Cyril Altmeyer
Paris
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Articles by Cyril Altmeyer
Outlook cloudy as advertisers meet in Cannes
Paris: Advertisers are likely to strike a cautious note at this week’s Cannes festival, after making a strong start to the year, on concern sovereign debt-fuelled European austerity measures could hamper the rebound. The 57th Cannes Lions event is set to bring together the heads of the world’s top ad firms, including WPP, Publicis and Interpublic, as well as executives from Internet giants Facebook and Google.
Microsoft sees strong online ad growth
Cannes: Digital advertising will continue to grow strongly for the next four to five years, driven by online video and emerging markets, a Microsoft executive said on Wednesday. The rise of mobile devices such as computer tablets and smartphones is creating opportunities for advertisers who are now able to follow their customers throughout the day.
UPDATE 3-Brexit and subsidy row cloud strong Airbus profits
* CEO says EU governments must prepare for hard Brexit * Calls for settlement with U.S. over jet subsidy row * Airbus posts stronger than expected Q2 profits * Studying plans to increase share of A321neo output (Recasts, adds details, quotes) By Tim Hepher and Cyril Altmeyer PARIS, July 31 (Reuters) - Airbus urged European governments to step up plans for a "likely" no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit trade risks for Europe's largest...
Brexit and subsidy row cloud strong Airbus profits
PARIS (Reuters) - Airbus urged European governments to step up plans for a “likely” no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit trade risks for Europe’s largest planemaker. FILE PHOTO: An Airbus A350-1000 performs during the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 18, 2019.
Airbus second-quarter profit rise beats forecasts, delivery challenges ahead
PARIS (Reuters) - Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. FILE PHOTO: An Airbus A350-1000 performs during the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 18, 2019.
Airbus second-quarter profits rise and beat analyst forecasts
By Tim Hepher and Cyril Altmeyer PARIS (Reuters) - Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. Europe's largest aerospace group said second-quarter adjusted operating profit rose 72% to 1.98 billion euros ($2.2 billion), led by a more-than-twofold rise at the main Airbus commercial planemaking arm.
Air France-KLM profit gain hampered by fuel costs
PARIS (Reuters) - Air France-KLM (AIRF.PA) increased its operating profit in the second quarter, as rising fuel prices were countered by cost-cutting under the Franco-Dutch airline group’s new Chief Executive Ben Smith. FILE PHOTO: An Air France Boeing 777-300 airplane lands at the Charles-de-Gaulle airport in Roissy, near Paris, France, May 9, 2018.
Brexit and subsidy row cloud strong Airbus profits
By Tim Hepher and Cyril Altmeyer PARIS (Reuters) - Airbus urged European governments to step up plans for a "likely" no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit trade risks for Europe's largest planemaker.
ECLAIRAGE-Les PME de l'aéronautique poussées à s'unir pour mieux recruter
* De nouvelles fusions-acquisitions à attendre * Besoins en recrutements accrus pour servir les avionneurs * Recherche “geeks” pour répondre à l’industrie 4.0 par Cyril Altmeyer PARIS, 12 juillet (Reuters) - Les équipementiers aéronautiques de petite et moyenne taille vont s’internationaliser, voire fusionner entre eux, pour parvenir à recruter la main-d’oeuvre nécessaire afin de suivre l’accélération des cadences de production des constructeurs, estiment des experts et des dirigeants du...
Le sous-marin Suffren mis à l'eau jusqu'en 2060 au moins
PARIS (Reuters) - La France célèbrera vendredi la mise à l’eau du sous-marin d’attaque nucléaire Suffren construit par Naval Group, le premier de la classe des Barracuda destinée à renforcer la composante navale de la dissuasion nucléaire au moins jusqu’en 2060.
France-Le sous-marin Suffren mis à l'eau jusqu'en 2060 au moins
PARIS, 9 juillet (Reuters) - La France célèbrera vendredi la mise à l’eau du sous-marin d’attaque nucléaire Suffren construit par Naval Group, le premier de la classe des Barracuda destinée à renforcer la composante navale de la dissuasion nucléaire au moins jusqu’en 2060.
Alstom: Un nouveau plan pour surperformer encore le secteur d'ici 2023
Alstom a annoncé lundi viser une marge d'exploitation ajustée de 9% en 2022-23, contre 7,1% en 2018-19, et envisager des opérations de croissance externe. /Photo prise le 15 février 2019/REUTERS/Régis Duvignau PARIS (Reuters) - Alstom a dévoilé lundi un plan pluriannuel visant à continuer à surperformer la croissance du marché d’ici quatre ans en se développant dans la signalisation ferroviaire et les services, deux segments particulièrement porteurs.
