business

Market: Despite the end of easy money, the stock market remains an important step for tech companies

(BFM Bourse) – Inflationary pressures and rising interest rates are complicating the emergence of future “tech” nuggets. Despite less favorable financing conditions, going public remains an essential step in the life of these companies. A new stage in their rapid growth as much as a test, the IPO remains the focus of European “tech” companies, …

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Market: Evicted from Wall Street, some Chinese companies find refuge at home or in Switzerland

(BFM Bourse) – Subject to increased surveillance and restrictions in the United States, many Chinese firms are forced to turn their backs on Wall Street. At the same time, China encourages its companies to seek financing on its stock exchanges. Other Western countries like Switzerland intend to take advantage of the vacancy left by Wall …

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Innelec multimedia: The entertainment specialist Innelec has a good start to the year

(BFM Bourse) – The entertainment specialist begins its new 2022-2023 financial year with a 12% increase in sales to nearly 25 million euros. Innelec anticipates for the current financial year a growth of its activity associated with an “improvement of its profitability”. The specialist in the distribution of gaming products, accessories and derivative products recorded …

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Valneva: Weighed down by its anti-Covid vaccine, Valneva lowers its 2022 revenue target

(BFM Bourse) – The biotech company lowered its revenue forecast for 2022 after nearly doubling its net loss in the first half. The group is struggling to market its vaccine against Covid-19. Over the whole of 2022, biotech only expects a total turnover of between 340 and 360 million euros. The Franco-Austrian laboratory Valneva, weighed …

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Hexaom: Despite longer construction times, Hexaom anticipates a new year of growth

(BFM Bourse) – The former Maisons France Confort group recently announced a 10% increase in its turnover in the first half of 2022. The group expects further growth this year, “despite a extension of construction times. He also says he is “very vigilant” about maintaining its margins, in an environment marked by rising construction costs. …

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Della Valle founding family launches takeover bid to get Tod’s off the Milan Stock Exchange

(BFM Bourse) – The Della Valle family has decided to launch a takeover bid on the Tod’s group. It offers 40 euros per share to get the manufacturer of Gommino moccasins out of the Milanese coast. The Della Valle family, the main shareholder of Tod’s, announced on Wednesday that it was launching a takeover bid …

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SES: SES plunges into the stock market on rumors of a merger with the American Intelsat

(BFM Bourse) – The world’s leading provider of satellite telecommunications services is in negotiations with the American Intelsat with a view to a merger, according to the Financial Times. These press rumors relegate to the background, the half-yearly publication of the group emerged in “line” with its expectations. The group also says it is on …

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