Additional European Equity News

Babcock (BAB LN) - Marine sector exp. to deliver mid-single digit growth over the medium term. (Newswires) 

Currys (CURY LN) - Trading Update: Group LFL Update Revenue +3% Y/Y. Announces GBP 50mln share buyback. Planning confidently for year ahead. 

DHL (DHL GY) - CMA decided not to refer DHL / Evri merger to Phase 2 investigation. (Newswires) 

Jet2 (JET2 LN) - Guides FY25 EBIT at the lower end of the consensus range. (Newswires) 

France Confidence Vote - France’s Socialists will meet PM Bayrou as he seeks support to survive a confidence vote on Monday. The Socialists have indicated they will not back him and have openly expressed their ambition to replace him, challenging his efforts to secure rival party support in the National Assembly. (BBG)

IG (IG/ LN) - Commencement of new share buyback programme. (Newswires) 

Porsche AG (P911 GY) - Co. is to drop out of the DAX 40, and to be replaced by Scout 24 (G24 GY), as of Sept 22. (Newswires) 

Personalis (PSNL), AstraZeneca (AZN LN) - Personalis reported that its NeXT Personal test strongly predicts outcomes in stage II-IIIb, EGFR-mutated NSCLC patients receiving neoadjuvant therapy in an AstraZeneca phase 3 trial. Data, to be presented at IASLC 2025, show NeXT Personal offers a more sensitive measure of molecular residual disease, potentially guiding future treatment decisions. (Newswires) 

Roche (ROG SW) - Roche receives CE mark for Contivue, its Port Delivery Platform containing Susvimo, for neovascular age-related macular degeneration (nAMD). (Newswires) 

Nexans (NEX FP) - Shareholder Invean to sell 2.2mln shares. (Newswires) 

Shell (SHEL LN), BP plc (BP/ LN) - Shell and BP-branded gas stations in Indonesia have experienced fuel shortages due to import restrictions, Bloomberg reports. Shell reported that its three gasoline brands are unavailable at some locations and is coordinating with Indonesia’s Energy Ministry to restore supply, noting it represents a small share of the country’s fuel market.

Buzzi (BZU IM) initiated with a Neutral at Goldman Sachs; analysts write stock has an attractive valuation vs peers. 

Holcim (HOLN SW) initiated with a Buy at Goldman Sachs; analysts see continued earnings growth out to 2030. 

Heidelberg Materials (HEI GY) initiated with a Buy at Goldman Sachs; analysts see cyclical and structural tailwinds. 

Mercedes-Benz (MBG GY) initiated with an Outperform at CICC

04 Sep 2025 - 07:05- EquitiesEU Research- Source: Newsquawk