ArcelorMittal, Nyrstar, Wolters Kluwer: 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.
ArcelorMittal (MT) : The world’s biggest steelmaker may report second-quarter earnings before interest, tax, depreciation and amortization of $3.24 billion ($4.7 billion), according to the average of 14 analyst estimates compiled by Bloomberg. The shares lost 2.9 percent to 22.18 euros.
Aperam (APAM NA): The stainless-steel maker spun off by ArcelorMittal said second-quarter net income fell to $2 million from $66 million a year earlier and forecast earnings will reach a trough in the current quarter. Aperam decreased 2.4 percent to 20.16 euros.
Royal Wessanen NV (WES NA): The maker of Beckers croquettes may report second-quarter sales of 193 million euros ($280 million), according to the average of four analyst estimates compiled by Bloomberg. The shares retreated 0.6 percent to 2.88 euros.
Wolters Kluwer NV (WKL) : Europe’s largest tax and legal publisher may report first-half profit excluding some items of 66 cents a share, according to the average of 11 analyst estimates compiled by Bloomberg. Wolters Kluwer gained 1.1 percent to 15.43 euros.
Econocom Group (ECONB) SA: The computer-services company that bought Societe Generale SA’s ECS unit said first-half revenue more than doubled to 765 million euros and maintained its forecast for full-year earnings before, interest, tax and special items of 56 million euros. The shares rose 0.6 percent to 15.92 euros.
Nyrstar (NYR) NV: The world’s biggest producer of refined zinc may say first-half profit excluding some items of 30 cents a share, according to the average of four analyst estimates compiled by Bloomberg. The shares were unchanged at 9.76 euros.