Additional European Equity News

Eiffage (FGR FP) - Co-selected for a renovation contract, worth EUR 415mln. (Newswires)

Generali (G IM) - CEO says it is to consider M&A with strategic and financial fit. (Newswires) 

Leonardo (LDO IM) – FY23 (EUR): Adj. Net 747mln (exp. 730mln), EBITA 1.29bln (exp. 1.19bln). Guides initial FY24 Revenue 16.8bln (exp 16.3bln), EBITA 1.44bln (exp. 1.35bln). (Newswires)

Persimmon (PSN LN) – FY23 (GBP): Underlying Op. 354.5mln (prev. 1.01bln Y/Y), Revenue 2.77bln (prev. 3.82bln Y/Y). Started 2024 in-line with expectations. Cuts semi-annual dividend 33% to 40p/shr. (Newswires)

Porsche AG (P911 GY) – FY23 (EUR): Revenue 40.5bln (exp. 40.3bln). Operating profit 7.28bln (exp. 7.20bln). Co. plans four new model launches in 2024. Sees 20204 operating Return on Sales 15-17% (exp. 17.4%). Guides FY Revenue between 40-42bln (prev. 40.5bln Y/Y). (Newswires)

12 Mar 2024 - 07:10- Research Sheet- Source: Newsquawk

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