Accor, BioMerieux, EDF, Lafarge, Virbac: French Equity Preview
The following is a list of companies whose stocks may have unusual price changes in Paris. Symbols are in parentheses after company names and prices are from the last close.
France’s CAC 40 Index fell 0.9 percent to 3,976.71, while the broader SBF120 Index fell 0.9 percent.
Accor SA (AC FP): Europe’s largest lodging company said 2010 revenue rose to 5.95 billion euros ($8.02 billion), from 5.49 billion euros a year earlier, and raised its 2010 operating profit forecast to 440 million euros. The shares fell 0.9 percent to 34.67 euros.
BioMerieux SA (BIM FP): The maker of HIV and hepatitis tests said fourth-quarter revenue rose to 373.4 million euros from 328 million euros. The shares fell 0.7 percent to 74.50 euros.
EDF SA (EDF FP): France’s largest utility entered an agreement with Alstom SA (ALO FP) to participate in a government tender for domestic offshore wind projects. EDF fell 0.9 percent to 32.25 euros. Alstom fell 1.9 percent to 39.86 euros.
Lafarge SA (LG FP): Europe’s most indebted cement producer is drawing interest from buyout firms for its gypsum business, four people familiar with the situation said. The shares rose 0.6 percent to 47.3 euros.
Virbac SA (VIRP FP): The manufacturer of veterinary medicines said 2010 revenue rose to 572.5 million euros from 467.4 million euros. The shares fell 3.3 percent to 111.45 euros.
To contact the reporters on this story: Matthew Campbell in Paris at email@example.com;
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