Additional European Equity News

Aena (AENA SM) - Needs investment to increase capacity at as many as 10 Spanish airports, work could be valued in excess of EUR 10bln. (Cinco Dias)

ArcelorMittal (MT NA) - Co's Canadian long-product unit is laying off 153 workers as part of restructuring. (Newswires)

BE Semiconductor (BESI NA) - Investor Day: increases financial targets, raises long-term revenue forecast to EUR 1.5-1.9bln, operating margin 40-55%, gross margin 64-68%. (Newswires)

Credit Agricole (ACA FP) - Acquires Petis-Fils from Clariane for EUR 345mln. (Newswires)

Crest Nicholson (CRST LN) - H1 (GBP): Revenue 249mln (prev. 257mln), adj. Operating Profit 12mln. FY guidance remains unchanged. The market is beginning to benefit from increased lender support and improved mortgage affordability. (Newswires)

Defence Names - The Pentagon is reviewing the Biden-era AUKUS pact with Australia and the UK to develop nuclear-powered submarines, assessing its alignment with the Trump administration’s "America First" agenda. The review aims to shift collective defence burdens to allies and ensure the US maintains sufficient warships. (Newswires)

Deutsche Bank (DBK GY) - CEO: mid-cap firms are now showing a positive mindset to invest, deals have been delayed by not cancelled. Can attain the 10% RoTE goal, expect FIC unit to be up low-single-digit in Q2. At the beginning of 2025, believed that origination and advisory would grow at a higher pace, will have a weaker Q2 than thought. Believe Q2 loan loss provisions will be modestly below Q1. (Newswires)

Deutsche Telekom (DTE GY) - Partnering with Unikie to scale automated driving in logistics. (Newswires)

FTSE 100 ex-dividend: Intermediate Capital (ICG LN), JD Sports (JD/ LN), Land Securities (LAND LN) & Scottish Mortgage Investment Trust (SMT LN) will trade ex-dividend. (Newswires)

Glencore (GLEN LN) - Declared force majeure on some deliveries of cobalt from the DRC, via Reuters citing sources. (Newswires)

Halma (HLMA LN) - FY (GBP): Revenue 2.24bln (exp. 2.2bln), adj. PBT 459mn (exp. 439mln). Positive start to Fy26, strong order book and order intake ahead Y/Y. (Newswires)

Hexagon (HEXAB SS) - To acquire Aero Photo Europe Investigation. (Newswires)

Iberdrola (IBE SM) - Avangrid announced the Camino Solar Project has begun commercial operation. (Newswires)

Leonardo (LDO IM) - Airbus (AIR FP) awarded the Co. production of the rear fuselage of A220 craft. (Newswires)

Novartis (NOVN SW) - Fabhalta shows statistically significant and clinically meaningful improvements in hemoglobin in new population of patients with PNH. (Novartis)

Pod (POD LN) - Co. announces the share suspension will be lifted around June 17th, with potential for a significantly expanded relationship with Tesco (TSCO LN). (Newswires)

Prosus (PRX NA) - Expects core EPS to increase 52.9-63.2% on an annual basis. (Newswires)

Reckitt (RKT LN) - Co. is in exclusive talks with Advent International over the sale of the Essential Home unit, via Reuters citing sources. (Newswires)

Revolution Beauty (REVB LN) - Board confirms it has received proposals from a number of parties, which the Board, together with its financial adviser, is currently evaluating. Co. continues positive engagement with its shareholders, including in respect of an equity raise, and is making encouraging progress on its cost structure and go to market strategy. (Newswires)

Segro (SGRO LN) - Appoints Susanne Schroeter-Crossan as CFO, as of December 1st. (Newswires)

Tesco (TSCO LN) - Q1 Trading Statement: UK LFL Sales 5.1% (exp. 3.9%), Group LFL Sales 4.6%. Guidance reiterated. Co. notes the market remains "intensely competitive", looking at targeted price investments in the context of increased competitive pressure within central Europe. (Newswires)

TotalEnergies (TTE FP) - Co. is to collaborate with Mistral AI. (Newswires)

12 Jun 2025 - 07:05- EquitiesEU Research- Source: Newsquawk