CS
Amundi +3% Q1 net inline, AUM Eu1,128bn, strong inflows
Axiabank M/P Core operating trends in line, CET1 better
Bankia +3% Q1 revs 14% ahead, net income 27% ahead
BKIR -1% Capital from 12.3% to 12%, NIM inline
Barclays PLC +2-3% Revs ahead, NIM guidance upgraded
Bureau Veri M/P Revenues 2% beat, organic growth better, guidance confirmed
Cellnex M/P Q1 revs 1% light, EBITDA 1.2% ahead
Danske +1% Q1 Net 5.5bn (bbg cons. 4.52bn), fees and commissions ahead
DNB UNCH Q1 Net income 4.30b cons 4.26bn, CET1 slightly light
Electrolux +4-5% Sales 2% miss, Op Profit 15% beat
Elis M/P Org growth +2.3% vs cons +1.9%, reiterate guidance
Gam M/P Launched new share buy-back programme
Gemalto -10% Profit warning - Q1 revs inline, >10% cut to FY EBIT
Hastings +1% Customer policies increased, reiterates outlook
Just Eat -2% Executive Chairman, is taking a leave of absence
Linde R 1Q REV. EU4.39B, EST. EU4.25B, confirms forecasts
Mediaset Esp +3-4% Q1 results 12% ahead of cons, guidance unchanged
Miners +1% Copper +0.60%, Brent +2.85%, Iron Ore +2.50%, China -0.80%
MTU Aero +2-3% Sales €1.26bn vs cons €1.189, EBIT ahead, outlook confirmed
Oils +0.5% Brent +2.85% to $52.05, WTI +2.4% to $49.55
OMV +5% 1Q Results ‘Significantly’ Above Market Expectations
Nos M/P Revs in line and EBITDA 1% beat
Norsk Hydro -2-3% Q1 miss, EBIT 2.3bn NOK. Cons 2.7bn NOK
Renault M/P Q1 revs 7% beat, guidance unchanged
RBS +3-5% LFL basis Q1 adj PBT 1.55bn versus cons 1.1bn, CET1 better
Sanofi +1-2% EPS 1.42 vs 1.26, sales ahead,
SES M/P Q1 inline, guidance reiterated
Semis -0.5% INTEL -3% after hours despite Q1 $0.66 vs est $0.65
Teleperforce +2-3% Revenues 5% beat, organic growth 570bps better
TF1 +1% Q1 revs 1.7% ahead of cons
UBS +2-3% Q1 adj PBT of CHF1967m cons CHF1693m, pretax 14% ahead
Ultra Elec M/P Trading inline with previous release
Zodiac +3% 1h Sales inline, net income and debt better
MF
*UBS-Net 1.27b(953),OP 7.53b(7.37),PT 1.69b(1.28),WM 639m(637)......+3.5% *IMERYS-Sales 1.11b(1.11),Net 78.8m(91),OP 147.2m(149)..............-2%
*SEB-OP Pft €131m(132),OG +11.5%(6,1%)Confirms outlook,China gd.....+5%
*CAIXABANK-NI 403m(305.6),NII 1.15b(1.12),B/Loans 6.7%,CET 11.5%....+1%
*B/VERITAS-Rev 1.14b(1.124),OG 1.9%,OG in '17 +ve,SI 8.6%...........+2%
*TELEPERFORMANCE-Q1 Rev €1.07b(1.02),Confirms FY guidance...........+1%
*TF1-Rev 499m(492),Net 27.7m(6.5),Ad Growth +2%(1.7),SI 9%..........+2%
*VINCI-Q1 Rev €8.44b(8.178),Confirms FY trends,Construction +ve.....+2%
*RENAULT-Rev €13.1b(12.212),Auto 12.5b,o/l +2.5% vs 2%..............+2%
*SANOFI-Sales 8.65b(8.37),EPS 1.42(1.26),Diabetes sales weak........+1%
*REXEL-Rev 3.32b(3.3),Net 62.8m(52.3),Confirms FY targets...........+2%
*DANSKE-NI 5.5b(4.52),Inc 12.6b(11.6),FY Net 17-19b(17.88)..........+2%
*DNB-NI 4.3b(4.26),EPS 2.64(2.6),CET1 15.8%m,Loan Loss 18b 16-18....-3%
*BANKIA-Net 304m(228.9),Short Interest 6%...........................+3%
*LINDE-Rev 4.39b(4.25),OP 1.04b(1.01),Margin 23.7%(23.7),FY ok......+1%
*FUCHS-Sales 618m(590),OG 9%(5.7),Ebit 94m(94),NI 66m(67),take pfts.-3%
*NEMETSCHEK-Rev 96.3m(94),Ebitda 26.3m(25),EPS 37c(35),FY ok........-0.5%
*RIB SOFT-Rev 26.2m(26.1),Ebitda 15.3m(14.4),Ebit 11.8m(11.9).......+3%
*MTU AERO-Rev 1.26b(1.18),Ebit 157m(135.8),Net 111m(92.3)...........+2.5%
*ELECTROLUX-Sales 28.9b(29.4),OP 1.54b(1.35),ORG -3%,(SI 4%)........+3%
*MAERSK-Will buy Hamburg SUD for 3.7b,synergies 350-400m from 2019..+1%
*GEMALTO-Rev 651m(640),Sees Q2 Sales 9% YoY,Pfts backend loaded.....-10%
*NORSKE HYDRO-Sales 23b(24),Ebit 2.28b(2.82),Pft 1.58b(1.79)........-5%
*AMUNDI-Net Inflows 32.5b,Q1 Pft 143m,AUM 1.13trl as of March end...+3%
*MEDIASET ESP-Ebitda 81.2m(76.1),Net Inc 60.6m(55.3)................+3%
*CONTI-Sales 1b,Ebit 1.2b,Confident they can achieve FY targets.....+0.5%
*ZODIAC-Sales 2.447b,Op Inc -12m,Safran talks continue..............+1%
Exane :
Amundi u/c
Bankia +1%
Barclays +2%
Beneteau +3-4%
Bureau Veritas +2%
Cofinimmo u/c
Danske +2-3%
DNB -3-4%
Elis u/c
Gemalto -5%
Imerys -1%
Ingenico u/c
Ipsos -1%
Lectra +3%
Linde +1%
MTU +3-4%
Norsk Hydro -3%
OMV +1-2%
RBS +1-2%
Renault +3-4%
Rexel -1-2%
Sanofi +1%
SEB (SK FP) +5%
SES -1%
SPIE -1%
Showroomprive.com +2%
Teleperformance +4-5%
TF1 +3%
UBS +2-3%
Vinci u/c