Bollore, L’Oreal, Renault, Technip, Total: French Stock Preview

The following is a list of companies whose shares may have unusual price changes in Paris. Stock symbols are in parentheses after company names. Share prices are from the last close.

France’s CAC 40 Index rose 10.15 points, or 0.3 percent, to 3,609.22 points. The SBF 120 added 0.2 percent to 2,644.35.

Air Liquide SA (AI) : The industrial-gas producer was downgraded to “sell” from “hold” at Standard & Poor’s Equity Research. The shares gained 1.3 percent to 79.88 euros.

Bollore SA (BOL) : The shipping and industrial group said 2009 sales fell 17 percent to 6 billion euros ($8.2 billion), including a 7.4 percent decline in fourth-quarter sales. The shares fell 0.5 percent to 112.60 euros.

Boursorama (BRS) : The Internet brokerage said full-year net income fell 2 percent to 49 million euros. The shares rose 0.4 percent to 9.47 euros.

Club Mediterranee SA (CU FP): Europe’s largest holiday resort owner said Nippon Life cut its holding to 0.43 percent, down from 1.48 percent last month. The shares fell 1.8 percent to 11.02 euros.

Heurtey Petrochem SA (ALHPC) : The maker of equipment for refineries said 2009 revenue declined to 200 million euros from 232 million euros a year earlier. The company reported a good level of business for 2010 and forecast recovery in the Middle-East, Indian and Russian markets. The shares dropped 0.2 percent to 21.56 euros.

Imerys SA (NK) : The minerals processor said 2009 net income plunged to 41.3 million euros from 161.3 million euros a year earlier. The company plans to pay a dividend of 1 euro per share. The shares rose 0.6 percent to 37.96 euros.

L’Oreal SA (OR) : The world’s largest cosmetics maker said full-year profit fell 8 percent to 1.79 billion euros as European and U.S. consumers pared spending on makeup and perfume. The shares gained 0.2 percent to 76.75 euros.

Orpea SA (ORP) : Goldman Sachs Group Inc. upgraded France’s largest commercial retirement-home operator to “neutral” from “sell.” The shares increased 0.5 percent to 28.98 euros.

Plastivaloire SA (PVL) : The manufacturer of plastics for cars and fittings for flat-screen TVs said first-quarter revenue rose to 56 million euros, from 47.4 million euros a year earlier, and forecast full-year sales of more than 200 million euros. The shares closed unchanged at 13.91 euros.

PSA Peugeot Citroen (UG) : European car sales increased 12.9 percent in January, compared with a year earlier, as vehicle-scrapping incentives continued to boost demand in countries including the U.K., where registrations rose 29.8 percent, and Italy, 30.2 percent. Peugeot shares gained 0.4 percent to 19.66 euros. Renault SA (RNO) rose 2.4 percent to 30.25 euros.

Technip SA (TEC) : Citigroup Inc. upgraded Europe’s second-largest oilfield-services provider to “hold” from “sell.” The shares gained 2 percent to 52.41 euros.

Total SA (FP) : Sanford C. Bernstein & Co. downgraded France’s biggest oil company to “market perform” from “outperform.” The shares increased 0.2 percent to 41.71 euros.

Umanis (ALUMS) : The computer consulting company said 2009 revenue fell to 55.3 million euros from 59.9 million euros a year earlier. The shares rose 1.6 percent to 65 cents.

Unibail-Rodamco SE (UL) : Europe’s biggest shopping-center owner said it agreed to sell five Dutch shopping centers to Wereldhave NV for 235 million euros. The shares lost 0.9 percent to 143.85 euros.

Vallourec SA (VK) : The world’s second-largest maker of steel tubes for oil and gas production said it will invest $650 million to build a small diameter rolling mill in Youngstown, Ohio. The shares advanced 1.6 percent to 126.15 euros.

To contact the reporters on this story: Helene Fouquet in Paris at hfouquet1@bloomberg.net; Francesca Cinelli in Milan at fcinelli@bloomberg.net.

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net

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