Airbus Helicopters: Premiers signes de reprise du marché pétrolier
LE BOURGET (Reuters) - Airbus Helicopters voit des signes tangibles laissant espérer une reprise prochaine du marché pétrolier et gazier, a déclaré mardi à Reuters son PDG Bruno Even, notant que certains clients réfléchissaient à investir à nouveau dans l’exploration.
French, Italian Shipbuilders Forge Naval Alliance
By Cyril Altmeyer June 14, 2019 France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market. The alliance reflects the two countries' desire to fend off competition in naval shipbuilding from the likes of China, the United States and Russia. It is targeting orders worth up to 5 billion euros ($5.63 billion) over the next decade.
French, Italian shipbuilders forge naval alliance
FILE PHOTO: A sub-scale sized model of a Corvette by Fincantieri is displayed at Euronaval, the world naval defence exhibition in Le Bourget near Paris By Cyril Altmeyer PARIS (Reuters) - France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market.
French, Italian shipbuilders forge naval alliance
© Reuters. FILE PHOTO: A sub-scale sized model of a Corvette by Fincantieri is displayed at Euronaval, the world naval defence exhibition in Le Bourget near Paris By Cyril Altmeyer PARIS (Reuters) - France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market.
French, Italian shipbuilders forge naval alliance
PARIS (Reuters) - France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market. FILE PHOTO: A sub-scale sized model of a Corvette by Fincantieri is displayed at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France, October 23, 2018.
French, Italian shipbuilders forge naval alliance
PARIS (Reuters) - France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market. A sub-scale sized model of a Corvette by Fincantieri is displayed at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France, October 23, 2018.
French, Italian shipbuilders forge naval alliance
PARIS (Reuters) - France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market. FILE PHOTO: A sub-scale sized model of a Corvette by Fincantieri is displayed at Euronaval, the world naval defence exhibition in Le Bourget near Paris, France, October 23, 2018.
French, Italian Shipbuilders Forge Naval Alliance
By Cyril Altmeyer PARIS (Reuters) - France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market. The alliance reflects the two countries' desire to fend off competition in naval shipbuilding from the likes of China, the United States and Russia.
French, Italian shipbuilders forge naval alliance - World | The Star Online
PARIS (Reuters) - France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market. The alliance reflects the two countries' desire to fend off competition in naval shipbuilding from the likes of China, the United States and Russia. It is targeting orders worth up to 5 billion euros (£4.5 billion) over the next decade.
French, Italian shipbuilders forge naval alliance
FILE PHOTO: A sub-scale sized model of a Corvette by Fincantieri is displayed at Euronaval, the world naval defence exhibition in Le Bourget near Paris By Cyril Altmeyer PARIS (Reuters) - France and Italy forged a military shipbuilding alliance on Friday, as state-controlled Naval Group and Fincantieri signed off on a 50-50 joint venture that will bid for Franco-Italian warship projects and sell to the world market.
French, Italian Shipbuilders Forge Naval Alliance
Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.
Global business jet market starting to recover: Dassault Aviation chief
FILE PHOTO: Eric Trappier, Dassault Aviation Chairman and Chief Executive Officer, attends the company's 2014 annual results presentation in Saint Cloud near Paris March, 11, 2015. REUTERS/Christian Hartmann PARIS (Reuters) - The global business jet market, which had been bruised by the 2007-08 financial crisis, has started to show signs of recovery, the head of France’s Dassault Aviation (AVMD.PA) said on Thursday.
UPDATE 4-Payments company Ingenico lowers earnings target again, mulls options
PARIS, Oct 23 (Reuters) - French payments company Ingenico , which is being pursued by business services company Edenred and corporate banking group Natixis, is reviewing its strategic options after lowering its earnings outlook for a second time this year. The company cited weak performance at its arm which processes payments for banks and merchants for the lower outlook, saying it had been hit by adverse currency movements and a fall in earnings, particularly in Europe.
UPDATE 3-Payments company Ingenico lowers earnings target again, mulls options
* Company is takeover target as payments industry consolidates (Adds fund manager and analyst comments, updates shares) PARIS, Oct 23 (Reuters) - French payments company Ingenico , which is being pursued by business services company Edenred and corporate banking group Natixis, is reviewing its strategic options after lowering its earnings outlook for a second time this year.
UPDATE 2-Payments company Ingenico lowers earnings target again, mulls options
PARIS, Oct 23 (Reuters) - French payments company Ingenico , which is being pursued by business services company Edenred and corporate banking group Natixis will review strategic options after lowering its earnings outlook for a second time. The company cited weak performance at its arm which processes payments for banks and merchants, saying it had been hit by adverse currency movements and a fall in earnings, particularly in Europe.
