Econocom, ING Groep, SNS Reaal, Stern: 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 AEX-Index (AEX) in Amsterdam dropped 4.89, or 1.4 percent, to 343.2. Belgium’s Bel20 Index (BEL20) fell 42.52, or 1.7 percent, to 2,522.96. Luxembourg’s LuxX Index (LUXXX) lost 1.4 percent to 1,400.26.

Dutch stocks:

HES Beheer NV (HES NA): The Dutch provider of port services said full-year net income rose to 21.9 million euros ($30.5 million) from 16.7 million euros a year earlier. HES Beheer advanced 1 percent to 34.75 euros.

Hunter Douglas NV (HDG) : The world’s biggest maker of window blinds had a full-year profit of $153 million. Company is cautious about outlook Europe and North America. Shares rose 3.8 percent to 36.90 euros.

ING Groep NV (INGA) , SNS Reaal NV (SR NA): Dutch banks will have to pay about 400 million euros annually to create a deposit-guarantee fund, Finance Minister Jan Kees de Jager said. Banks will pay a premium equal to 0.1 percent of their deposits, starting in July 2012, De Jager said. ING, the biggest Dutch financial-services company, declined 2.4 percent to 8.39 euros. SNS dropped 0.3 percent to 3.62 euros.

Royal Boskalis Westminster (BOKA) : The world’s biggest dredging company had a full-year profit of 311 million euros, topping the average analyst forecast of 293 million euros. Shares fell 2.2 percent to 33.91.

Stern Groep NV (STRN) : The largest Dutch car dealer reported full-year net income of 10.2 million euros and will resume distribution of a dividend at 1 euros a share, 30 percent of which is payable in stock. Stern decreased 1.4 percent to 22.25 euros.

Belgian stocks:

Econocom Group SA (ECONB) : The computer-services company that bought Societe Generale SA’s ECS unit for 192.8 million euros in cash and stock said full-year net income rose 42 percent to 28.8 million euros and forecast earnings before interest, tax and one-time items will increase to about 56 million euros this year. Econocom fell 4 percent to 14.10 euros.

Fluxys SA (FLUX) : The manager of Belgium’s natural-gas grid will pay a final dividend of 220 euros a share and said it plans to maintain the distribution next year, not taking into account the extraordinary interim dividend of 228 euros a share in December 2010. Fluxys retreated 0.1 percent to 2,310 euros.

Jensen-Group NV (JEN) : The maker of heavy-duty laundry systems reported 2010 net income surged 70 percent to 8.5 million euros and said the value of outstanding orders as of Dec. 31 decreased by 11 percent from a year earlier. Jensen-Group climbed 5 percent to 10.55 euros.

To contact the reporters on this story: Maud van Gaal in Amsterdam at mvangaal@bloomberg.net; John Martens in Brussels at jmartens1@bloomberg.net.

To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net; Angela Cullen at acullen8@bloomberg.net.

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