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Accor, EDF, Manitou, Orpea, Vivendi: French Equity Preview

July 21 (Bloomberg) -- France’s CAC 40 Index fell 18.31, or 0.5 percent, to 3,468.02. The SBF 120 Index also dropped 0.5 percent.

The following shares rose or fell in Paris. Stock symbols are in parentheses.

Accor SA (AC FP): Europe’s largest hotel company said first-half revenue rose 6 percent to 2.85 billion euros as occupancy improved. The shares added 0.8 percent to 23.19 euros.

Aufeminin.com SA (FEM FP): The operator of Internet sites targeted at women said first-half revenue rose to 19.2 million euros from 13.6 million euros a year earlier. The shares fell 0.6 percent to 15.90 euros.

Electricite de France SA (EDF FP): Europe’s biggest electricity generator plans to place half the French power grid into a fund to help pay for the dismantling of nuclear reactors, according to a person familiar with the project. The shares rose 0.5 percent to 30.63 euros.

Hi-Media SA (HIM FP): The direct-marketing and online advertising company said first-half sales rose 46 percent to 108.6 million euros. The shares gained 1.4 percent to 4.46 euros.

LVL Medical Groupe SA (LVL FP): The medical equipment supplier and maintenance company said nine-month revenue rose to 113.9 million euros from 99.8 million euros a year earlier. The shares fell 0.6 percent to 15.70 euros.

Manitou BF (MTU FP): The industrial-vehicle maker said second-quarter revenue rose to 225 million euros, from 165.9 million euros a year earlier, and forecast a slowdown in orders for the second half. The shares gained 1.3 percent to 11.68 euros.

Orpea SA (ORP FP): France’s largest commercial retirement-home operator, said first-half sales rose 16 percent to 470 million euros and confirmed its revenue targets through 2012. The stock rose 0.5 percent to 31.22 euros.

Rexel SA (RXL FP): The electrical equipment distributor has entered into a six-year, $50 million contract with IT outsourcers CGI Group Inc. The shares retreated 2.9 percent to 11.25 pence.

Sword Group (SWP FP): The management consulting firm said second-quarter operating profit rose to 8.45 million euros from 8.3 million euros a year earlier. The shares rose 3 percent to 23.59 euros.

Valeo SA (FR FP): Shareholder Pardus Capital Management LP cut its voting stake in the auto-parts supplier to 9.72 percent, the French stock market regulator said. The shares fell 1.7 percent to 22.94 euros.

Vetoquinol (VETO FP): The drug testing company said operating profit for the second-quarter of 2010 rose to 138 million euros, up 15 percent from a year earlier. The stock retreated 0.2 percent to 25.43 euros.

Vivendi SA (VIV FP): The world’s largest video-games supplier and music company asked banks for a 1 billion-euro credit line to refinance existing debt, according to two people involved in the discussions. The shares declined 0.9 percent to 17.05 euros.

To contact the reporter on this story: Laurence Frost in Paris at lfrost4@bloomberg.net

To contact the reporter on this story: Francesca Angelini in London fangelini1@bloomberg.net.

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