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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: Well, let's take a look now at some of these

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Speaker 3: stocks on the move today in Europe. I'm Stephen Carroll

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Speaker 3: and I'm joined by Bloomberg's Breaking news editor at Luise

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Speaker 3: Moon for more. Louise, good morning. Let's start with the

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Speaker 3: news from Berbery and upgrade to their outlook.

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Speaker 1: Indeed, yeah, their shares are rising on this news. They're

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Speaker 1: one of the biggest rises on the foot see hundred.

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Speaker 1: This morning, they had their second quarter results. Sales beat

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Speaker 1: estimates and they came in positive for the first time

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Speaker 1: in two years, so boosted by strong demand across the board,

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Speaker 1: but particularly from China, although the US did come in

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Speaker 1: slightly weaker. But what this indicates is that their turnaround

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Speaker 1: under the CEO he came in relatively recently last year,

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Speaker 1: it seems that it's working. So he's bringing Berbery back

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Speaker 1: to its core. It's Britain core of you know, trench

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Speaker 1: coats of Tartan. You've probably seen they've had a lot

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Speaker 1: of very kind of British stars in their adverts, so

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Speaker 1: this seems as though this is starting to really take

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Speaker 1: effect now. Alys is saying that they don't expect changes

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Speaker 1: therefore your outlook, but that's because they expect that these

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Speaker 1: gross margins will likely be reinvested in their turnaround plans,

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Speaker 1: so you know, things like more investment in marketing and

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Speaker 1: so on. And Berbera itself noted this morning of their

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Speaker 1: restructuring charges that will come in the second half and

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Speaker 1: in the full year, and they are still battling some

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Speaker 1: headwinds like tariffs, but essentially their turnaround is working and

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Speaker 1: sales are.

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Speaker 3: Stronger, okay, and shares reflecting that this morning, and other

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Speaker 3: company shares seeing significant gains this morning. Whiz Air fourteen

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Speaker 3: percent higher, that's right.

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Speaker 1: Indeed, indeed, yeah, and they hit a record low last week,

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Speaker 1: so this is a real turnaround in share price for

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Speaker 1: four wars this morning. They also had earning second quarter.

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Speaker 1: They came in ahead of expectations, but it has to

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Speaker 1: be noted the expectation essentially were very low, so ahead

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Speaker 1: of expectations and just better than anyone had expected. This

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Speaker 1: is after they've been struggling, so that the main issue

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Speaker 1: they've been really struggling with is grounded jets and that

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Speaker 1: this is for a long time, and that's due to

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Speaker 1: engine maintenance issues that's driven up costs. It's meant that

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Speaker 1: we had to slow some aircraft deliveries. They've had to

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Speaker 1: rain in some expansion plans in some regions, and they

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Speaker 1: did this morning cut their full your capacity outlooks. So

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Speaker 1: they're expecting ten percent growth rather than twenty percent that

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Speaker 1: they had predicted in June, and they as part of that,

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Speaker 1: you know, plans to slow their growth trajectory to stabilize operations.

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Speaker 1: So negative there, but it seems as though that stabilization

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Speaker 1: ahead that's expected as being welcomed, and those earnings that

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Speaker 1: came in ahead of expectations after low expectations, that's what's

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Speaker 1: really driving that share price this morning.

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Speaker 3: Okay, So from aeroplanes to supermarkets and car for in France,

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Speaker 3: we've got shares up one point nine percent the moment.

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Speaker 1: Yeah, taking slightly higher. That's after a change in one

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Speaker 1: of their shareholders, so the Saday family, that the French

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Speaker 1: billionaire family, they became new big shareholders in Car four,

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Speaker 1: so they now at about four percent that's the second

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Speaker 1: largest shareholder, and they're also going to join the board.

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Speaker 1: So this follows the exit of Peninsula, which is a

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Speaker 1: Brazillian investment vehicle. They've been involved in caravour After for decades.

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Speaker 1: They've had a long involvement Card four and this family

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Speaker 1: is going to take that position, that big, that second

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Speaker 1: largest shareholder position. It comes as the grocer is struggling.

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Speaker 1: They've recently had week third quarter sales. This high competition

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Speaker 1: in France has been price cuts in France, so shares

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Speaker 1: have fallen about ten percent in the last year, but

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Speaker 1: ticking high this morning, potentially on some hope of a

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Speaker 1: bit of change that.

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Speaker 2: The stock mover's report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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