LONDON, May 14 (Reuters) - Company executives in Europe and Asia mostly remained pessimistic over the outlook for their markets when reporting earnings on Thursday.
Following is a compilation of their comments:
CREDIT AGRICOLE
"I don't think we will experience the full impact of any recovery until the end of 2010," said Georges Pauget, chief executive at France's biggest retail bank.
UNIPETROL
"We believe that this year will be very tough, as well as the next year... We could probably expect the first signs of recovery in 2011, and subsequent growth in 2012, 2013," said Krzysztof Urbanowicz, chief executive at the Czech downstream oil group.
AEGON
"It's clearly too early to be optimistic," said Alex Wynaendts, chief executive at the Dutch insurer. "I think it's way too early to have a clear view... We don't know what the markets are going to do; I think nobody knows, by the way."
ITV
"The television advertising market remains weak. However, ITV continues to outperform the market," said Michael Grade, executive chairman at the British broadcaster.
SONY
"We will still see a tough year for the full year, but we expect to start seeing some bright light in the second half," said Nobuyuki Oneda, chief financial officer at the Japanese electronics company.
PETROM
"It will be worse before it gets better, for sure. It will be worse in the second part of this year, and 2010 will depend on the government's and the market's answer (to the crisis)," said Mariana Gheorghe, chief executive at the Romanian oil and gas company, majority owned by Austria's OMV.
REPSOL
"We have had a tough first quarter. Now we are seeing oil prices recover but refining margins are still weak and the chemical business is depressing," said Antonio Brufau, chairman at the Spanish oil major.
EUROMONEY
"The second quarter (from Jan. 1) is indicative of where things are going. You can basically ignore any recovery in equity markets at the moment, the broader capital markets are still very uncertain," said Colin Jones, finance director at the British financial publishing and conference group.
TOKYO ELECTRON
"Demand is rising for cutting edge equipment from logic chip makers, and we expect demand to improve from the strongest memory chip makers in the second-half of the financial year," said Hiroshi Takenaka, president of the world's second-biggest chip equipment maker.
(Compiled by Simon Jessop; Editing by Dan Lalor)