Air France, EDF, Veolia, Lafarge, Nexity: French Equity Preview
Stock Chart for Air France-KLM (AF)
The following companies’ shares may be active in Paris. Stock symbols are in parentheses after company names and prices are from the last close.
April futures on France’s CAC 40 Index (CAC) added 0.8 percent at 8:20 a.m. in Paris.
The CAC fell 0.5 percent to 4,028.30 yesterday. The broader SBF 120 fell 0.6 percent to 3,022.99.
Air France-KLM (AF) Group: The largest French airline said it will resume direct flights to Tokyo. Separately, passenger traffic rose 1 percent in March, the company said. The shares fell 0.1 percent to 11.63 euros.
Cegid Group (CGD) : The information technology company said first quarter sales rose 6 percent from a year earlier to 61.5 million euros. The shares rose 3.6 percent to 23.29 euros.
Electricite de France SA (EDF FP): The shares are suspended at the company’s request pending a statement, Euronext said in a notice. The stock slipped 0.6 percent to 27.38 euros.
Gifi (IGF) : The discount chain plans to cancel 182,576 shares. The stock was unchanged at 62.00 euros.
Lafarge (LG FP): The world’s largest cement maker has mandated BNP Paribas and Citigroup Inc. to study a sale of its plaster unit, Reuters reported, citing sources close to the matter. The European arm of the plaster division has attracted bid interest from private equity funds, Reuters said. The shares fell 0.3 percent to 45.11 euros.
Nexity SA (NXI) : The real estate company will issue as many as 160,000 new shares for workers. The shares fell 1.3 percent to 34.73 euros.
Veolia Environnement SA (VIE) : The utility signed a 2.5 billion-euro multi-currency syndicated five-year loan with a group of 31 banks and a 500 million-euro three-year loan in eastern European currencies, both to refinance existing debt. The shares fell 0.1 percent to 21.78 euros.
To contact the editor responsible for this story: Vidya Root in Paris at email@example.com
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