Every morning, the Zonebourse team identifies and summarizes significant information related to listed companies around the world, to capture key news at the start of the trading day. The content includes one part on France and another on key international markets, particularly American companies and key European markets (UK, Germany, Switzerland, Italy, Spain) and Asia-Pacific.
in France
Results of the company (comments are given directly and do not prejudge the evolution of the securities)
- Alten achieves organic growth of 9% in 2023.
- JCDecaux performed better than expected in Q4, with organic growth of 10.3%.
- LVMH reported 10% organic growth in Q4. The leather goods segment is only in line with expectations, but the release seems reassuring (the stock was up 5% on Tradegate out of session).
- Remy Cointreau reported a less-than-expected decline in its sales in the third quarter.
- Sartorius Stadim Biotech publishes its 2023 results and targets mid to high single-digit revenue growth in 2024, with current EBITDA margins above 30%.
Important (and not so important) announcements
- The FDA approves Sanofi’s Dupixent to treat young children with esophageal conditions.
- Teleperformance is launching a new consulting offering.
- Casino sells its stake in the Exito group.
- Crete purchased a block of 562,500 of its own shares from Eximium off-market at EUR 70 each.
- Voltalia commissions 12.1 MW solar power plant.
- Fermentalg signs a nice contract.
- AgroGeneration is struggling to publish its accounts because of the war in Ukraine.
- Today’s main releases: Steph, Winpai, Oakwind, Mauna Kea, Roche Bobois, Spinway, UV Germi, Atame, Groupe LDLC, Orapi, Segedim, Wrenken, Mersenne, Fermentalg, Lucibel…
In the big world
Company results (comments are given directly and do not prejudge the evolution of securities, except for post-session exchanges in the United States, which generally reflect trends well)
- AB Volvo reported better-than-expected operating profit in Q4.
- Fortum launched a savings scheme.
- Intel plunges 10% out of session after its quarterly results.
- KLA Corporation loses 6% after its results.
- Conn predicts flat or slightly increasing sales in 2024.
- Lonza confirms its margin target for 2024.
- Salvatore Ferragamo sees a drop in revenue in 2023 and warns that recovery may take time.
- SGS improves its revenue but loses profit.
- Signify Exceeds Its Base Profit Margin Guidance For Fourth Quarter
- T-Mobile US lost 2.6% after its accounts.
- Visa lost 2.8% post-session after its quarterly results.
Important (and not so important) announcements
- FTC opens AI investigation into Microsoft, Amazon, Alphabet, OpenAI and Anthropic.
- BHP is reviewing a Brazilian federal court ruling on a BRL155 billion ($31.53 billion) claim from the federal public prosecutor’s office over the 2015 collapse of Samarco’s Fundao dam.
- EU launches investigation into Norwegian salmon producers.
- Microsoft laid off 1,900 employees at Activision after the takeover, as well as at Xbox.
- Apple allows downloads outside of the App Store in the EU for a new fee.
- Amazon plans to build two AWS data centers in Mississippi for a $10 billion investment.
- Tellurian engages the lizard to find a potential buyer.
- According to the WSJ, Salesforce has laid off 700 people.
- Orsted will “reposition” its Skipjack project to the United States. In addition, Dan and Eversource have submitted a new proposal for Sunrise Wind in response to New York’s recent call for tenders on offshore wind power.
- Equinor separates from BP Plc for offshore wind projects in the United States.
- Levi Strauss will cut 15% of its workforce.
- Lloyds is set to cut 1,600 jobs across its branch network.
- Brazilian airline Gol Linhas Arias Intelligentes files for bankruptcy in the United States.
- Eli Lilly’s injection pen for Monjaro authorized by the British regulator.
- Key releases of the day: American Express Company, Colgate-Palmolive, AB Volvo, Lonza, Sartorius Stadim Biotech, SGS, Telia, Remy Contreau… Full agenda here.
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