Additional European Equity News

AstraZeneca (AZN LN) - Breztri met primary endpoints in PH3 asthma trials. (Newswires) 

NatWest (NWG LN) - Q1 (GBP): NII 3.02bln (exp. 2.98bln), Net Income 1.25bln (exp. 1.06bln), Adj. Pretax Op. 1.81bln (exp. 1.56bln); Outlook: 2025 income excl. notable items to be at upper end of prev. guided range. Expects to pay ordinary dividends of around 50% of attributable profit from 2025. In face of increased global economic uncertainty, customers remain resilient and saw good levels of activity through Q1'25.

Rotork (ROR LN) - Q1 Trading Update: No significant change in order trends or customer behaviour and April has been in line with our expectations. (Newswires)

Ryanair (RYA ID) - In April, carries 18.3mln passengers, +6% Y/Y. Load Factor 93% (prev. 92% Y/Y). (Newswires) 

Shell (SHEL LN) - Q1 (USD) Adj. EPS 0.92 (exp. 0.95), Adj. profit 5.58bln (exp. 5.09bln), Adj. EBITDA 15.25bln (exp. 15.06bln). Shell announces a USD 3.5bln buyback. Net debt 41.52bln (exp. 38.98bln). (Newswires) 

Pearson (PSON LN) - Q1 Trading Update: Underlying Sales +1% Y/Y. Affirms outlook. All business units performing in-line with expectations; confident to achieve expectations for the year. (Newswires) 

Wizz Air (WIZZ LN) - April Load Factor 93% (prev .90.3% Y/Y). Notes overall demand was strong. (Newswires) 

Talanx (TLX GY) upgraded to Overweight from Equal Weight at Morgan Stanley