“This has not been seen for two years”: insensitive to the ambient gloom, the CAC 40 champions display brilliant performances
DECRYPTION - While France is in crisis, the profits of large groups are up sharply in the third quarter. 2026 should be an excellent year. Explanations.
This is surprising. While France is in disarray, with an economy at a standstill, a soaring sovereign debt rate and social discontent expressed in the streets, large French companies are doing very well. In the third quarter, the majority of them sparked, following on from an already buoyant first half.
The cumulative profits of the 16 CAC 40 groups that published this data jumped by around 30% on average between July and the end of September (compared to the same period a year ago). An increase comparable to that observed elsewhere in Europe and, much more rarely, in the United States. “Profit increases of 30% are unprecedented in modern history,” assures Frederik Ducrozet, head of strategy and macroeconomic research at Pictet Wealth Management.
Generally, results jump by 30% coming out of a recession or Covid for example, which is not the case today. » The French flagships surprised the financial community with, in the majority of cases, sales and profits better than expected. “Which has not been seen for two years,” notes Thomas Zlowodzki, head of equity strategy at Oddo BHF Investment banking.
Machine-translated from French
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Only Le Figaro reports this story so far. We show it as a single source until another newsroom confirms it.
- Le Figaro5 Nov, 19:45
| Publisher Le Figaro (established tier) | +76 |
| Detailed summary | +2 |
| Total | 78 |
Method: reports are grouped by the words of their headline and summary; each newsroom counts once; figures are read from the reports as published. Nothing here is written by an AI.