Air France, Alcatel, Publicis, Renault: 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.

Futures on France’s CAC 40 Index expiring in February slid 0.3 percent to 4,079 at 8:47 a.m. in Paris. The CAC 40 dropped 0.4 percent to 4,090.74 yesterday.

Air France-KLM Group (AF FP): Europe’s biggest airline reported an unexpected quarterly loss of 46 million euros ($63 million) and cut its full-year forecast after French strikes and weather disruptions caused it to cancel flights. Analysts had forecast a 60 million-euro profit in the company’s fiscal third quarter, based on the average of seven estimates. Sales increased 14 percent to 5.9 billion euros. The shares fell 1.1 percent to 13.61 euros.

Alcatel-Lucent SA (ALU FP): France’s largest telecommunications equipment maker posted fourth-quarter profit that beat analysts’ estimates as revenue surged in its networks division. The stock advanced 2.8 percent to 2.67 euros.

Christian Dior SA (CDI FP): The fashion company said 2010 net income rose to 1.26 billion euros from 695 million euros. The stock lost 0.7 percent to 107.20 euros.

Groupe Crit (CEN FP): The temporary employment services company said sales rose to 346.7 million euros in the fourth quarter from 298 million euros a year earlier. The shares rose 2.5 percent to 21.75 euros.

Lagardere SCA (MMB FP): The company said fourth-quarter revenue rose 3.6 percent to 2.15 billion euros. The stock fell 0.5 percent to 33.39 euros.

Lanson-BCC (LAN FP): The champagne maker said 2010 net income may increase as much as 20 percent from 2009 profit. The shares gained 0.7 percent to 57.90 euros.

Legrand SA (LR FP): The company said that it’s targeting an adjusted operating margin of at least 20 percent in 2011. The company reported 2010 net income of 418 million euros. The shares gained 2.2 percent to 30.15 euros.

Publicis Groupe SA (PUB FP): The owner of the Leo Burnett advertising agency said 2010 profit rose 31 percent because of increased revenue from North America and emerging markets and a return to growth in Europe. Net income for the year increased to 526 million euros, exceeding analyst estimates. The stock slipped 0.1 percent to 39.05 euros.

Renault SA (RNO FP): France’s second-largest carmaker will target an operating margin of more than 5 percent by 2013 after posting a full-year profit because of an emerging-market recovery and the sale of a Volvo AB stake. Renault posted net income of 3.42 billion euros, matching analysts’ estimates. The stock lost 1.7 percent to 48.58 euros.

Rubis SA (RUI FP): The oil products distributor said fourth-quarter sales jumped 51 percent to 412 million euros. The shares added 0.1 percent to 84.84 euros.

Sanofi-Aventis SA (SAN FP): The drugmaker could extend its offer for Genzyme Corp. for a third time when it expires on Feb. 15, Sanofi Chief Executive Officer Chris Viehbacher told French daily La Tribune in an interview. The stock slipped 1.6 percent to 50.34 euros.

Scor SE (SCR FP): The company will set aside a provision in its 2010 results for the floods and cyclones that struck Australia in December, said Victor Peignet, head of the Paris- based reinsurer’s property-and-casualty business. The stock slid 0.8 percent to 20.83 euros.

Somfy SA (SO FP): The maker of garage-door openers sold a stake in Agta Record to Assa Abloy AB for 109.8 million euros. Somfy said it made a 61.1 million-euro profit from the sale of the 33 percent stake. The shares fell less than 0.1 percent to 181.20 euros.

Unibail-Rodamco SE (UL FP): Europe’s largest publicly traded real-estate company said earnings excluding items were little changed last year as a result of disposals and the impact of an uneven economic recovery. Earnings will decline by 3 percent to 5 percent this year, Chief Financial Officer Peter van Rossum said on a conference call. The shares rose 1 percent to 141.90 euros.

To contact the reporters on this story: Mark Deen in Paris at markdeen@bloomberg.net; Adria Cimino in Paris at acimino1@bloomberg.net

To contact the editor responsible for this story: David Merritt at dmerritt1@bloomberg.net

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