1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,720 --> 00:00:18,239 Speaker 1: Let's take a look at some of the stocks on 5 00:00:18,239 --> 00:00:20,440 Speaker 1: the move today here in Europe. I'm Caroline Hedge and 6 00:00:20,440 --> 00:00:23,880 Speaker 1: I'm joined Bubblinberg, reporter of Chloe Malay. Happy Friday, Chloe, 7 00:00:24,000 --> 00:00:26,279 Speaker 1: Happy Friday to almost at the end of the week. 8 00:00:26,880 --> 00:00:31,200 Speaker 1: But actually some huge moves this Friday. In particular Manclaire, 9 00:00:31,600 --> 00:00:34,680 Speaker 1: the kind of fancy clothing brand rising the most since 10 00:00:34,720 --> 00:00:37,639 Speaker 1: September twenty twenty four, has propelled that. 11 00:00:38,080 --> 00:00:41,120 Speaker 3: Yeah, well, it has reported a very very strong earning. 12 00:00:41,200 --> 00:00:45,080 Speaker 3: So the fourth quarter results was significantly ahead of expectations 13 00:00:45,240 --> 00:00:48,400 Speaker 3: for the maker of those high end puffer jackets. There's 14 00:00:48,640 --> 00:00:51,800 Speaker 3: that winter luxury. So there was in particular lot of 15 00:00:51,800 --> 00:00:54,600 Speaker 3: strength in the Chinese market, which is obviously a very 16 00:00:54,680 --> 00:00:58,080 Speaker 3: key market for the luxury sector because it's a massive 17 00:00:58,080 --> 00:00:59,920 Speaker 3: market to begin with, but it's also one that has 18 00:01:00,000 --> 00:01:04,040 Speaker 3: struggled lately, so any indication of it doing better is 19 00:01:04,080 --> 00:01:06,880 Speaker 3: taken very well usually, and so the fact that Montclair 20 00:01:06,920 --> 00:01:09,959 Speaker 3: performs so well in China was seen as very reassuring 21 00:01:10,000 --> 00:01:12,160 Speaker 3: and explains that big boost in the shares that we 22 00:01:12,240 --> 00:01:16,720 Speaker 3: saw this morning, and the US have also driven at 23 00:01:16,720 --> 00:01:18,720 Speaker 3: the shares in other luxury names higher. So we had 24 00:01:18,840 --> 00:01:21,760 Speaker 3: LVMH actually also in the green this morning. Christian do 25 00:01:21,840 --> 00:01:25,440 Speaker 3: you're also in the green, So we are definitely getting 26 00:01:25,520 --> 00:01:27,720 Speaker 3: that kind of reader cross and all of the big 27 00:01:27,760 --> 00:01:30,600 Speaker 3: luxury companies in Europe have now reported. We've just have 28 00:01:30,720 --> 00:01:33,200 Speaker 3: Prada that is left, and so far it's been a 29 00:01:33,280 --> 00:01:34,399 Speaker 3: little bit of a mixed bag. 30 00:01:34,520 --> 00:01:36,920 Speaker 4: Maybe, So we had LVMH issuing. 31 00:01:36,600 --> 00:01:39,479 Speaker 3: Quite a cautious outlook, but then the rest did actually 32 00:01:39,480 --> 00:01:41,959 Speaker 3: pretty well. We had turned around plans and caring and 33 00:01:42,000 --> 00:01:45,039 Speaker 3: barbary starting to pay off. We have the super high 34 00:01:45,160 --> 00:01:48,320 Speaker 3: end market occupied by m IS also still in very 35 00:01:48,360 --> 00:01:49,000 Speaker 3: good shape. 36 00:01:49,120 --> 00:01:50,760 Speaker 4: So we'll have to see how the rest of the 37 00:01:50,840 --> 00:01:51,760 Speaker 4: year it turns out. 38 00:01:52,160 --> 00:01:56,160 Speaker 1: Yeah, absolutely, did you spot that Montclair did make one 39 00:01:56,200 --> 00:01:59,080 Speaker 1: of the uniforms, so one of the teams at the 40 00:01:59,120 --> 00:02:01,640 Speaker 1: Italian Winter Olympics. I did not see that, did you not? 41 00:02:01,920 --> 00:02:04,880 Speaker 1: Team Brazil if you want to look. Yeah, and they 42 00:02:04,880 --> 00:02:08,960 Speaker 1: were obviously kind of large sweeping puffer jackets in kind 43 00:02:09,000 --> 00:02:10,760 Speaker 1: of white and silver. Anyway, there you go a bit 44 00:02:10,760 --> 00:02:13,040 Speaker 1: of fashion on the side, as we see that share 45 00:02:13,040 --> 00:02:17,239 Speaker 1: price increase. Okay, something well, maybe more mundane. Construction firm 46 00:02:17,360 --> 00:02:21,640 Speaker 1: kings Span also up today reporting record revenue. How's that 47 00:02:21,680 --> 00:02:22,120 Speaker 1: come about. 48 00:02:22,280 --> 00:02:23,960 Speaker 3: Yeah, it's a little bit more mundane, but it's actually 49 00:02:24,000 --> 00:02:26,640 Speaker 3: very interesting. So a reported record revenue that is thanks 50 00:02:26,680 --> 00:02:29,840 Speaker 3: to its exposure to data centers. So the data center 51 00:02:29,880 --> 00:02:32,560 Speaker 3: business was very strong and that I was able to 52 00:02:32,600 --> 00:02:36,360 Speaker 3: offset some of the weakness in residential and industrial and markets. 