Additional European Equity News

ABN AMRO (ABN NA) – The Dutch state intends to sell part of its stake in the Co., taking its stake to just under 50% (currently 56%). (Newswires) Reminder, the state has not sold any of its stake in the Co. since end-2017.

AkerBP (AKERBP NO) - Q4 2022 (USD): Revenue 3.83bln (prev. 1.85bln Y/Y). Net 112mln (prev. 335mln). Production 432mln BOEPD (prev. 412mln BOEPD). (Newswires)

Carl Zeiss (AFX GY) - Q1 2023 (EUR): Revenue 470.3mln (exp. 453mln). EBIT 60.3mln (prev. 74.4mln Y/Y). EBIT margin 12.8% (prev. 18.1%). (Newswires)

Evotec (EVT GY) - Co. receives a EUR 150mln loan from European Investment Bank. (Evotec)

Roche (ROG SW) -  New phase III data show Roche’s Vabysmo rapidly improved vision and reduced retinal fluid in people with retinal vein occlusion (RVO). (Roche)

Saab (SAABB SS) - Q4 2022 (SEK): Revenue 13.9bln (prev. 11.9bln Y/Y). EBITDA 1.88bln (prev. 1.59bln). Net 1.15bln (prev. 791mln). EBITDA margin 13.6% (prev. 13.3%). (Newswires)

Saga (SAGA LN) – Notes media coverage around a potential sale of Acromas Insurance, confirms that it is in exclusive discussions with Open Insurance Technologies around a potential sale. Discussions are ongoing. (Newswires)

Schibsted (SCH NO) - Q4 2022 (NOK): Revenue 3.99bln (exp. 3.97bln). EBIT 651mln (exp. 576mln). EBITDA marin 16.0% (prev. 16.0%). (Newswires)

UnipolSai (US IM) - FY22 (EUR): Revenue 14.6bln (exp. 14.3bln). Net 596.5mln (prev. 688.5mln Y/Y). Slovency ratio 272% (prev. 286%). Combined ratio 91.0% (92.5% Y/Y). (Newswires)

abrdn (ABDN LN) downgraded to Reduce from Hold at HSBC

ArcelorMittal (MT NA) reiterated with Neutral at JPMorgan Chase

Centrica (CNA LN) reiterated with Overweight at JPMorgan Chase

HelloFresh (HFO GY) downgraded to Underweight from Neutral JPMorgan Chase

Hochtief (HOT GY) downgraded to Hold from Buy at Kepler Cheuvreux

InterContinental Hotels (IHG LN) downgraded to Hold from Buy at Stiefel Nicoluas

Siemens (SIE GY) reiterated with Overweight at JPMorgan Chase

Thule (THULE SS) downgraded to Sell from Hold at Handelsbanken

10 Feb 2023 - 07:34- EquitiesExclusive- Source: Newsquawk

EquitiesJPMorgan Chase & CoUnited StatesNetherlandsUSDEvotec AGInsuranceForexSIE.GYEVT.GYSCH.NONOK.USUS.IMMT.NACNA.LNHOT.GYIHG.LNAFX.GYSAABB.SSInsurance (Group)AEX 25 IndexEuropeSwitzerlandUnited KingdomEURCentrica PLCROGIIIUSD/SEKMediaExclusiveUSD/NOKArcelorMittalMTABNCNAHochtief AGIHGSiemens AGSIEABN.NAABN Amro Bank NVMedia & EntertainmentSteel ManufacturingPharmaceuticals (Group)Pharmaceuticals, Biotechnology & Life SciencesArcelorMittal SABanksDiversified BanksRoche Holding AG3i Group PLCAsset Management & Custody BanksCapital MarketsFinancial ServicesBanks (Group)PharmaceuticalsSEKSwiss Market IndexFTSE 100 IndexSwedenNOKNorwayAsian SessionHighlightedResearch SheetEU SessionLuxembourgData

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