Additional European Equity News

BAE Systems (BA/ LN) - Q3 Trading Update (GBP): In 2025 have secured orders of more than GBP 27bln. Positive momentum intake with more than GBP 27bln secured so far and further agreement anticipated before the end of the year. FY guidance confirmed. (BAE Systems) 

Edenred (EDEN FP) - Co. sees FY26 organic EBITDA decline between 8-12% notes financial impact of new regulatory framework for mean and food vouchers in Brazil. (Newswires)

Evotec (EVT GY) - Co. has received its USD 5mln milestone payment from Bristol Myers Squibb (BMY) following the FDA approval of its industrial application. (Evotec)

Experian (EXPN LN) - H1 (USD): Revenue 4.06bln (exp. 4.01bln), pretax profit 0.98bln (exp. 1.042bln), sees FY26 revenue growth at the top end of its guidance range. (Experian)

Iberdrola (IBE SM) - Fitch affirms the co. at ‘BBB+’, with outlook stable. (Newswires)

LEG Immobilien (LEG GY) - 9M (EUR): Adj. EBITDA 545mln (prev. 492mln Y/Y), AFFO 181mln (prev. 152mln Y/Y), reaffirms FY25 adj. EBITDA margin. (LEG Immobilien)

Marks & Spencer (MKS LN) - Co. is revamping its supply chain from “factory to floor”. (Newswires)

SSE (SSE LN) - H1 (GBP): Operating profit 655mln (prev. 860.2mln Y/Y), adj. EPS 0.36 (prev. 0.51 Y/Y), confirms FY25 performance expectations. To add, the Co. is planning to raise GBP 2bln via equity issue for GBP 33bln 5-year investment plan. (SSE)

Taylor Wimpey (TW/ LN) - Trading update: Continues to experience softer market conditions in the second half of the year, expected to deliver on FY25 guidance. (Taylor Wimpey)  

TotalEnergies (TTE FP) - Co. to supply renewable power to Google’s (GOOGL) data centers for 15 years with a total of 1.5TWH from its Montpelier solar farm in Ohio. (TotalEnergies)

Euronext (ENX FP) upgraded to Neutral from Sell at Goldman Sachs

Hiscox (HSX LN) downgraded to Underperform from Buy at Jefferies  

Legrand (LR FP) upgraded to Buy from Hold at Kepler Cheuvreux

12 Nov 2025 - 07:05- ForexEU Research- Source: Newsquawk