(AOF) – European stock markets should rebound on Thursday at the opening of the session, after their decline the day before. The CAC 40 should gain 0.18%. On the statistical side, investors will learn at 11 a.m. data on economic sentiment and the business climate in June in the euro zone. Additionally, US inflation data will be released tomorrow afternoon. On the values side, OVHcloud saw its turnover increase in the third quarter. The European cloud specialist maintains its objectives set for the year 2024.
Values to follow today
Eiffage
Eiffage, through its subsidiary Eiffage Énergie Systèmes, SPIE Nucléaire and ABC have just signed the contract with EDF for the supply and installation of the main emergency diesel generator sets for six EPR2 type nuclear reactor projects. The value of the contract is more than 900 million euros. This contract includes the studies, qualification, manufacturing, installation, testing and commissioning of 24 10 MWe diesel emergency generator sets, on three sites (Penly, Gravelines and Bugey).
Europe
Euroapi announces that it has concluded an agreement with Sanofi relating to the financing of the Focus-27 plan: the French pharmaceutical group will invest 200 million euros in its former subsidiary. The objective is to achieve 75 to 80 million euros of additional Core EBITDA per year by the end of 2027, thanks to a higher value-added API and CDMO offering, a streamlined industrial footprint and significant cost reductions. Euroapi adds that the gradual resumption of deliveries and production at the Brindisi site is expected during the third quarter.
Figeac Aero
Over the entire 2023/2024 financial year, ending at the end of March 31, 2024, Figeac Aéro suffered a net loss, group share, of 12.2 million euros compared to a loss of 18.1 million euros on the previous financial year. Current EBITDA is at the top of the annual target range (between 50 million euros and 53 million euros) at 52.2 million euros, representing growth of 29.6%. At the same time, the current Ebitda margin improved by 140 basis points to stand at 13.2% of turnover.
OVHcloud
In the third quarter of 2024, OVHcloud’s consolidated turnover reached 250.8 million euros, up 10.1% on a published basis compared to the previous financial year and 9% on a comparable basis. The Private Cloud, which integrates BareMetal Cloud and Hosted Private Cloud, reached a turnover of 157.6 million euros in the third quarter of 2024, up +11.0% in published data and +10.7% in comparable data
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Macroeconomic figures
Data on the evolution of the M3 money supply in March in the euro zone will be published at 10 a.m.
Data on economic sentiment and business climate in June in the euro zone will be published at 11 a.m.
At 2:30 p.m., in the United States, data on GDP for the first quarter and those on weekly unemployment claims will be published at 2:30 p.m. Data on durable goods orders in May and data on the trade balance in May will be released at the same time.
Data on promised home sales in May will be released at 4 p.m. in the United States.
In the United States, data on the weekly evolution of gas stocks will be communicated at 4:30 p.m.
Around 8:30 a.m., the euro gained 0.15% to 1.0695 dollars.
Yesterday in Paris
Like yesterday, European stock markets closed in negative territory. Investors once again showed caution and nervousness against a backdrop of political instability in France, before the first round of early legislative elections this Sunday. In terms of values, Atos finished at the back of the pack after a new twist regarding its financial restructuring: OnePoint withdrew from the race while Daniel Kretrinsky resurfaced. The CAC 40 lost 0.69% to 7609 points while the EuroStoxx 50 declined 0.37% to 4917 points.
Yesterday on Wall Street
The American markets closed slightly higher on the back of an increase in the 10-year yield. On the value side, Rivian and FedEx shares have progressed significantly: the first thanks to a significant investment by Volkswagen and the second thanks to favorable prospects. Ahead of the release of the PCE price index on Friday, investors took note of weaker-than-expected new home sales in May. The Nasdaq Composite gained 0.49% to 17,805.16 points and the Dow Jones advanced 0.04% to 39,127.80 points.
