Additional European Equity News

ArcelorMittal (MT NA) – Co. has told UK Housing Minister Micheal Gove that it may forced to cease operations in Britain unless he blocks the redevelopment of Chatham Docks, via Sky News. (Sky News)

BP (BP/ LN) - Shareholders in the Co. are preparing for the Co. to scale back its climate targets, via the FT. (FT) 

Demant (DEMANT DC) – Q1 (EUR): Organic growth 3% (exp. 4.7%). Organic revenue growth 3%, driven by good performance. FY organic growth 4-8%, FY adj. EBIT 4.6-5bln. (Newswires)

Getlink (GET FP) - CEO said atleast 5 companies are "seriously" interested in starting new passenger trains between the UK and Europe, according to the FT. (FT)

Maersk (MAERSK DC) - On the Red Sea, Co. said effects of the situation are widening and continuing to cause industry-wide disruptions. An industry wide capcity loss of 15-20% on far east to North Europe and Mediterranean market in Q2. (Newswires) 

Redrow (RDW LN) - Co. is facing a a dispute with Thames Water over damage to sewage pipes in the Berkshire town of Maidenhead; the Co. was accused of "negligence" after its builders allegedly damaged a sewer, via the FT. (FT)

SBB (SBBB SS) – Q1 (SEK): Income +3.9%, Prextax profit -1.30bln, Net Income 1.109bln. Believes that the increasingly strong credit and property markets favour the Co. (Newswires)

06 May 2024 - 07:10- - Source: Newsquawk