French-listed oil services group
Saint-Gobain is now up 4 percent since reporting a sales and profit drop on Wednesday, with Berenberg describing the results as "solid" and the outlook as optimistic.
That continued a recent trend of French companies delivering decent profits and better outlooks, in contrast to last year, when a weak economy hit earnings and caused the CAC to underperform.
Of French blue chips to report yearly earnings so far, 60 percent have beaten or met expectations, posting an aggregate 2 percent surprise on earnings estimates.
On the STOXX Europe 600, there has been only a 1 percent positive aggregate surprise in earnings reports, with 59 percent of companies having beaten or met expectations.
The CAC is up 1.8 percent so far this year, compared to a 0.8 percent rise on the German DAX. Last year, the DAX rose 25 percent to the CAC's 17 percent gain.
-- SPA 18:37 LOCAL TIME
All Rights Reversed for Saudi Press Agency Provided by Syndigate.info, an Albawaba.com company
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