PARIS, March 10 (Archyde.com) – The stocks to follow on Friday on the Paris Stock Exchange and in Europe:
* The European banking sector .SX7P is expected to be under pressure on Friday following the woes of Silicon Valley Bank, a subsidiary of SVB Financial Group SIVB.O, which plunged 60% Thursday on Wall Street following a surprise capital raise for face liquidity risk.
* EDF EDF.PA plans to unveil internally on Friday an updated strategy for the inspection and repair of its nuclear power plants, following a request to this effect from the Nuclear Safety Authority (ASN) following a crack discovered on a reactor at Penly power station, said a source at the public electrician.
* CASINO CASP.PA reported on Friday an annual current operating profit down 12.1% at constant exchange rates, penalized by its activities in France and in e-commerce. Casino has also signed an exclusive agreement with Teract with a view to creating the French leader in responsible and sustainable distribution.
* The values BENETEAU CHBE.PA, MERSEN CBLP.PA and VOLTALIA VLTSA.PA will join the SBF 120 index on Monday March 20 and MCPHY ENERGY MCPHY.PA will leave it, Euronext, the operator of the Paris Stock Exchange, announced on Thursday.
* SPIE SPIE.PA reported on Friday a 19.8% increase in its EBITDA in 2022 to 511.2 million euros and said it expected a further improvement in the EBITDA margin this year.
* DAIMLER TRUCK DTGGe.DE announced on Friday its intention to pay its first dividend, of 1.30 euros per share, following having reached its objectives for 2022. The group also expects an increase in profit and the turnover of business this year despite continued supply chain bottlenecks.
* LEONARDO LDOF.MI announced on Thursday that it had recorded an increase in new orders in 2022 above its expectations and the Italian defense group plans to pay a dividend of 0.14 euros.
* SCHAEFFLER SHA_p.DE – The German automotive supplier plans to sell its activities in Russia to Austrian businessman Siegfried Wolf, a member of its supervisory board, Der Spiegel magazine reported on Friday.
* SWEDBANK SWEDa.ST announced on Friday that it would provision 40 million Swedish crowns (3.51 million euros) as part of an investigation by US authorities into “historic failures” of the bank.
THE FRANCE & INTERNATIONAL 7-DAY AGENDA:
(Written by Laetitia Volga and Claude Chendjou, edited by Kate Entringer and Blandine Hénault)