Additional European Equity News

Diageo (DGE LN) - Diageo is considering selling its Chinese assets as part of the company’s aim to streamline operations. The Co. is working with big investment banks like Goldman Sachs and UBS to sell its 63% stake in Shanghai-listed Sichuan Swellfun Co. (Diageo) 

Games Workshop (GAW LN) - Co. lifts total 2025/26 dividend by GBP 1.10/shr. (Games Workshop)

Hexagon (HEXAB SS) - Enrique Patrickson appointed as new Chief Financial Officer of Hexagon. (Hexagon)

Persimmon (PSN LN) - Q4 Trading Update: Homes completed 11.9k (exp. 12k). Performed ahead of market expectations, and we expect to report underlying profit before tax at the upper end of market expectations. Outlook: “We entered 2026 with a robust order book. While we are not expecting any material improvement in market conditions this year, early indications from our Boxing Day marketing campaign are encouraging”. (Permission)

Page (PAGE LN) - Q4 Trading Update: Gross Profit 190.7mln, -4.6% Y/Y. (Page) 

Rentokil (RTO LN) - Rentokil Initial appoints Mike Duffy as Chief Executive. (Rentokil)

Renault (RNO FP) - Presentation: Targets doubling rev. per vehcile; reproted 2025 international sales +11% Y/Y. (Newswires) 

Rasberry Pi (RPI LN) - FY Trading Update: Expects Adjusted FY2025 EBITDA to be ahead of market consensus forecasts, at not less than USD45mln, up over 20% on FY2024. (Rasberry Pi)

THG (THG LN) - Q4 Trading Statement: Total Revenue 527.4mln, +3.9% Y/Y. CEO: "We enter the new year with strong trading momentum and a clear focus on continuing to deliver quality, value and newness for our customers." (THG) 

Whitbread (WTB LN) - Q3 (GBP): Total Sales Growth 2% Y/Y; LFL Sales Growth 3% Y/Y. Confirms 2026 guidance. Notes of increased cost efficiencies of GBP 75- 80mlb, (prev. GBP 65-70mln) across labour, technology and procurement. "We remain confident in the full year outlook". (Whitbread)

BAE Systems (BAE/ LN) downgraded to Hold from Buy at Deutsche Bank

Haleon (HLN LN) downgraded to Sell from Hold at Deutsche Bank

Danone (BN FP) downgraded to Sell from Hold at Deutsche Bank

Telia (TELIA SS) downgraded to Neutral from Buy at UBS 

Deutsche Bank downgrades European stocks against US stocks

13 Jan 2026 - 07:45- EquitiesEU Research- Source: Newsquawk