Additional European Equity News

Capita (CPI LN) - H1 (GBP): Revenue 1.24bln (exp. 1.23bln), PBT 60mln (exp. 19mln), Operating 43mln, EBITDA 101mln (prev. 96mln). FY profit guidance unchanged. (Newswires)

Deutsche Wohnen (DWNI GY)/Vonovia (VNA GY) - Chancellor Scholz is reportedly lining up fresh crisis talks with property firms, meeting scheduled for 6th December. Meeting set to address the housing shortage. (Newswires)

Engie (ENGI FP) - H1 (EUR): Revenue 37.5bln, EBITDA 7.8bln (exp. 8.5bln), Net 3.8bln (exp. 3.29bln). FY Outlook: Recurring Income 5.0-6.0bln (prev. guided 4.2-4.8bln), adj. EBIT 8.2-9.2bln (exp. 7.5-8.5bln). (Newswires)

Erste Group (EBS AV) - H1 (EUR): Net Trading Result 137mln (prev. 270mln), Operating 2.97bln (prev. 2.69bln). Due to the later than expected first rate cut by the ECB, NII should remain stable Y/Y (prev. guided -3%). (Newswires)

Prysmian (PRY IM) - Secured a contract in Australia worth EUR 600mln. (Newswires)

Ryanair (RYA ID) - July: Traffic 20.2mln, +8% at a load factor of 96% with 651 flights cancelled amid air-traffic control delays. (Newswires)

Santander (SAN SM) - Received approval from the Canadian gov't re. the expansion of its consumer banking unit. (Newswires)

Telecom Italia (TIT IM) - Board reportedly asked the CEO to clarify the modalities of the INWIT sale during its post-earnings board meeting, via Il Messaggero. (Il Messaggero)

UMG (UMG NA) - Warner Music Group (WMG) is restructuring its Recorded Music division. Max Lousada will step down as CEO at year-end but stay as an advisor. Julie Greenwald becomes Chairman of Atlantic Music Group, while Elliot Grainge takes over as CEO from October 1st. WMG shares were up over 4% in afterhours trading following the announcement.

Volkswagen's (VOW3 GY) - Audi new EV car series which has been developed in China for that market will not feature the four-ring logo, via Reuters citing sources; concept car to be unveiled in November and the series will have nine models by 2030. (Newswires)

Wizz Air (WIZZ LN) - July: Carried 5.9mln passengers, load factor of 93.8% with operating capacity -0.3% Y/Y. Co. was impacted by worldwide system outage, impacting 1% of the monthly schedule. (Newswires)

02 Aug 2024 - 07:10- EquitiesData- Source: Newsquawk