Befimmo, D’Ieteren, Foyer, ICT, Keyware: Benelux Equity Preview

The following companies may have unusual price changes in Benelux markets. Stock symbols are in parentheses and prices are from the previous close.

The Amsterdam Exchange Index advanced 4.77, or 1.4 percent, to 346.27. Belgium’s Bel20 Index rose 45.65, or 1.7 percent, to 2,670.51. Luxembourg’s LuxX Index gained 2 percent to 1,481.60.

Dutch stocks:

Batenburg Beheer NV (BATEN NA): The Dutch provider of technical equipment and services said nine-month sales rose 2 percent and forecast full-year profit of at least 3.8 million euros ($5.2 million). Batenburg was unchanged at 19.65 euros.

ICT Automatisering NV (ICT NA): The software maker with operations in the Netherlands, Germany and Poland said third- quarter sales were about 23 million euros. ICT surged 4.6 percent to 4.60 euros.

Ordina NV (ORDI NA): The Dutch computer-services company raised 862,746 euros selling shares for 2.92 euros apiece to ING Corporate Investments, Delta Lloyd NV and NIBC as part of an underwriting agreement aimed at offsetting cash payments on its subordinated loan. Ordina rose 1.3 percent to 3.28 euros.

Belgian stocks:

Befimmo SCA (BEFB BB): Belgium’s second-biggest real-estate investment fund said fiscal full-year cash earnings fell 2.9 percent to 5 euros a share. Its net asset value increased 1.1 percent in the final quarter to 60.60 euros a share on Sept. 30. Befimmo added 0.4 percent to 65.04 euros.

D’Ieteren SA (DIE BB): The owner of the world’s largest vehicle-glass repair company raised its profit forecast for 2010 and said its third-quarter sales rose 9.9 percent. The company said pretax profit excluding special items will rise near 30 percent this year, up from a previous forecast of more than 25 percent. D’Ieteren climbed 2.6 percent to 421.12 euros.

Jensen-Group NV (JEN BB): The Belgian-Danish maker of heavy-duty laundry systems said third-quarter sales rose 44 percent to 49.9 million euros. Jensen-Group gained 3.4 percent to 10.65 euros.

Keyware Technologies NV (KEYW BB): The Belgian supplier of electronic-payment terminals reported a third-quarter profit of 89,000 euros and said it’s still in “non-binding” talks with potential buyers and partners. Keyware rallied 3.6 percent to 1.74 euros.

RealDolmen NV (REA BB): The Belgian computer-services firm created in a 2008 merger said first-half sales increased 1.6 percent. The shares dropped 1 percent to 15.20 euros.

Van de Velde NV (VAN BB): Belgium’s largest maker of luxury lingerie expects revenue growth for this year of about 6.5 percent excluding Intimacy stores. Profit growth for 2010 is healthy and Van de Velde targets earnings before interest, taxes, depreciation and amortization in excess of 49 million euros, also excluding Intimacy stores. Van de Velde advanced 1.3 percent to 38.75 euros.

Luxembourg stocks:

Foyer SA (FOY LX): The Leudelange, Luxembourg-based insurer agreed to sell its reinsurance unit to an undisclosed publicly traded buyer. Foyer, which didn’t reveal the financial terms of the transaction, said it will record a gain on the disposal. The shares increased 0.6 percent to 40.23 euros.

To contact the reporters on this story: John Martens in Brussels at jmartens1@bloomberg.net; Fred Pals in Amsterdam at fpals@bloomberg.net.

To contact the editors responsible for this story: Angela Cullen at acullen8@bloomberg.net; Will Kennedy at wkennedy3@bloomberg.net.

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