PARIS, Oct 27 (Reuters) – Stocks to watch on Thursday on the Paris Stock Exchange and in Europe where futures are pointing to a slightly lower opening:
* TOTALENERGIES TTEF.PA reports a net growth in its adjusted net income in the third quarter thanks to the rise in the price of hydrocarbons, but the group had to record a new provision linked to Russia, amounting to 3 .1 billion.
➦ Adjusted TotalEnergies-Net doubled in Q3, new provision for Russia
* STMICROELECTRONICS STM.PA announced third quarter net sales and gross margin above market expectations but the group expects sales growth to slow at the end of the year on fears of recession and decline in demand for electronics.
➦ STMicroelectronics-Q3 operating income at $1.27 bn, +110.1%
* CAPGEMINI CAPP.PA reported quarterly revenue of 5.55 billion euros, organic growth of 14.3%.
➦ Capgemini-CA in Q3 up to 5.55 billion euros
* CASINO CASP.PA reported on Thursday in a press release a growth in sales in the third quarter and an improvement in its debt situation, taking into account the sale of GreenYellow, its renewable energy subsidiary, finalized on October 18.
➦ Casino-CA up in Q3, improvement in debt
The group announced on Wednesday evening that it had begun, in order to accelerate its debt reduction, the study of a project to sell part of its stake in the Brazilian supermarket chain Assaí for an amount of around 500 million dollars which will could, if necessary, be increased depending on market conditions.
➦ Casino plans to sell $500m stake in Brazilian Assai
* UNIBAIL-RODAMCO-WESTFIELD URW.AS has raised its full-year adjusted earnings per share forecast after posting 21% revenue growth in the first nine months.
* SCHNEIDER ELECTRIC SCHN.PA confirmed its full-year targets after recording organic revenue growth of 12.1% in the third quarter.
➦ Schneider Electric exceeds expectations in Q3
* CARREFOUR CARR.PA raised its net free cash flow target on Wednesday, after recording revenue of 23.5 billion euros in the third quarter, up 11.3% like-for-like from the same period last year.
➦ Carrefour raises its net free cash flow target after its Q3 results
* EIFFAGE FOUG.PA announced Wednesday an agreement with TCI Fund Management for the purchase of 13.71% of the capital of GETLINK GETP.PA, of which it will become the first shareholder at the end of the operation with a stake of 18 .79%.
➦ Eiffage becomes Getlink’s largest shareholder
* ADP ADP.PA announced consolidated revenues up to 3.38 billion euros for the first nine months of the year and forecasts an Ebitda margin at the top of the target range, i.e. above above 34.5% of turnover in 2022.
➦ ADP-9-month turnover jumps 81.1%, improvement of 2022 objectives
* ERAMET ERMT.PA published a turnover increase of 34% in the third quarter but lowered its EBITDA forecast to around 1.5 billion euros for 2022 due to inflation in particular.
➦ Eramet – Sales up to 1.3 billion euros in Q3
* ACCOR ACCP.PA, Europe’s largest hotel group, reported better-than-expected revenue per available room (RevPAR) for the third quarter on Wednesday, continuing the strong improvement in business since the start of the year.
➦ Accor continues its recovery with the return of travelers after the pandemic
* LAGARDERE LAGA.PA has announced that it is revising its outlook for 2022 slightly upwards after having achieved a turnover of 5 billion euros at the end of September, an increase of 41.5% in published data.
➦ Lagardère-CA at 9 months up to 5.01 billion euros
* IPSEN IPN.PA confirmed its full-year guidance after posting total sales growth of 7.6% in the third quarter at constant exchange rates.
* REXEL RXL.PA has raised its annual growth targets for constant-day sales and adjusted Ebita margin after reporting record sales in the third quarter.
