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PARIS, April 26 (Reuters) – Stocks to watch on Tuesday at the Paris Stock Exchange and across Europe where futures are pointing to a higher open:
* ORANGE ORAN.PA reported first-quarter core operating profit (EBIDDaL) up 1% as growth in its business in Africa and the Middle East offset lower sales in Spain and France. nL5N2WO1AQ The group has also announced that it has no plans to sell its network of telephone poles. nL5N2WO1BC
* FAURECIA EPED.PA, HELLA HLE.DE – Forvia, resulting from the acquisition of Hella by Faurecia, saw its first quarter sales increase by 1.1% in organic data to 5.3 billion euros and anticipates for the 2022 sales of between 23 and 24 billion euros and an operating margin of 4% to 5%. nL5N2WO0YG
* ALSTOM ALSO.PA announced on Tuesday that it has filed a request for arbitration before the International Chamber of Commerce on its acquisition of Bombardier Transportation and relates to the breach of certain contractual provisions of the sales agreement. nFWN2WO0MU
* ORPEA ORP.PA, in turmoil since the end of January against a backdrop of accusations of shortcomings in the care of residents of its retirement homes, announced on Tuesday the postponement of the presentation of its annual results and the publication of the first results independent external audits. nFWN2WN1L2
* ESSILORLUXOTTICA ESLX.PA has filed a lawsuit against JP Morgan in the United States for failing to detect signals suggesting fraudulent transfers, according to documents filed Monday night in federal court in New York. nP6N2VR04F
* LAGARDERE LAGA.PA maintains its annual objectives after having reported a 44% increase in published data of its quarterly turnover to 1.3 billion euros. nFWN2WO0MK
* M6 MMTP.PA published Tuesday a consolidated turnover up 8.7% over one year, to 322.5 million euros. nFWN2WN1HQ
* HSBC HSBA.L posted a bigger-than-expected decline in quarterly profit on Tuesday and ruled out the possibility of more share buybacks this year amid rising inflation and economic uncertainty due to the war in Ukraine should affect its prospects.
* UBS UBSG.S on Tuesday published unexpected growth in its net profit in the first quarter, thanks to the dynamism of transactions. nL5N2WO0RO
* NOVARTIS NOVN.S reported a lower-than-expected increase in first-quarter operating profit as sales growth of its new drugs was partially offset by unfavorable currency effects.
* RANDSTAD RAND.AS on Tuesday published a net profit above expectations at 286 million euros. nL5N2WO1U9
* SANTANDER SAN.MC published Tuesday a net profit in the first quarter up 58% year on year thanks to higher results in Europe and a solid performance in South America.
* BAYER BAYGn.DE – The German group said on Monday evening that it had had a “very successful” start to the year thanks in part to its activities aimed at agricultural markets and it confirmed its forecast for annual operating profit per share excluding effects change.
* BMW BMWG.DE and Audi of the VOLKSWAGEN Group VOWG_p.DE have suspended car deliveries by train from Germany to China due to the war in Ukraine, the Nikkei business daily reported on Tuesday.
* ASSOCIATED BRITISH FOODS ABF.L posted half-year profit nearly doubling as its Primark brand improved performance as health restrictions eased.
* MAERSK MAERSKb.CO has revised upwards its forecast for annual gross operating surplus after higher results in Q1.
* DEUTSCHE BÖRSE DB1Gn.DE – The operator of the Frankfurt Stock Exchange raised its targets for 2022 on Monday after a first quarter that beat expectations, driven by strong trading activity.
* VALNEVA VLS.PA and Pfizer PFE.N on Tuesday announced positive Phase II pediatric data for their Lyme disease vaccine candidate, VLA15.
* KORIAN KORI.PA – The manager of retirement homes and nursing homes reported on Monday a 7.4% increase in its turnover in the first quarter to 1,093 million euros and confirmed its objective of organic growth above 4% in 2022. nP6N2VR04E
* SODEXO EXHO.PA – The collective catering group is in negotiations with the CVC fund with a view to opening up the capital of its restaurant ticket division, the newspaper Les Echos reported on Monday. nL5N2WN3XT
* KUEHNE & NAGEL KNIN.S – The Swiss logistics group reported a 162% jump in first-quarter net profit on Tuesday on strong demand.
* SSAB SSABa.ST reported a bigger-than-expected jump in quarterly profit on Tuesday on the back of higher steel prices but the Swedish steelmaker said demand and supply prospects were marred by uncertainty.
* SMCP SMCP.PA published a 26.4% increase in its consolidated turnover in the first quarter and confirms its 2022 forecasts on the condition that the health context in Asia-Pacific (APAC) improves fairly quickly. nFWN2WO00G
(Written by Marc Angrand and Latitia Volga, edited by Jean-Michel Bélot)