Additional European Equity News

AstraZeneca (AZN LN) - Triggers USD 1mln preclinical milestone payment to C4X Discovery under its NRF2 exclusive worldwide license agreement worth up to USD 402mln. (Newswires) 

Credit Agricole (ACA FP) - Files to sell USD-denominated 6-yr and 11-yr notes. (Newswires) 

Entain (ENT LN) - Announces the appointment of Ricky Sandler as a non-exec director with immediate effect. (Newswires) 

Outokumpu (OUT1V FH) – Increased ownership in Tornio Rajakiiri Wind Park, now owns 19.9%. (Newswires)

OMV (OMV AV) - Acquires 50% stake in the largest wind power project portfolio in Romania. (Newswires) 

Renault (RNO FP) - Korea unit reports December vehicle sales 6.81k, -30% Y/Y. (Newswires) 

Ryanair (RYA ID) - Reports December Load Factor 91% (prev. 92% Y/Y). Passengers 12.5mln (prev. 11.5mln Y/Y). In other news, Co. says in early December most larger "pirate" online travel agents suddenly removed Ryanair's flights from sale on their websites. Says we expect removed flights from these OTA websites to reduce short term load factors by 1 or 2% in Dec and Jan. Expects removal to soften short term yields as we respond by making more low fares available directly to consumers. Do not expect this recent removal of OTA bookings will materially affect our FY24 traffic or pat guidance. (Newswires) 

Wizz Air (WIZZ LN) – December: 4.96mln passengers, +18.8% Y/Y; load factor 82.1%. (Newswires)

Qiagen (QIA GY) - Expands business in Middle East with new regional headquarters and major projects. (Newswires) 

Boliden (BOL SS) downgraded to Sell from Hold at Jyske Bank 

Maersk (MAERSKB DC) upgraded to Neutral from Sell at Goldman Sachs 

03 Jan 2024 - 07:05- Research Sheet- Source: Newsquawk