3:00 PM Frankfurt L''Oreal said first quarter revenue jumped 5.1% to 5.93 billion. Elisa profit for the quarter declined 16.3% and SAP net for the quarter surged 17% to 520 million. Spectris sales for the quarter declined 8%. TeliaSonera net fell 0.4% to 4.50 billion kronor.
In London trading, FTSE 100 index rose 0.3% or 20.2 to 6,264 and in Frankfurt the DAX index flat or 2.8 to 7,477.
In Paris, CAC 40 index jumped 1.1% or 38.6 to 3,638.
climbed 3.3% to 125.20 after the France based cosmetic group said total revenue for the first quarter jumped 5.1% to 5.93 billion.
In the first quarter, the consumer products division achieved growth of 6.5% and Luxe segment advanced 7.2%. Active cosmetics division climbed 7.2%.
Sales growth in North America increased 6.3%, Latin America surged 11.8% and Asia Pacific soared 7.7%. Sales in the Africa and Middle East climbed 15%.
The cosmetic group said like-for-like sales for the quarter in the new markets surged 9.4%.
LOreal reiterated its guidance of beauty market to grow about 4% to 4.5%.
plunged 5.5% to 13.51 after the Finland based communication technology reported first quarter revenue dropped 5.5% to 361.3 million. Profit for the quarter declined 16.3% to 40 million compared to 47.8 million and diluted earnings per share slumped 0.26 from 0.31.
For the quarter, the company said number of mobile subscriptions increased by 23,900 and number of fixed broadband subscriptions jumped 3,600 and mobile customer turnover was 20%.
The company lowered its full-year earnings forecast
dropped 3.4% to 57.58 after the Germany based software developer reported first quarter total revenue ending in March climbed 7% to 3.60 billion. Profit for the quarter jumped 17% to 520 million compared to 444 million. Diluted earnings per share advanced 19% to 0.44 from 0.44.
The company said software and cloud subscriptions soared 19% to 794 million and cloud subscriptions and support surged 373% to 137 million from 29 million. Operating profit for the quarter rose 2% to 646 million.
For the Ariba segment, in last twelve months network spend volume was about $460 billion and the company said more than 1 million companies are connected through the Ariba network.
The SAP expects full year non-IFRS software and cloud subscription revenue to increase in a range of 14% to 20%.
tumbled 13.5% to 1,925 pence after the UK based analytical instruments maker reported sales for the first quarter ending in March declined 8% and the company expects revenue growth in 2013 slightly below than previous forecast.
declined 2.6% to 42.29 kronor after the Sweden based phone company stated first quarter net sales ending in March slid 4.4% to 24.54 billion kronor. Net income for the quarter fell 0.4% to 4.50 billion kronor compared to 4.52 billion kronor. Diluted earnings per share were flat to 95 kronor.
The phone company said number of subscriptions for the quarter slid 0.8 million and total number of subscriptions was 182.1 million.
The company added revenue from Eurasian markets jumped 5.4% and sales from mobile services fell 2.2% in Sweden.
The group unchanged its outlook for the 2013 and Net sales are expected to be flat.
William Hill Plc
climbed 3.6% to 404.70 pence after the UK based gambling company said group net revenue in the first quarter ending on April 2 surged 15% and operating profit jumped 8%. Retail net revenue climbed 8% and sports-book net revenue soared 47%.
The William Hill said online net revenue advanced 21%. Mobile Sports-book amounts wagered soared 145% and mobile gaming net revenue surged nearly three-fold.