Stock market: Stocks follow in Paris and Europe

(Image credit: Adobe Stock - )

(Image credit: Adobe Stock – )

Aug 2 (Reuters) – Stocks to watch on the Paris Stock Exchange and across Europe on Tuesday as futures point to a lower open:

* BOUYGUES BOUY.PA reported operating income of 492 million euros, a group share of net income of 147 million euros and raised the target for EBITDA growth after rent for its Bouygues Telecom facility to over 8%, compared to around 7% previously .

➦ Bouygues publishes half-year sales of up to 18.53 billion euros

* VALNEVA VLS.PA on Monday confirmed the modification of the purchase agreement with the European Commission for its vaccine against COVID-19.

➦ Valneva confirms the modification of the purchase agreement with the EC for its vaccine against COVID-19

*SMCP SMCP.PA on Monday reported a net profit (Group share) of up to 20.7 million euros for the first half of the year, confirming its full-year guidance.

* CONDITIONS GTT.PA said on Monday it had signed a deal with shipowner Antarctica21 to equip a ship with GTT Digital’s Smart Shipping solutions.

*BP BP.L posted quarterly profit at its highest level in 14 years, allowing the oil major to increase its dividend and the amount of its share buyback program.

➦ BP posts $8.45 billion profit in Q2 and raises dividend

* MAERSK has raised its 2022 operating profit guidance and reported quarterly revenue above target.

* GENERAL GASI.MI announced that its results for the first half of the year exceeded the consensus gathered by the insurer, despite a difficult macroeconomic context and €138 million in write-downs related to Russia.

* SIEMENS GAMESA SGREN.MC plans to cut around 2,500 jobs, or almost 9% of its workforce, as part of its effort to return to profitability, two people with knowledge of the matter told Reuters. The group announced on Tuesday that it had lowered its profitability guidance for 2022, citing difficult market conditions and higher costs.

➦ EXCLUSIVE-Siemens Gamesa plans to cut almost 2,500 source jobs

*VILMORIN & CIE VILM.PA said on Monday that net income is expected to be down on the previous fiscal year after announcing 1.59 billion euros in revenue for 2021/2022, up 6.2% on comparable data compared to 2020/2021 corresponds. The Group also announced the appointment of Anthony Carvalho as Chief Financial Officer, effective September 14.

(Written by Valentine Baldassari and Laetitia Volga, edited by Kate Entringer)

Kaddouri Ismail

I am Ismail from Morocco, I work as a blogger and online marketer. I am also the founder of the “Mofid” site, in which I constantly publish many important articles in the field of technology, taking advantage of more than 5 years of experience working in the field. I focus on publishing in a group of areas, the most important of which are programming, e-marketing, digital currencies and freelance work.

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