Additional European Equity News
Hays (HAS LN) - Q1 trading statement: net fees -8% Y/Y on a like-for-like basis, expect near term conditions to remain challenging through FY26, no material working-day impacts anticipated in H1 26 or FY26. (Hays)
Stellantis (STLAM IM/STLAP FP) - Q3 estimated shipments of 1.3mln units, +13% Y/Y. Primarily driven by N. America (+35%); an increase that reflects the "benefits of normalized inventory dynamics, in comparison to the prior year’s inventory reduction initiative, which temporarily reduced production.". (Stellantis)
Volkswagen (VOW3 GY) - Co. has reportedly made further progress on its market share for EVs within Europe, via Deraktionaer citing DPA. (Deraktionaer)
Weight loss drugs - Bill Gates and Pan American Health Organization are looking at ways to make weight-loss drugs more affordable and accessible for individuals in lower-income countries, according to Reuters. (Reuters)
Norsk Hydro (NHY NO) downgraded to Equal Weight from Overweight at Barclays