4:00 PM Frankfurt – AO World net swung to a loss and revenues soared 13%. Dialog Semiconductor sales were ahead of the latest forecast. Micro Focus International tumbled after reaffirming fiscal 2018 revenues to decline. Trigano profit and revenues soared.
In London trading, FTSE 100 index decreased 23.91 or 0.3% to 7,700.75 and in Frankfurt the DAX index advanced 53.92 or 0.4% to 13,376.87.
In Paris, CAC 40 index increased 19.91 or 0.4% to 5,490.54.
AO World Plc
gained 0.3% to 120.40 pence after the U.K.-based online electrical products retailer said revenues in the first-half ending in September advanced 13.3% from a year ago to £368 million.
Net in the period swung to a loss of £8.7 million from profit of £0.2 million in a year ago period and diluted loss per share swung to 1.90 pence from diluted earnings per share 0.11 pence.
Dialog Semiconductor Plc
fell 1.1% to €25.94 after the U.K.-focused integrated circuits maker reported fourth-quarter preliminary revenue of about $463 million, slightly higher from the guidance range announced on November 7.
In fiscal 2017, revenues soared 13% to $1.35 billion and mobile systems, connectivity and automotive and industrial revenues delivered double digit revenue growth from a year ago period.
Micro Focus International Plc
tumbled 17.2% to 2,139 pence after the U.K.-based online software developer reported total sales in the first-half ending in October soared 80.7% from a year ago to $1.2 billion.
Net income in the year jumped 38.9% to $116.9 million from $84.2 million in a year ago period and diluted earnings per share decreased to 34.64 cents from 38.12 cents.
The software developer reaffirmed fiscal 2018 revenues to decline between 2% and 4% from the reported revenues of $4.2 billion in fiscal 2017.
jumped 6.7% to €159.70 after France-based recreational vehicles and equipment maker reported total sales in the first-quarter ending in November surged 50.8% from a year ago to €544.7 million.
Sales in leisure vehicles segment soared 54.4% to €506.2 million and sales in leisure equipment increased 15.9% to €38.5 million from the same period a year ago.
Trigano said strong growth in leisure vehicles was driven by the integration of Adria, Auto-Sleepers and Michael Jordan (British dealership of motorhomes and caravans acquired in September 2017).