Additional European Equity News

Deutsche Telekom (DTE GY) - EU Commission has given the greenlight for Austria's largest private fiber partnership. Meridiam and Megenta will jointly invest EUR 1bln for the fiber rollout. Deutsche Telekom says over 650k new households and businesses will be connected by 2030. (Newswires)

Fincantieri (FCT IM) - Co. will present measures to strengthen its financial position without a capital increase, according to its CEO. (Newswires)

Pearson (PSON LN) - FY 2022 (GBP): Revenue 3.84bln (prev. 3.43bln). Net 244mln (prev. 178mln). Underlying sales growth +5% Y/Y. (Newswires)

Prysmian (PRY IM) - Co. has been awarded USD 1.8bln in orders, according to reports. (Newswires) 

Rightmove (RMV LN) - FY 2022 (GBP): Revenue 333mln (prev. 305mln). Operating profit 245mln (prev. 231mln). (Newswires)

Shell (SHEL LN) - CEO expects to pay over USD 500mln in UK taxes in 2023. (Newswires) 

Rightmove (RMW LN) downgraded to Add from Buy at Numis

Volkswagen (VOW3 GY) downgraded to Hold from Buy at HSBC

03 Mar 2023 - 07:31- Research Sheet- Source: Newsquawk

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