Camaieu, Etam, Fleury Michon, Kaufman: 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.
France’s CAC 40 Index added 0.8 percent to 4,006.23, while the broader SBF 120 Index rose 0.7 percent ton 3,003.29.
Camaieu (AMA) : The designer of women’s clothing reported first-quarter revenue rose 0.2 percent. The shares increased 0.1 percent to 212.49 euros.
Delta Plus Group (DLTA) : The maker of protective equipment including gloves and helmets said revenue in the first quarter rose 19 percent to 37.1 million euros. The company also reported a 162 percent increase in 2010 net income to 4.1 million euros, and predicted that sales will reach 150 million euros this year. The shares were unchanged at 28.50 euros.
Eurosic (ERSC) SA: The real estate investment trust controlled by Groupe BPCE via Nexity SA and Banque Palatine reported first-quarter sales of 19.2 million euros. The shares rose 0.2 percent to 32.10 euros.
Etam Developpement (TAM FP): The French lingerie maker said 2010 net income fell 7.4 percent to 18 million euros. In the first quarter, the company’s sales rose 9.8 percent to 336.6 million euros. Etam said it will not pay a 2010 dividend. The shares rose 2.7 percent to 33.74 euros.
Fleury Michon SA (FLE) : France’s biggest seller of cooked ham reported 2010 net income rose 12 percent to 16.6 million euros. The company said first-quarter sales rose 13 percent to 155.5 million euros. The shares increased 1.9 percent to 37.70 euros.
Kaufman & Broad SA (KOF) : The French real-estate developer said it expects sales to rise by about 10 percent in 2011 and net income to more than double. It said sales rose 19 percent in the first quarter to 232.9 million euros, and net income rose to 7.3 million euros from 1.4 million euros a year earlier. The shares retreated 0.2 percent to 24.50 euros.
To contact the reporter on this story: Gregory Viscusi in Paris at email@example.com.