French and Benelux stocks-Factors to watch (updated)

Believe SA

25/04/2024 06:55

(Adds Sanofi, Pernod, Atos, Dassault Systemes)
       April 25 (Reuters) - Below are company-related news and
stories from France and Benelux which could have an impact on
the region's markets or individual stocks.
    
    ATOS  ATOS.PA 
        Struggling French IT consulting firm on Thursday said a
review of its 2024-2027 business plan would lead 
    to an increased need for cash and potentially additional
debt reduction
    , forcing it to update the parameters of its refinancing
plan in the coming days.
  
        
  
    BNP PARIBAS  BNPP.PA 
    The French bank, euro zone's biggest, reported a fall in
first-quarter profit and revenue on Thursday but beat analyst
forecasts, as lower expenses and a strong performance in its
corporate banking business offset flat or falling revenues
elsewhere.
    
    CARREFOUR  CARR.PA 
    Supermarket giant Carrefour is spending more on price cuts
as it tries to win back market share, the company said on
Wednesday as it announced a slight dip in sales in its core
market of France.
    
    CASINO  CASP.PA 
    Supermarket chain Casino said on Wednesday its first-quarter
sales remained negative but showed a slight improvement as it
announced earlier the same day it would cut up to 3,267 jobs to
tackle its financial problems.
    
    DASSAULT SYSTEMES  DAST.PA  
    French software maker reported on Thursday a rise of 6% in
first-quarter revenue, supported by growth in its software
business, but the number came in slightly below analysts'
estimates.
    
    MICHELIN  MICP.PA 
    French tyre maker Michelin reported on Wednesday a 4.6%
decrease in sales, slightly below expectations, citing a decline
in volumes mainly in its truck and speciality tyres division due
to weaker demand.
    
    PERNOD RICARD  PERP.PA 
        French spirits group reported on Thursday 
    weaker-than-expected sales in the third quarter
    , as its key Chinese and U.S. markets remained under strong
pressure.
  
        
  
    
    SANOFI  SASY.PA 
        The French drugmaker said on Thursday 
    first-quarter operating income declined 14.7%
     as unfavourable currency effects and cheap competition to
multiple sclerosis drug Aubagio outweighed rising sales of
anti-inflammatory drug Dupixent.
  
        
  
    
    STMICROELECTRONICS  STMPA.PA 
    Sees 2024 revenuesbetween 14 billion and 15 billion dollars 
    
    VOLTALIA  VLTS.PA 
    French renewable power producer Voltalia on Wednesday
reported revenues at 111 million euros for the first quarter and
confirmed its 2024 objectives.
    
    BELIEVE  BLV.PA 
    French digital music company Believe on Wednesday confirmed
its organic growth target for 2024 as it posted revenues of
230.3 million euros in the first quarter.
    
    FNAC DARTY  FNAC.PA 
    French retailer Fnac Darty on Wednesday reported revenues of
1.79 billion euros in the first quarter and confirmed its 2024
targets.
    

Pan-European market data:
European Equities speed guide................... EUR/EQUITY 
FTSE Eurotop 300 index.............................. .FTEU3 
DJ STOXX index...................................... .STOXX 
Top 10 STOXX sectors........................... .PGL.STOXXS 
Top 10 EUROSTOXX sectors...................... .PGL.STOXXES 
Top 10 Eurotop 300 sectors..................... .PGL.FTEU3S 
Top 25 European pct gainers....................... .PG.PEUR 
Top 25 European pct losers........................ .PL.PEUR 

Main stock markets:
Dow Jones............... .DJI   Wall Street report ..... .N 
Nikkei 225............. .N225   Tokyo report............ .T 
FTSE 100............... .FTSE   London report........... .L 
Xetra DAX............. .GDAXI   Frankfurt items......... .F 
CAC-40................. .FCHI   Paris items............ .PA 
World Indices..................................... 0#.INDEX 
Reuters survey of world bourse outlook......... EQUITYPOLL1 
European Asset Allocation........................ EUR/ASSET 

Reuters News at a glance:
Top News............. TOP/NEWS 
Equities.............. TOP/EQE 
Main oil report........... O/R 
Main currency report..... FRX/ 

 ((Gdansk Newsroom: +48 58 769 66 00;
Paris Equities: +33 1 49 49 54 52))