French and Benelux stocks - Factors to watch on Nov 12

Thu Nov 12, 2009 2:37am EST
 
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PARIS, Nov 12 (Reuters) - Below are company-related news and leading stories from French and Benelux newspapers which could have an impact on the region's markets or individual stocks.

PSA PEUGEOT (PEUP.PA)

The French carmaker raised its 2009 forecasts upwards due to market improvement and the success of new models, seeing recurring operating income at break-even in the second half and positive free cash flow this year. [ID:nLC377408]

Seperately, PSA Peugeot expects China sales growth of 35 percent this year, the head of its China operations, Claude Vajsman, said on Thursday. Peugeot operates a car making joint venture with Dongfeng Motor Group Co (0489.HK) in China.

AEGON (AEGN.AS)(AEG.N)

The Dutch insurer beat third-quarter net profit estimates on Thursday and said it was "encouraged" by improved sales and net inflows into its savings and asset management products.

EDF (EDF.PA)

The electricity group trimmed its full-year guidance on Thursday despite delivering a 6.7 percent rise in nine-month sales as the integration of British Energy helped make up for unplanned outages at French nuclear power plants.

GDF SUEZ (GSZ.PA)

The French power and gas group on Thursday maintained its goal of higher full-year operating profits despite a decline in the nine-month figure on falling gas prices. [ID:nLA696859]

VOPAK (VOPA.AS)

The Dutch oil and chemicals storage company's operating profit rose 29 percent in the third quarter, boosted by expanding capacity and firm oil sector demand, and it raised its outlook for the full year. [ID:nLB185823]  Continued...

 

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