Why is it rising? Why is it decreasing? Some explanations on the unusual variations which affect shares during the day's session on European markets. Only when they are reliable and documented: we avoid telling nonsense as much as possible. Variations are taken at the time of writing the article.
Rising
Games Workshop Group (+15%): The manufacturer and retailer of miniature wargames has exceeded expectations with its sales performance over the past two months. The company is forecasting very good figures for the first half of its staggered financial year.
Declining
Thales (-7%): The defense group faces an investigation for alleged corruption in the United Kingdom and France. The British Serious Fraud Office (SFO) and the French Parquet National Financier (PNF) are conducting a joint investigation into suspected bribery payments.
Boiron (-7%): The laboratory presented a project to reorganize in France its activities linked to “common name homeopathy” (HNC), following the major drop in sales since the delisting of homeopathy in France. This project could lead to the elimination of 145 positions, with the closure of several distribution establishments, as well as the elimination of positions in medical inspection.
Komax (-3%): The manufacturer of cabling machines has postponed its medium-term financial objectives by two years, now targeting a turnover of between 1.0 and 1.2 billion Swiss francs and an operating profit ( Ebit) from 120 to 160 million for 2030. This decision follows a difficult market environment, particularly in Europe. Komax also announced the closure of several production sites and the restructuring of its Wire Processing unit following the departure of Marc Schürmann, member of the management.
Nexans (-3%): Cable manufacturer Nexans saw its shares fall following the sale of a 5% stake by the Luksic family, the richest in Chile. After the transaction, the Luksic family will own approximately 14.2% of Nexans.
France
