WEBVTT - Ryanair Soars, Stellantis Falls, Convivio Up 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The.

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<v Speaker 2>Stock Movers podcast, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>Now, let's take a look at some of the stocks

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<v Speaker 3>on the move today here in Europe. I'm Caroline Hepgin.

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<v Speaker 3>I'm joined by Blue Biggs Breaking News Editor Chloe Malay.

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<v Speaker 3>Good morning, Chloe. Rhanas revenue souring?

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<v Speaker 1>Why yeah, So. Rhana had a good, great, good report

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<v Speaker 1>this morning. Net income more than doubled in the fiscal

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<v Speaker 1>first quarter. That's the back of really strong air travel demand,

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<v Speaker 1>a recovery in fairs as well, and the easing of

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<v Speaker 1>delays related to Boeing aircraft deliveries. It also said that

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<v Speaker 1>it sees very strong summer demand, which is obviously a

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<v Speaker 1>very crucial season for the company. That led the stock

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<v Speaker 1>higher this morning and also pushed up the shares of

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<v Speaker 1>other budget airlines to Wiz that is also reporting later

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<v Speaker 1>this week and Easy as well. In terms of some

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<v Speaker 1>caveats that it added on in its for its kind

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<v Speaker 1>of very strong report, it did say that fair increases

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<v Speaker 1>in the second quarter will be a little bit lower

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<v Speaker 1>than the first, and with regards to tariffs.

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<v Speaker 2>It said that any.

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<v Speaker 1>Tariff costs would be on Boeing to bear, so it's

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<v Speaker 1>kind of shielding itself there. So we'll see how that

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<v Speaker 1>kind of holds up when we'z air reports are on

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<v Speaker 1>Thursday and whether that summer traveled them on really carries

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<v Speaker 1>through for all of those airlines.

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<v Speaker 3>Yes, absolutely, and their share price is done well over

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<v Speaker 3>the course of this year and increasing today also year

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<v Speaker 3>to date up twenty one percent for Rhana's share price,

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<v Speaker 3>So yes, a good news for investors as we think

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<v Speaker 3>about rhanair. But one thing not really going anywhere Stillants'

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<v Speaker 3>cars far a few of them actually getting to the US,

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<v Speaker 3>and Stillant's share price taking a.

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<v Speaker 1>Big hit, yes, big hit indeed this morning so it

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<v Speaker 1>reported preliminary earning, so it was it was unscheduled and

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<v Speaker 1>it said that it was recorded a net loss of

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<v Speaker 1>two point three billion euros and that was compared to

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<v Speaker 1>an expectation of a profit, So a real big surprise

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<v Speaker 1>there from Stilantis. It cited restructuring expenses, sales that were

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<v Speaker 1>also going down, waning sales, and the impact of course

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<v Speaker 1>of US tariffs. Silantis is really exposed to tariffs in

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<v Speaker 1>the trade war because it's got a lot of different

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<v Speaker 1>manufacturing facilities across different regions. The issues, as you've mentioned,

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<v Speaker 1>are the worst in North America. So the shipment's felled

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<v Speaker 1>twenty five percent in the second quarter. The new CEO,

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<v Speaker 1>Antonio Feloso, is trying to to stem this sales and

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<v Speaker 1>earnings a slump, and it's really trying to kind of

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<v Speaker 1>restructure the company and shift investments from electric to hybrid

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<v Speaker 1>as well. That was hurting the stock this morning. It

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<v Speaker 1>also dragged down a little bit of the rest of

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<v Speaker 1>the car sector, like Volkswagen and BMW, but not as

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<v Speaker 1>much as expected. So it might be that, you know,

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<v Speaker 1>from investors' perspective, it's really more of a company specific

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<v Speaker 1>story rather than a sector wide story. So we'll have

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<v Speaker 1>to see how the other car makers fare a little

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<v Speaker 1>bit later in the season.

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<v Speaker 3>Yeah, it was a dramatic decline, wasn't it in terms

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<v Speaker 3>of car shipments for Stilantis. We'll get more details from

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<v Speaker 3>their full results. As you say, now, this French real

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<v Speaker 3>estate company, Covivio, has also raised its earning outlook. How's

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<v Speaker 3>the market reacting to that?

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<v Speaker 1>Yeah, so quite well. The shares are by a fair

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<v Speaker 1>bit this morning. It said that it had seen really

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<v Speaker 1>strong growth in the German residential market, a good performance

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<v Speaker 1>in the hotels sector, and also stabilizing environment in the

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<v Speaker 1>office market in Europe, which is quite interesting given the

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<v Speaker 1>amount of weakness that we've seen their you know, given

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<v Speaker 1>the move towards more hybrid work. The shares rose is

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<v Speaker 1>quite quite a bit of the back of that, as

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<v Speaker 1>I said, and Bloomberg Attegent said that the value gains

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<v Speaker 1>in the portfolio going forward really likely to be driven

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<v Speaker 1>by German residential where there's really strong growth because there's

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<v Speaker 1>increase runds and a supply shortage, so that should be

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<v Speaker 1>really positive for Cuvivio, and they might mark kind of

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<v Speaker 1>an indicator of some of those real estate investment trusts

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<v Speaker 1>kind of turning a corner across some of those key markets.

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<v Speaker 2>The Stock Movers podcast from Bloomberg Radio. Check back with

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