AB Science
AB Science has announced the success of a capital increase totaling a gross amount of 3.2 million euros, subscribed by a limited number of investors. The proceeds from this placement will provide the company with the additional resources necessary to fund its ongoing activities, primarily the continued clinical development of the AB8939 program in acute myeloid leukemia. The pharmaceutical company stated that this operation strengthens its cash position and enables it to cover its financing needs beyond the next twelve months.

ADP
ADP reported consolidated revenue of 1.47 billion euros for the first quarter of 2026, down 0.9% year-on-year. The consensus was expecting 1.55 billion euros. This trend notably reflects the impact of the conflict in the Middle East on several activities, particularly the Retail & services segments (-1.0% to 484 million euros) and International & airport developments (-6% to 424 million euros). Conversely, aviation activities in Paris grew by 5% to 504 million euros, supported by higher traffic and fees. Finally, the real estate segment remained stable at 104 million euros.

Airbus
Airbus reported a net income (group share, reported) of 586 million euros for the first quarter of 2026, down 26% year-on-year but significantly exceeding the consensus estimate of 265 million euros. In the same vein, reported earnings per share came in at 0.74 euros, a 27% decline, compared to a consensus of 0.44 euros. Consolidated revenue stood at 12.7 billion euros, in line with expectations, down 7%, penalized by a decline in commercial aircraft deliveries (114 units compared to 136 a year earlier) as well as the depreciation of the dollar. Adjusted EBIT, a key indicator of operating profitability excluding exceptional items and currency effects, plunged 52% to 300 million euros.

Amundi
Amundi recorded total net inflows of 32 billion euros in the first quarter of 2026, its highest level of quarterly activity in over four years. This performance was almost exclusively driven by Medium-Long Term (MLT) assets, which alone attracted 30.9 billion euros. This strong momentum relied on three pillars: the rise of ETFs with an indexing platform that remains the growth engine with 16 billion euros in inflows, active management which proved resilient with 7 billion euros, particularly in fixed income and credit strategies, and private assets with an accelerating segment (3 billion euros), supported by the strategic partnership with ICG, in which Amundi now holds nearly 10% of the capital.

Bic
The group reported revenue of 453 million euros for the first quarter of 2026, representing organic growth of 1.6%, supported by all categories and major geographical areas, with the exception of the Middle East and Africa. However, currency effects and changes in the scope of consolidation weighed on activity, with negative impacts of 5.0% and 1.9% respectively. The group confirmed its outlook and anticipates a gradual improvement in organic revenue growth. Bic also targets a slight increase in its adjusted operating margin, as well as broadly stable free cash flow generation, while continuing the implementation of its strategic transformation.

Claranova
The SaaS software publisher announced the intensification of artificial intelligence integration into its operations, both in its internal processes and in the development of its products and solutions for businesses. This acceleration will mechanically result in a reduction of approximately 20% of its workforce, affecting both employees and consultants across all group functions and offices. These reductions will be initiated during the fourth quarter of the 2025-2026 fiscal year.

Compagnie des Alpes
Following a 9.5% comparable growth in the first quarter of its fiscal year, growth slowed significantly in the second quarter. The group pointed to 'unfavorable calendar effects'. In the second quarter, Cie des Alpes' consolidated revenue came in at 593.7 million euros (consensus: 613 million euros), up 1% on a reported basis and 0.2% on a comparable basis. According to the group, this modest increase is mainly explained by an unfavorable calendar effect, with one less Christmas holiday day compared to last year, following an opposite effect in the 1st quarter. For the entire first half, revenue reached 882.7 million euros (consensus: 879 million euros), up 3.9% on a reported basis and 3.1% on a comparable basis.

Drone Volt
Drone Volt announced a capital increase through the issuance of new shares with warrants, consisting of ordinary shares each accompanied by a warrant, with the cancellation of preferential subscription rights for existing shareholders. The total gross amount of the operation is 3.85 million euros and is intended to significantly strengthen the financial structure, support the growth of the most profitable activities, and enable the pursuit of targeted acquisition opportunities.

Mersen
Mersen announced consolidated revenue for the first quarter of 2026 of 296 million euros, representing organic growth of 3.1% year-on-year. Currency effects had a negative impact of over 17 million euros, mainly related to the appreciation of the euro against the US dollar and the Chinese Renminbi over the period compared to the first quarter of 2025. Price increases were around 2%. Remaining attentive to developments in the global macroeconomic environment, Mersen confirmed its targets for the year 2026. Organic growth is expected to be between 2% and 6%, with growth in the second half being more dynamic than in the first. The recurring EBITDA margin is expected at 16% of revenue +/- 50 basis points.

