(Image credit: Adobe Stock – )
PARIS, Aug 10 (Reuters) – The following were the stocks on the Paris Stock Exchange and in Europe on Wednesday:
* EDF EDF.PA said on Tuesday that it had filed a contentious appeal with the Council of State and a lawsuit for damages against the state, estimated at €8.34 billion, following the French government’s announcement in January that it would increase volumes of electricity , which the group has to sell to its competitors as part of the Arenah system.
➦ France asks EDF to limit the increase in current
➦ EDF files lawsuit against state for increasing arenh volumes
* ABN AMRO ABNd.AS – The Dutch bank announced a better-than-expected 21% increase in net profit to 475 million euros for the second quarter, thanks in part to the release of provisions.
* E.ON EONGn.DE – The German group, Europe’s leading energy grid operator, has announced that it has written off around 700 million euros, or more than 50%, of its stake in the Nord Stream 1 gas pipeline because of the “increased uncertainty” related to the war in Ukraine.
* AHOLD DELHAIZE AD.AS has revised upwards its earnings per share and free cash flow forecasts after a second quarter marked by a 6.4% increase in sales at constant exchange rates. At the same time, the Belgian-Dutch distribution group postponed the IPO of its non-food subsidiary Bol.com due to unfavorable market conditions.
* DELIVEROO ROO.L – The British food delivery specialist has announced it will be closing its operations in the Netherlands and reports a widening of its pre-tax loss in the second quarter.
* TUI TUIGn.DE – The tour operator reported an operating loss for the third quarter of its staggered financial year due to costs related to flight disruptions, but stressed that bookings for the summer season were close to their pre-pandemic levels.
* VESTAS WIND SYSTEMS – The Danish wind turbine maker reported a worse-than-expected quarterly operating loss.
* PRUDENTIAL PRU.L – The British insurer on Wednesday reported first-half operating profit rose 8% on the recovery of its life insurance business, but below average analyst estimates compiled by the group itself.
(Written by Laetitia Volga and Marc Angrand, edited by Jean-Stéphane Brosse)