“Incredibly strong performance for Ageas”

* EDF

filed a contentious appeal with the Council of State and a claim for compensation from the State for an estimated amount of 8.34 billion euros after the French government’s announcement in January of an increase in the volumes of electricity that the group must sell to its competitors under the Arenh scheme.

*ABN AMRO

– The Dutch bank announced a 21% increase, above expectations, in its net profit in the second quarter to 475 million euros, thanks among other things to reversals of provisions.

* E.ON

– The German group, Europe’s leading energy network operator, has announced that it has written down its stake in the Nord Stream 1 gas pipeline by around 700 million euros, or more than 50%, due to “increased uncertainty related to the war in Ukraine.

* DELIVEROO

– The British meal delivery specialist has announced that it will end its activities in the Netherlands and reports a widening of its pre-tax losses in the second quarter.

* TUI

– The tour operator published an operating loss for the third quarter of its staggered financial year, a consequence of the costs linked to the disruption of air transport, but it underlined that bookings for the summer season were close to their level before the pandemic.

* VESTAS WIND SYSTEMS

– The Danish manufacturer of wind turbines has reported a quarterly operating loss heavier than expected.

*PRUDENTIAL – The British insurer published on Wednesday a half-year operating profit up 8% thanks to the rebound in its life insurance business but below the average of analysts’ estimates gathered by the group itself.

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