Additional European Equity News
Burberry (BRBY LN) - Q3 (GBP): Retail Sales 706mln (exp. 717mln), Comp Sales -4% (exp. +1%), now expect FY results to be below prior guidance. "The slowdown in luxury demand is having an impact on current trading." Expects FX headwinds of around GBP 120mln on revenue and around GBP 60mln on adjusted operating profit. (Burberry)
John Wood (WG LN) - FY23 Trading Update (GBP): Revenue 6bln, +9% Y/Y. (Newswires)
Metro Bank (MTRO LN) - CFO Hopkinson to step down, effective immediately. (Newswires)
Skanska (SKAB SS) - Upgrades waterfront facility in Eastern USA for USD 128mln, about SEK 1.3bln. (Newswires)
Vistry (VTY LN) - FY23 Trading Update: Adj. PBT "in line with prior year at GBP 418mln." (Newswires)
Vinci (DG FP) - Receives EUR 200mln contract to build electric infrastructure in Senegal
ams OSRAM (AMS SW) upgraded to Outperform from Market Perform at Bernstein
Axfood (AXFO SS) downgraded to Sell from Hold at Danske Bank
Prosus (PRX NA) initiated with Buy at Redburn Atlantic
Rational (RAA GY) downgraded to Hold from Buy at Hauck & Aufhaser
Sainsbury's (SBRY LN) initiated with Buy at Kepler
Suedzucker (SZU GY) downgraded to Sell from Buy at Warburg Research
12 Jan 2024 - 07:07- EquitiesEU Research- Source: Newsquawk
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