53 00:02:36,400 --> 00:02:38,400 Speaker 3: And it's really interesting because it's part of this broader 54 00:02:38,400 --> 00:02:41,760 Speaker 3: trend that we've seen among industrial companies in Europe where 55 00:02:41,760 --> 00:02:44,919 Speaker 3: they're really benefiting from that exposure to those AI data 56 00:02:44,919 --> 00:02:47,120 Speaker 3: centers and that proving to be a bit of a 57 00:02:47,160 --> 00:02:49,480 Speaker 3: saving grace for them because the rest of their end 58 00:02:49,480 --> 00:02:52,480 Speaker 3: markets are much weaker. So we saw that with the 59 00:02:52,560 --> 00:02:56,600 Speaker 3: French infrastructure firm Vanci for example, the Swedish company Skanska. 60 00:02:57,200 --> 00:02:58,520 Speaker 4: Both of them are involved in. 61 00:02:58,480 --> 00:03:01,480 Speaker 3: Those really big data center and that is really driving 62 00:03:01,560 --> 00:03:04,919 Speaker 3: growth because the housing market, where they're also involved is 63 00:03:04,960 --> 00:03:08,360 Speaker 3: a lot weaker in Europe. It also applies to chemicals firms, 64 00:03:08,400 --> 00:03:11,360 Speaker 3: so we had Seeker, for example, which provides chemicals for 65 00:03:11,480 --> 00:03:14,440 Speaker 3: the construction industry, reporting today as well, and they had 66 00:03:14,440 --> 00:03:16,679 Speaker 3: a really strong margin guidance, and a lot of that 67 00:03:17,000 --> 00:03:20,000 Speaker 3: is being driven by the data center business. So there's 68 00:03:20,000 --> 00:03:22,480 Speaker 3: really this wider trend that we're seeing that is definitely 69 00:03:22,520 --> 00:03:25,560 Speaker 3: worth watching, where the data center exposure is proving to 70 00:03:25,600 --> 00:03:27,919 Speaker 3: be really beneficial for those companies. 71 00:03:28,560 --> 00:03:32,840 Speaker 1: Okay, so that's king Spam. Danone reported higher sales in 72 00:03:32,880 --> 00:03:35,640 Speaker 1: the fourth quarter, and again this is quite interesting. It's 73 00:03:35,640 --> 00:03:40,840 Speaker 1: about nutrition and sort of medical kind of applications for yogurts. 74 00:03:41,080 --> 00:03:41,360 Speaker 4: Yeah. 75 00:03:41,400 --> 00:03:44,440 Speaker 3: Absolutely, so we had the sales coming in higher than expectations, 76 00:03:44,480 --> 00:03:46,680 Speaker 3: and as you mentioned, because of really strong demand for 77 00:03:46,760 --> 00:03:50,320 Speaker 3: medical nutrition products, but then also for high protein products 78 00:03:50,360 --> 00:03:52,360 Speaker 3: with part of this kind of protein craze that we've 79 00:03:52,400 --> 00:03:55,640 Speaker 3: seen lately, and obviously dan On yogurts are very popular. 80 00:03:56,280 --> 00:03:58,280 Speaker 4: But then the shows were a little bit weaker this morning. 81 00:03:58,320 --> 00:04:01,760 Speaker 3: That is because volumes actually missed, so sales beat the 82 00:04:01,880 --> 00:04:05,240 Speaker 3: volumes missed. And then there's also this continued impact of 83 00:04:05,280 --> 00:04:08,720 Speaker 3: this infant formula recause that is still very much dominating 84 00:04:08,760 --> 00:04:11,240 Speaker 3: the conversation, and the company said there will be no 85 00:04:11,360 --> 00:04:15,080 Speaker 3: material financial impact for this year, but then mentioned a 86 00:04:15,120 --> 00:04:18,080 Speaker 3: potential impact on sales of about one percent in the 87 00:04:18,120 --> 00:04:21,120 Speaker 3: first quarter, so that might be weighing on the shares 88 00:04:21,200 --> 00:04:23,920 Speaker 3: a little bit, and lets are saying that overall this 89 00:04:23,960 --> 00:04:27,560 Speaker 3: is actually really solid results. The ana RBC said that 90 00:04:27,600 --> 00:04:30,000 Speaker 3: this was an exemplary set of results from one of 91 00:04:30,080 --> 00:04:33,880 Speaker 3: the highest quality companies in their coverage. But this infant 92 00:04:33,920 --> 00:04:37,680 Speaker 3: formula issue thistle. This volume weakness is clouding the outlook 93 00:04:37,960 --> 00:04:40,719 Speaker 3: just a little bit, so that might be the focus 94 00:04:40,760 --> 00:04:41,719 Speaker 3: for a little while longer. 95 00:04:42,680 --> 00:04:46,720 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 96 00:04:46,800 --> 00:04:49,400 Speaker 2: us throughout the day for the latest roundup of companies 97 00:04:49,440 --> 00:04:52,520 Speaker 2: making news on Wall Street and for the latest market 98 00:04:52,560 --> 00:04:57,040 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 99 00:04:57,120 --> 00:05:00,640 Speaker 2: Bloomberg dot com, and on Applecarplay, and write auto with 100 00:05:00,680 --> 00:05:06,839 Speaker 2: the Bloomberg Business app MHM.