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EUROSTOXX 50: RESULTADOS A DESTACAR SEMANA 24 A 28 FEBRERO 2020 (ANÁLISIS BANCO SABADELL)

Resultados EuroStoxx 50 destacados para la próxima semana.
De los valores que publican Rdos. 4T’19 la semana que viene esperamos impacto negativo en Danone. Aquí el centro de atención recaerá en el objetivo’20 de LfL del +4%/+5% (vs +4% BS(e) y +3,5%), que tras el profit warning de ventas’19 (oct’19) parece ahora exigente y pensamos que podría haber una rebaja del mismo. También esperamos acogida negativa en ENI ya que, además de que esperamos unos Rdos. débiles, existe incertidumbre sobre las previsiones de crecimiento en 2020 (situación política en Libia) y sobre la continuidad de su plan de recompra de acciones (400 M euros anuales, ~1% sobre capitalización, condicionados a un Brent >60$/b).
Underlyings
Danone SA

Danone is engaged in activities in the global food and beverages industry. Co. operates in four markets: Fresh Dairy Products (Co. produces and sells yogurts, fermented dairy products and other fresh dairy products); Waters (Co. produces and sells natural waters as well as flavored and vitamin-enriched waters products); Early Life Nutrition (Co. produces baby formula, milk-and fruit-based desserts, cereals, small pots of baby food and ready-made baby food); and Medical Nutrition (Co. develops adult and pediatric clinical nutrition products to be taken orally, or through a catheter in the event of malnutrition related to illness or other causes).

Eni S.p.A.

Eni is engaged in the oil and gas exploration and production, gas marketing operations, management of gas infrastructures, power generation, petrochemicals, oil field services and engineering industries. Co.'s operations are divided into three segments; Exploration and Production (oil and natural gas exploration and field development and production, as well as LNG operations), Gas and Power (supply, trading and marketing of gas and electricity, managing gas infrastructures for transport, distribution, storage, re-gasification, and LNG supply and marketing), and Refining and Marketing (supply of crude oil, refining and marketing of refined products). Co. maintains operations in 73 countries.

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Sabadell
Sabadell

Analysts
Research Department

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