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.

ATOS :

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.

BUREAU VERITAS

In light of Q3 results, the company upgraded its outlook for organic revenue growth in full-year.

CARREFOUR

The largest food retailer in Europe has maintained its financial targets for 2024.

DANONE

On Thursday, the French food group exceeded expectations for third-quarter sales thanks to higher sales volumes.

DANGEROUS ACTS :

French software company cuts its revenue growth forecast 2025 for the second consecutive time, citing a slowdown in global automotive.

ERAMET :

The firm stated that the market conditions are expected to continue.

Weighing

Prices, particularly for manganese which experienced a sharp drop in the third-quarter and a significant decline in Chinese demand, were also affected.

A specialist in shipping containment systems received an order to build a LNG bunkering vessel.

HERMES

Hermes, the Birkin bag manufacturer, reported a 11.3% increase in sales on Thursday.

In the third quarter, we outshone our competitors who were hit hard by the downturn in China.

KERING

The French luxury goods company warned on Wednesday that its operating income for the full year would almost halve, after reporting a bigger-than-expected decline in third-quarter sales.

MICHELIN

Sales of the French tyre manufacturer dropped by 4.2% in the third quarter, falling slightly short of market expectations because of weaker demand.

ORANGE

The French telecom operator announced on Thursday a slightly higher third-quarter profit.

The company's Africa and Middle East operations are a major influence on market expectations.

RENAULT

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(source: Reuters)