Additional European Equity News

Admiral (ADM LN) - FY (GBP): Pretax Profit 839.2mln, EPS 2.166. (Newswires) 

BP (BP/ LN) - Co. successfully completed drilling at El Fayoum-5 Gas well in North Alexandria offshore concession. (Newswires) 

Endeavour Mining (EDV LN) - FY (USD): gold production 1,103 koz (prev. 1,072 koz), EBITDA 834mln (prev. 773mln), free cash flow 313mln (prev. -174mln), adj. EPS 0.93 (prev. 0.93); Tier 1 Assafou project DFS on track for late-2025 to early-2026; aggressive exploration ongoing around the project, Share buybacks of USD 22mln completed YTD-2025, 69% higher than the prior year bringing total shareholder returns since 2021 to 1.2bln, 82% above minimum commitment

Entain (ENT LN) - FY (GBP): adj. EBIT 616.6mln (exp. 638.9mln), adj. Pretax profit 518.4mln (exp. 347.8mln), gross profit 3.12bln; FY25 guidance: momentum sees business well placed, BETMGM expected to deliver positive EBITDAR, expect mid-single digit percent growth in online NGR, online EBITDA margin expected to be 25%, sees revenue  of USD 2.4-2.5bln and positive EBITDAR

Reckitt (RKT LN) - FY (GBP): Revenue 14.2bln (prev. 14.6bln Y/Y). Q4: LFL Sales +4.6% (exp. +5.9%). Guides: FY25 LFL Net Revenue +3-4%. (Newswires) 

Rentokil (RTO LN) - FY (GBP): Revenue 5.44bln (exp. 5.43bln), Adj. Pretax 703mln (prev. 766mln Y/Y), Organic Revenue +2.8% Y/Y. (Newswires)

Melrose (MRO LN) - FY (GBP): Adj. Op. Profit 566mln, +38% Y/Y, Adj. Pretax 438mln (prev. 331mln Y/Y), Adj. Revenue 3.47bln (prev. 3.35bln Y/Y). 2025: Sees Group Revenue of circa. 5bln in 2029. Sees FY25 Revenue range of 3.55-3.7bln. (Newswires)  

Page (PAGE LN) - FY (GBP): Pretax profit 49.1mln (prev. 117.4mln Y/Y), Revenue 1.74bln (exp. 1.69bln). Notes of high degree of macro economic and geopolitical uncertainty remain across the majority of its markets. (Newswires) 

Informa (INF LN) - FY (GBP): Adj. Pretax Profit 915.4mln (exp. 860.9mln), Op. Profit 995mln (exp. 958.2mln). Recommencing share buybacks. In 2025: Overall target is four double digit growth in group rev. and Adj. EPS. (Newswires) 

ITV (ITV LN) - FY (GBP): Revenue 3.49bln (exp. 3.54bln). Adj. EPS 0.10 (prev. 0.09 Y/Y). (Newswires) 

Lindt (LISN SW) downgraded to Reduce from Add at Baader

Segro (SGRO LN) - SELP completes purchase of assets 

Schroders plc (SDR LN) - FY (GBP): adj. Pretax profit 603mln (exp. 546mln), revenue 2.29bln (prev. 2.25bln Y/Y), AUM 779bln (+4% Y/Y), making good progress to profitable growth, will invest 500mln into high-returning private market segments, targeting 20bln net new business from 2025-27, looking to reduce cost-to-income ratio over time, sees growth in wealth segment. (Newswires)

Adidas (ADS GY) upgraded to Hold from Sell at Hauck

Danone (BN FP) upgraded to Outperform from Neutral at Davy Research 

Ryanair (RYA ID) downgraded to Equal Weight from Overweight at Morgan Stanley 

NatWest (NWG LN) downgraded to Add from Buy at Peel Hunt 

06 Mar 2025 - 07:02- ForexEU Research- Source: Newswires