Additional European Equity News

BMW (BMW GY) - BMW faces investor scrutiny as China sales fall 14% in Q2, its worst since 2020, amid strong local EV competition led by BYD. The upcoming Munich investor meeting will likely address challenges from worsening China sales and global trade tensions impacting its EV strategy, Bloomberg reports. (Bloomberg)

B&M European (BME LN) - Q1 (GBP): Revenue 1.41bln, +4.4%. UK LFL Sales +1.3%, driven by outdoor ranges. (Newswires) 

Barratt Redrow (BDEV LN) - FY25 Trading Update: Solid performance in challenging market. Anticipates 17.2-7.8k home completions in FY26. Remains confident in medium term ambitions. Now anticipates avg. sale outlets, incl. JVs, will be broadly flat in FY26. (Newswires) 

Experian (EXPN LN) - Q1 Trading Update: Organic Revenue +8% (exp. +6.3%). (Newswires) 

Renault (RNO FP) - Nissan (7201 JT) to brief press at 08:00 BST, follows announcement the company would end production at Oppama plant at the end of fiscal 2027. Renault owns 35.7% of Nissan (Newswires)  

Rio Tinto (RIO LN) - Co. appoints Simon Trott as CEO. (Newswires)

Robert Walters (RWA LN) - Q2 Trading Update: Net Fee Income -13% Y/Y. Says ops in Brazil closed for efficiency in Q2. Continued to see most challenges in Europe. Says there will be no material improvement in hiring markets in the near term. (Newswires) 

NatWest (NWG LN) - Successful disposal of Permanent TSB. (Newswires) 

Partners (PHGN SW) - To exit initial investment in PCI Pharma, and to reinvest in the next stage of growth by acquiring a minority stake. (Newswires) 

Indonesia Coal, Gold - Indonesia, the world’s largest coal exporter, may impose an export levy on coal to increase state revenues, applying only when coal prices are high, its Energy Minister said. A similar levy on gold exports is also under consideration. (Bloomberg) 

ASML (ASML NA) downgraded to Hold from Accumulate at KBC 

Henkel (HEN3 GY) upgraded to Overweight from Equal Weight at Barclays 

L'Oreal (OR FP) downgraded to Underweight from Overweight at Barclays 

Orsted (ORSTED DC) upgraded to Overweight from Equal Weight at Morgan Stanley 

Puig (PUIG SM) downgraded to Equal Weight from Overweight at Morgan Stanley 

15 Jul 2025 - 07:20- EquitiesEU Research- Source: Newsquawk