Solid results for French industry
The news of the week was strongly marked by the publication of the half-yearly results of many French companies. In a more than sluggish economy, some managed to hold their own. Among the notable performances: the operating margin of the automotive group Stellantis reached 14.1%, the turnover of the luxury giant LVMH increased by 28 % and materials specialist Saint-Gobain announced record operating income of 2.8 billion euros. Profits also up at Safran, while Danone revised its annual targets upwards after a better than expected second quarter.
The French software sector is recovering
French software publishers no longer bear the consequences of Covid-19, says the Truffle 100 study. After a lackluster 2020, the sector’s turnover reached 22 billion euros in 2021, which constitutes an annual increase of 8.9%. Confident about the future, two-thirds of the companies surveyed expect their business to grow by more than 6%, thanks in particular to the cloud.
New recycling plant in Lot-et-Garonne
Dow, a world leader in the manufacture and distribution of chemical products, and Valoregen, which aims to become the first carbon-neutral plastics recycler, want to create the “largest hybrid recycling site in France” in Damazan (Lot-et-Garonne). Supposed to open its doors in the first quarter of 2023, this plant should recycle 70,000 tonnes of plastic waste each year.
Veolia wants to boost the reuse of wastewater
While France is facing a new episode of intense drought, Veolia wants to develop the reuse of treated wastewater. The French group plans to equip 100 French wastewater treatment plants with an additional treatment unit, which should save around three million cubic meters of drinking water each year.
Thales paves the way for post-quantum cryptography
An algorithm co-developed by Thales will integrate the first American – and world – standard on post-quantum cryptography, which aims to thwart potential cyberattacks carried out by quantum computers. The algorithm in question allows you to verify that a message has not been altered and that it comes from a known user explains the technical director of the group’s cyber defense activity.
CNES selects its future launcher manufacturers
Seven companies have been pre-selected by the National Center for Space Studies (CNES) to supply micro and mini-launchers to the Kourou Space Center in French Guiana. Among them, two French companies were selected: Latitude (formerly Venture Orbital Systems), based in Reims (Marne), and the Arianegroup subsidiary MAIA Space, whose mini-launcher should be operational in 2026.
The future Olympic Village is already preparing its second life
In Seine-Saint-Denis, the 175,400 square meters of buildings that will make up the future Athletes’ Village for the Paris 2024 Olympic Games have just come out of the ground, with a reconversion thought out from the design stage. After the Olympic Games, 2,800 housing units will accommodate 7,000 inhabitants and as many employees will be able to work in 100,000 m2 of offices.
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Record half-year results, French software boom and recycling factory… The seven good news of the week
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