“Strong results from Microsoft and Alphabet give new impetus to the markets”

* LVMH on Tuesday reported a 28% year-on-year increase in first-half sales, citing the sharp rise seen in Europe and the United States since the start of the year, which has offset lower revenue in China-related health restrictions in the face of Covid-19 in the country.

*DANONE on Wednesday raised its forecast for annual sales after sales exceeded expectations in the second quarter, driven by higher prices.

* ATOS published first-half results on Wednesday reflecting “improving business momentum” and confirmed its annual targets on Wednesday.

*MICHELIN announced on Tuesday an 18.3% drop in its net income in the first half, attributable to the cost of its withdrawal from Russia, but also an increase in its sales in value and its operating profit in an environment yet “tormented”.

* WORLDLINE published half-year sales up 12.6% organically to 2.02 billion euros and confirmed its full-year outlook.

* LAGARDERE announced first-half operating profit of 107 million euros, versus 3 million euros a year earlier, and confirmed its full-year outlook.

*BASF raised its annual revenue target as the global chemicals giant continues to pass on rising raw material and energy prices to its customers, but warned of risks of production shutdowns in Europe if Russian gas supplies continue to decline.

* MERCEDES-BENZ raised its full-year outlook after posting 8% growth in second-quarter adjusted profit to 4.9 billion euros.

* The German stock exchange operator DEUTSCHE BÖRSE said on Tuesday it posted a 10% rise in net profit in the second quarter, beating expectations and buoyed by financial market volatility.

*HOLCIM published quarterly revenue and profit above expectations and raised its sales outlook for the full year.

* EQUINER raised its extraordinary dividend and increased the amount of its share buybacks in 2022 after second-quarter earnings beat expectations, thanks to soaring energy prices with the war in Ukraine.

*LUFTHANSA – The company’s ground staff went on strike early on Wednesday, resulting in the cancellation of more than 1,000 flights.

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