(Updated with Automotive, Burberry, Air France-KLM details, Aston Martin announcement, Richemont Stock Exchange rate)
PARIS, July 15 (Reuters) – The stocks will follow on Friday on the Paris stock exchange and in Europe:
* AXA AXAF.PA announced on Thursday that it has completed the €660 million sale of a €16 billion portfolio of life insurance and pension contracts in Germany, a transaction that will allow the French insurer to further reduce its exposure to the financial market. risks.
* The AUTOMOTIVE SECTOR may react to ACEA’s announcement on Friday of a further 16.8% year-on-year decline in new car sales in Europe in June, their twelfth consecutive month of decline. Over the first six months of the year, the market fell by 13.7%.
* ATOS ATOS.PA said Thursday it was not planning a capital increase after S&P lowered its credit rating to “BB” with a negative outlook.
* RIO TINTO RIO.L RIO.AX warned Friday that labor shortages in Australia related to the COVID-19 pandemic and inflation would weigh on current results in the second half. The Sydney-listed title lost nearly 2%.
* RICHEMONT CFR.S – The Swiss luxury group on Friday reported revenue growth of 12% at constant exchange rates for the April-June period, the first quarter of fiscal year 2022-2023. The title is indicated by 3%.
* BURBERRY BRBY.L reported quarterly sales up just 1% on a comparable basis, due to lockdowns in China, the largest market.
* AIR FRANCE-KLM AIRF.PA – KLM, the Dutch branch of the group, announced Thursday evening that it had reached an agreement with the unions representing its employees that could end the social movement that has disrupted its activities for several weeks. On the French side, Transavia, a subsidiary of the group hit by a cabin crew strike since Wednesday, has announced plans to operate 70% of its capacity on Friday and Saturday and 75% on Sunday.
➦France-Transavia still hit by strike action
* ERICSSON ERICb.ST announced on Friday that it has received the green light from the Committee on Foreign Investments in the United States (CFIUS) to acquire Vonage VG.O, a $6.2 billion operation including the closure had been reduced pending the completion of the investigation by the US authorities into the implications for national security.
* ASTON MARTIN AML.L has announced its intention to raise £653 million (approximately EUR 770 million) through a capital increase through issuance of warrants in which Saudi Arabia’s sovereign wealth fund will participate, called to become its second shareholder.
*TOMTOM TOM2.AS – The Dutch navigation and digital mapping specialist published an even heavier-than-expected quarterly loss on Friday, explained by inflation and tensions in supply chains.
* HANDELSBANKEN SHBa.ST – The Swedish bank posted a quarterly profit that was significantly below market expectations.
THE FRANCE & INTERNATIONAL 7-DAY AGENDA:
(Written by Claude Chendjou and Marc Angrand, edited by Sophie Louet and Matthieu Protard)