Esker, Evolis, L'Oreal, Thales and Ubisoft: French Equity Market Preview
Stock Chart for L'Oreal SA (OR)
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 advanced 13.18, or 0.4 percent, to 3,567.66 yesterday. The SBF 120 index also climbed 0.4 percent.
Groupe Danone SA (BN FP): Goldman Sachs Group Inc. added the world’s largest yogurt maker to its “conviction buy” list. The shares rose 1.2 percent to 46.03 euros.
Esker SA (ESK FP): The fax-software supplier said second- quarter revenue rose to 8.53 million euros ($10.7 million) from 6.48 million euros a year earlier. The shares added 0.7 percent to 6.95 euros.
Evolis (ALTVO FP): The manufacturer of plastic-card printers reported second-quarter revenue of 11.6 million euros, up from 8.8 million euros a year earlier, and forecast full-year revenue growth of more than 18 percent. The shares closed unchanged at 11.80 euros.
L’Oreal SA (OR FP): The world’s largest cosmetics maker said second-quarter sales grew more than 12 percent to 4.95 billion euros, beating analyst estimates, as shoppers spent more on luxury perfume and demand increased in new markets. The shares dropped 0.9 percent to 82.09 euros.
PSA Peugeot Citroen (UG FP): The carmaker will begin offering a new sedan, the 508, that will replace both its 407 and its top-of-the-line 607, La Tribune reported, without saying where it got the information. The shares gained 0.1 percent to 23.16 euros.
PSB Industries (PSB FP): The maker of perfume packaging and specialty chemicals reported a 22 percent rise in first-half revenue to 112.8 million euros and forecast a “marked improvement” in first-half operating profit. The shares added 0.4 percent to 22.88 euros.
Thales SA (HO FP): Europe’s biggest maker of defense electronics had its long-term debt rating cut one level to A2 by Moody’s Investors Service, citing an expected decline in near- term profit for the company. The shares rose 0.6 percent to 26.46 euros.
Ubisoft Entertainment SA (UBI FP): Europe’s biggest video- game producer said first-quarter revenue almost doubled to 160 million euros on sales of its Splinter Cell and Assassin’s Creed titles. The company also confirmed its forecast of a return to profitable growth this year. The shares declined 1.1 percent to 6.37 euros.
Zodiac Aerospace SA (ZC FP): Safran SA is not considering a hostile takeover for Zodiac, La Tribune reported, citing comments by Jean-Pierre Cojan, who heads Safran’s strategy and development. The shares jumped 7.1 percent to 42.62 euros.
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.