Corio, GDF Suez, Lanson, Spadel, Sonae, Vivendi: European Equity Preview

The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses and prices are from the last close.

The Stoxx Europe 600 Index rose 0.9 percent to 249.65. The Stoxx 50 Index gained 0.7 percent to 2,433.68. The Euro Stoxx 50 Index, a benchmark for nations using the euro, increased 0.8 percent to 2,606.89.

Banca Monte dei Paschi SpA (BMPS IM), Italy’s third-biggest bank said its second-quarter net income more than tripled to 118.9 million euros ($151 million) from 31.5 million euros a year earlier as earnings from asset sales more than offset a slump in trading income. The shares gained 2.9 percent to 91 euro cents.

Banca Popolare di Milano Scrl (PMI IM), Italy’s oldest cooperative bank said its second-quarter net income fell to 20.1 million euros from 52.4 million euros a year earlier. The stock advanced 1.8 percent to 3.58 euros.

Befimmo SCA (BEFB BB): Belgium’s second-biggest real-estate investment fund said cash earnings in the nine months through June declined to 3.90 euros a share from 3.98 euros a year earlier and maintained its dividend forecast. Befimmo lost 0.8 percent to 56.60 euros.

Cie. d’Entreprises CFE SA (CFEB BB): The construction firm that owns half of Dredging, Environmental & Marine Engineering NV said first-half net income declined 6.2 percent to 32.1 million euros and forecast full-year profit will be “close to” last year’s 61.7 million euros. CFE advanced 1.2 percent to 37.56 euros.

Corio NV (CORA NA): The largest Dutch property developer reported second-quarter net income of 114.8 million euros compared with a net loss of 91.3 million euros a year earlier. Corio fell 0.8 percent to 44.65 euros.

GDF Suez SA (GSZ FP): France’s Energy Minister Jean-Louis Borloo asked the national mediator to compile a report on the energy company’s client billings, following claims of over- charging reported in the Le Parisien newspaper. The shares rose 0.2 percent to 24.34 euros.

Euronav NV (EURN BB): Belgium’s biggest oil-tanker owner maintained its interim dividend at 10 cents a share and reported second-quarter profit of $27.3 million, down from a preliminary figure of $36.9 million reported on July 22. Euronav gained 2.7 percent to 13.69 euros.

Lagardere SCA (MMB FP): France’s biggest publisher said first-half profit rose 20 percent, buoyed by a rebound in advertising, and raised its outlook for the full-year. The shares added 0.8 percent to 29.28 euros.

Lanson-BCC (LAN FP): The champagne maker reported first- half operating profit “close to” 9.3 million euros, up from 8 million euros a year earlier, and forecast improved full-year earnings. The shares dropped 0.7 percent to 50.06 euros.

Omega Pharma NV (OME BB): Belgium’s largest supplier of pharmacy products said first-half net income fell 16 percent to 28.3 million euros. That missed the 35.4 million-euro average of four analyst estimates compiled by Bloomberg. Omega Pharma rose 2.7 percent to 30.54 euros.

Solaria Energia y Medioambiente SA (SLR SM): The Spanish solar-cell manufacturer said first-half profit fell to 438,000 euros from 3.1 million euros a year earlier. The shares rose 0.3 percent to 1.59 euros.

Sonae SGPS SA (SON PL): The largest retailer in the Portuguese market said second-quarter net income rose fivefold to 35 million euros ($44 million). Sonae rose 2.6 percent to 84 cents.

Spadel SA (SPA BB): Belgium’s biggest bottler of mineral water plans to distribute an extraordinary dividend of 14 euros a share following a reorganization of the Du Bois family’s ownership. Spadel last traded for 63.04 euros on Aug. 24.

Vivendi SA (VIV FP): French Industry Minister Christian Estrosi backed a plan for exclusive talks between the national post office and Vivendi’s SFR unit over a La Poste mobile phone service. The shares advanced 0.5 percent to 17.37 euros.

To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net.

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