CS
Airbus +2% Philippine Airlines to buy six A350 aircraft
Berensden +1-2% CS upgrade to OUTPERFORM (Value creative growth)
Dior UNCH FY revenues 1% miss, profit from recurring ops 3% miss
GN Store +2-3% Q4 sales 1% beat, net income 1% light, outlook inline
Hammerson M/P Entered into 50/50 JV with CPPIB
Henderson -1% CS downgrade to NEUTRAL (Challenging year)
L'Oreal +2-3% Q4 org growth 4.8% cons +3.9%, EPS €6.18 cons €6.14
M&C -1-2% Impairment charge of £43m relating to 4 hotels
Miners +2% Copper +0.45%, Brent +4.45%, Iron Ore Closed, China Closed
Mittal M/P Numbers inline with previous guidance
Oils +2% U.A.E. Oil Minister - ‘Everyone is Ready to Cooperate,’
Renault +2-3% FY Op profit EU2.32B est EU2.02B, margin achieved in 2015
Rolls Royce +2-3% Trdg outlook for 2016 unch, divi cut not as bad as feared
Schindler +3-4% FY Net profit CHF747m, towards top end of previous guidance
SSAB +2-3% No's inline and guidance unchanged, no rights issue
Temenos +2% Q4 2015 numbers reassuring strength
Thyssen +1% Q1 small miss, net debt inline, reiterates FY guidance
Ubisoft -4-5% Q3 sales look light and cuts FY guidance
MainFirst Pre Mkt Indications
*RENAULT-Net 2.82b(2.81),Rev 45.3b(44.9),OP 2.32b(2.02),Div 2.4....+3%
*THYSSEN-Sales 9.55b(9.9),Ebit 234m(239.6),FY Earns/CF in range....-2%
*CBK-NI 187m(156.1),Rev be4 LLP 2.23b(2.27),Div 20c(30)............+8%
*GN STORE-Sales 2.46b(2.43),Net 346m(351),Divi 99c(1.15)...........+0.5%
*SOC GEN-Oudea says there is no new banking crisis - Figaro........-1%
*SCHINDLER-Orders 9967m(9811),Sales 9391m(9355),Net 747m(757)......+0.5%
*JULIUS BAER-Said to bid for Barclays Asia Wealth - Reuters........+0.5%
*L'OREAL-FY OP 4.39b(4.39),Rev 25.3b(25.1),L-F-L Sales 4.2%(3.7)...+2%
*TEMENOS-Rev $173.4m(159.3),Ebit $65.2m(65.4),outlook inline.......+1%
*DAIMLER-Press spec about management reshuffle-we think neutral....U/C
*UBISOFT-Rev 562m(653),Cuts FY Sales and Operating Profit f/c......-4%
*CARL ZEISS-REv 262.2m,Ebit 32.2m,Margin 12.3%,FY outlook unch.....+3.5%
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UK
* BARCLAYS-OCBC, Julius Baer Said to Bid for Barclays Asia Wealth(Reuters)..+1%
* HAMMERSON-Signs JV wih CPPIB on Grand Central SC for £175m...............+1/2%
* PREMIER OIL/ROCKHOPPER-JV cancels Rig contract.Sml -ve but oil strong.....+5%
* ROLLERS-FY. CUt div(expected) but maintains guidnace....................+2-3%
EU
* CARL ZEISS-Q1 rev and ebit look in line, confirms margin goals.............+3%
* COMMERZBANK-Q4 rev inline, net 20% beat, div light, CET1 good at 12%.......+7%
* DAIMLER-said to restructure management board (HB)..........................+1%
* DTEL-Apollo, Warburg said to bid for T-Mobile Netherlands..................+1%
* GN STORE-Q4 sales in line,net/div miss, FY16 ebita guidance below cons.....-2%
* L’OREAL-Q4 lfl sales +4.2% vs est +3.7%, div in line.......................+3%
* RENAULT-FY net 14% ahead, rev in line, div small beat......................+3%
* SCHINDLER-FY numbers look in line, FY16 guidance in line too...............+2%
* SSAB-Q4 op loss 12% worse than cons,no div(expected),raises synergy tgts...+2%
* TEMENOS-Q4 rev $173m(est $159m),ebit in line,FY16 guidance ahead of cons...+5%
* THYSSEN-Q1 sales 4% light,ebit 2% light,FY f/c ‘still in range’............-2%
* UBISOFT-Q3 rev 14% miss,cuts op prof guidance,Vivendi stake supports price.-3%
* VIVENDI-see Ubisoft cutting guidance (owns 11%) offset by broker u/g away..+2%
shore
SUPERGROUP - co-founder Dunkerton to sell 4m shares in placing..............MKT
MILLENNIUM & COP' - to recognise £43m impairment charge.....................-1%
MONITISE - EBITDA losses narrow,projects positive in H2,has £53.4m cash...+tive
ACAL - inline,UK D&M div impacted by fewer orders,maintains FY outlook......-1%
GLAXO - fined £38m by the CMA for blocking generic competitors.............UNCH
PREMIER OIL - terminates drilling contract at Chatham Well................-tive
S&U - record results from motor finance biz,seeking acquisitions............+2%