Areva, Carrefour, Gecina, LDC, Sanofi: French Stocks Preview

By Fabio Benedetti-Valentini

June 30 (Bloomberg) -- The following is a list of companies whose stocks may have unusual changes in Paris. Symbols are in parentheses after company names and prices are from the last close.

France’s CAC 40 Index increased 63.95, or 2 percent, to 3,193.68 in Paris, advancing for the first time in three days. The SBF 120 Index gained 1.9 percent.

Areva SA (CEI FP): The world’s largest nuclear-reactor builder is holding a board meeting in Paris, where it’s expected to discuss plans to raise capital and sell a power-grid equipment unit, according to people familiar with the situation. The company’s investment certificates gained 21.80 euros, or 5.4 percent, to 424.80 euros.

Carrefour SA (CA FP): Europe’s largest retailer is holding an analysts day in Paris. The shares added 13.5 cents, or 0.4 percent, to 31.38 euros.

Faiveley SA (LEY FP): The railroad-equipment maker reported a 42 percent rise in full-year net income to 51.5 million euros and forecast a “stable level of business” for the current year. The shares rose 30 cents, or 0.6 percent, to 55.24 euros.

Gecina SA (GFC FP): The French capital’s largest office landlord reports first-half earnings before the market opens in Paris. The shares advanced 7 cents, or 0.2 percent, to 43.60 euros.

Latecoere SA (LAT FP): The company, which makes parts for Airbus SAS and Boeing Co. planes, said its supervisory board approved a plan to transfer some production from its Cornebarrieu, France site to other factories. It also named Jean-Claude Chaussonnet as supervisory board chairman, replacing Francois Junca who is stepping down. The shares closed unchanged at 4.10 euros.

LDC SA (LOUP FP): Europe’s largest publicly traded poultry processor said first-quarter revenue rose 0.6 percent to 473.3 million euros and repeated its forecast for full-year operating profit to rise more than 20 percent. The shares gained 72 cents, or 0.9 percent, to 82.30 euros.

PSA Peugeot Citroen (UG FP): Europe’s second-largest carmaker increased its exchangeable bond offer to 575 million euros from 500 million euros previously. The shares added 34.5 cents, or 1.9 percent, to 18.70 euros.

Cie. de Saint-Gobain SA (SGO FP): Europe’s biggest supplier of building materials said nearly 65 percent of its dividend payout will be in new shares. The company has issued 13.8 million new shares which will trade for the first time on July 2. The stock rose 89 cents, or 3.8 percent, to 24.40 euros.

Sanofi-Aventis SA (SAN FP): France’s biggest drugmaker said studies published in the journal Diabetologia are “poor quality” and don’t show evidence of an increased cancer risk from the use of its diabetes drug Lantus. The shares gained 60 cents, or 1.5 percent, to 41.45 euros.

To contact the reporter on this story: Fabio Benedetti-Valentini in Paris at fbenedettiva@bloomberg.net.