4:00 PM Frankfurt Aggreko profit declined 8% to £97 million. Credit Agricole net tumbled 24% to 885 million. Deutsche Post profit climbed 9% to 461 million. Meggitt profit plunged 20% to £82 million. Vivendi received binding offer from Telefonica SA to acquire its subsidiary for 6.7 billion.
In London trading, FTSE 100 index slid 0.06% or 4.02 to 6,673.50 and in Frankfurt the DAX index gained 0.2% or 23.16 to 9,177.30.
In Paris, CAC 40 index rose 0.2% or 7.32 to 4,224.54.
gained 1.6% to 1,749 pence after the U.K.-based power and temperature control solution provider reported group revenue in the first-half ending in June rose 1% to £768 million from £760 million a year ago period.
Profit in the period declined 8% from a year earlier to £97 million compared to £105 million and diluted earnings per share dropped to 36.45 pence from 39.27 pence.
Credit Agricole SA
jumped 2.6% to 10.56 after the France-based bank reported revenue in the first-half ending in June rose 1.2% to 7.95 billion from a year ago period.
Net income in the period tumbled 24% from a year ago to 885 million compared to 1.17 billion.
The bank said it had been deceived by the family behind the Banco Espirito Santo group of companies and would back any legal action by a Portuguese bank that booked 708 million in costs related to its 14.6% stake in BES.
Deutsche Post AG
increased 2.7% to 23.84 after the Germany-based logistics services provider reported revenue in the first-half ending in June rose 0.7% to 13.70 billion from 13.61 billion a year ago period.
Net profit in the period climbed 9.2% from a year earlier to 461 million compared to 422 million and diluted earnings per share increased 12.1% to 0.37 from 0.33.
declined 4.7% to 479.80 pence after the U.K.-based aircraft parts maker said revenue in the first-half ending in June increased 1% to £782.7 million from £778.7 million a year ago period.
Profit in the period plunged 20.2% from a year earlier to £81.6 million compared to £102.3 million and diluted earnings per share slumped to 10 pence from 12.8 pence.
Separately, today the company awarded a contract from The Boeing Company to design, develop, manufacture and support the fire protection system for the 737 MAX engine and auxiliary power unit fire protection.
climbed 3.4% to 19.56 after the France-based broadband services provider received binding offer from Telefonica SA and Telefonica Brasil SA to acquire its subsidiary GVT in Brazil for a total enterprise value of approximately 6.7 billion or $9 billion.
Vivendi would get 11.96 billion reais or $5.3 billion in cash and shares in Telefonicas Brazil unit or right to acquire a stake of about 8% in Telecom Italia SpA from Telefonica.