The Limited Times

Now you can see non-English news...

War in Ukraine, shortages, soaring prices: why the CAC 40 giants are still making record profits

2023-02-24T19:02:37.283Z


ANALYSIS – All the French flagships listed on the Paris Stock Exchange have, without exception, seen their turnover increase.


Year of all dangers, 2022 proved to be the year of all records for the giants of the CAC 40. The French flagships of industry, services and finance reached new historic heights last year.

With the exception of Thalès, Veolia and Vivendi, all the groups closing their financial year at the end of December have published their 2022 results. And these are enough to make you dizzy.

On the one hand, all the giants of the CAC 40, without exception, have seen their turnover increase.

Unheard of in the history of the flagship index of the Paris Bourse.

On the other hand, only one of them shows a net loss: Renault, because of the sale, for a symbolic ruble, of its Russian subsidiary AvtoVaz.

Without this, the manufacturer would have posted a profit of 1.6 billion euros.

Moreover, only a handful of groups saw their profits fall last year.

But here again, this decline is explained, in most cases (Danone, Engie, Société Générale), by the exceptional loss…

This article is for subscribers only.

You have 91% left to discover.

Flash Sale -70%

Offer available until February 28.

Without engagement.

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All business articles on 2023-02-24

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.