Additional European Equity News

AB Foods (ABF LN) - Trading Update (GBP): Group Revenue +1%. Primark has had a challenging start to the financial year, with a mixed performance. In the UK, Primark delivered encouraging sales growth of around 3%, with like-for-like sales growth of around 1.7% in a difficult clothing market, particularly over Christmas. Now expect Group adjusted operating profit and adjusted EPS to be below last year, reflecting the guidance by segment set out above. (AB Foods) 

ASR Nederland (ASRNL NA) - Co. has reached an agreement with BOVAG on the full acquisition of all insurance activities of Bovemij N.V. Deal valued at EUR 185mln. (ASR Nederland) 

BNP Paribas (BNP FP) – Co. welcomes the court’s decision about the Sudan case as it allows the bank to pursue the procedure as planned. (Newswires)

Computacenter (CCC LN) - Acquires AgreeYa Solutions for up to USD 120mln. (Newswires) 

Experian (EXPN LN) - Announces the retirement of Chair, Mike Rogers; Board has commenced the process to appoint a successor. (Experian) 

Galp (GALP PL) - Galp and Moeve negotiating to combine downstream activities to form leading European Energy and Mobility platforms. (Galp)

Getlink (GET FP) - December passenger shuttles -3% Y/Y. (Newswires) 

Greggs (GRG LN) - Q4 Trading Update (GBP): Total Sales +7.4% Y/Y; LFL Sales +2.9% Y/Y. FY25 Total Sales 2.15bln (prev. 2.01bln Y/Y). Market conditions remain challenging but outperformance continues with year-on-year gains in market share. Anticipate full year outcome in line with the Board's previous expectations. Looking into 2026 we expect the level of like-for-like cost inflation to be lower than in 2025 and are confident that we can continue to mitigate this whilst retaining our value leadership. We expect consumer confidence to remain a market headwind in the year ahead". (Greggs) 

Henkel AG (HEN3 GY) – The Co. is reportedly interested in the takeover of Olaplex, a company known for its premium hair care products, Bloomberg reports. (Bloomberg) 

Marks & Spencer (MKS LN) - Q3 (GBP): Revenue 4.99bln, +24.2% Y/Y. LFL Food Sales +5.6% Y/Y (exp. +7%). "As we enter 2026, we plan to accelerate the reshaping strategy against the context of an uncertain consumer environment." (Marks & Spencer)

Merck KGaA (MRK GY) – The UK’s MRHA has approved the Co.’s medicine, Ogsiveo, for the treatment of progressing desmoid tumours in adults. (Newswires)

Shell (SHEL LN) - Co. sees 4Q marketing adjusted earnings below 4Q 2024, sees 4Q chemicals & products segment adjusted earnings below break-even; sees 4Q indicative refining margin at USD 14/bbl (vs USD 12/bbl in Q3 2025) sees 4Q upstream output 1.84- 1.94mln BOE/D (vs 1.832mln in Q3 2025). (Shell)

Telefonica (TEF SM) – Millicom International Cellular is interested in purchasing the Co.’s Chilean unit, according to Bloomberg sources. (Bloomberg) 

Tesco (TSCO LN) - Q3 (GBP): UK LFL Sales +3.9% (exp. +4.83%). Guidance: Now expect to deliver FY 25/26 Group adjusted operating profit at the upper end of previously guided range. (Tesco) 

Nestle (NESN SW) initiated with Outperform at Santander 

08 Jan 2026 - 07:15- ForexEU Research- Source: Newsquawk