Additional European Equity News

3i Infrastructure (3IN LN) - Has agreed to sell a c. 70% stake in TCR. (Newswires)

Aviva (AV/ LN) - FY 2025 (GBP): Op. Profit 2.2bln (prev. 1.76bln Y/Y), Total Div/shr 39.3p (prev. 35.7p Y/Y), GWP 9.78bln (prev. 7.69bln Y/Y). Looking ahead to 2026, we expect growth and earnings momentum supported by our diversified business model and the addition of Direct Line. Buyback for up to GBP 350mln. (Aviva)   

Airbus (AIR FP) - TCI Fund Management reported a circa. 5% stake, as of March 2nd. (Newswires) 

Admiral (ADM LN) - H1 (2026): Turnover 5.90bln (prev. 5.95bln Y/Y). Net investment income 113 (prev. 86 Y/Y), profit before tax from continuing operations 958mln (prev. 827mln Y/Y), EPS 2.47 (prev. 2.13 Y/Y). (Admiral)

Ex-dividends - Rio Tinto (RIO LN) will trade without entitlement to its latest dividend. (dividenddata) 

Entain (ENT LN) - FY 2025 (EUR): Net Gaming Revenue 5.33bln (exp. 5.32bln, prev. 5.16bln Y/Y), Underlying EBITDA 1.16bln (prev. 1.09bln Y/Y), Adjusted diluted EPS 61.8 (prev. 29.9 Y/Y). Entain expects FY26 Online NGR (exc. US) growth of 5-7% on a constant currency basis, and remains comfortable with market expectations for FY26 Group Underlying EBITDA. (Entain)   

Drax (DRX LN) - CFO to take a 6 month leave, with health issues cited. (Drax)   

ITV (ITV LN) - FY 2025 (GBP): Revenue 4.12bln (prev. 4.14bln Y/Y), Adj. EBITDA 531mln (prev. 549mln Y/Y), Adj. EPS 8.5p (prev. 9.6p Y/Y). As part of the continuing cost-saving programme, we will deliver a further £20m of additional permanent non-content cost savings in 2026. 2026 Outlook: Full-year adjusted EBITA margin is expected to be at the lower end of the 13% to 15% range, reflecting the revenue mix in the year.  Revenue, margin and profit will be weighted to H2, due to the phasing of scripted deliveries and timing of high-margin licensing deals. (ITV) 

LEG Immobilien (LEG GY) - FY25 (EUR): Adj. EBITDA 718.3mln (prev. 669.5mln Y/Y). Net Operating Income 764.1mln (prev. 718.7mln Y/Y). Dividend per share 2.92 (prev. 2.70). ( LEG Immobilien)

Nexi (NEXI IM) - FY25 (EUR): Revenue 3.58bln, +2.1% Y/Y; EBITDA 1.9bln, +2.3% Y/Y. Proposes a 2026 dividend of EUR 0.30/shr, +20% Y/Y. Announces a non-cash impairment of goodwill for 3.7bln. (Nexi)

Reckitt (RKT LN) - Q4 2025 (GBP): Net Revenue 3.61bln, +1.9% Y/Y; LFL Revenue +5.4% Y/Y. FY 2025: Adj. EPS 352.8p, +1.1% Y/Y, Adj. Op. Profit 3.54bln, +2% Y/Y. Guides 2026 LFL Net Revenue in Core Reckitt +4-5% medium term guidance range. Expects continued challenging trading environment in Europe. (Reckitt) 

Rentokil (RTO LN) - FY 2025 (USD): Revenue 6.91bln (exp. 7.61bln), EBITDA 1.43bln (prev. 1.365bln Y/Y). Recommended final dividend of 8.24 cents, +4.6% Y/Y; total FY25 dividend of 12.39 cents, +3% Y/Y. On track to deliver North America 2027 targets of USD 100mln cost reduction and above 20% margin. Simplified approach to deliver c.800 branches and c.30 retained brands in North America. Richard Solomons, Chair of the Board, has informed the Board of his intention to retire, once a successor has been appointed. (Rentokil)  

Page (PAGE LN) - FY (GBP): Revenue 1.60bln (exp. 1.58bln), Gross Op. Profit 769.5mln (prev. 842.6mln Y/Y). “We remain confident in the execution of our strategy”. (Page)   

Serco (SRP LN) - FY 2025 (GBP): Revenue 4.88bln (exp. 4.89bln), Underlying Op. Profit 272mln (prev. 274mln Y/Y), Underlying EPS 16.93 (prev. 16.67p Y/Y). Reiterated guidance. (Serco) 

Taylor Wimpey (TW/ LN) - FY 2025 (GBP): Revenue 3.84bln (prev. 3.40bln Y/Y), Basic EPS 2.8 (prev. 6.2 Y/Y), Adj. operating profit 420.6mln (prev. 416.2mln Y/Y); Co. announces share buyback of GBP 52.3mln. (Taylor Wimpey)

Airbus (AIR FP) upgraded to Buy from Neutral at Citi 

Heidelberg Materials (HEI GY) upgraded to Buy from Neutral at Citi

Vistry Group (VTY LN) upgraded to Buy from Hold at Stifel Nicolaus  

05 Mar 2026 - 07:30- ForexEU Research- Source: Newsquawk