue fell greater than anticipated due to an enormous lack of £1.9 billion due to a regulatory error.

*Shell SHEL.L reported a second-quarter revenue of $11.5 billion on Thursday, a brand new report.

* Anglo-American AAL.L reduce its dividend after first-half revenue fell 28% due to decrease manufacturing and greater prices.

* D.A.G.O DGE.L annualized gross sales rose 21.4% on Thursday.

* Santander SAN.MC reported second-quarter web revenue rose 14% on greater income in Europe and the Americas.

*Nestle NESN.S on Thursday raised its full-yr gross sales development forecast however barely reduce its margin forecast.

* Clearant CLN.S posted higher-than-anticipated second-quarter revenue regardless of greater uncooked materials, power and transportation prices.

* AB InBev ABI.BR reported higher-than-anticipated second-quarter revenue on Thursday, pushed by demand and greater costs.

* Moncler MONC.MI reported first-half earnings up 46% in fixed foreign money, beating expectations, regardless of a second-quarter slowdown due to well being restrictions in China.

*Banco Sabadell SABE.MC reported that its web revenue rose 22% in the second quarter

* Telefonica TEF.MC reported second-quarter web revenue of 320 million euros and raised its goal for 2022.

* REPSOL REP.MC noticed earnings quadruple in the second quarter on the again of upper oil and fuel costs.

*GSK The US FDA introduced on Wednesday that its drug Benlysta has been cleared to be used in kids aged 5 to 17 with kidney illness.

* Fresenius FREG.DE reduce its full-yr revenue goal due to rising prices at its dialysis subsidiary Fresenius Medical Care FMEG.DE.

(Writing by Olivier Scherfan and Letitia Volga, Editing by Mathieu Protard and Sophie Luet)

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