AMSTERDAM (Thomson Financial) - Shares are expected to open lower, pressured
by declines post session on Wall Street yesterday and lower performances in Asia
this morning
Yesterday, the AEX closed down 0.69 points, or 0.14 percent, at 484.61.
FORTHCOMING EVENTS
Today
-AMG AGM, conference call
TODAY'S PRESS
-Rabobank sees Dutch housing prices rising on average 3 percent in 2008 and
2009 (Financieele Dagblad)
-Essent to raise energy prices in July due to higher gas and raw material
prices (Financieele Dagblad)
COMPANY NEWS
*AHOLD SAYS Q1 SALES ROSE 6.8 PERCENT AT CONSTANT CURRENCIES
*AHOLD Q1 ALBERT HEIJN SALES 2.683 BILLION EUROS VS 2.363 BILLION EUROS
*AHOLD SAYS Q1 SALES ROSE 6.8 PERCENT AT CONSTANT CURRENCIES
*WESSANEN Q1 NET PROFIT 7.2 MLN EUROS VS PRO FORMA 6.8 MLN
*WESSANEN Q1 SALES 384.6 MLN EUROS VS 388.5 MLN; ORGANIC GROWTH 5.1 PCT
*WESSANEN SEES 'SOME DELAY' IN REACHING 3-4 PCT MARGIN IN N AMERICA,
DISTRIBUTION
*WESSANEN STILL SEES 6-8 PCT FY SALES GROWTH AT N AMERICA BRANDED,
DISTRIBUTION
-AMG net, sales rise on strong performance at Advanced Materials and
Engineering Systems businesses
-Akzo Nobel makes two acquisitions to strengthen paper and polymer ops
-AMG unit signs second solar grade silicon supply agreement with Solar Power
MARKET SENTIMENT
-Ahold will be in focus after the company reported first-quarter sales at
the upper end of analysts expectations and a stronger-than-expected rise in
sales at constant exchange rates
tfn.amsterdam@thomson.com
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