100% French Stocks – June 11, 2025
CAC 40 dips slightly despite China/USA deal: doubts persist over US inflation and the Fed...
Indices: CAC 40 and general trends CAC 40: 7,797 points (-0.04%) Macroeconomic context: A framework agreement between Washington and Beijing was reached last night in London to ease trade tensions, especially regarding rare earths and export restrictions. Markets remain cautious, however. All eyes are on today’s awaited US inflation figures. The Fed is adopting a wait-and-see stance on rates, concerned about persistent inflation and rising unemployment.
Key stocks of the day
Fnac Darty (FNAC): The group unveiled its "Beyond Everyday" strategic plan through 2030. Goal: 4M subscribers, margin > 3%, cumulative cash flow > €1.2B, and a minimum dividend of €1/year.
Veolia (VIE): Successfully raised €1.5B in senior bonds over 7 and 12 years, with yields at 3.324% and 3.795%.
SES (SESG): EU greenlights the $3.1B acquisition of Intelsat, creating a European satellite giant.
Figeac Aero (FGA): Solid 2024/25 results, with revenue up 8.8% and net profit of €3.6M. Record free cash flow of €37.9M.
Partouche (PARP): Half-year revenue rose 5.7% to €233.3M. Strong performance in the French market (+3.7% GGR).
Drone Volt (ALDRV): New contract in the USA and Middle East. Sale of a Linedrone drone in North America.
Inventiva (IVA): Strategic appointment of Renée Aguiar-Lucander to the board, ex-CEO of Calliditas (sold for $1.1B).
Crossject (ALCJ): Progress on ZEPIZURE Junior for pediatric epilepsy in the US (456,000 children affected).
Company results expected today
- No major results expected today.
Analyst recommendations (French companies only)
Upward
Figeac Aero (FGA) → Buy recommendation confirmed after solid results.
Fnac Darty (FNAC) → Ambitious goals praised, positive outlook.
Neutral
Veolia (VIE) → Recommendation maintained, target adjusted after bond issue.
Downward No downgrades reported this morning.
Your opinion? Which stocks are you watching today? Share in the comments and let’s discuss!
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Have a great session, everyone!
Sylvain Mouilhaud: Stock coach.