Orange
The operator announced the implementation of a 1.3 billion euro financing facility with CaixaBank and BNP Paribas, as part of the buyout of Scorefit. This financing, with a five-year maturity, was obtained under terms considered attractive by the group. Orange had entered into discussions with its banking partners to finance the exercise of its call option on this entity, currently 100% owned by a subsidiary of BNP Paribas. Scorefit holds fiber access acquired on the wholesale market in France on behalf of Orange.

Pernod Ricard
There will be no cocktail mixing pastis and Jack Daniel's. France's Pernod Ricard and America's Brown-Forman have abandoned their merger project after failing to agree on final terms. Pernod Ricard announced yesterday evening, after the Wall Street close, the end of discussions regarding a tie-up with Brown-Forman, known as the owner of the Jack Daniel's Tennessee whiskey brand. The discussions 'have ended and did not result in an agreement, as the companies were unable to agree on mutually acceptable terms', the French company wrote.

Sopra Steria
The IT services group Sopra Steria unveiled first-quarter 2026 revenue of 1,463.2 million euros, representing total growth of 3.4%, and 3.2% at constant scope and exchange rates (+4.4% excluding the impact of the termination of the SFT program). Sopra Steria confirmed its 2026 targets, namely an organic revenue growth rate between +1% and +2%, an operating margin on business activity of at least 9.5%, and free cash flow of approximately 5% of revenue.

TotalEnergies
The French major unveiled an adjusted net income (TotalEnergies share) of 5.4 billion USD for the first 3 months of the year, up 41% compared to the fourth quarter of 2025 and 29% year-on-year. The group also reported cash flow of 8.6 billion USD (+23% year-on-year), 'demonstrating its ability to capture rising prices thanks to an integrated portfolio of high-performing and diversified businesses in oil, gas, and electricity'.


Given the cash flow generation and the ability to maintain a strong balance sheet, the Board of Directors decided to increase the first interim dividend by 5.9% to 0.90 euros per share, 'the strongest dividend growth among oil majors'. Also regarding shareholder distributions, it further authorized the continuation of share buybacks up to 1.5 billion USD for the second quarter and confirmed the payout target of over 40% for the year.

Furthermore, TotalEnergies announced the completion of the acquisition, signed on November 16, 2025, of 50% of EPH's flexible power generation platform in Western Europe, leading to the creation of TTEP, the second-largest European player in flexible power generation.

TP
Revenue stood at 2,433 million euros in the first quarter of 2026, down -2.2% on a comparable basis (-6.9% on a reported basis), including a 0.1% positive impact related to hyperinflation. Revenue for the activity was down -2.2% on a comparable basis, reflecting the acceleration of offshore solutions, the expected decline in Trust & Safety services, and the environment which remained difficult for LLS. For 2026, TP targets organic group revenue growth between 0% and 2%, and a stable recurring EBITA margin of around 14.6%. It anticipates net free cash flow generation between 800 and 850 million euros, excluding non-recurring disbursements, with a moderate first half and an acceleration in the second half, as in 2025. Approximately 70 to 90 million euros of non-recurring restructuring costs are expected to be recognized in the income statement.

Vetoquinol
In a particularly adverse currency environment, the laboratory dedicated to animal health had to navigate historic headwinds. The impact of exchange rates weighed by -5.2 million euros on the quarter, primarily penalized by the US dollar and the Indian rupee. Added to these conversion effects is the voluntary impact of the simplification program for complementary ranges (-1.7 million euros). Over the first three months of the year, Vetoquinol's revenue reached 125 million euros, down 4.3% on a reported basis and nearly stable (-0.3%) at constant exchange rates, and up 1.2% at constant exchange rates excluding the complementary range simplification program.

Worldline
Revenue reached 831 million euros excluding all disposals in the 1st quarter of 2026, down 0.5% compared to the first quarter of 2025. Reported revenue reached 924 million euros, down 1.5%. Management confirmed its 2026 outlook excluding disposals. It expects low single-digit organic revenue growth (1-4%) after a first quarter that benefited from non-recurring items within Merchant Services. The company anticipates a weaker second quarter offset in the second half by accelerated momentum.


Furthermore, Worldline announced the implementation of a reverse stock split of its share capital, through the exchange of 40 existing shares with a par value of 0.02 euros each for 1 new share to be issued with a par value of 0.80 euros. This reverse stock split operation, approved by the Extraordinary General Meeting held on January 8, will have no impact on the total value of Worldline shares held in each shareholder's portfolio.