Duvel, Macintosh Retail, PinguinLutosa: 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 in Amsterdam retreated 0.32, or 0.1 percent, to 356.38. Belgium’s Bel20 Index lost 17.22, or 0.7 percent, to 2,610.20. Luxembourg’s LuxX Index fell 0.6 percent to 1,446.55.

Dutch stocks:

Macintosh Retail Group NV (MACIN) : The owner of Dolcis and Manfield shoe stores plans to sell its 210 BelCompany and telefoonkopen.nl stores to Vodafone Group Plc for 120 million euros and will record a gain of as much as 90 million euros upon completion. Macintosh fell less than 0.1 percent to 18.90 euros.

Belgian stocks:

Duvel Moortgat NV (DUV BB): The brewer of Duvel and La Chouffe ales said net income rose 27 percent to 18.9 million euros last year. Profit of 3.58 euros a share beat the 3.50-euro average of three analyst estimates compiled by Bloomberg. Duvel Moortgat increased 1.1 percent to 75.99 euros.

Immo Moury SCA (IMMOU BB): Belgium’s smallest real-estate investment fund agreed to sell a property in the Belgian city of Tongeren for 1.3 million euros and said it will record a loss of 10 cents a share on the transaction. Immo Moury (IMMOU) declined less than 0.1 percent to 58.99 euros.

PinguinLutosa (PIN) NV: Europe’s second-biggest producer of frozen vegetables said net income fell 72 percent to 2.81 million euros last year and forecast earnings will increase this year. PinguinLutosa climbed 2.7 percent to 10.27 euros.

To contact the reporters on this story: John Martens in Brussels at jmartens1@bloomberg.net; Jurjen van de Pol in Amsterdam at jvandepol@bloomberg.net

To contact the editors responsible for this story: Angela Cullen at acullen8@bloomberg.net; Craig Stirling at cstirling1@bloomberg.net.

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