French President Nicolas Sarkozy will travel to the Petroplus oil refinery in Petit-Couronne with Finance Minister Francois Baroin at 11:30 a.m. Sarkozy will hold a speech to Petroplus employees at 12:50 p.m.
ALL TIMES CET
WHAT TO WATCH:
-- Alitalia SpA, the Italian airline 25-percent owned by Air France-KLM Group, reports full year earnings.
EARNINGS: -- Technicolor SA (TCH FP) 7:00am, FY adj. net loss EU13.6m -- Fonciere 6eme & 7eme Arr. (SRG FP) 5:30pm, FY adj. EPS EU0.88
ECONOMY: -- 8:45am: Consumer confidence (Feb.), est. 82 (prior 81) -- 6:00pm: Total Jobseekers (Jan.), no est. (prior 2874.5k) -- 6:00pm: Jobseekers- Net Change (Jan.), est. 30 (prior 29.7)
GOVERNMENT: -- 11:00 am: Prime Minister Fillon meets Belgian Premier di Rupo -- 3:45 pm: PM Fillon makes speech at Raon-l’Etape (Vosges) -- Finance Minister Baroin meets G20 counterparts in Mexico
EQUITY PREVIEW: -- CFAO (CFAO FP): The French importer of automotive products to Africa said net income rose 21 percent to 121.1 million euros last year. The company will pay a dividend of 86 euro cent per share, up 4.9 percent.
-- Eiffage SA (FGR FP): Chief Executive Officer Pierre Berger said net income of the French builder will rise in 2012 after falling 12 percent in 2011 as revenue will climb by 2 percent this year to 14 billion euros. The company is closing its construction activities in the Czech Republic and some units in Belgium and the Netherlands, and restructuring its public works unit in France. The CEO is targeting an operating margin of 4 percent to 5 percent at its public works unit in about three years.
-- Ingenico SA (ING FP): The French maker of payment terminals said net income rose 43 percent to 56.5 million euros. The company expects revenue growth on a comparable basis to rise by more than 8 percent in 2012, and expressed “confidence” in its ability to improve profitability.
MARKETS: -- CAC 40 ended little changed at 3,447.31 -- SBF 120 fell less than 0.1% to 2,626.72