Market Updates

BSkyB, WH Smith Profit Climb; Carrefour, Dassault Sales Drop

Nigel Thomas
16 Oct, 2014
New York City

    BSkyB net surged 215% to

[R]4:00 PM Frankfurt – BSkyB net surged 215% to £608 million on 6% increase in revenues. Carrefour third-quarter revenue slid 0.1% to €21.1 billion. Dassault Aviation quarterly sales declined 6% to €715 million. Syngenta revenue jumped 2% to $3 billion. WH Smith profit climbed 14% to £92 million.[/R]

In London trading, FTSE 100 index slid 0.1% or 7.03 to 6,204.61 and in Frankfurt the DAX index rose 0.2% or 18.51 to 8,590.46.

In Paris, CAC 40 index slipped 0.5% or 19.30 to 3,920.42.

British Sky Broadcasting Group Plc slipped 1% to 849.50 pence after the U.K.-based media and entertainment company reported revenue in the first-quarter ending in September climbed 6% to £1.93 billion from £1.84 billion a year ago period.

Net profit in the quarter surged 215% from a year ago to £608 million compared to £193 million and diluted earnings per share increased to 14 pence from 12.9 pence.

Carrefour SA gained 0.5% to €22.20 after the France-based supermarkets operator reported revenue in the third-quarter ending in September slid 0.1% to €21.08 billion from the same quarter a year ago.

The company reported domestic sales declined 1.1% to €10.04 billion but international sales jumped 0.8% to €11.04 billion from the same quarter a year ago.

Dassault Aviation SA declined 2.6% to €926 after the France-based aircraft maker reported sales in the third-quarter ending in September declined 6% to €715 million from €762 million a year ago period.

As of September, the company said backlog soared 13% to €8.32 billion compared to €7.38 billion a year ago.

The company forecasted sales for the year may decline compared to a year ago.

Syngenta AG fell 0.3% to 282.70 francs after the Switzerland-based crop protection products maker reported group sales in the third-quarter ending in September increased 2% to $2.98 billion from $2.92 billion a year ago period.

WH Smith Plc climbed 3.9% to 1,035 pence after the U.K.-based books, newspapers, magazines retailer said revenue in the year ending in August dropped 2.5% to £1.16 billion from £1.19 billion a year ago period.

Net profit in the year climbed 13.5% from a year ago to £92 million compared to £81 million and diluted earnings per share jumped to 76 pence from 63.8 pence.

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