Payments company Ingenico lowers earnings target again, mulls options
PARIS (Reuters) - French payments company Ingenico (INGC.PA), which is being pursued by business services company Edenred (EDEN.PA) and corporate banking group Natixis (CNAT.PA) will review strategic options after lowering its earnings outlook for a second time. The company cited weak performance at its arm which processes payments for banks and merchants, saying it had been hit by adverse currency movements and a fall in earnings, particularly in Europe.
Air France KLM shares rise on hopes of union pay deal
PARIS (Reuters) - Air France KLM (AIRF.PA) shares rose on Thursday, which traders attributed to a report on the website of business publication La Tribune that Air France would put forward a pay agreement proposal to unions later this week. LaTribune.fr reported the pay deal could be proposed to unions on Friday. An Air France spokeswoman declined to comment on the matter.
CEO of French group Thales pulls out of Saudi investment conference
PARIS (Reuters) - Patrice Caine, the chairman and chief executive of French defence electronics group Thales (TCFP.PA), has decided not to attend a Saudi investment conference next week, amid global concerns over the fate of a missing Saudi journalist. A spokesman for Thales added that the French company would nevertheless be represented at the event, due to be held in Riyadh from Oct 23-Oct 25, by Jean-Loic Galle, who is an executive at Thales’ space division.
CEO of French group Thales pulls out of Saudi investment conference
PARIS (Reuters) - Patrice Caine, the chairman and chief executive of French defense electronics group Thales (TCFP.PA), has decided not to attend a Saudi investment conference next week, amid global concerns over the fate of a missing Saudi journalist. A spokesman for Thales added that the French company would nevertheless be represented at the event, due to be held in Riyadh from Oct 23-Oct 25, by Jean-Loic Galle, who is an executive at Thales’ space division.
France's Ingenico targeted by Natixis, Edenred in payments deal flurry
PARIS/LONDON (Reuters) - Ingenico (INGC.PA) is being pursued by business services company Edenred (EDEN.PA) and corporate banking group Natixis (CNAT.PA) as consolidation in the payments field heats up. “Natixis and Edenred both sent letters expressing interest in Ingenico at the beginning of the summer. Ingenico is having conversations with Natixis but hasn’t started talking to Edenred”, a source told Reuters on Thursday.
France's Ingenico targeted by Natixis, Edenred in payments deal flurry
PARIS/LONDON (Reuters) - Ingenico is being pursued by business services company Edenred and corporate banking group Natixis as consolidation in the payments field heats up. “Natixis and Edenred both sent letters expressing interest in Ingenico at the beginning of the summer. Ingenico is having conversations with Natixis but hasn’t started talking to Edenred”, a source told Reuters on Thursday.
Exclusive - France's Ingenico targeted by Natixis, Edenred in payments deal flurry
PARIS/LONDON (Reuters) - Ingenico (INGC.PA) is being pursued by business services company Edenred (EDEN.PA) and corporate banking group Natixis (CNAT.PA) as consolidation in the payments field heats up. “Natixis and Edenred both sent letters expressing interest in Ingenico at the beginning of the summer. Ingenico is having conversations with Natixis but hasn’t started talking to Edenred”, a source told Reuters on Thursday.
Air France human resources executive Gateau to leave company
PARIS (Reuters) - Gilles Gateau, the head of human resources at Air France (AIRF.PA), is to leave the French airline, according to an internal Email seen by Reuters. No details were given for Gateau’s departure, in the internal Email. The Air France internal memorandum added that Gateau would be replaced on an interim basis by Patrice Tizon. Benjamin Smith took over as Air France KLM’s chief executive last month.
France says it must use fewer U.S. parts in its weapons systems
PARIS (Reuters) - France must cut its dependence on U.S. components in its weapons systems to minimise Washington’s ability to block its arms exports, its defence minister said on Thursday. U.S. export control laws can be used to limit European weapons sales if even small components come from U.S. suppliers.
France says it must use fewer U.S. parts in its weapons systems
PARIS (Reuters) - France must cut its dependence on U.S. components in its weapons systems to minimize Washington’s ability to block its arms exports, its defense minister said on Thursday. Without giving specific examples, Florence Parly said France needed to “gradually wean ourselves off our reliance on a certain number of American parts.” Washington has this year blocked the sale to Egypt of French-made SCALP cruise missiles, which contain a U.S. part.
