French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. French IT company, struggling to survive, reported on Thursday a 4.4% drop in organic revenue for the third quarter. It blamed softer market conditions but also said that it saw an improvement in order entry. Bic, a French pencil maker, has raised its outlook for margins in light of Q3 results. In light of Q3 results, the company upgraded its outlook for organic revenue growth in full-year.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The largest food retailer in Europe has maintained its financial targets for 2024. The French luxury goods group warned that its operating income for the full year would almost halve following a steeper-than-expected decline in sales during the third quarter. Sales of French tyre makers in the third quarter fell by 4.2%. This was slightly below market expectations because of weaker demand.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Documents dated Monday show that funds managed by Brazilian investment firm BTG Pactual were granted preliminary approval Friday by the country's antitrust regulatory body to purchase the hotel operations in Brazil of AccorInvest for 1.7 billion reais (300 million dollars). FDJ stated that it would retain 98.60% Kindred following the extension of the public tender offer.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The French government released its budget for 2025 on Thursday. It included plans to cut spending by 60 billion euros and increase taxes on wealthy individuals and large companies in order to reduce a spiraling fiscal deficit. The French engineering company GTT announced on Thursday that Dalian Shipbuilding Industry Company had ordered the design of two new LNG carriers.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. Le Monde reported that France's new Premier Michel Barnier was considering a temporary rise in corporate tax for the biggest companies of France, as well as taxation on share buybacks. Bloomberg News, citing sources familiar with the issue, reported that on Sunday, October 4, the European Union plans to vote whether or not to impose tariffs on imported Chinese electric vehicles.
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The Dutch government announced that it has completed the sale of a part of its ABN AMRO shareholdings. Issued 500 million euros ten-year maturity bond. The company said it would upgrade the APM system at Las Vegas Harry Reid Airport. Offer of 600 million euros in senior notes at 4.750% due 2029. The French energy…
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. In a presentation to investors published on Monday, BNP Paribas BNPP.PA, a French bank, confirmed its financial path for 2024. The bank expects annual revenue growth in excess of 2%, while adding that streamlining operations remains a priority. Exmar has published a consolidated period result (IFRS) of $69.5 million for H1.
Belgium Players Join Forces Hydrogen Transportation
The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results.That is why Deme, Engie, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge and WaterstofNet are joining forces. A joint study serves as a basis to coordinate delivery of concrete projects that shape the production, transport and storage of hydrogen.In a hydrogen economy…
CMHI, DNV GL Ink LoI for Two Jack-ups
DNV GL announced it has signed a letter of intent (LoI) with shipyard China Merchants Heavy Industry (Jiangsu) Co., Ltd (CMHI) for the classification of two multi-activity jack-up units at the Offshore Technology Conference (OTC) in Houston.Ordered by OOS Energy B.V., which is affiliated with Netherlands-based Overdulve Offshore Services (OOS) International, these 96 m long units will be purpose-built for the decommissioning market.
SBM Offshore Dividend Returns in 2015
SBM Offshore has reported revenue and net debt reduction in line with expectations. Although industry challenges have led to continued postponement of client investment decisions, the Company's predominant activity of leasing, operating and maintaining FPSOs is generating positive cash flows. Consequently, following a five year hiatus, a cash dividend payment of US$0.21 per share is being proposed. Additionally, discussions with Brazilian authorities have progressed to the point of making a compliance settlement provision.
Kuwait Petroleum Aims to Boost Outlets for Its Fuels in Europe
Kuwait Petroleum International (KPI) is planning more investments in Europe, including into storage terminals and other oil-related facilities to help to provide more outlets for the fuels it produces. Khaled Al-Mushaileh, KPI's vice president Europe, told the Platts refining conference in Brussels that his company views Europe as an important market and plans to expand in retail and downstream sectors. KPI, a subsidiary of Kuwait's national oil company Kuwait Petroleum Corporation…
EU Energy Integration Edges Closer
Devil is in detail of implementing broad goals; national plans should complement regional plans. European energy ministers on Monday signed three accords on closer power and gas ties but differences remained over implementing a single energy market and 2030 green fuel goals. The European Commission, the European Union executive, has used the political crisis with the bloc's biggest energy supplier, Russia, to focus on creating…
Hofste, Montijn Nominated to Supervisory Board Fugro
Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory Board at the Annual General Meeting of Shareholders (AGM) to be held on 30 April 2015. Mrs. P. (Petri) H.M. Hofsté (1961) has held senior financial management positions at different organisations. She was a partner at KPMG before she was appointed group controller and later deputy chief financial officer at ABN AMRO Bank.
Seacontractors Milestone with Three Damen Workboats
Customized vessels demonstrate capabilities in demanding global markets. Seacontractors has expanded its workboat fleet with three new orders at Damen Shipyards Group, including the maritime services provider’s ninth vessel from the Shoalbuster range, a Damen Shoalbuster 3209. In addition, Seacontractors’ order for two Stan Tugs makes it the launching customer for the new 70-tonne bollard pull STu 3011 design. Extensive customisations increase the multifunctional design’s capacity for anchor handling and firefighting.
UGI Corp Hold Talks for TOTALGAZ Takeover
Total today announced that it has entered into exclusive negotiations with UGI Corporation*, the parent company of Antargaz, after having received a firm offer from the U.S. company to acquire all outstanding shares of Totalgaz, the Group’s liquefied petroleum gas (LPG) distributor in France. The transaction under consideration is aligned with Total’s strategy of assertively managing its asset portfolio. “Within the specific context of the European LPG distribution market…
