European stocks flat amid strong corporate earnings and concerns over French unrest
- 1The STOXX 600 index remained flat at 638.80 points.
- 2Lanstar shares surged 11.6% after announcing 3.9% organic revenue growth for the third quarter.
- 3Carrefour shares fell 12.5% as the company lowered its annual profit outlook due to rising costs from riots and looting.
So what's the key point?
European markets remained steady as strong corporate results balanced out concerns regarding unrest in France. Lanstar shares rose 11.6% on increased sales, while Carrefour shares dropped due to a lowered profit forecast caused by rising costs.
Source Reuters · View original ↗
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