FRANCE DAYBOOOK: Hollande at U.K.-France Summit; Consumer SpendiVidya Root and Andrea Rothman
French President Francois Hollande will attend the UK-France space-collaboration summit at Brize-Norton.
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WHAT TO WATCH: * French consumer spending figures to be released by national statistics office Insee.
ALL TIMES CET
EARNINGS: * Alten (ATE FP), 7:00am, 4Q rev. * ST Dupont (DPT FP), 5:30pm, 3Q rev.
ECONOMY: * 8:45am: Consumer Spending M/m, est. -0.4% (prior: 1.4%) * 8:45am: Consumer Spending Y/y, est. 0.9% (prior: 1.5%) * 8:45am: PPI M/m, est. 0.1% (prior: 0.5%) * 8:45am: PPI Y/y, est. -0.2% (prior: -0.6%)
GOVERNMENT: * President Hollande attends U.K.-France summit at Brize-Norton airbase, near Oxford * 10:00am: Bank of France Governor Noyer speaks at a conference in Budapest * 12:00pm: Industry Minister Montebourg visits Habitat France design studio in Paris * 12:45pm: U.K.-France joint press conference after summit * 4:30pm: Prime Minister Ayrault visits Sillon de Bretagne office and residential complex at Saint-Herblain, near Nantes
CORPORATE EVENTS/CONFERENCES: * Annual meetings: BEN FP, IGE FP
EQUITY PREVIEW: * ADLPartner SA (ALP FP): The media services company said 2013 revenue was 112 million euros compared with 114 million euros in the year earlier. * Areva SA (AREVA FP): The world’s biggest builder of nuclear reactors posted full-year revenue of 9.3 billion euros vs analyst estimate of 9.92 billion euros. * Beneteau SA (BEN FP): The boat maker sees full-year 2014 revenue of 815 million euros and operating profit of 12 million euros. * Faiveley Transport (LEY FP): The transport systems company 3Q revenue 235 million euros vs 249 million. It confirms full-year targets. * LVMH Moet Hennessy Louis Vuitton SA (MC FP): The world’s largest luxury-goods maker reported a 2 percent gain in annual profit as growth in fashion and leather-goods sales rebounded in the fourth quarter and the company’s CEO said at a presentation that no M&A activity is planned. * Manitou BF SA (MTU FP): The industrial equipment company posted 4Q revenue of 303 million euros vs 306 million euros. * Norbert Dentressangle (GND FP): The trucking services company’s 2013 sales rose to 4.03 billion euros from 3.88 billion euros. It sees Ebita at close to year-ago level. * Renault SA (RNO FP): The carmaker raised the goal for combined savings from its 15-year-old alliance with Nissan Motor Co. by 7.5% to “at least” 4.3 billion euros.
MARKETS: * CAC 40 up 0.6% at 4180.02 * SBF 120 up 0.4% at 3258.32
BLOOMBERG TV: * 10:10am: French Institute of Foreign Relations’ Head of Security Etienne de Durand on drone accord