Brussels shares AFX at a glance outlook |
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Wed, 28 Feb 2007 09:13
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BRUSSELS (AFX) - Shares are expected to open sharply lower following major Wall Street losses after heavy selling on Chinese bourses, with UCB and Agfa-Gevaert in the spotlight following full-year results, traders said.At the close, the Bel 20 was down 131.66 points or 2.91 pct at 4,387.37.FORTHCOMING EVENTSTODAY-Agfa-Gevaert FY results press conference (12.30 pm)-UCB results conference call (8.45 am)-UCB FY results press conference (12.00 pm)-DIeteren FY results press conference (11.30 am)-DIeteren FY results analyst meeting-Fluxys FY results-Innogenetics FY results (5.45 pm)TOMORROW-InBev FY results (7.00 am)-InBev FY results webcast to analysts (9.00 am)-InBev FY results press conference (11.00 am)-InBev FY results conference call to US investors (2.00 pm)-InBev annual report available-Dexia FY results (10.00 am)-Dexia FY press conference (10.30 am)-Option FY results (8.00 am)COMPANY NEWS-UCB SA posts 50 pct drop in FY net profit, on divestments, higher costs; expects profit growth in 2007 after Schwarz Pharma integration.-UCB FY net 367 mln eur, down from 755 mln last year; above analysts' expectations of 242-311 mln.-UCB FY sales 2.523 bln eur, up from 2.341 bln, at the top end of analysts' forecasts of 2.20-2.53 bln.-D'Ieteren SA FY pretax profit 154.6 mln eur, up from 118.6 mln a year earlier, beating forecasts of 144.7-150.3 mln.-D'Ieteren sees 2007 profit growth of 5-10 pct for 2007.-Agfa FY net profit 15.0 mln eur vs 19.3 mln eur loss-Agfa FY sales 3.401 bln eur vs 3.308 bln-Agfa Q4 net loss 25.0 mkln eur vs 38.0 mln eur profit-Agfa Q4 sales 927 mln eur vs 913 mln-Agfa to be split into three separate companies, to be listed by end 2007-Agfa graphics sees 2008 sales of 1.9 bln eur-Agfa healthcare sees 2008 sales of 1.7 bln eur-Agfa materials sees 2008 sales of 700 mln eurfrances.robinson@afxnews.comfr/rfwCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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