Bad luck.
There is no other word.
Most of the large French companies that will have recorded the heaviest losses in 2020 are found to have the same shareholder: the State.
We.
To read also: The State shareholder bailouts Air France, La Poste, SNCF ...
In bowling, we would talk about a strike.
The state owns 100% of SNCF, which is preparing to announce catastrophic annual results after a loss of 2.4 billion euros in the first half.
He is also the largest shareholder of Renault (15% of the capital), champion of losses within the CAC 40: 8 billion euros in 2020. He is at the forefront of Air France KLM (14.3% of the capital and - 7.1 billion in 2020).
Ditto at Aéroports de Paris (50.1% of the capital, -1.2 billion) or at Airbus (10.5% of the capital, 1.1 billion loss).
And then he owns, at par with the Caisse des Dépôts, La Poste, the results of which were saved by the insurer CNP, but whose historic activity is in bright red (-1.2 billion excluding scope effects at the first semester).
La Poste is already forecasting a deficit of
This article is for subscribers only.
You have 78% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
I ENJOY IT
Already subscribed?
Log in