The Limited Times

Bertille Bayart: "Let's leave the peace at the CAC 40"

2/1/2022, 8:01:33 PM


CHRONICLE - In the aftermath of a crisis whose violence has been compared to that of 1929 and which cost France more than 140 billion euros in public finances, the CAC 40 is in Olympic form.

Financial communication is sometimes like a haute couture collection.

The crest path between genius and bad taste, between the exceptional and the bling-bling, is very narrow.

Question of appreciation.

The profits for the year 2021, historically high, that the companies of the CAC 40 are about to reveal will thus provoke the admiration of some, the sourness of others.

Two members of the CAC 40 index opened the ball for publications, and set the tone.

LVMH posted annual net income of 12 billion euros, up 68%.

Far from the world of luxury - although it is sometimes as difficult to obtain its chips today as a Birkin bag - the semiconductor group STMicroelectronics has unveiled an 80% increase in its profits in 2021, to 2 billion.

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