(AOF) – In decline yesterday, European stock markets are expected to rise slightly at the opening of this session on Wednesday. Nvidia's quarterly results, after Wall Street closes, will be particularly scrutinized by investors. The latter will also not fail to follow Christine Lagarde's speech in the euro zone. She will speak at the opening of the annual conference on financial stability and macroprudential policy. On the values side, Elior published results for its 2023-2024 financial year which exceed expectations.
Values to follow today
Air Liquide
Air Liquide announces the appointment of David Prinselaar as director of the group's industrial management and member of the executive committee, effective December 2, 2024. Pascal Vinet, deputy general manager, will retire at the end of the year. After completing an engineering degree in electromechanical engineering at UCL in Belgium, David Prinselaar joined AkzoNobel in 2015 and was appointed to the executive committee as director of supply chain in 2019. He has been there since 2022 , director of operations at Versuni, a world leader in household appliances.
Elior
For the 2023-2024 financial year ending September 30, Elior exceeded expectations. The group reported a net loss of 41 million compared to a loss of 93 million during the previous financial year and 440 million for the 2021-2022 growth. Ebitda, which reached 333 million euros, increased by 127 million euros over one year and 225 million over two years. The adjusted Ebita margin improved by 170 basis points (1.70 percentage points), to 2.8% from 1.1% in 2022-2023.
Exail Technologies
Exail Technologies announces that it has won an order for a navigation system for a navy in the Asia-Pacific. “This is a very significant contract for the Navigation and positioning activity, worth several million euros, delivery of which will begin in 2025,” specifies the technology group. This same navy, a partner of the group for several decades, has also expressed complementary needs for other systems offered by Exail, both in navigation equipment but also for robotic systems.
Figeac Aero
In the second quarter of the 2024/2025 financial year, Figeac Aéro's turnover amounted to 106.4 million euros, showing solid organic growth of 23.4% compared to the second quarter of the financial year. previous. This performance is mainly based on the dynamics of the Aerostructures & Aeromotors activities, which recorded organic growth of 24.8% over the quarter to 99.5 million euros.
Macroeconomic figures
On an annual basis, in the United Kingdom, consumer prices rose to 2.3% in October compared to 2.2% expected after 1.7% the previous month. On a monthly basis, they increased by 0.6% in October after being stable in September.
Producer prices in Germany increased by 0.2% in October on a monthly basis. They were expected to fall by 0.1% after a decline of 0.5% in September.
In France, business creations in October are expected at 8:45 a.m.
In the United States, the weekly evolution of oil stocks will be published at 4:30 p.m.
Around 8:30 a.m., the euro lost 0.16% to 1.0579 dollars.
Yesterday in Paris
European stock markets closed this Tuesday session in the negative zone in a tense geopolitical context linked to the conflict in Ukraine. Moscow approved a new doctrine expanding the use of nuclear weapons and Ukraine carried out the first attack on Russia using American ATACMS missiles. On the statistics front, inflation in the euro zone stood at 2% in October compared to 1.7% in September. Thales, a defense stock, dominated the CAC 40 index, which lost 0.67% to 7,229.64 points. The EuroStoxx 50 lost 0.84% to 4750 points.
Yesterday on Wall Street
US markets closed without clear direction. Russia approved a new doctrine expanding the use of nuclear weapons and Ukraine carried out the first attack on Russia using American ATACMS missiles. Walmart stood out after a strong third quarter and an upwardly raised annual outlook. Nvidia, which is due to publish its quarterly reports on Wednesday, also shone, taking the entire technology sector in its wake. The Dow Jones fell 0.28% to 43,268 points while the Nasdaq rose 1.04% to 18,987 points.
