4:00 PM Frankfurt – AVEVA net plummeted 46% to £10.7 million on 21% decline in revenues. Carlsberg profit dropped 5% to 2.10 billion kronor. Kabel Deutschland net swung to profit to €67 million. Serco announced fourth full-year profit warning. Telefonica Deutschland net swung to a loss.
In London trading, FTSE 100 index increased 0.5% or 30.75 to 6,597.99 and in Frankfurt the DAX index rose 0.1% or 7.80 to 9,299.63.
In Paris, CAC 40 index gained 0.2% or 7.21 to 4,197.10.
AVEVA Group Plc
soared 5.3% to 1,469 pence after the U.K.-based engineering software provider said revenues in the first-half ending in September plunged 21% to £85.9 million from £108.5 million a year ago period.
Profit in the period plummeted 46.01% from a year ago to £10.69 million compared to £19.80 million and diluted earnings per share slumped to 16.70 pence from 29.59 pence.
climbed 4.9% to 562.50 kronor after the Denmark-based beer and soft drinks maker reported sales in the third-quarter ending in September 4% to 18.12 billion kronor from 17.42 billion kronor a year ago period.
Profit in the quarter dropped 5% from a year ago to 2.10 billion kronor compared to 2.21 billion kronor and earnings per share slipped to 13.7 kronor from 14.4 kronor.
Kabel Deutschland Holding AG
gained 1.8% to €109.90 after the Germany-based cable network operator said revenues in the second-quarter ending in September jumped 6% to €500 million from €471 million a year ago period.
Net in the quarter swung to profit from a year ago to €67 million compared to a loss of €129 million and diluted earnings per share swung to €0.75 per share from a loss per share of €1.46.
Serco Group Plc
tumbled 33.1% to 212 pence after the U.K.-based outsourcing service provider announced its fourth full-year profit warning and estimated net to be between £130 million to £140 million and also lowered its outlook for 2015.
The company scheduled £550 million rights issue in the first-quarter of next year and the offering is expected to be underwritten by Bank of America, Merrill Lynch and J.P. Morgan Cazenove.
Serco plans to cancel final-year dividend payouts for the year and warned fiscal 2016 may be difficult.
Telefonica Deutschland Holding AG
increased 1.2% to €3.93 after the Germany-based communication service provider said revenues in the third-quarter ending in September slid 0.5% to €1.22 billion from €1.22 billion a year ago period.
Net in the quarter swung to a loss from a year ago to €15 million compared to profit of €9 million and loss per share swung to 1 euro cent from earnings per share of 1 euro per share.