Values ​​to follow in Paris and in Europe – 03/25/2024 at 08:55


* ATOS ATOS.PA reacted Monday to the comments of David Layani, representative of its shareholder OnePoint, by affirming that they did not commit either the company or its board of directors. The boss of Atos’ largest shareholder presented his project on Sunday in Le Figaro to protect the integrity of the assets of the French group in difficulty.

* AIRBUS AIR.PA announced on Monday the conclusion of an agreement to acquire the German group Infodas, with the aim of strengthening its cybersecurity portfolio.

* DANONE DANO.PA said on Friday that it had been authorized by Moscow to sell its activities in Russia. The total loss recognized in the accounts amounts to 1.2 billion euros, the group said.

* CARMAT ALCAR.PA announced on Friday a definitive agreement with all of its financial creditors on new terms of repayment of its bank loans.

* RENAULT RENA.PA – Nissan 7201.T announced on Monday that it would explore new partnerships in Japan and the United States while continuing to rely on its alliance with Renault and Mitsubishi 7211.T in Europe, America Latin, in Asean and in India.

Nissan further said it would launch 30 new models by the financial year ending March 2027 and aim to increase its global sales by one million vehicles while reducing costs to improve its profitability.

* POSTNL PTNL.PA announced on Friday that it had reached an agreement with the unions on a 19% increase in delivery driver salaries from January 2024 to December 2025.

* STELLANTIS STLAM.PA – The automaker said Friday it would lay off about 400 U.S. workers as part of its efforts to cut costs, improve efficiency and accelerate electric vehicle production plans .

In addition, Chrysler, which is owned by Stellantis, has recalled nearly 286,000 vehicles in the United States due to a manufacturing defect that could cause the side airbag inflators to rupture, the American highway safety authority announced on Friday ( NHTSA).

* SOCIÉTÉ GÉNÉRALE SOGN.PA – Morgan Stanley lowered its recommendation to “line weight” from “overweight”.

* GECINA GFCP.PA – Goldman Sachs raised its recommendation to “buy”.

* AGEAS AGES.BR – The Belgian insurer said on Friday it did not intend to make a new offer for Direct Line DLGD.L after the British insurer refused two previous proposals.

* KINGFISHER KGF.L – The home furnishings retailer warned on its outlook on Monday for the third time in six months, saying current year profit would fall short of analysts’ expectations after announced a 25% drop for 2023-24.

* LUFTHANSA LHAG.DE – European Union authorities are reluctant to support a merger between airlines ITA Airways and Lufthansa LHAG.DE, against Italy’s wishes, the Italian Economy Minister said on Saturday, Giancarlo Giorgetti.

Brussels warned earlier this year that the concessions initially proposed by Lufthansa were insufficient in scope and effectiveness to address competition concerns.

* SBB – The Swedish real estate group said on Sunday that it would repurchase its debt at a discount of 60% compared to its initial value, in an attempt to calm investors’ concerns over a debt of several billion dollars.

* IBERDROLA IBE.MC – The Spanish company confirmed on Friday that it had reduced its green hydrogen ambitions by almost two thirds after delays in obtaining financing for some projects, highlighting the challenges facing a market which is heavily dependent on subsidies.

(Writing by Diana Mandiá, editing by Kate Entringer)



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