We get to the heart of the matter. The world leader in luxury LVMH and STMicroelectronics, in semiconductors, are the first two Cac 40 companies to embark on the battle for 2021 annual results. According to the FactSet consensus, the first should announce a net profit of 10.7 billion euros, the second a profit of $1.7 billion.
In addition to these announcements, the operators will analyze the turnover of Balyo, Cegedim, Samse Group, JCDecaux, Latécoère, Lysogen, Maurel & Prom, Mersen, Orapi and Steve. On his side, Elior will disclose its first quarter earnings, Wavestone and LDLC Group those of the third trimester. Finally, Kaufman & Broad and Sartorius Stedim present their annual accounts.
Extensive investment plan in electricity for Renault
Note also that Renault, Nissan and Mitsubishi must present, this Thursday, as part of their alliance, an investment plan of more than 23 billion dollars in electric vehicles. By 2030, members of the Alliance plan to launch 30 new battery-powered vehicles, 90% of which would be produced on five common platforms, Reuters reported on Sunday.
In the USA, Apple, Dow, McDonald’s and Visa, all four members of the Dow Jones, will unveil their fourth quarter results. MasterCard will also be on the job, as Deutsche Bank in Germany and Samsung Electronics in Korea.
Four US statistics
On the economic front, the main announcements will be American: new weekly jobless claims (consensus: 260,000), December durable goods orders (consensus: -0.5% over one month), promises of home sales in December (consensus: +0.5% over one month) and first estimate of GDP in the fourth quarter of 2021.
Given the slack observed in retail sales, the expected rebound in consumption in the fourth will be less strong than expected, but the situation will be better than in the third quarter, so that economists are on average expecting an increase of GDP by 5.3% over the quarter at an annualized rate. Finally, to follow industrial profits in China in December and the GfK index of German consumer confidence in February (consensus: – 8).
PC