Friday, August 21, 2015

The 17 Non-Utility French Companies With Market Caps Above EUR 30 Bil Had Very Weak 2014 Total Audited Earnings ..... 2014 Total Audited Earnings Down 16% From 2013, Down 19% From 2010 and Down 26% From 2007 ..... Just the Opposite of What Happened to German Companies' 2014 Total Audited Earnings

From a review of the superb Google Finance Website and company investor relations websites, I found 17 Non-Utility Companies headquartered in France with Stock Market Capitalizations of more than EURO 30 bil.

Below here are the reported Audited Earnings (Losses) From Continuing Operations for each of  these 17 French Companies for all years reported from 2007 through 2014, presented in Market Cap order:



2014 2013 2012 2011 2010 2009 2008 2007


Most Audited Audited Audited Audited Audited Audited Audited Audited


Recent Net Net Net Net Net Net Net Net
French Companies City 2014 Income Income Income Income Income Income Income Income
With Market Caps Above EUR 30 Bil HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros mil Euros











Sanofi Paris Dec14     4,509     3,874     5,057     5,934     5,721     5,691     4,292     5,682
Total SA Courbevoie Dec14     4,250   11,521   13,836   12,581   10,807     8,629   10,953   13,535
L'OReal SA Clichy Dec14     2,766     2,881     2,870     2,441     2,242     1,792     1,951     2,658
LVMH Moet Hennessy Louis Vuitton SE Paris Dec14     6,105     3,947     3,909     3,465     3,319     1,973     2,318     2,331
BNP Paribas SA Paris Dec14         507     5,421     7,313     6,894     9,164     6,474     3,452     8,311
AXA SA Paris Dec14     5,337     4,786     4,283     3,379     3,091     4,033     1,236     5,911
Airbus Group SE Blagnac Dec14     2,350     1,483     1,229     1,037         572       (752)     1,597       (437)
Air Liquide SA Paris Dec14     1,725     1,704     1,675     1,595     1,458     1,285     1,272     1,170
Danone SA Paris Dec14     1,253     1,550     1,787     1,855     2,040     1,521     1,222     1,046
Orange SA Paris Dec14     1,360     2,178     1,221     3,888     3,856     3,202     4,014     6,648
Societe Generale SA Paris Dec14     2,991     2,394     1,208     2,788     4,302     1,108     2,773     1,604
Schneider Electric Ruel-Maimaison Dec14     1,892     1,924     1,927     1,877     1,796         866     1,723     1,621
Vinci SA Ruel-Maimaison Dec14     2,516     2,046     2,025     1,996     1,901     1,703     1,699     1,578
Hermes International SCA Paris Dec14         863         799         751         603         432         295         295         294
Credit Agricole SA Montrouge Dec14     2,761     2,829   (2,522)   (1,212)     1,731     1,288     2,913     6,491
Christian Dior SA Paris Jun14     3,892     3,931     3,448     3,269     1,902     2,224     2,328     2,133
Vivendi SA Paris Dec14       (290)           43   (1,565)         571         647  NA   NA   NA 











Total all 17

  44,787   53,311   48,452   52,961   54,981   41,332   44,038   60,576











Earnings % Declines:









….. 2014 vs 2013

-16%






….. 2014 vs 2012

-8%






….. 2014 vs 2011

-15%






….. 2014 vs 2010

-19%






….. 2014 vs 2007

-26%