BNP Paribas, Orange, Dassault Systemes, Publicis, Neoen, Casino, ABB, Meta…

In France

Company results (comments are given on the spot and do not prejudge the evolution of securities)

• Dassault Systèmes: Revenue growth will be around 5% in 2023. Q4 revenue was above expectations.
• Neoen: revises its EBITDA upwards for 2022.
• Publicis: the advertiser exceeds expectations in 2022 and aims for a more moderate increase in revenue in 2023.

Important (and less important) announcements

• BNP Paribas, Société Générale and Crédit Agricole are considering a takeover of Orange Bank (Orange).
• BNP Paribas completes the sale of Bank Of West to BMO.
• TotalEnergies will increase salaries more than expected to take inflation into account.
• Airbus has sealed an amicable agreement with Qatar Airways to end their dispute over the A350s.
• Thales will design an air defense system to help protect Ukraine.
• Societe Generale cancels 41.7 million of its own shares.
• Safran is launching solar energy production at 17 of its French sites.
• Casino confirmed on Wednesday that it had engaged in exploratory discussions with Teract on a possible merger of the distribution activities of the two groups in France.
• Eiffage Energy Systems will produce with Gen-Hy electrolysers for green hydrogen.
• Quadient launches the postage meter in the United States, for small businesses and working from home.
• Metabolic Explorer will raise €8 million via a capital increase of €1.13 with preferential subscription rights maintained.
• Witbe strengthens its presence in Asia-Pacific.
• Vergnet increases its activity in Wallis & Futuna.
• Biosynex holds 71% of Theradiag.
• Biophytis announces the positive final results of its phase II/III COVA study with Sarconeos in severe forms of Covid.
• They have also published / they are on the agenda: Antin, Synergie, Cafom, Bassac, Bonduelle, Ober, Netgem, Groupe Berkem, Altur, Sogeclair…

In the world

Company results (comments are given on the spot and do not prejudge the evolution of securities)

• ABB: new orders fell in the fourth quarter.
• Banco Santander: Q4 net profit rises to €2.3bn.
• Deutsche Bank: Q4 net profit is a bit short compared to expectations. Revenues for the current year should be between €28 and €29 billion.
• Infineon: the segment margin should come out in fiscal Q2 around 25%, against 23.5% initially projected.
• ING Groep: Q4 net profit stands at €1.1bn, slightly above the consensus.
• Meta Platforms: the title gained 20% off session after the publication of its quarterly and the announcement of a large share buyback.
• Nordea: Q4 net profit reaches €1.64bn.
• Roche Holding: 2023 growth should slow down.
• Shell: the major makes a record annual profit of $40 billion.
• Siemens Healthineers: The group reports a 28% drop in Q4 operating profit due to lower sales of Covid tests and delays at a supplier to its Varian business.
• Sony: annual operating profit should be slightly higher than expected.

Important (and less important) announcements

• Adani Enterprises cancels its capital increase.
• FedEx will lay off more than 10% of its officers and directors.
• KKR is reportedly close to filing an informal offer for Telecom Italia fixed networks, according to Reuters.
• Sony will promote chief financial officer Hiroki Totoki to president and COO.
• Trading of several Adani securities suspended after their plunge.
• Honda will start producing a new hydrogen fuel cell system jointly developed with General Motors.
• Boeing wins a contract to equip ballistic missiles.
• Swatch is proposing a dividend of CHF 6 per share (CHF 1.20 per registered).
• Main publications of the day: Apple, Alphabet, Amazon, Eli Lilly, Roche, Merck & Co, Costco, Shell, Sony, Qualcomm, Estée Lauder, ABB, Dassault Systèmes, ING Groep, Infineon, Nordea, Deutsche Bank… The whole agenda here.

Conferences