October 19, 2018 / 4:53 AM / a month ago

French and Benelux stocks-Factors to watch on Oct 19

Oct 19 (Reuters) - Below are company-related news and stories from French and Benelux media which could have an impact on the region’s markets or individual stocks.

ACCORHOTELS:

AccorHotels published on Thursday third quarter revenue of 1.03 billion euros and slightly raised its outlook for 2018 operating profit.

BOUYGUES:

Bouygues confirmed on Thursday its outlook for TF1 and Bouygues Telecom but lowered guidance for current operating profit at group level.

CASINO:

Casino reported on Thursday Q3 sales of 8.92 billion euros, up 5.4 pct like-for-like. The group’s CFO said trends for the forth quarter should be in line with those of the third quarter.

COLAS:

Colas downgraded its outlook for FY current operating margin adn expects it to remain stable or decrease slightly from 2017.

EKINOPS:

Ekinops confirmed on Thursday it entered into preliminary discussions with Nokia Corporation regarding a possible acquisition of Alcatel Submarine Networks.

FNAC DARTY:

Fnac Darty reported on Thursday third quarter revenues of 1.75 billion euros. The Group announced the launch of a share buyback program. Fnac Darty also confirmed its 2018 and mid-term objectives.

MICHELIN:

Michelin cut its full-year market forecasts on Thursday and said a sales slowdown would worsen in the fourth quarter, blaming weaker Chinese vehicle demand and new emissions standards that have hit European registrations.

REMY:

French spirits company Remy Cointreau achieved stronger-than-expected second quarter sales, helped by robust demand for its premium cognac in China, and it kept its forecast for higher profit growth this year.

SOPRA STERIA:

Issued profit warning. Pan-European market data: European Equities speed guide................... FTSE Eurotop 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurotop 300 sectors..................... Top 25 European pct gainers....................... Top 25 European pct losers........................ Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt items......... CAC-40................. Paris items............ World Indices..................................... Reuters survey of world bourse outlook......... European Asset Allocation........................ Reuters News at a glance: Top News............. Equities.............. Main oil report........... Main currency report.....

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