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AB Science, Aggreko, Naturex, SABMiller: European Equity Preview

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Aug. 26 (Bloomberg) -- The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses.

The Stoxx Europe 600 Index fell 1.2 percent to 227.07. The Stoxx 50 Index dropped 1.3 percent to 2,159.81. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, declined 1 percent to 2,216.70.

AB Science SA (AB FP): The French drugmaker plans to sell 7.5 million euros ($10.8 million) of convertible bonds. The bonds will pay interest of 1.25 percent and are convertible into stock at a price of 12.65 euros a share. The shares gained 15 percent to 7.85 euros.

Ablynx NV (ABLX BB): 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.

Aggreko Plc (AGK LN): The world’s largest provider of mobile-power supplies raised its forecast for underlying profit growth this year after winning contracts in countries such as Japan, Russia and Iraq. The stock rose 0.1 percent to 1,765 pence.

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.

D’Ieteren SA (DIE BB): 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.

Naturex (NRX FP): The producer of natural vegetable ingredients and extracts said first-half net income rose to 9.7 million euros from 7.6 million euros. The stock rose 0.5 percent to 53.58 euros.

Royal Dutch Shell Plc (RDSA LN): Europe’s largest oil company is planning to continue to export Syrian oil in September in the face of new U.S. sanctions and a looming EU embargo, according to Reuters. The stock fell 1.5 percent to 1,943.5 pence.

SABMiller Plc (SAB LN): The world’s second-largest brewer by volume hired 10 banks to raise loans for its hostile $12.5 billion bid to take over Foster’s Group Ltd., according to a person with direct knowledge of the deal. The stock fell 0.7 percent to 2,108.5 pence.

To contact the reporter on this story: Whitney Kisling in New York at wkisling@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

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