CMB, Resilux, Telegraaf Media, Zetes: 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 advanced 0.9 percent to 283.64. Belgium’s Bel20 Index rose 0.5 percent to 2,212.61. Luxembourg’s LuxX Index declined 0.2 percent to 1,141.34.

Dutch stocks:

Hal Trust (HAL) : HAL Holding NV, the Dutch investment company that controls optical retailer GrandVision BV and furniture maker Royal Ahrend NV and is owned by Hal Trust, said first-half net income rose 52 percent to 305 million euros ($440 million). Hal Trust lost 3 percent to 81.34 euros.

Telegraaf Media Groep NV (TELEG) : The Dutch newspaper publisher agreed to buy 200,000 own shares for 10 euros apiece in a block trade as part of a buyback program. Telegraaf Media Groep dropped 5.3 percent to 9.80 euros.

Belgian stocks:

Cie. Maritime Belge SA (CMB BB): The owner of dry-bulk shipping company Bocimar International NV maintained its interim dividend at 28 cents a share after saying that first-half net income fell to 19.1 million euros. The shares advanced 0.5 percent to 17 euros.

Resilux (RES) NV: The Belgian plastic bottle mold maker said first-half net income rose 7.1 percent to 7.57 million euros and forecast full-year earnings before interest, tax, depreciation and amortization will be little changed from last year’s 28.2 million euros. The shares added 1.2 percent to 55.12 euros.

Sapec (SAP) SA: The Belgian company with holdings on the Iberian Peninsula reported first-half net income of 3.71 million euros compared with a loss of 864,000 euros a year earlier. The shares fell 1.6 percent to 46.20 euros.

Spector Photo Group NV (SPEC BB): The photography company that owns the Photo Hall stores reported a first-half net loss of 1.26 million euros and said the outlook for its retail unit remains uncertain. The shares were unchanged at 56 cents.

Zetes Industries SA (ZTS) : The maker of Belgium’s electronic identity cards said first-half net income climbed 20 percent to 2.8 million euros and forecast full-year earnings will be “in line” with last year’s. The shares dropped 1.4 percent to 16.10 euros.

To contact the reporters on this story: John Martens in Brussels at jmartens1@bloomberg.net; Martijn van der Starre in Amsterdam at vanderstarre@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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