April Group, Burelle, Linedata: French Equity Preview
Stock Chart for Burelle SA (BUR)
The following companies’ shares may be active in Paris. Symbols are in parentheses after company names and prices are from the last close.
France’s CAC 40 Index (CAC) slipped 29.73, or 0.8 percent, to 3,812.97. The SBF 120 Index declined 0.7 percent.
April Group (APR) : The Lyon-based insurance broker said its first-half revenue advanced 1.3 percent to 377.8 million euros. The stock dropped 0.4 percent to 17.40 euros.
Aures Technologies (AURS) : The distributor of automated teller machines and car-parking pay points said second-quarter sales increased to 8.83 million euros from 8.24 million euros. The shares were unchanged at 29.40 euros.
Burelle SA (BUR) : The maker of plastic playground equipment and car parts said first-half net income climbed 35 percent to 52.8 million euros. The company forecast a sharp rise in full-year earnings. Burelle shares jumped 6.3 percent, to 268.93 euros.
Cafom SA (CAFO) : The distributor of household furnishings said net income for the 12 months ended March 31 rose to 7 million euros, from 6.5 million euros the previous year. Cafom stock was unchanged at 12.50 euros.
Diagnostic Medical Systems SA (DGM FP): The French maker of X-ray bone measure devices for osteoporosis said second-quarter sales rose 15 percent to 4.7 million euros. The company said it will meet a previously announced target of full-year sales of more than 20 million euros and a “clear reduction” in 2011 losses. The stock fell 3 percent to 32 euro cents.
Klepierre (LI) SA: Europe’s second-largest shopping- center owner said profit was little changed in the first half as disposals and lackluster consumer spending curbed growth in rental income. The stock gained 0.9 percent to 27.42 euros.
Linedata Services (LIN) : France’s largest maker of financial software for leasing and credit companies said first- half revenue dropped 8.3 percent to 64 million euros. Linedata rose 1.7 percent to 11.65 euros.
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