(AOF) – European stock markets are expected to be in a positive zone at the opening of the last session of the week. After a week rich in statistics, the session promises to be relatively calm as the inauguration of Donald Trump on January 20 looms. Investors will take note of the final inflation in the euro zone for December as well as industrial production across the Atlantic for November. The Chinese economy exceeded expectations in the fourth quarter with growth of 5.4% of GDP against 5.0 % expected by consensus.
Values to follow today
Argan
Argan declared an 8% increase in its rental income, to 198 million euros and a recurring net profit share of the group up 9% to 137 million euros, for its 2024 annual results. The property company is managed to do well despite an uncertain economic environment. Building on its achievements, the company intends to continue over the 2025-2030 period its strategy combining growth, through high-yield investments (around €100 million per year at 6%) and the acceleration of its structural debt reduction, in particular through selective asset arbitrage.
DMS
DMS Group announces a 9% increase in its turnover in 2024 compared to 46.1 million euros a year earlier. This performance is mainly due to the growth in the digital radiology group's historical activity, up 7% year-on-year. The share of turnover of Solutions For Tomorrow (SFT) is in temporary decline in connection with the reorganization of the range and the implementation of synergies. “The realization of current commercial opportunities would allow DMS Group to envisage strong growth dynamics from the 2nd quarter,” adds the company.
Pullup Entertainment
Pullup Entertainment revealed a turnover of 100.8 million euros for its third quarter compared to 43.3 million euros a year earlier. This is the “second largest quarter in history” for the specialist in the video game publishing and development industry. “These very good trends allow us to reaffirm our annual objectives with in particular an Ebita expected between 55 and 60 million euros, approximately double our best previous performance achieved in 2022/2023”, specifies Aurélien Briand, financial director of the group .
Virbac
Virbac revealed a turnover of 355.4 million euros in the fourth quarter of 2024, up 4.1% at constant exchange rates and scope compared to the same period of 2023. For the entire This financial year, the veterinary laboratory achieved a turnover of 1.4 billion euros, an increase of 7.5% at constant exchange rates and scope compared to 2023. The company is still aiming an adjusted Ebit margin of around 16% for the past financial year, at constant exchange rates and scope, compared to 15.1% in 2023.
-Macroeconomic figures
Inflation in December in the euro zone will be known at 11:00 a.m.
In the United States, housing starts and building permits in December will be published at 2:30 p.m. before industrial production and production capacity utilization rates in December at 3:15 p.m.
Around 8:30 a.m., the euro lost 0.19% to 1.0282 dollars.
Yesterday in Paris
European stock markets moved in the green again today, thanks to luxury. The Swiss Richemont (Cartier) revealed quarterly sales that were much better than expected. LVMH, Kering, Hermès and L'Oréal took the first places in the Eurostoxx 50 and the CAC 40. For its part, the car manufacturer Renault continued its rally after revealing increased sales for the second year in a row. The CAC 40 increased by 2.14% to 7634.74 points and the EuroStoxx50 by 1.39% to 5102.13 points.
Yesterday on Wall Street
Up sharply the day before, the American stock markets closed on a negative note during the penultimate session of the week. Among the statistics of the day, retail sales came out below expectations in December and the Philadelphia Fed's manufacturing index surprised with its strength. On the value side, Bank of America finished in the green unlike Morgan Stanley. UnitedHealth plunged following disappointing quarterly results. Dow Jones lost 0.16% to 43,153 points while the Nasdaq fell 0.89% to $19,338.
