Stock market: Stocks follow in Paris and Europe

(Image credit: Adobe Stock - )

(Image credit: Adobe Stock – )

Aug 3 (Reuters) – Wednesday’s readings on the Paris Stock Exchange and in Europe, where futures contracts are pointing to an open without much change:

* SOCIÉTÉ GÉNÉRALE SOGN.PA on Wednesday reported a lower-than-expected second-quarter loss as momentum in its activity in both retail banking and markets offset the impact of the sale of its Russian subsidiary Rosbank ROSB.MM.

SocGen performs better than expected in Q2, offsetting Rosbank sale

* AXA AXAF.PA on Wednesday reported first-half net income rose 3%, with higher property and health revenues offsetting the impact of the war in Ukraine.

➦ Axa net income up 3% in H1, impact of war in Ukraine estimated at €300m

* VEOLIA VIE.PA on Wednesday again reported strong growth in the second quarter, citing the “successful” start to the Suez integration and confirming its targets.

➦ Veolia announces that it has signed an agreement to acquire Vigie (ex-Suez) through the merger

➦ Veolia reports solid Q2, “success” of Suez integration

* BIC BICP.PA on Tuesday published that half-year sales rose 15.5% at constant exchange rates to 1.13 billion euros and raised its annual sales growth forecast of between 10% and 12% at constant exchange rates (compared to March 7th). % to 9% so far).

* INFINEON IFXGn.DE on Wednesday reported higher third-quarter sales and raised its full-year outlook.

* COMMERZBANK CBKG.DE on Wednesday reported stronger-than-expected second-quarter net income, confirming it is on track to meet its profit target for this year.

Commerzbank-Better-than-expected Q2 earnings as interest rates rise

* TOD’S TOD.MI – The Della Valle family, the main shareholders of Tod’s, is preparing to make a bid for a part of the Italian luxury group’s shares it does not already own in order to delist the company from the Milan Stock Exchange. The family holding announced on Wednesday.

* BMW BMWG.DE saw its margin shrink in the second quarter as the consolidation of its Chinese joint venture BMW Brilliance dampened profits, the automaker said.

* JUST EAT TAKEAWAY.COM TKWY.AS on Wednesday reported a loss for the first half, but maintained its full-year growth and margin guidance.

* SIEMENS HEALTHINEERS SHLG.DE reported lower quarterly profit on lower revenue from rapid COVID-19 screening tests.

* VONOVIA VNAn.DE is up 2.5% after H1 FFO trading income rose 36%.

(Written by Olivier Cherfan and Laetitia Volga)

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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