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The Strong Euro Remains a Stone in the Shoes of the CAC 40 Companies
Summary by economiematin.fr
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This article, in open access, is produced by the research team in analysis and stock market strategy of BFM Scholarship ...
The CAC 40 companies have generally resisted well in the first half of the year, but their publications have highlighted an obstacle largely independent of their commercial performance, namely the strength of the euro. However, when the single currency appreciates itself against the dollar and the main Asian currencies, foreign revenues mechanically lose their value once converted into euro accounts. Organic growth can thus remain positive, whil…
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