Beter Bed, D’Ieteren, Van de Velde: 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 (AEX) in Amsterdam decreased 1.1 percent to 278.49. Belgium’s Bel20 Index (BEL20) fell 0.9 percent to 2,181.30. Luxembourg’s LuxX Index (LUXXX) declined 1.1 percent to 1,125.77.

Dutch stocks:

Beter Bed NV (BBED) : Europe’s largest mattress retailer may report second-quarter sales of 85.8 million euros ($123.30 million) and earnings before interest and taxes of 3.53 million euros, according to the average estimate of three analysts surveyed by Bloomberg. The shares fell 0.7 percent to 15.40 euros.

Eurocommercial Properties NV (ECMPA) : The Dutch owner of shopping centers in France and Italy may report fiscal fourth-quarter earnings before interest, taxes, depreciation and amortization of 31 million euros, according to the average estimate of two analysts surveyed by Bloomberg. Eurocommercial fell 1.3 percent to 29.03 euros.

Belgian stocks:

Ablynx NV (ABLX) : The Belgian developer of drugs based on antibodies found in llamas, said its first-half net loss widened to 20.2 million euros from 15.3 million euros and forecast full-year revenue of 20 million euros to 25 million euros. The shares advanced 2.2 percent to 6.17 euros.

Cie. d’Entreprises CFE SA (CFEB BB): The construction firm that owns half of Dredging Environmental & Marine Engineering NV said profit declined 18 percent in the first half on losses from a canceled contract. CFE gained 0.2 percent to 38.70 euros.

Deceuninck NV (DECB) : Europe’s third-largest maker of plastic window frames is scheduled to report first-half results before the market opens. The shares rose 0.8 percent to 1.28 euros.

D’Ieteren SA (DIE) : Belgium’s biggest car dealer said first-half net profit rose 39 percent to 188.6 million euros, including the impact of the sale of rental business Avis Europe, and forecast full-year profit growth before tax of about 5 percent. The shares declined 0.1 percent to 36.65 euros.

Elia System Operator NV (ELI) : The owner of Belgium’s high-voltage power network reports first-half earnings before the market opens. Elia advanced 0.1 percent to 29.02 euros.

Punch International NV (PUN) : The majority owner of Punch Graphix NV (PGX NA) and Punch Telematix NV (PTX BB) will deliver a first-half business update. Punch International shares fell 1 percent to 2.95 euros.

Sofina SA (SOF) : The investment firm controlled by Belgium’s Boel family reports first-half earnings after the close of trading. Sofina decreased 1 percent to 62.58 euros.

TiGenix NV (TIG) : The developer of treatments for damaged joints said its first-half net loss widened to 13 million euros on a 50 percent drop in revenue and charges related to the merger with Cellerix SA. TiGenix shares advanced 2.9 percent to 72 cents.

Van de Velde NV (VAN BB): Belgium’s largest maker of luxury lingerie is scheduled to report results before the market opens. Van de Velde shares retreated 1.1 percent to 37 euros.

To contact the reporters on this story: Jurjen van de Pol in Amsterdam at jvandepol@bloomberg.net; Jones Hayden in Brussels at jhayden1@bloomberg.net.

To contact the editors responsible for this story: Angela Cullen at acullen8@bloomberg.net; James Ludden at jludden@bloomberg.net.

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