Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Société Générale    GLE   FR0000130809

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

SocGen stake in Vivendi not strategic, CEO says

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 02:22pm CEST

Societe Generale's (>> SOCIETE GENERALE) 7.86 percent stake in entertainment group Vivendi (>> VIVENDI) is not strategic and is linked to an employee savings scheme managed by the French bank, SocGen's chief executive said on Thursday.

Societe Generale's (>> SOCIETE GENERALE) 7.86 percent stake in entertainment group Vivendi (>> VIVENDI) is not strategic and is linked to an employee savings scheme managed by the French bank, SocGen's chief executive said on Thursday.

"(The Vivendi stake) is not strategic and it is mainly linked to the fact that we manage their employee savings scheme," Frederic Oudea told journalists on a conference call.

Separately, SocGen Deputy CEO Severin Cabannes said a surge in fixed-income revenue in the first quarter had been driven by both client activity and trading, adding that client demand could be fulfilled whatever the regulatory environment.

(Reporting by Lionel Laurent; Editing by James Regan)

Stocks treated in this article : SOCIETE GENERALE, VIVENDI
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SOCIÉTÉ GÉNÉRALE
04/25 SOCIETE GENERALE : 21/04/2017 Appointment of Delphine Garcin-Meunier as Head of ..
04/24 European shares rally as Italian, French banks soar after Macron win
04/21 French stocks slip in flat European market as vote nears
04/21 SOCIÉTÉ GÉNÉRALE : Availability or consultation of the information relating to t..
04/20 SOCIETE GENERALE : Croatian central bank approves sale of Splitska Banka to Hung..
04/20 French stocks, euro gain, bond spreads tighten as election nears
04/20 SOCIETE GENERALE : Au Parcours de Pâques, les cavaliers effectuent des prouesse..
04/20 EN GARDE! : Paris bankers brace for restless night of French election
04/19 SOCIETE GENERALE : 19/04/2017 Societe Generale creates a more agile, customer-fo..
04/18 SOCIETE GENERALE : 2016 remuneration policies and practices report
More news
Sector news : Banks - NEC
04/29 SHAW COMMUNICATIONS EXPLORES SELLING : sources
04/28DJCREDIT SUISSE : Shareholders Approve Bonus Packages
04/28 FTSE in biggest one-month fall since November
04/28 Strongest week since December for European shares as investors pile in
04/28 CREDIT SUISSE : bosses grilled over bonuses after 2016 losses
More sector news : Banks - NEC
News from SeekingAlpha
04/27 EUROPEAN BANKS AND FRENCH ELECTIONS : What Next?
04/25 FOCUS ON EUROPE : Gearing Up For Q1 Results!
04/18 Societe Generale Offers A Sustainable 5% Yield
04/18 What To Expect From The French Presidential Election?
04/18 FOCUS ON EUROPE : Will Marine Le Pen Become France's Next President?
Advertisement
Financials (€)
Sales 2017 25 273 M
EBIT 2017 7 946 M
Net income 2017 3 763 M
Debt 2017 -
Yield 2017 4,39%
P/E ratio 2017 10,97
P/E ratio 2018 9,88
Capi. / Sales 2017 1,60x
Capi. / Sales 2018 1,57x
Capitalization 40 555 M
More Financials
Chart SOCIÉTÉ GÉNÉRALE
Duration : Period :
Société Générale Technical Analysis Chart | GLE | FR0000130809 | 4-Traders
Full-screen chart
Technical analysis trends SOCIÉTÉ GÉNÉRALE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 48,8 €
Spread / Average Target -2,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Frédéric Oudéa Chief Executive Officer & Director
Lorenzo Bini Smaghi Chairman
Philippe Heim Group Chief Financial Officer
Alain Benoist Head-Processes & Information Systems
Carlos Goncalves Head-Global Technology Services
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SOCIÉTÉ GÉNÉRALE6.49%44 178
JPMORGAN CHASE & CO.0.82%310 761
WELLS FARGO & CO-2.30%269 408
INDUSTRIAL AND COMMRCL..10.66%247 676
BANK OF AMERICA CORP5.61%233 679
CHINA CONSTRUCTION BAN..9.56%203 772
More Results