German stocks - Factors to watch on May 8
08/05/2018 05:48
FRANKFURT, May 8 (Reuters) - The following are some of the
factors that may move German stocks on Tuesday:
ALLIANZ ALVG.DE
Allianz's chief executive officer suggested he was open to a
merger of equals, but also said lofty stock valuations stood in
the way of big deals, the Financial Times reported. urn:newsml:reuters.com:*:nL8N1SE4IP
BEIERSDORF BEIG.DE
Q1 sales figures due. Sales seen flat at 1.80 billion euros
($2.15 billion), with organic growth at 5.2 percent. Poll:
urn:newsml:reuters.com:*:nL8N1SE36N
CONTINENTAL CONG.DE
Full Q1 results due. The group published key figures on
April 27, with EBIT down 9 percent yr-on-yr. urn:newsml:reuters.com:*:nL8N1S46YC
DEUTSCHE POST DPWGn.DE
Q1 results due. EBIT seen up 8.5 percent at 960 million
euros. Poll: urn:newsml:reuters.com:*:nL8N1SA7XK
DEUTSCHE TELEKOM DTEGn.DE
U.S. Senators Amy Klobuchar, Elizabeth Warren and other
Democratic lawmakers expressed "serious concerns" on Monday
about T-Mobile US's TMUS.O plan to buy rival Sprint Corp
S.N , focusing on the planned deal's effect on lower-cost
wireless plans, Klobuchar's office said in a press statement.
urn:newsml:reuters.com:*:nL1N1SE1NW
E.ON EONGn.DE
Q1 results due. Adjusted EBITDA seen up 12 percent at 1.70
billion euros. Poll: urn:newsml:reuters.com:*:nL8N1SE1UD
LUFTHANSA LHAG.DE
Germany's Lufthansa ordered up to 16 new planes from Boeing
Co BA.N and Airbus AIR.PA , including four new 777 long-haul
planes and six A320ceo planes to make up for delivery shortfalls
in a newer version of the jet. urn:newsml:reuters.com:*:nL8N1SE5CJ
Separately, the head of its cargo business told
Boersen-Zeitung that he did not expect the unit could repeat the
"breathtaking" financial results it posted for 2017.
MUNICH RE MUVGn.DE
Full Q1 results due. The group published preliminary figures
on April 23, saying it expected to post quarterly profit of over
800 million euros and affirming its guidance. urn:newsml:reuters.com:*:nL8N1S0652
AXEL SPRINGER SPRGn.DE
Q1 results due. Adjusted EBITDA seen up 15 percent at 170
million euros. Poll: urn:newsml:reuters.com:*:nL8N1SE47E
EVONIK EVKn.DE
Q1 results due.
LEG IMMOBILIEN LEGn.DE
Q1 results due. FFO I seen up 1.8 percent at 76.6 million
euros. Poll: urn:newsml:reuters.com:*:nL8N1SE48U
HOCHTIEF HOTG.DE
German builder Hochtief, controlled by Spain's ACS ACS.MC ,
confirmed its 2018 profits guidance after reporting a 2.3
percent gain in first-quarter sales and a 13.9 percent increase
in operational net profits. urn:newsml:reuters.com:*:nL8N1SE4XT
SCHAEFFLER SHA_p.DE
Q1 results due.
SYMRISE SY1G.DE
Q1 results due. EBIT seen down 8 percent at 108 million
euros. Poll: urn:newsml:reuters.com:*:nL8N1SB2C8
UNIPER UN01.DE
Uniper said it would replace the boiler walls at its Datteln
4 hard-coal power plant, further delaying its commissioning to
summer 2020 and forcing the energy group to take a 270 million
euro ($322 million) impairment charge. urn:newsml:reuters.com:*:nASO0004EF
The company said, however, that the charge would not affect
its full-year outlook. It said it continued to anticipate
adjusted earnings before interest and tax (EBIT) of 0.8-1.1
billion euros in 2018.
First quarter adjusted EBIT was 350 million euros, down from
514 million euros a year earlier and slightly below the 362
million average forecast in a Reuters poll. Uniper is scheduled
to release full first-quarter results on Tuesday. Poll:
urn:newsml:reuters.com:*:nL8N1SE2B6
ZALANDO ZALG.DE
Q1 results due. Adjusted EBIT seen down 43 percent at 11.5
million euros. Poll: urn:newsml:reuters.com:*:nL8N1SE4A7
NEMETSCHEK NEKG.DE
The group is eyeing further acquisitions to take advantage
of the momentum in the industry, its CEO told Boersen-Zeitung.
DEUTSCHE BETELIGUNGS AG DBANn.DE
Full Q2 results due. The group warned on April 9 its net
profit would be substantially lower yr-on-yr. urn:newsml:reuters.com:*:nASO00032Y
ELRINGKLINGER ZILGn.DE
Q1 results due.
SGL GROUP SGCG.DE
Full Q1 results due. The group published preliminary figures
on April 24 and raised its 2018 net income guidance.
urn:newsml:reuters.com:*:nASO0003S1
SCOUT24 G24n.DE
Q1 results due.
WACKER NEUSON WACGn.DE
Q1 results due. Net income seen more than doubling to 19.4
million euros. Poll: urn:newsml:reuters.com:*:nL8N1SB25M
SPRINGER NATURE SPGG.DE
Offer period for IPO due to end. The price range has been
set at 10.50 to 14.50 euros.
NFON
NFON has reduced the price range for its IPO to between
11.93 and 14 euros, valuing the business at between 165 and 185
million euros. It has also extended the offer period by one day
and is now expected to end on May 9. urn:newsml:reuters.com:*:nASO0004BY
ANNUAL GENERAL MEETINGS
COMMERZBANK CBKG.DE - no dividend proposed
LUFTHANSA LHAG.DE - 0.80 eur/shr dividend proposed
CTS EVENTIM EVDG.DE - 0.59 eur/shr dividend proposed
FUCHS PETROLUB FPEG_p.DE - 0.91 eur/shr dividend proposed
RHEINMETALL RHMG.DE - 1.70 eur/shr dividend proposed
TALANX TLXGn.DE - 1.40 eur/shr dividend proposed
TAKKT TTKG.DE - 0.55 eur/shr dividend proposed
EX-DIVIDEND
HANNOVER RE HNRGn.DE - 5.00 eur/shr dividend
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.4 pct, S&P 500 .SPX +0.3 pct, Nasdaq
.IXIC +0.8 pct at close. .N
Nikkei .N225 +0.2 pct, Shanghai stocks .SSEC +0.9 pct.
Time: 4.48 GMT. .T .SS
GERMAN ECONOMIC DATA
German March industrial output due at 0600 GMT. Seen +0.8
pct m/m.
German March trade balance also due at 0600 GMT. Seen at
19.8 bln euros vs 19.2 bln, with imports +0.9 pct, exports +1.8
pct.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
($1 = 0.8389 euros)
(Reporting by Douglas Busvine and Maria Sheahan)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))