CAC 40: feverish markets as third quarter results approach


In the first half of the year, companies defied predictions, in a good way. 300145459/Julien Eichinger – stock.adobe.com

DECRYPTION – The economic situation could end up weighing on the activity of the French flagships.

The third quarter results ball begins in a few days, and never has this meeting been awaited with so much impatience and feverishness. Several questions torment the financial markets and, more generally, the business community: will these quarterly results of the CAC 40 groups bear the mark of the economic slowdown, and if so, to what extent? On this occasion, will the leaders revise downwards their forecasts for the coming months? Or at least, will they formalize their concerns about the consequences that geopolitical and macroeconomic tensions could end up having on their activity?

In the first half of the year, companies defied predictions, in a good way. The CAC 40 champions made 77 billion euros in profits, a figure up 29% year on year. Neither the surge in energy and raw materials, triggered in 2021 and accentuated by the war in Ukraine, nor the supply difficulties…

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