French stocks are up in positive territory on Friday with investors mostly making cautious moves, assessing recent policy announcements from central banks, and continuing to weigh the potential impact of tariffs on economic growth. The benchmark CAC 40, which advanced to 7,934.92 earlier, was up 27.36 points or 0.35% at 7,881.97 a few minutes ago. Stellantis is rising 3.2%. ArcelorMittal is gaining nearly 3%, while Renault, BNP Paribas and Kering are up 1.6 to 1.7%.Credit Agricole and Societe Generale are ...

Market Overview - European markets showed positive movement on Monday afternoon, driven by investor optimism regarding a potential rate cut by the Federal Reserve [1] - The pan-European Stoxx 600 index increased by 0.43%, with Germany's DAX up 0.15% and France's CAC 40 gaining 1.1% [2] Sector Performance - In the French market, Kering was the top performer, rising nearly 5%, followed by Thales and Societe Generale with increases of 4% and 3.6% respectively [3] - In Germany, Sartorius climbed nearly 3%, while several other companies including Rheinmetall and Infineon saw gains between 1% and 2.5% [4] - The UK market saw Sainsbury (J) increase by about 4.7%, while Centrica surged 3.5% [5] Economic Indicators - The euro area trade surplus decreased to EUR 12.4 billion in July from EUR 18.5 billion a year earlier, although it was above June's level of EUR 8 billion [7] - Annual export growth in the euro area halved to 0.4% in July, while imports rose by 3.1% [7] - Germany's wholesale price inflation accelerated to 0.7% in August, driven by higher food and non-ferrous ores [8]

Group 1: Market Reaction - Despite Fitch Ratings lowering France's long-term credit rating, the French stock market is showing positive movement, with investors anticipating policy announcements from major central banks this week [1] - The benchmark CAC 40 index increased by 95.78 points or 1.23%, reaching 7,921.02 [2] Group 2: Company Performance - Kering's stock rose more than 4%, while Thales increased nearly 4% [2] - STMicroElectronics and Societe Generale saw gains of 3.1% and 2.85%, respectively [2] - Other notable companies such as Credit Agricole, L'Oreal, LVMH, and Airbus experienced increases between 2% to 2.2% [2] - A broader range of companies including BNP Paribas, Bouygues, Stellantis, and TotalEnergies saw stock increases between 1% to 1.8% [2] Group 3: Economic Indicators - The euro area trade surplus decreased to EUR 12.4 billion in July from EUR 18.5 billion the previous year, although it was above June's level of EUR 8 billion [4] - Annual export growth slowed to 0.4% in July from 0.8% in June, while imports rose by 3.1% [4] - The decline in trade surplus was primarily attributed to chemicals and related products, which saw a surplus drop to EUR 17.4 billion from EUR 23.8 billion [5]

Market Overview - France's CAC 40 index opened modestly higher, reaching a peak of 7,823.34 before settling at 7,778.94, up 29.55 points or 0.38% [2] - The market sentiment remains steady following the appointment of Sébastien Lecornu as the new Prime Minister of France and optimism regarding a potential larger interest rate cut by the Federal Reserve [1] Company Performance - Thales shares increased by more than 3.5% [3] - EssilorLuxottica saw a rise of nearly 3% [3] - Schneider Electric gained 2.2% [3] - Legrand's stock was up nearly 2% [3] - Other companies such as ArcelorMittal, Bouygues, Credit Agricole, Airbus, and Societe Generale experienced gains between 1% to 1.5% [3] - Dassault Systemes, AXA, Vinci, Safran, Vivendi, and Veolia Environment also reported modest gains [3] - Pernod Ricard's stock declined by about 2.5% [3] - Accor, STMicroElectronics, Teleperformance, and Carrefour saw declines between 1.2% to 2% [3] - Kering, Stellantis, Edenred, and L'Oreal also faced notable decreases [3]

Data breach at French telecom giant Bouygues affects millions of customers | TechCrunch https://t.co/THFGKv8p3r ...

Please find attached the first-half 2024 financial report. Attachment First-half 2025 financial report ...

Core Viewpoint - Stéphane Stoll has been appointed as Senior Vice-President and Chief Financial Officer of the Bouygues group, effective from August 1, 2025, and will join the Group Management Committee on the same date [1][4]. Group 1: Appointment Details - Stéphane Stoll, aged 55, has a long history with Bouygues, starting his career in 1994 as a project leader [2]. - His previous roles include Chief Financial Officer of Bouygues Energies & Services and Executive Vice President of Energies & Industry [3]. Group 2: Company Overview - Bouygues is a diversified services group operating in over 80 countries with 200,000 employees, focusing on construction, energies & services, telecoms, and media [5].

