CS
Air Liquide -2-3% No's light, Segment miss across gas and services
Amundi +2% AuM up 5% y/y, Net inc EU148m cons 130m, commentary upbeat
Amec M/P Wins Thai Oil’s Clean Fuel Project contract
Anglos M/P Set to ‘Unbundle’ Kumba, CEO Tells Telegraph
Banks +2-3% Following results of the EBA stress tests
Cobham +1-2% Asks headhunter Korn Ferry to find replacement for CEO
Fidessa +1-2% Numbers slightly ahead of market expectations
Fraport -2% Selling stake in Thalita, maintains 2016 outlook for EBITDA
Fuchs Petro M/P Numbers and outlook inline with market expectations
Heineken -1% H1 profit 977 vs 1.01bn, organic vols 4.7% vs cons 5.4%
Intertek UNCH Revs/Profit light, org growth inline
Keller -2% H1 revenues lower, Strong perf from North America and EMEA
Legrand +1% Sales inline, op profit 2% ahead, guidance unchanged
MorphoSys M/P H1 and guidance inline with market expectations
Miners +1% Copper UNCH, Brent +1.25%, Iron Ore +2.5%, China -1.14%
Parmalat +2-3% H1 revenues 1% ahead, EBITDA 6% ahead, confirms guidance
Senior -2% 1h revs 450.5m vs cons 429m, expect a stronger 2h
Veolia Env +1% EBITDA inline, targets for 2016 and 2018 confirmed
Ultra Elec M/P H1 revs ahead £366m vs cons £360m, confident on FY
Will Hill +1-2% Will unveil plans to reinvigorate its online business
MF
*VIVENDI-CEO says Mediaset not the only poss partner,t/o denied.....U/C
*VEOLIA-Rev 11.96b(11.95),Net 251m(291),Confirms 2016 tgts..........+0.5%
*HEINEKEN-Rev 10.1b(10.3),Pft Ex 977m(1.01),OR 4.7%(5.4),Beer wk....-2%
*AIR LIQUIDE-Rev 8.295b(8.32),Op Inc 1.38b(1.43),Cap Inc Sep/Oct....-2%
*FUCHS-Q2 585.8m(571),Ebit 97.5m(92),NI 67.9m(64),confirms o/lk.....+1.5%
*LEGRAND-Rev 2.45b(2.448),Net Inc 283.5m(284),Confirms 2016 tgts....+2% *
FRAPORT-Sells Thalita stake to Qatar,generate €30-€40m gain........-0.5%
*POSTE ITALIA-Italian Treasury to place a further 29.7%(Mid Oct)....-1%
*TUI-CEO says won't cut uk prices after Brexit - Sonntag............+1.5%
*S.E.B-CEO says double digit growth continues in China..............+1%
*MORPHOSYS-Rev 24.3m,FY guidance 47-52m(48),Ebit -58/-68m(-64)......+0.5%
JPM:
ABN Relative loser vs KBC and ING on EBA stress test -1%
ABN Relative loser vs KBC and ING on EBA stress test -1%
AIR LIQUIDE Sales miss, net income 1% better,clarity on cap raise for Airgas+1%
BURBERRY Acquired remaining 15% interest in its China Retail biz unch
DBK Some relief post EBA stress test +3%
HEINEKEN Small lfl miss vs cons but better margin implies FY upgrades +1%
INTERTEK Broadly inline. Op profit 1% ahead vs JPMe +1%
LEGRAND 2.5% EBIT beat on a 50bps margin beat vs cons, confirms FY tgts +1%
RBS Relative loser in UK on EBA stress test -2%
UK FOOD MRW announcing px cut of >1,000 products -1%
VEOLIA operationally inline, all targets reiterated unch
shore
KELLER - rev +12%,oper.pft -6%,very difficult trading in APAC,FY at low end.-2%
JAMES HALSTEAD - PBT +7.5%,trading in H2 was challenging,FY results inline.UNCH
TRINITY MIRROR - grp rev +29.9%,oper.pft +44.3%,print environment chal'ging.+1%
SENIOR - H1 pbt 32.6m.Divi 1.95p.Expects H2 to be stronger than H1..........+1%
IAG - Qataris up stake to 20.01%.No intention to increase further..........UNCH
ULTRA ELEC - H1 ptp 32.6m.Divi 14.2p.On track to meet fy expectations......UNCH
FIDESSA - H1 ptp 22.2m.Divi 14.3p.Sees Fy growth at H1 levels...............+1%
INTERTEK - revs +13.6% £1.2bn,oper.pft +13.1%,margins stable................+1%
EASYJET - Amsterdam-based pilots to strike on Monday morning...............UNCH
MORRISONS - cuts c.18% price cut to over 1,000 products....................UNCH