4:00 PM Frankfurt – Alstom annual sales rise as deliveries in Europe and Asia and Middle East jump and signaling and system sales increase to 57%. Elior tumbled 17% on profit warning. Leoni profit surged and lifted fiscal outlook. Wirecard revenues soared 53%.
In London trading, FTSE 100 index increased 16.79 or 0.2% to 7,740.52 and in Frankfurt the DAX index gained 19.25 or 0.2% to 12,988.21.
In Paris, CAC 40 index rose 12.84 or 0.2% to 5,565.99.
jumped 4.9% to €40.66 after France-based rail transport services provider reported revenues in the year ending in March soared 9% from a year ago to €7.9 billion.
Net profit in the quarter surged 64.4% to €475 million from €289 million in a year ago period and diluted earnings per share advanced to €2.11 from €1.30.
The railway services provider said orders received in the quarter declined 27% to €7.2 billion from €10 billion in the same period a year ago.
Alstom forecasted fiscal 2018 revenue growth to achieve €8 billion and margin on earnings before interest and taxes of about 7%.
Elior Group SA
tumbled 16.9% to €12.65 after France-based catering and food services provider said preliminary revenue growth in the first-half ending in March jumped 3.9% and operating profit increased 6.9% to €231 million, which is below expectations from a year ago period.
Elior estimated capital expenditure in the period of about €150 million.
The catering and food service provider forecasted fiscal 2018 sales growth was unchanged from the earlier estimate of 3% and operating margin are estimated to be stable between 7.5% and 7.8% and earnings per share to decrease and capital expenditure of about €300 million from a year ago period.
advanced 3.7% to €54.38 after Germany-based wires, cables and wiring systems provider said sales in the first-quarter ending in March advanced 8.6% from a year ago to €1.3 billion.
Net profit in the quarter jumped 19.1% to €43.6 million from €36.6 million in a year ago period and diluted earnings per share increased to €1.34 from €1.11.
Leoni lifted fiscal 2018 group sales growth forecast to at least €5 billion from €4.9 in a year ago period and operating profit growth between €215 million and €235 million.
increased 1.5% to €54.38 after Germany-based electronic payment solution provider reported revenues in the first-quarter ending in March surged 52.9% from a year ago to €420.4 million.
Net profit in the quarter soared 46% to €70.8 million from €48.5 million in a year ago period and diluted earnings per share increased to €0.57 from €0.39.