French and Benelux stocks: Factors to watch
Here are some company news stories and updates from France and Benelux that could impact the markets in these regions or specific stocks.
BENETEAU SA : French boat maker Beneteau reported Q1 revenues of 169.5 million euro ($198.18 million), up?30% on last year. The company noted a significant slowdown in orders due to the Middle East crisis, but its outlook is still subject to an improvement in that region by the end of H1.
COMPAGNIE de SAINT GOBAIN SA : The French building materials company Saint-Gobain has signed an agreement with Brazilian distributors to sell their business. This transaction is expected to be complete by the end of 'first half 2026.
SANOFI SA : French pharmaceutical company Sanofi has announced an investment of 294 million dollars to expand its "AI Center of Excellence" in Toronto as part of a?2 billion dollar?planned infrastructure investment by 2028 on its campus.
STMicroelectronics said that it aims to generate more than 3 billion dollars of revenue from its semiconductor space business between 2026 and 2028. This is due to the surging demand for low-Earth orbit satellite networks. Revenue in 2026 will be close to one billion dollars.
VICAT SA. French cement maker Vicat announced Q1 sales of 922 million euro with a like-forlike growth rate of 8.5%. It confirmed its?outlook for 2026, assuming that the Middle East conflict does not escalate.
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(source: Reuters)