Additional European Equity News - 10th September 2026
Newsquawk Staff ·
Associated British Foods (ABF LN) - Q4 Trading Statement: Primark Sales +2%, LFL -3%. FY26 adj. operating profit expected to be broadly in line with expectations, but FY26 Sugar expected to deliver an adj. operating loss at the upper end of its GBP -25 to -60mln range. Additionally guides FY27 Sugar adj. operating loss between GBP 70-170mn. (ABF)
Currys (CURY LN) - Trading Update: Group LFL Sales +7% Y/Y. Reaffirms FY26 guidance. (Currys)
Erament (ERA FP) - Co.'s PT Weda Bay Nickel unit has restarted mining operations. 2026 guidance for external nickel ore sales will be given at a later date. (Eramet)
Glanbia (GL9 ID) - Co. appoints Wendy Chang Smith as CFO designate, effective March 31st 2027. (Glanbia)
GSK (GSK LN) - Co. announces that Japan's MHLW has approved a prefilled syringe presentation of Shingrix for the prevention of shingles. (GSK)
Pan African Resources (PAF LN) - FY26 Trading Statement: EPS expected between USD 17.24-17.96. Global production expected to increase in FY27 to between 280k-302k/oz. (Pan African Resources)
Saab (SAABB SS) - Co. announces that the Netherlands has signed a Letter of Intent with Sweden for the acquisition of a Saab GlobalEye Early Warning and Control aircraft. No orders have been received yet. (Saab)
Smith & Nephew (SN/ LN) - Co. prices USD 700mln bond issue due 2036. (Smith & Nephew)
Volvo (VOLVB SS) - Co. announces plans for an energy park near its battery cell production site in Mariestad. (Volvo)
Compass (CPG LN) upgraded to Outperform from Neutral at BNP Paribas
Halma (HLMA LN) downgraded to Neutral from Buy at Rothschild
Smiths Group (SMIN LN) initiated with Buy at Rothschild
Weir Group (WEIR LN) upgraded to Buy from Neutral at Rothschild
- US President Trump signs EO on housing costs, aiming to cut mortgage insurance premiums
- US President Trump called Musk and asked him to lift Ukraine Starlink (SPCX) restrictions, WSJ reports
- US President Trump says "Iran is doing everything they can to drive up the price of Oil prior to the U.S. Midterm Election".
- Infineum is exploring a USD 8bln sale, the FT reports
- US BROKER MOVES: CME upgraded at JPM; BROS downgraded at RBC
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