French and Benelux stocks - Factors to watch on June 17

Wed Jun 17, 2009 1:31am EDT
 
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PARIS, June 17 (Reuters) - Below is company-related news and leading stories from French and Benelux newspapers that could have an impact on the region's markets or individual stocks.

AEROPORTS DE PARIS (ADP.PA)

ADP lowered its EBITDA forecast for 2009, citing a larger-than-expected drop in traffic due to the economic crisis. The airport operator maintained its forecast for slight sales growth in 2009, but said in a statement that EBITDA should come in at the same level as last year. It had previously forecast a slight rise in EBITDA year-on-year. For details, see: [ID:nLG46217]

KLEPIERRE (LOIM.PA)

France's third-biggest listed property group said on Tuesday it had reached a deal with banks on debt covenants and has a new credit facility of 2.4 billion euros maturing 2015. For details, see: [ID:nLG802389]

THOMSON SA (TMS.PA)

French media technology company Thomson SA (TMS.PA) on Tuesday tried to reassure shareholders that the debt-for-equity restructuring deal it was negotiating with its creditors was in the interest of all involved. [ID:nLG842124]

MICHELIN (MICP.PA)

Tyre maker is due to meet trade unions over possible job cuts.

BROKER CHANGES:  Continued...

 

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