Mersen, NRJ, Seche, Ubisoft, Unibail: French Equity Preview

The following is a list of companies whose shares may have unusual changes in Paris. Stock symbols are in parentheses after company names. Share prices are from the last close.

France’s CAC 40 Index rose 25.90, or 0.8 percent, to 3493.92. The SBF 120 Index also gained 0.8 percent.

Mersen (MRN FP): The world’s biggest maker of brushes for electrical motors said second-quarter revenue rose 29 percent. The maker of industrial fuses and anti-corrosion equipment reiterated its targets for 2010 of “organic” sales growth and an increase in its operating margin before non-recurring items. The company is considering more “small” acquisitions, Chief Financial Officer Thomas Baumgartner said. The stock fell 0.8 percent to 26.50 euros.

NRJ Group (NRG FP): The radio station owner said first-half revenue fell 0.6 percent to 165.2 million euros from 166.2 million euros a year earlier. The shares rose 3.5 percent to 6.47 euros.

Seche Environnement SA (SCHP FP): The waste-management company has no plans to buy control of Saur, France’s third-biggest water company, “in the foreseeable future,” Chief Executive Officer Joel Seche said. Seche has an option to take control of Saur that runs until May 2012. The stock gained 1 percent to 53.24 euros.

Ubisoft Entertainment SA (UBI FP): Societe Generale de Financement du Quebec bought 4.3 million Ubisoft shares, equivalent to a 4.5 percent capital stake, for about C$40 million, the company said. The shares slipped 0.8 percent to 6.80 euros.

Unibail-Rodamco SE (UL FP): Europe’s largest publicly traded real estate company, plans to distribute 1.8 billion euros to investors after it raised cash from disposals. First-half recurring profit rose 0.4 percent to 4.7 euros a share, it said. The shares climbed 2.8 percent to 140.10 euros.

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