PagesJaunes’ shares fall 7.7% on revenue predictions

28 Jul 2010
Citing an "unfavorable economic climate," Pages Jaunes' Director General Jean-Pierre Remy announced that the annual revenues would be "more towards -2 or -3 percent than the -1 or -2 percent" than originally predicted.This prompted a drop in the price of its shares on the Paris Bourse to €8.52  -- a fall of 7.7 percent.The group confirmed that it still aims for an annual turnover growth of 5 p

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Steve Shipside

Steve Shipside has been a technology and business journalist since 1990. He has written for numerous daily newspapers (Guardian, Times, Telegraph etc.), websites (including the BBC), and TV (he was a presenter for the Blue Chip business program on Sky TV). Over the years he has written just about everything from celebrity chef interviews for Healthy Eating magazine to Spice Girls profiles for French fashion magazine Citizen K. His specialty, however, is communications and marketing, which is a subject that he covered extensively for Wired as well as trade titles Campaign, Ads International, and Revolution. He has also published books on e-marketing (Capstone), presentations (Dorling Kindersley), communicating effectively (DK), and CVs (Dummies guides). He is based in Paris and London and writes news, features, and analysis on the U.K. and French markets for the AIM Group, as well as training French newspaper journalists in the dark arts of social media.