Benelux Stocks: Ahold, Boskalis, EVS, Fugro, SNS, Umicore Move
The Amsterdam Exchange Index advanced 4.77, or 1.4 percent, to 346.27 at the 5:45 p.m. close local time, rising for a second day. Belgium’s Bel20 Index added 1.7 percent to 2,670.51.
The following are among the most active stocks in Benelux markets today. Symbols are in parentheses.
AND International Publishers NV (AND NA) soared 5.1 percent to 4.73 euros, the highest price since Oct. 4. The Dutch mapmaker raised its profit forecast and said full-year net income will probably be at least 2.4 million euros ($3.3 million) from 1.5 million euros a year earlier.
Fugro NV (FUR NA) advanced 2.9 percent to 52.55 euros, the biggest increase in more than a month. The world’s largest surveyor of deep-water oil fields maintained its profit forecast for 2010 and said full-year sales will probably advance to more than 2.2 billion euros from 2.05 billion euros.
Grontmij NV (GRONT NA) added 1.5 percent to 15.07 euros, rising for a second day. The Dutch designer of roads and bridges said it won three orders in Denmark with a total value of more than 4.5 million euros.
Nederlandsche Apparatenfabriek Nedap NV (NEDAP NA) increased 5.7 percent to 21.99 euros, the highest level since Oct. 2008. The Dutch maker of surveillance and security systems forecast second-half revenue will be “significantly” higher than the 59.7 million euros recorded in the same period a year earlier.
Royal Ahold NV (AH NA) fell 3.5 percent to 9.560 euros, the biggest drop in more than six months. The Dutch owner of U.S. Stop & Shop supermarkets reported third-quarter profit that missed estimates after one-time costs related to the acquisition of the Ukrop’s Super Markets Inc. chain.
Royal Boskalis Westminster NV (BOKA NA) surged 10 percent to 32.695 euros, the highest level in three months. The world’s largest dredging company lifted its 2010 earnings outlook and said profit will probably be at least 290 million euros.
Royal Wessanen NV (WES NA) rose 1.9 percent to 2.772 euros, the biggest gain since Oct. 29. Delta Partners LLC has a 16.33 percent stake in the maker of Beckers croquettes, a filing posted on Dutch financial market regulator AFM’s website showed. Delta raised the stake from 10.03 percent, according to a previous AFM filing from March.
SNS Reaal NV (SR NA) added 3.5 percent to 3.23 euros, extending yesterday’s 0.2 percent rise. The Dutch bank and insurer expects to free up 600 million euros of capital in the next 18 months and currently has no plans to sell shares as it aims to repay aid received in 2008 from its major shareholder and the Dutch government.
Ablynx NV (ABLX BB) decreased 4.3 percent to 8.04 euros, the biggest drop in more than four months. The developer of drugs based on antibodies found in llamas widened its loss in the first nine months to 21.5 million euros from 13.5 million euros a year earlier. Revenue for the period dropped to 17 million euros from 21.9 million euros.
Banimmo SA (BANI BB) rose 1 percent to 14.60 euros, the biggest gain in almost two weeks. The Belgian developer controlled by Affine SA said it was awarded a contract to build new offices and laboratories for the Flemish environment agency. The 7,200 square-meter (77,500 square-foot) development will require spending of almost 22 million euros.
EVS Broadcast Equipment SA (EVS BB) increased 0.8 percent to 47.97 euros, the highest since Nov. 15. The world’s largest supplier of digital disk recorders for broadcast trucks said third-quarter revenue rose 69 percent to 33.2 million euros and forecast full-year sales growth of more than 35 percent.
Umicore SA (UMI BB) gained 2.6 percent to 37.310 euros, a second day of gains. The world’s largest precious metals recycler said capital investment in the coming years will be at or above current levels in order to penetrate new market segments.
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