Additional European Equity News

Banco BPM (BAMI IM) - Q2 (EUR): NII 858mln, Net 379mln (exp. 382mln). Raises FY24 net profit guidance, EPS now seen at 0.95/shr (exp. 1.02/shr). (Newswires)

Beiersdorf (BEI GY) - H1 (EUR): Sales 5.17bln (prev. 4.9bln), adj. EBIT 838mln (prev. 852mln). FY Guidance confirmed. (Newswires)

Bper Banca (BPER IM) - Q2 (EUR): Net 266mln (exp. 385mln), NII 838mln (exp. 827mln). Sees FY NII stable and increased operating costs. (Newswires)

Coca-Cola HBC (CCH LN) - H1 (EUR): Revenue 5.18bln (exp. 5.1bln), adj. EPS 1.04 (exp. 1.07), adj. EBIT 564mln (exp. 562mln). (Newswires)

Hiscox (HSX LN) - H1 (USD): PBT 284mln, interim dividend of 0.132/shr, +5.6% Y/Y. (Newswires)

Legal & General (LGEN LN) - H1 (GBP): H1 223mln, PBT 316mln, ROE 35.4%, Operating 920mln. Interim dividend 0.06/shr, +5%. AUM of 1.136bln (prev. 1.17bln). Independent review report on the Co. says there is nothing to believe that directors inappropriately adopted going concern basis of accounting. (Newswires)

Poste Italiane (PST IM) - Begins second tranche of the buyback. (Newswires)

Puma (PUM GY) - Q2 (EUR): Sales 2.11bln (exp. 2.15bln), EBIT 117mln (exp. 123mln). FY Outlook: EBIT 620-670mln (exp. 663mln). (Newswires)

Rightmove (RMV LN) - Hook appointed as CFO. (Newswires)

Repsol (REP SM) - Commences buyback: maximum net investment is EUR 421mln. (Newswires)

Roche (ROG SW) - Co. is reportedly considering options for its USD 1.9bln cancer start up Flatiron Health, via FT. (FT)

Rolls-Royce (RR/ LN) - Beginning F130 engine testing in Indianapolis, successfully completes testing at the NASA center. (Newswires)

Sampo (SAMPO FH) - Q2 (EUR): PBT 444mln (exp. 358mln), EPS 0.62 (prev. 0.60), Net 310mln (prev. 304mln). Maintains FY group ratio outlook. (Newswires)

Sixt (SIX GY) - Q2 (EUR): Revenue 1.0bln (exp. 0.98bln), EBITDA 384mln (exp. 116mln), PBT 63mln (exp. 66mln). FY Guidance: further significant increase in group revenue is expected. (Newswires)

Tullow Oil (TLW LN) - H1 (USD): Revenue 759mln (exp. 838mln), Net 196mln, Gross 460mln. FY24 guidance reiterated. (Newswires)

TP ICAP (TCAP LN) - H1 (GBP): Revenue 1.14bln (prev. 1.13bln), EBITDA 206mln (prev. 200mln), EBIT 170mln (prev. 163mln), adj. PBT 160mln (prev. 146mln). Interim dividend is maintained. H2 outlook subject to market conditions. Launces a 3rd buyback of GBP 30mln. (Newswires)

UMG (UMG NA) - Come to an agreement with Prorrata.AI on Gen AI attribution tech to compensate and credit content owners. (Newswires)

Voestalpine (VOE AV) - Q1 (EUR): Revenue 4.1bln (exp. 4.3bln), EBITDA -417mln (exp. 450mln), EBIT 228mln. Considering the issuance of a green bond. 

WPP (WPP LN) - H1 (GBP): Revenue 7.3bln (exp. 6.7bln), Operating Profit 423mln. To sell a majority stake in FGS Global for USD 775mln, proceeds used to reduce debt. Lowers FY guidance for LGL Revenue, maintains headline operating profit margin guidance. (Newswires)

07 Aug 2024 - 07:14- ForexResearch Sheet- Source: Newsquawk