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Europe ends overall in green | Bel 20 lags behind, weighed down by Ageas

* ASM INTERNATIONAL

the semiconductor supplier, on Tuesday announced revenue of up to 610 million euros in the third quarter, a performance slightly higher than its forecasts.

* BARCLAYS

– British bank Barclays saw its profits rise 10% year-on-year in the third quarter on a rise in its revenue, but its provisions for credit losses tripled in the face of a slowing economy. Net profit group share reached £1.5bn for the three months to the end of September, on revenue of £6.0bn, up 9%.

* DASSAULT SYSTEMS

– The Dassault Systemes group raised its full-year profit and revenue forecasts on Wednesday, mainly due to the dollar’s rise, after posting quarterly results that beat expectations.

* GERMAN BANK

– The number one German banking group Deutsche Bank multiplied by more than five over a year its net profit for the third quarter, the highest “in a decade” thanks to the fruits of its restructuring initiated in 2019, he indicated on Wednesday. The group’s share of net profit reached 1.1 billion euros compared to just 194 million euros in the third quarter of last year, Deutsche Bank said in a press release. It far exceeds analysts’ expectations.

* HEINEKEN

– The brewery sees signs of weak consumer demand after its beer sales missed estimates amid rising inflationary pressures. The world’s second-largest brewer said beer volume rose 8.9% on an organic basis during the third quarter, lower than analysts’ average estimate of 11.8%. Rising costs have squeezed margins and rising prices have kept some customers from drinking more. “We increasingly see reasons to be cautious about the macroeconomic outlook, including some signs of weaker consumer demand,” CEO Dolf van den Brink said in a statement on Wednesday.

* INDITEX

owner of brands Zara, Bershka and Massimo Dutti, announced on Tuesday the sale of its stores in Russia to the Daher Group, without ruling out a move to the country if “circumstances” change.

* MERCEDES

– Premium carmaker Mercedes-Benz doubled its third-quarter net profit year-on-year to nearly 4 billion euros, thanks to improved sales, particularly in China, as well as the increase in its prices. Despite the tensions that continued this quarter on supply chains, the German group achieved revenue of 19% to 37.7 billion euros, he announced in a press release on Wednesday. .

*MICHELIN

posted revenue up 20.5% to 20.7 billion euros year-on-year for the first nine months of the year, but revised its structural free cash flow target to 700 million euros from 1.2 billion euros previously.

* GOAL

reported third-quarter revenue growth of 24.2% compared to the same period a year ago.

* VINCI

recorded quarterly revenue that rose 12% on a like-for-like basis to 16.7 billion euros, the group announced, also confirming its annual outlook.

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