Additional European Equity News

Berkeley (BKG LN) - Trading Update: Re-affirms earnings guidance. Profits for current year are expected to be split evenly between H1 and H2. Net Cash at 31 oct 2023 will be around GBP 325mln. Pricing remains resilient and above our business plan levels. Build cost inflation is at negligible levels when measured across our portfolio. Not acquired any land in period and invest selectively. (Newswires) 

Casino (CO FP) – Euronext announces that the Co. will be excluded from France’s SBF-120 index as of September 18th. (Newswires)

Computacenter (CCC LN) - H1 (GBP): Adj. prextax 121.8mln. (Newswires) 

Flight Names - CMA issues provisional determination in Heathrow Airport appeals. (Newswires) 

Restaurant Group (RTN LN) - Chairman Ken Hanna has informed Co. of his intention not seek re-election, will remain in his position until successor appointed. (Newswires)

Stellantis (STLAM IM/STLAP FP) – Lancia confirms its return to the French market, in H2 2024. (Newswires)

ThyssenKrupp (TKA GY) - Steel CEO Osburg said that he would be open to discussions with Kretinsky re. him investing in the business. (WAZ)

BMW (BMW GY) reiterated with Hold at Berenberg 

Barry Callebaut (BARN SW) reiterated with Outperform at Credit Suisse

Mercedes (MBG GY) reiterated with Buy at Berenberg 

Porsche (POR3 GY) reiterated with Buy at Berenberg 

Renault (RNO FP) reiterated with Buy at Berenberg 

08 Sep 2023 - 07:10- EquitiesResearch Sheet- Source: Newsquawk

Automobiles & ComponentsAutomobile ManufacturersAutomobilesEquitiesEuropeRenault SAGermanyFranceComputacenter PLCRestaurant Group PLC/TheThyssenKrupp AGEURO STOXX 50Consumer Durables & ApparelHousehold DurablesHomebuildingBerkeley Group Holdings PLCBayerische Motoren Werke AGUnited KingdomBKG.LNCO.FPCCC.LNRTN.LNTKA.GYBMW.GYRNO.FPDAX 40 IndexCasino Guichard Perrachon SAMBGCredit Suisse Group AGBarry Callebaut AGBMWSteel ManufacturingRNOSTLAMChairmanCMACCC SAInflationBKGMercedes Benz Group AGStellantis NVMaterials (Group)Diversified BanksComerica IncBanks (Group)BanksMetals & MiningFTSE 100 IndexS&P 500 IndexCAC 40 IndexGBPEU SessionResearch SheetHighlightedAsian SessionNetherlands

Subscribe Now to Newsquawk

Click here for a 1 week free trial

Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include: