Additional European Equity News

Addtech B (ADDTB SS) Q3 2025 (SEK): Net Sales 5.56bln (prev. 5.48bln Y/Y), EBITA 864mln (prev. 790mln Y/Y), EPS 1.90 (prev. 1.65 Y/Y). (AddTech B)

Anglo American (AAL LN) - Q4 Production: Copper 169.5Kt (prev. 198Kt Y/Y), Iron ore 15.1mln tonnes (prev. 14.3mln tonnes Y/Y), Steelmaking Coal Production 2.1mln tonnes (2.4mln tonnes Y/Y), and Nickel 10.3k tonnes (prev. 10.0k tonnes Y/Y). CEO on the Co.’s future outlook says, "Looking ahead, we continue to focus on operational excellence and growth. For 2026, solid progress on mine development activities and strict cost control, coupled with the strong copper price environment, have allowed us to temporarily restart the second plant at Los Bronces.” (Anglo American)   

Assa Abloy (ASSAB SS) - Q4 (SEK): Sales 38.3bln (exp. 38.7bln), EPS 3.85 (exp. 3.83), proposes dividend of SEK 6.40 (prev. 5.90 Y/Y). (Assa Abloy)  

Carrefour (CA FP) - Co. is reportedly said to be looking to sell 10 Core Hypermarkets. (newswires)   

Compass (CPG LN) - Trading Update Q1: Organic Revenue Growth +7.3% Y/Y. We reaffirm 2026 guidance and continue to expect around 10% underlying operating profit growth (constant currency). 

HSBC (HSBA LN) - According to reports from Bloomberg, the company plans to reduce the number of underperformers, as some bankers face zero bonuses. (Bloomberg)

Maersk (MAERSKB DC) - Q4 (USD) EBITDA 1.8bln (exp. 1.84bln), Revenue 13.3bln (exp. 12.9bln) "We delivered a strong performance and high value for our customers in a year where supply chains and global trade continued to be reshaped by evolving geopolitics. Across our operations, volumes grew and asset utilisation was very high". Guidance: Sees 2026 Underlying EBITDA 4.5-7bln (exp. 5.76bln). "Guidance is based on the expectation that global container volume growth will be between 2% and 4% in 2026 and that A.P. Moller - Maersk (Maersk) will grow in line with the market. For the purpose of the financial guidance, Maersk assumes that the Red Sea reopens gradually in 2026. The underlying EBIT guidance also includes the impact of a change in estimated useful lives of vessels from 20 to 25 years effective 1 January 2026, with an estimated impact of around USD 700m in reduced depreciation in 2026." Announced a DKK 6.3bln share buyback. To add, the Co. is to cut 1,000 jobs. (Maersk)

Neste (NESTE FH) - Q4 2025 (EUR): Revenue 4.95bln (prev. 5.57bln Y/Y), EPS 0.15 (exp. 0.23). (Neste) 

Playtech (PTEC LN) - FY Trading Update (EUR): Upgrades FY Adj. EBITDA to at least EUR 195mln. For 2026, the Company remains mindful of ongoing sector headwinds including the scheduled increase to gambling taxes in certain markets including the UK. (Playtech)

Sobi (SOBI SS) - Q3 (SEK): Revenue 7.82bln (exp. 7.98bln). (Sobi) 

Shell (SHEL LN) - Q4 (USD): Adj. Profit 3.26bln (exp. 3.51bln), EPS 0.57 (exp. 0.63), Adj. EBITDA 12.79bln (prev. 14.77bln Y/Y), announces USD 3.5bln share buyback programme Production: Total oil and gas production, compared with the third quarter 2025, increased by 2% mainly due to ramp-up in Canada. LNG liquefaction volumes increased by 7% mainly due to lower maintenance across the portfolio and LNG Canada ramp-up. Total production, compared with the third quarter 2025, increased mainly due to new oil production and comparative help from higher planned maintenance in the third quarter of 2025. (Shell) 

Vodafone (VOD LN) - Q3 (EUR): Revenue 8.5bln (exp. 8.52bln). Organic Service Revenue +5.4% (exp. +6%), UK Organic Service Revenue -0.5% (exp. +1.59%). (Vodafone) 

Atlas Copco (ATCOA SS) downgraded to Neutral from Buy at Goldman Sachs   

Babcock (BAB LN) downgraded to Neutral from Buy at Citi 

Equinor (EQNR NO) downgraded to Neutral from Buy by Bank of America

Fresnilo (FRES LN) downgraded to Hold from Buy at Berenberg 

E.ON (EOAN GY) downgraded to Neutral from Buy by Bank of America

Renault (RNO FP) reiterates with Neutral rating at Goldman Sachs

05 Feb 2026 - 07:10- ForexEU Research- Source: Newsquawk