UPDATE 1-Safran raises 2018 targets after beating H1 forecasts
PARIS, Sept 6 (Reuters) - France’s Safran hiked full-year forecasts after posting better-than-expected sales and profit in the first half on strong demand for spares and services, and said the switch in its factories to a new model of jet engine was going as planned.
New Air France-KLM boss meets minister ahead of strike decision
PARIS (Reuters) - Newly appointed Air France-KLM Chief Executive Ben Smith held talks with French Transport Minister Elisabeth Borne, a government spokesman said on Wednesday, as the airline group’s unions prepare to decide on further strike action over pay. The minister met Smith on Tuesday for a “a first discussion of the main issues” facing the group, the spokesman said.
Total tells Iran it's quitting South Pars gas project
PARIS (Reuters) - French oil and gas major Total confirmed on Monday that it had notified the Iranian authorities of its withdrawal from the multi-billion dollar South Pars gas project after it failed to obtain a waiver from U.S. sanctions. “The contractual process is ongoing,” Total said in an emailed statement.
Total tells Iran it's quitting South Pars gas project
PARIS (Reuters) - French oil and gas major Total (TOTF.PA) confirmed on Monday that it had notified the Iranian authorities of its withdrawal from the multibillion dollar South Pars gas project after it failed to obtain a waiver from U.S. sanctions. “The contractual process is ongoing,” Total said in an emailed statement.
Vivendi s'offre Editis et cèdera jusqu'à 50% d'Universal Music
PARIS (Reuters) - Vivendi a annoncé lundi un virage stratégique avec l’acquisition d’Editis à l’espagnol Grupo Planeta et un désengagement partiel de la maison de disque Universal Music Group (UMG). Vivendi a annoncé lundi un virage stratégique avec l'acquisition d'Editis à l'espagnol Grupo Planeta et un désengagement partiel de la maison de disque Universal Music Group (UMG).
Airbus second-quarter core profit doubles after A350 cost improvements
PARIS (Reuters) - Airbus (AIR.PA) posted higher than expected second-quarter earnings and reaffirmed its 2018 targets, as A320neo deliveries accelerated following delays in engine supplies and the group scored cost improvements on its A350 jet programme. Europe’s largest aerospace group said quarterly adjusted operating earnings doubled to 1.148 billion euros (£1 billion).
Airbus second-quarter core profit doubles after A350 cost improvements
PARIS (Reuters) - Airbus (AIR.PA) posted higher than expected second-quarter earnings and reaffirmed its 2018 targets, as A320neo deliveries accelerated following delays in engine supplies and the group scored cost improvements on its A350 jet program. Europe’s largest aerospace group said quarterly adjusted operating earnings doubled to 1.148 billion euros ($1.35 billion).
Airbus second-quarter core profit doubles after A350 cost improvements
PARIS (Reuters) - Airbus (AIR.PA) posted higher than expected second-quarter earnings and reaffirmed its 2018 financial targets, as A320neo deliveries accelerated following delays in engine supplies and the group scored cost improvements on its A350 jet program. Europe’s largest aerospace group said quarterly adjusted operating earnings doubled to 1.148 billion euros ($1.35 billion).
Turboprop group ATR sees surge in demand in sector over next 20 years
PARIS (Reuters) - ATR, the world’s largest maker of turboprops, estimated on Monday a surge in business in its sector over the next 20 years that could result in demand for 3,000 new turboprops valued at more than $80 billion. ATR, jointly owned by Airbus (AIR.PA) and Italian company Leonardo (LDOF.MI), said one of the drivers for its bullish long-term forecast was expectations for 2,770 new routes potentially coming on board.
EasyJet CEO says would be interested in setting up base in Heathrow
PARIS (Reuters) - The chief executive of low-cost airline EasyJet (EZJ.L) said on Thursday that he would be interested in setting up a base in Heathrow. “It’s got to go through all process. Clearly it would be an opportunity for us. It’s the only primary airport in Europe from which we do not operate. No reason why we shouldn’t be there and be there with a base,” EasyJet CEO Johan Lundgren told Reuters on the sidelines of the Paris Air Forum.
Boeing executive confident new mid-market jet can enter service in 2025
PARIS (Reuters) - The head of Boeing (BA.N) jetliner sales said on Wednesday he was confident a new mid-market jet could enter service in 2025. FILE PHOTO: A Boeing logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland May 28, 2018.
Boeing targets 2025 for new jet but won't rush decision
PARIS (Reuters) - The head of Boeing (BA.N) jetliner sales said on Wednesday he was confident a possible new mid-market jet with the potential to carve out new routes would be ready to enter service in 2025, but stressed the planemaker would not be rushed into a decision.
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