Sun, Apr 25, 2004 - Page 10 News List

Earnings cheer lifts European indexes for the week

BIGGER PROFITS Volvo and Ericsson were among the companies reporting better-than-expected results, lifting shares and bourses across the continent last week

REUTERS , PARIS

Dutch photocopier and printer maker OCE rallied 6.5 percent after industry giant Xerox said it would deliver a 2004 profit near the higher end of its forecasts.

Elsewhere in the sector, leading IT consultancy Capgemini added four percent despite denying market talk that it might sell its US assets, as speculation surfaced again that the loss-making company could be a takeover target.

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