Telecoms and cable group Altice Europe beat quarterly core profit forecasts on Thursday, as it added French mobile and residential fibre customers, offsetting lower media revenues.
Nov 19 Telecoms and cable group Altice Europe
beat quarterly core profit forecasts on Thursday, as
it added French mobile and residential fibre customers,
offsetting lower media revenues.
Nov 17 Iliad SA added a record number
of users to its French fiber broadband network in the third
quarter in a boost to sales, and said it expected a less severe
slowdown under a second wave of lockdowns.
Mall owner Unibail-Rodamco-Westfield will seek new ways to manage its heavy debt after shareholders rejected a 3.5 billion euro ($4.15 billion) rights issue under pressure from activist investors.
* Shares top France's blue-chip CAC 40 and European STOXX
(Adds detail, analyst comment, milestones)
* Shares rise 6% and top French indices
(Updates shares, adds CEO's comment)
French billionaire Xavier Niel has teamed up with Unibail-Rodamco-Westfield's former boss to oppose the shopping mall group's planned 3.5 billion euro ($4.10 billion) rights issue, lifting the shares on Thursday.
Shares in Dutch mapping and navigation company TomTom jumped as much as 6% on Wednesday after it reported quarterly results ahead of analysts' forecasts, boosted by strong automotive sales in a recovering industry.
Sept 3 Shares in French telecoms operator Iliad
fell on Thursday, as the group's forecast for heavy
investments in its network offset a strong first-half boosted by
First-half earnings at Remy Cointreau will fall less than feared as a rise in cocktail drinking at home helps to offset a collapse in demand from travel retail and events in the coronavirus pandemic, the premium spirits maker said on Monday.