➦ Rexel raises its full-year sales and Ebita margin outlook
* BUREAU VERITAS BVI.PA published Wednesday a turnover of 1.46 billion euros in the third quarter, representing organic growth of 8.7%. (The press release: )
* SOITEC SOIT.PA confirmed its forecasts for the 2022-2023 financial year after recording an increase in turnover in the second quarter.
➦ Soitec posts an increase in Q2 revenue at €268 million
* MAISONS DU MONDE MDM.PA reported sales of 278.5 million euros in the third quarter, down 8.2% compared to the same period last year.
* NEXITY NEXI.PA published a turnover down 4% to 2.95 billion euros over the first nine months of the year.
➦ Nexity-CA down over nine months to €2.95 billion
* ELIS ELIS.PA published quarterly revenue up to 1.03 billion euros (+17% organic). The group slightly lowered its 2022 adjusted gross operating profit margin target but expects organic revenue growth of more than 20%, compared to 18%-20% previously. (The press release: )
* ALTEN LTEN.PA reported revenue up 30.6% at the end of September and anticipates organic growth of more than 15% in 2022.
➦ Alten posts an increase in turnover to 2.78 billion euros at the end of September
* ORPEA – The family group Mat Immo Beaune and the Nextstone group announced in a press release that they had crossed the threshold of 5% in the capital of Orpea.
* UNILEVER ULVR.L raised its annual revenue target and reported a better-than-expected increase in sales in the third quarter.
* SHELL SHEL.L reported third-quarter profit of $9.45 billion on Thursday, down from a record high in the previous quarter, and plans to increase the dividend within the year. The group also extended its share buyback program, announcing its intention to buy $4 billion worth of shares over the next three months.
➦ Shell posts $9.45bn profit in Q3 and wants to increase its dividend
* ANGLO AMERICAN AAL.L said its third-quarter production was up 16% from the second quarter, driven by strong performance from its De Beers unit in particular.
* LLLOYDS LLOY.L announced a drop in its quarterly profit due to provisions for bad debts.
* BEIERSDORF BEIG.DE on Thursday raised its full-year sales target after posting 11.1% organic revenue growth over nine months.
* CREDIT SUISSE CSGN.N is launching a capital increase of four billion Swiss francs, said the Swiss bank, which presented a reorganization of its activities, in particular its investment bank, which will lead to the elimination of thousands of positions.
* ANHEUSER-BUSCH INBEV ABI.BR on Thursday posted higher-than-expected quarterly profit on the back of accelerating sales and raised its full-year operating profit forecast.
* LUFTHANSA LHAG.DE issued an upbeat forecast for the air travel market, saying it expects demand to remain strong.
* CLARIANT CLN.S announced Thursday a better than expected gross operating profit in the third quarter thanks to the increase in its prices, which allows it to raise its forecast for annual sales.
* MONCLER MONC.MI saw its sales increase by 12% at constant exchange rates in the third quarter, thanks to strong growth in Europe and an improvement in its activity in China.
* HELLOFRESH HFGG.DE reported lower-than-expected adjusted gross operating profit in Q3 on Thursday due to high marketing costs.
* REPSOL REP.MC saw its adjusted net profit double announced in the third quarter thanks to the rise in oil and gas prices, which allows it to increase the amount of the dividend.
* SABADELL SABE.MC saw its third quarter net profit more than double thanks to a reduction in expenses and growth in mortgage loans.
* SAIPEM SPMI.MI raised its full-year guidance after stronger-than-expected EBITDA growth in the third quarter.
* AEGON AEGN.AS announced the sale to its rival ASR ASRNL.AS of its insurance activities in the Netherlands for approximately 4.9 billion euros in cash and shares.
* VOLVO CARS VOLCARb.ST reported lower third-quarter earnings due to lower sales volumes.
* SWEDBANK SWEDa.ST reported better-than-expected operating profit in the third quarter, thanks to strong income from mortgage loans.
(Written by Laetitia Volga, edited by Jean-Stéphane Brosse and Kate Entringer)