French and Benelux stocks-Factors to watch on September 15
Sept 15 (Reuters) - Below are company-related news and stories from France and Benelux which could have an impact on the region's markets or individual stocks.
EIFFAGE FOUG.PA:
French construction group Eiffage was picked for civil engineering works at the Neomat CAM plant in Dunkirk, a project representing an investment of nearly €500 million. The construction and development works will employ up to 400 people and continue until 2028.
EXAIL TECHNOLOGIES EXA.PA:
French high-tech company Exail Technologies reported preliminary first-half operating income rose 61% year-on-year to €46 million ($53.07 million) and postponed its full first half earnings announcement to Sept 24. The company's first-half cash flow was characterized by an increase in working capital requirements of around €70 million, though very significant cash inflows are expected in the second half of the year.
GENFIT GNFT.PA:
French biopharmaceutical company Genfit is advancing nangibotide into a Phase 2A ACLF study in the fourth quarter of 2026 with data expected in 2027, after the drug showed a statistically significant reduction in mortality in severe COVID-19. Nangibotide has demonstrated a favourable safety profile across four clinical trials.
TOTALENERGIES TTEF.PA:
French energy major TotalEnergies and the Iraqi government have agreed to start discussions on energy projects in the country involving large-scale investments aimed at boosting Iraqi oil production while contributing to improving energy sovereignty and the country's energy transition.
Separately, the company announced a €100 million partnership with artificial intelligence firm Mistral to use its AI models to support TotalEnergies' geosciences exports.
AXA AXAF.PA
The French insurance company releasedfinancial targets for the period 2027-2029. AXA expects circa €25 billion cumulative organic cash upstream in the period and a total payout ratio target of 75%. For this year, the company said it now expects underlying earnings per share growth to be at the top end of the 6%-8% range and its return on equity at the top end of its target range 14%-16%.
Pan-European market data:
European Equities speed guide...................
FTSE Eurotop 300 index...............................FTEU3
DJ STOXX index.......................................STOXX
Top 10 STOXX sectors............................PGL.STOXXS
Top 10 EUROSTOXX sectors.......................PGL.STOXXES
Top 10 Eurotop 300 sectors......................PGL.FTEU3S
Top 25 European pct gainers........................PG.PEUR
Top 25 European pct losers.........................PL.PEUR
Main stock markets:
Dow Jones................DJI Wall Street report ......N
Nikkei 225..............N225 Tokyo report.............T
FTSE 100................FTSE London report............L
Xetra DAX..............GDAXI Frankfurt items..........F
CAC-40..................FCHI Paris items.............PA
World Indices.....................................
Reuters survey of world bourse outlook.........
European Asset Allocation........................EUR/ASSET
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Equities..............TOP/EQE
Main oil report...........O/R
Main currency report.....FRX/
($1 = 0.8669 euros)