Atos Origin, Sanofi-Aventis, SocGen: French Equity Preview
The following companies’ shares may be active in Paris. Symbols are in parentheses after company names and prices are from the last close.
February futures on France’s CAC 40 Index advanced 0.3 percent to 4,122 at 8:12 a.m. in Paris. The CAC 40 gained 13.72, or 0.3 percent, to 4,110.34 yesterday. The SBF 120 Index rose 0.2 percent.
Aeroports de Paris (ADP FP): The operator of the French capital’s main airports said January passenger traffic rose 5.5 percent to 6.24 million. The shares fell 0.5 percent to 64.51 euros.
Ales Group (ALPHY FP): The maker of Laboratoires Lierac cosmetics said 2010 sales rose to 173 million euros ($234 million) from 164.7 million euros. The shares dropped 0.4 percent to 14.93 euros.
Atos Origin SA (ATO F): France’s second-biggest provider of computer services said full-year profit more than tripled to 116 million euros, beating analysts’ estimates, aided by higher margin offerings. The stock slipped 0.5 percent to 41.36 euros.
Bic SA (BB FP): The world’s biggest maker of disposable pens had fourth-quarter net income of 46.6 million euros, compared with 32.4 million euros a year earlier, the company said. The stock rose 0.1 percent to 64.32 euros.
Eurosic SA (ERSC FP): The real estate investment trust controlled by Groupe BPCE via Nexity SA and Banque Palatine reported 2010 net income rose of 89.3 million, compared with a net loss of 117.8 million euros a year earlier. The shares added 2.4 percent to 31.49 euros.
Eutelsat Communications (ETL FP): The world’s third-largest satellite company said it signed a 12-year contract with Mediaset for its Hot Bird satellite. The shares fell 0.3 percent to 28.90 euros.
Haulotte Group (PIG FP): The company’s revenue rose to 250 million euros in 2010 from 202 million euros a year earlier, the company said. The stock fell 0.3 percent to 14.59 euros.
Heurtey Petrochem SA (ALHPC FP): The maker of refining equipment said 2010 sales rose to 235 million euros from 201 million euros a year earlier. The shares fell 0.2 percent to 26.03 euros.
Imerys SA (NK FP): The world’s biggest producer of minerals used to whiten paper and add colors to paint said full-year net income rose to 240.8 million euros from 41.3 million euros a year earlier. Chief Financial Officer Michel Delville said the company may be interested in buying a talc unit put up for sale by Rio Tinto Plc. The shares dropped 1.6 percent to 51.64 euros.
Lagardere SCA (MMB FP): The media group’s initial public offering of Canal Plus France may raise more than 1.35 billion euros, exceeding Lagardere’s earlier expectations, two people with knowledge of the matter said. The shares rose less than 0.1 percent to 33.08 euros.
M6 Metropole Television SA (MMT FP): The television company said full-year net income rose 13 percent to 157.10 million euros as sales increased to 1.45 billion euros from 1.37 billion euros. The company said it will pay a dividend of 1 euro per share. The shares dropped 0.5 percent to 18.11 euros.
Mr. Bricolage SA (MRB FP): The home improvement store chain said 2010 sales rose to 564.7 million euros from 547.5 million euros a year earlier. The shares retreated 0.2 percent to 14.41 euros.
Orpea (ORP FP): The company had 2010 revenue of 964.2 million euros, up 14 percent from year-earlier levels, and is targeting sales of 1.21 billion euros for 2011, Orpea said. The stock gained 0.6 percent to 34.60 euros.
Sanofi-Aventis SA (SAN FP): The drugmaker agreed to buy Genzyme Corp., ending a nine-month pursuit of the U.S. biotechnology company with a sweetened offer of at least $20.1 billion that gives France’s biggest drugmaker treatments for rare diseases. The shares dropped 0.3 percent, to 49.80 euros.
Societe Generale SA (GLE FP): France’s second-largest lender said fourth-quarter profit quadrupled to 874 million euros, beating analyst estimates, helped by a turnaround at its Russian unit and on fewer writedowns at the corporate and investment bank. The stock gained 2.2 percent to 48.87 euros.
To contact the reporter on this story: Vidya Root in Paris at email@example.com
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