Additional European Equity News

Barratt Redrow (BTRW LN) - “We have delivered a resilient performance over Q3 despite challenging market conditions and increased uncertainty ahead of the November Budget.”  FY26 guidance for total home completions remain unchanged between 17,200-17,800 homes. (Barratt Redrow)

Bouygues (EN FP) - 9M (EUR): Net Income 735mln (prev. 687mln Y/Y), Revenue 41.9bln (prev. 41.5bln Y/Y). (Newswires) 

Drax (DRX LN) - Co. has signed an agreement with LCCC for a low-carbon dispatchable CFD to cover biomass units from April 2027 to March 2031. (Drax) 

Glanbia (GLB LN) - 9M: LFL revenue growth 3.3% (prev. -2.5% Y/Y), raises FY revenue guidance for Performance Nutrition to 3-4%. (Glanbia) 

JD Wetherspoon (JDW LN) - Trading Update (14-WTD): LFL Sales +3.7% Y/Y. (Newswires) 

Leonardo (LDO IM)/ Rheinmetall (RHM GY) - Co.’s JV has been awarded a supply contract for 21 “A2CS” vehicles for the Italian army. Delivery of the first vehicle to be expected by the end of 2025. (Newswires)

Marks & Spencer (MKS LN) - H1 2025 (GBP): Revenue 7.94bln (exp. 6.51bln), PBT 184.1mln (exp. 114.5mln), Food Sales +7.8% Y/Y, Fashion, Home & Beauty Sales -16.4%; consumer environment remains uncertain heading into H2. (Marks & Spencer)

Nexi (NEXI IM) - Q3 (EUR): Revenue 927.3mln (exp. 927mln), EBITDA 526.4mln (exp. 530mln), reaffirms FY25 targets. (Nexi)  

Nordea (NDA FH) - Co. announced new financial targets for 2030, targets ROE above 15% in 2030 and EPS around EUR 2.0. Plans to deliver over EUR 20bln in shareholder distributions during 2026-30 period. (Nordea)

Orsted (ORSTED DC) - Q3 (DKK): EPS -4.2 (exp. -0.55), Revenue 12.3bln (exp. 15.8bln). Outlook: FY Adj. EBITDA 24-27bln (exp. 26bln). Notes of completion of rights issue and strong execution of business plan. (Orsted)   

Stellantis (STLAM IM/ STLAP FP) - Co. has urged the Trump administration to extend a North American free trade deal, which is crucial to American auto production. (Newswires)

TP ICAP (TCAP LN) - Q3 (GBP): Revenue 560mln, up 3% Y/Y, remains comfortable with FY25 expectations for adj. EBIT. (TP ICAP)  

UBS (UBSG SW) - Swiss parliamentary committee stated that capital requirements for the bank should not exceed those in other major financial centres as pressure rises for the government to ease proposed rules. (Newswires)

Weir (WEIR LN) - Trading Update: Group Orders +2% Y/Y, reflecting good underlying demand. FY outlook: 2025 guidance reiterated. (Newswires)

Wolters Kluwer (WKL NA) - 9M (EUR): Revenue +7% Y/Y. Full-year 2025 guidance reaffirmed. (Wolters Kluwer)  

UK Telecoms - Several UK mobile network providers have agreed to change their systems to prevent AI-related fraud. (City AM)

Geberit (GEBN SW) upgraded to Neutral from Underweight at JP Morgan  

05 Nov 2025 - 07:15- ForexEU Research- Source: Newsquawk