Additional European Equity News

AstraZeneca (AZN LN) - Q3 2025 (USD): Core EPS 2.38 (exp. 2.30), Revenue 15.2bln (exp. 14.9bln); Growth in Total Revenue across all major geographic regions. CEO: "We are also delivering on our strategy to strengthen our operations in  the United States to power our growth. This includes a historic  agreement with the US government to lower the cost of medicines for  American patients, and broadening our US manufacturing footprint  having broken ground at our new $4.5bn Virginia manufacturing  facility in October"

Air France (AF FP) - Q3 (EUR): Revenue 9.21bln (exp. 9.4bln), Op. Result 1.2bln, +23% Y/Y. Confirms FY outlook. (Air France)  

BT Group (BT/ LN) - H1 (GBP): Revenue 9.8bln (prev. 10.12bln Y/Y), pretax profit 862mln (prev. 967mln Y/Y), dividend 0.025 (prev. 0.024), confirms FY26 guidance with adj. EBITDA between 8.2-8.3bln. (BT Group)  

Continental (CON GY) - Q3 (EUR): EPS -3.78 (exp. -0.72), Adj. EBIT 565mln (exp. 570mln). Aumovio spin-off and planned OESL sale lead to negative impact on earnings from non-cash special effects in the amount of EUR 1.1bln. CEO said “In a challenging market environment, we continue to work diligently, both operationally and strategically, to complete our realignment next year”. (Continental)

Derwent London (DLN LN) - In Q3 business update, co. states over GBP 200mln in disposals so far in 2025 and reiterates ERV guidance of 3-6% for 2025, with higher quality buildings to outperform. (Derwent London)    

Deutz (DEZ GY) - Q3 (EUR): Adj. EBIT 28.4mln (exp. 24.6mln), Revenue 493.3mln (exp. 485.6mln). FY Outlook: Revenue 2.1bln (exp. 2.16bln). (Newswires)   

Diageo (DGE LN) - Q1 (GBP): Net sales 4.875bln (prev. 4.986bln Y/Y), flat organic net sales growth +2.9%, sees FY26 organic net sales growth to be flat to slightly down due to negative impact from Chinese white spirits and a weaker US consumer. FY26 free cash flow to be near USD 3bln (prev. 2.7bln Y/Y). (Diageo)

EDP (EDP PL) - Q3 (EUR): Net profit 243mln (exp. 256mln), EBITDA 1.19bln (exp 1.121bln). (EDP)  

FTSE 100 Ex- Dividends – Unilever (ULVR LN), HSBC (HSBA LN), and Airtel Africa (AAF LN) will trade without entitlement to their latest dividend payouts. (dividenddata)

GEA (G1A GY) - Q3 (EUR): Revenue 1.37bln (exp. 1.38bln), Adj. EBIT 179.7mln (Exp. 169.6mln), EPS 0.74 (exp. 0.73). FY Outlook confirmed. (Newswires) 

Henkel (HEN3 GY) - Q3 (EUR): Sales 5.1bln (exp. 5.22bln). FY guidance unchanged. (Newswires) 

Hikma (HIK LN) - Co. expects FY25 revenue growth of 4-6% and tightens core operating profit range to USD 730-750mln (prev. USD 730-770mln); Bill Larkins is to step down from the President of the Injectables business, with CEO Riad Mishlawi to act as interim head. (Hikma)  

IMI (IMI LN) - Q3 trading update; Organic revenue +12% Y/Y and reaffirms FY25 guidance. (IMI)

Kuehne+Nagel (KNIN SW) - Co. to expand its facility in El Paso to meet its growing market demand for cross-border logistics. Facility will increase the capacity by 60%. (Kuehne+Nagel)  

Mediobanca (MB IM) - Q3 (EUR): Total income 868mln (prev. 952mln Q/Q), NII 479mln (exp. 496mln Q/Q). (Mediobanca)

Maersk (MAERSKB DC) - Q3 2025 (USD): EBITDA 2.7bln (exp. 2.583bln), EBIT 537mln (exp. 930mln), Sees FY underlying EBITDA between 9.0-9.5bln (exp. 9.11bln). Executive Summary: Excellent Ocean performance with higher volumes and broadly stable loaded freight rates compared to Q2. Record volumes and profitability in Terminals. Continued margin improvement in Logistics & Services. Distribution of cash to shareholders during the quarter was USD 578m, entirely from share buy-backs. Maersk refines the full-year 2025 financial guidance by raising the lower end. The expected global container market volume growth has also been revised to be around 4% (previously between 2% and 4%). Red Sea disruptions expected to last the full year.

Nordex (NDX1 GY) - Received an order from EnBW AG, within the scope of an extended framework agreement, for the delivery and installation of ten N175/6.X wind turbines with a total capacity of 68 megawatts. (Nordex) 

Rheinmetall (RHM GY) - 9M (EUR): Sales 7.5bln, +20% Y/Y. Op. Profit 835mln, +18% Y/Y. Confirms 2025 outlook. Still sees FY Op. Margin around 15.5% (exp. 16.2%). (Newswires) 

Skanska (SKAB SS) - Q3 (SEK): EPS 3.07 (exp. 3.92), Revenue 43.7bln, +8% Y/Y. (Newswires)  

Sabadell (SAB SM) - Co. to redeem EUR 1bln in mortgage bonds on November 11. (Sabadell)  

Sainsbury (SBRY LN) - H1 (GBP): Retail sales 15.58bln (prev. 14.87bln Y/Y), Underlying profit before tax 340mln (prev. 309mln Y/Y), expects Retail underlying operating profit of more than 1bln and retail free cash flow greater than 500mln. (J Sainsbury)

Sofina (SOF BB) - Co. completes the placement of EUR 600mln of senior unsecured bonds at a fixed annual coupon of 3.707%. (Sofina)

Tate & Lyle (TATE LN) - H1 (GBP): Revenue 1.024bln, -3% Y/Y; adj. EBITDA 215mln, -6% Y/Y; reaffirms FY26 outlook from prior statement, weaker H1 performance due to weaker demand, notably in North America. (Tate & Lyle)

Veolia (VIE FP) - 9M (EUR): Revenue 32.3bln, +3.2% Y/Y. EBITDA 5.08bln, +5.4% Y/Y. Confirms outlook. (Newswires)   

Watches of Switzerland (WOSG LN) - H1 (GBP): Revenue 845mln (prev. 785mln Y/Y). Notes that demand for luxury watches remains robust and continues to exceed supply, with consistent additions to and conversions of the client Registration of Interest lists. Luxury watches revenue +10% at constant currency. Luxury jewellery revenue +10% at constant currency, making up 12% of Group revenue. Luxury branded jewellery outperforming.     

Vistry (VTY LN) - Trading Update: FY expectations are left unchanged. Sales +11% since 1 July. Are encouraged by Government affordability measures. (Vistry)   

Zurich Insurance (ZURN SW) - 9M (USD): P&C GWP 38.9bln (prev. 36.1bln Y/Y), Life GWP 26.8bln (prev. 24.1bln Y/Y). (Zurich Insurance)

06 Nov 2025 - 07:09- ForexEU Research- Source: Newsquawk