Herms, Pernod Ricard, Technip Energies, Nokia, Tesla, IBM, Saipem…

Chief Editor

1900

follow on

Because financial information is eaten like pastries, hot and at breakfast time, Anthony Bondain gets up at dawn to serve you the Morning Meeting every morning.
A financial journalist and stockbroker for more than two decades, an inimitable columnist and phlegmatic leader, he is editor-in-chief of ZoneBourse.

Every morning, the Zonebourse team compiles and summarizes key information concerning listed companies around the world, in order to have access to the main news at the start of the stock market day. The content includes a section on France and the other on the main international markets, in particular American companies and those from major European markets (UK, Germany, Switzerland, Italy, Spain) and Asia-Pacific.

In France

Business results

  • Edenred: The group is revising its forecasts upwards after Q3.
  • Fnac Darty: Q3 revenues are down slightly. The medium-term objectives are reiterated.
  • Klépierre: The property company confirms its net current cash flow target of at least EUR 2.45 per share for 2022.
  • Pernod Ricard: The group is aiming for “dynamic” growth in 2022-2023 after a rather good fiscal Q1.
  • Hermès International: The group posted sales up 24.3% in Q3 with the rebound in sales in China.
  • Technip Energies: Q3 earnings are up sharply. The objectives are confirmed, excluding the Artic LNG 2 project.
  • Verallia: The group is raising its annual adjusted EBITDA target.

Important (and less important) announcements

  • BNP Paribas and Agricultural Bank of China join forces in wealth management in China.
  • Carrefour plans to place 41 stores under lease management in 2023.
  • Réalités launches the second tranche of its green bond.
  • Amoéba withdraws its biocide file in Canada to focus its resources on strategic priorities.
  • Hydrogène de France signs an agreement with the Indonesian authorities to explore the deployment of power plants in the country.
  • Other publications of the day: Getlink, Somfy, Gecina, Covivio, Tikehau, Aubay, Voltalia, Carmila, Stef, Rubis, Lisi, Drone Volt, Altheora, Savencia, Maurel, Netgem, Axway, Groupe Crit, Roche Bobois, Visiativ, GL Events , Guillin Group, Focus Entertainment, Voyageurs du Monde, Guerbet…

In the world

Business results

  • AB Volvo: Q3 results are below Bloomberg consensus expectations. However, the predictions are confirmed.
  • ABB: Operating profit is better than expected by the AWP consensus in the third quarter.
  • Alcoa: The results of the American aluminum producer are disappointing. The title lost 8% off session.
  • BE Semiconductor: The group expects a drop in its revenues in the fourth quarter.
  • Deutsche Börse: The stock market operator raises its outlook for the 2022 financial year after strong results in Q3.
  • Ericsson: Q3 operating profit is below expectations.
  • International Business Machines: The quarterly results are well received, with the stock gaining almost 3% outside the session.
  • Nokia: Q3 revenue is higher than expected.
  • Tesla: The reception is more than lukewarm for the quarterly, with a share that lost 6% outside the session.

Important (and less important) announcements

  • Saipem obtains a giant $4.5 billion contract from Qatargas for two offshore compression complexes.
  • Altria will receive approximately $2.7 billion from Philip Morris International in exchange for the transfer of exclusive US marketing rights to the IQOS system. Elsewhere, Philip Morris raised its bid for Swedish Match to SEK 116 per share.
  • EQT would be in the running for the takeover of the 45% held by Brookfield in TDF, according to Reuters.
  • Elon Musk shows he knows how to handle the oxymoron by rejoicing in the potential of Twitter but by feeling that he is paying too much for his new toy. Dirty kid.
  • AT&T is in talks with investors for the deployment of optical fiber, according to Bloomberg.
  • Australian bank Medibank was contacted by hackers after a hack last week.
  • Main publications of the day: Danaher, L’Oréal, Hermès, Philip Morris, AT&T, Blackstone, Kering, ABB, Pernod Ricard, AB Volvo, Nokia… The whole agenda here.

Readings

Zonebourse.com 2022

Leave a Comment