(Updated with TotalEnergies, Swedish Match, JD Sports Fashion, SSAB, Publicis and Lonza)
*Change in futures on the CAC 40 0#FCE index:
* Change in Stoxx 600 0 # FXXP futures:
* Securities traded without dividends .EX.PA
* Update in European .EUFR markets
PARIS (Reuters) – Stocks to follow on Friday on the Paris Stock Exchange and in Europe as futures point to an open in scattered order:
* TOTALENERGIES TTEF.PA announced in a press release on Friday a program to reduce fuel prices until the end of the year, which will succeed the “summer discount” applied at highway stations.
➦ TotalEnergies will reduce fuel prices through the end of the year
ENGIE ENGIE.PA announced Friday that it has drawn up a framework for negotiations with the Belgian state on the possible extension of two nuclear units, the Doel 4 and Tihange 3.
➦ Engy discusses with Belgium the possibility of extending two nuclear units
* LVMH LVMH.PA – The Arnault Group plans to reorganize its Agache holding company limited by shares, Agache SCA, in order to perpetuate long-term control of LVMH by the Arnault family, the CMA announced Thursday. (AMF).
➦ The Arnault Group wants to reorganize the Agache holding – AMF
A source familiar with the matter told Reuters that the head of major services activities at the French bank, Ashley Wilson, has resigned.
➦ EXCLUSIVE – Head of Key Services Activities at BNP Paribas leaves office
* UBISOFT UBIP.PA has decided to postpone the release of its game “Avatar: Frontier of Pandora” to 2023-24, the video game publisher announced Thursday to mark the release of its results, which show net bookings just above its forecast for the first quarter.
Reservations Correction – Ubisoft-Net Better Than Expected in Q1
* BOUYGUES BOUY.PA, TF1 TFFP.PA – French television group TF1, owned by Bouygues, announced Thursday that it is in exclusive negotiations with Future Technology Retail (FTR) with a view to selling its shares in Ykone, a marketing agency, for an undisclosed amount. L8N2Z26YM
* GECINA GFCP.PA announced Thursday that it is revising its target for recurring net earnings per share for the year to €5.55, an increase of 7% excluding the effects of dispositions compared to 2021.
* COVIVIO CVO.PA on Thursday confirmed its target of adjusted “EPRA” (earnings after tax attributable to shareholders) for the year of approximately €4.5 per share.
* DASKE BANK danske.CO will not pay a dividend for 2021 as the bank is still in discussions with Danish and US authorities regarding its involvement in the money laundering scandal in Estonia.
* SCHINDLER SCHP.S cut its full-year revenue forecast on Friday, due to a slowing Chinese economy, supply chain disruptions and rising inflation.
* JD SPORTS FASHION JD.L said Friday that it expects its full-year earnings to be in line with expectations, due to strong demand.
* LONZA LONN.S reported a half-year total operating surplus that rose 16.5% thanks to strong demand from biopharma companies.
Swedish steelmaker SSAB SSABa.ST reported a bigger-than-expected jump in quarterly profits on strong steel prices but warned that market expectations were uncertain amid rising inflation and tensions in the supply chain.
SWEDISH MATCH SWMA.ST, which was acquired by Philip Morris PM.N, on Friday reported slightly above expectations second-quarter operating profit, buoyed by growth in the United States.
* SIKA SIKA.S on Friday reported an 18% jump in sales in the first half.
* CECONOMY CECG.DE is down 10.5% in pre-market trading after cutting its forecast for fiscal year 2021/22.
* PUBLICIS PUBP.PA – JP Morgan raises its recommendation to “overweight” versus “neutral.”
International and French Seven Days Agenda:
(Writing by Claude Shengau, Editing by Mathieu Brotthard and Kate Enteringer)