Group Performance - The Group reported sales of €26.87 billion in H1 2025, an increase of 1.3% compared to H1 2024, driven mainly by construction businesses [5][7][12] - Current operating profit from activities (COPA) reached €796 million, up €49 million year-on-year, largely due to contributions from Equans and construction businesses [5][7][12] - Net profit attributable to the Group, excluding exceptional income tax surcharge for large companies in France, was €220 million, an improvement of €34 million year-on-year [7][12][28] - The Group's net debt improved to €8.5 billion at end-June 2025, a reduction of €206 million compared to end-June 2024, despite net acquisitions of approximately €1.2 billion [7][35][36] Business Segments Construction Businesses - The construction businesses reported sales of €12.7 billion in H1 2025, up 3% year-on-year [18] - The backlog in construction businesses reached €33 billion, a 6% increase year-on-year, providing good visibility on future activity [14] - Bouygues Construction's backlog increased by 8% year-on-year to €17.2 billion, driven by Civil Works and France Building [16] Equans - Equans posted sales of €9.2 billion in H1 2025, a slight decrease of 1% year-on-year, reflecting a selective approach to contracts [21] - COPA for Equans was €364 million, up €64 million year-on-year, with a margin from activities of 3.9%, an increase of 0.7 points [22] Bouygues Telecom - Bouygues Telecom's sales reached €3.9 billion in H1 2025, a 3% increase year-on-year, driven by La Poste Telecom [28] - The total fixed customer base was 5.3 million, with FTTH customers totaling 4.4 million, reflecting strong growth in fixed services [25][54] - Bouygues Telecom's COPA was €306 million, down €50 million year-on-year, primarily due to increased depreciation and amortization [30] TF1 - TF1 group maintained a stable sales figure of €1.1 billion in H1 2025, with a COPA of €131 million, broadly stable year-on-year [31][32] - The audience share for TF1 was 33.7% in the WPDM<50 category, indicating strong performance in target segments [55] Financial Outlook - The Group targets a slight increase in sales and current operating profit from activities for 2025, despite a very uncertain macroeconomic and geopolitical environment [8][9] - The estimated total impact of the French Finance law and the Social security financing law for 2025 on net profit is around €100 million [9][10]

Group Outlook - The Group's outlook for 2025 is confirmed despite a very uncertain macroeconomic and geopolitical environment, targeting a slight increase in sales and current operating profit from activities compared to 2024 [6][8]. Financial Performance - Group sales for Q1 2025 reached €12.6 billion, reflecting a 2.2% increase year-on-year [3][4]. - Current operating profit from activities (COPA) was €69 million, up €43 million year-on-year, with a margin from activities of 0.5%, an increase of 0.3 percentage points [3][4]. - The net result attributable to the Group, excluding the exceptional income tax surcharge for large companies in France, improved to -€123 million, a €23 million improvement year-on-year [4][8]. - Net debt at the end of March 2025 was €7.1 billion, a reduction of €645 million compared to the previous year [4][29]. Segment Performance Construction Businesses - The construction businesses reported sales of €5.5 billion in Q1 2025, up 3% year-on-year, with a backlog reaching a record €34.2 billion, up 12% year-on-year [11][15]. - Colas' backlog increased by 9% year-on-year to €15.1 billion, while Bouygues Construction's backlog rose by 17% to €18.3 billion [13][14]. - The current operating loss from activities in the construction businesses was €240 million, an improvement of €24 million year-on-year [16][50]. Equans - Equans achieved sales of €4.6 billion in Q1 2025, stable year-on-year, with a current operating profit from activities of €177 million, up €44 million year-on-year [18][50]. - The backlog at Equans was €26.4 billion, reflecting a 1% increase year-on-year [17][18]. Bouygues Telecom - Bouygues Telecom reported sales of €1.99 billion, a 5% increase year-on-year, with a solid performance in both fixed and mobile segments [24][26]. - The customer base for FTTH reached 4.3 million, with an increase of 148,000 new customers in Q1 2025 [19][40]. - Current operating profit from activities at Bouygues Telecom was €101 million, down €29 million year-on-year due to lower EBITDA after leases [26][50]. TF1 - The TF1 group maintained its audience leadership with a 33.0% audience share in Q1 2025, reporting sales of €520 million, a 2% increase year-on-year [27][31]. Financial Situation - The Group maintained a high level of liquidity at €14.8 billion, comprising €3.8 billion in cash and cash equivalents [28][29]. - The change in working capital requirements was a negative €0.9 billion, lower than in Q1 2024 [30].