Additional European Equity News
Bunzl (BNZL LN) - Announces acquisitions in Spain, Brazil, The Netherlands and Canada.
Legal & General (LGEN LN) - H1 (GBP): Net 316mln (prev. 575mln YY), Op 941mln (prev. 958mln YY), Revenue 5.84bln. Board's intention to grow dividend at 5%/yr to FY24. (Newswires)
Jyske Bank (JYSK DC) - H1 (DKK): EPS 37.5 (prev. 24.5 Y Y), Net 2.49bln (prev. 1.69bln YY), Core income 6.5bln (prev. 4.1bln YY). Core income expected to surge in 2023, especially due to acquisition of Handelsbanken Denmark and effect from a higher level of interest rates. Core expenses expected to rise significantly in 2023. (Newswires)
Marks & Spencer (MKS LN) - Q1 Trading Update: LFL Sales +11% YY, LFL clothing & home sales +6% YY. Expects H1 results to show "significant improvement against previous expectations". Adds that there remain considerable uncertainties about the economic outlook, and there is a risk that the consumer market will tighten as the year progresses. (Newswires / Marks & Spencer)
15 Aug 2023 - 07:23- Research Sheet- Source: Newswires
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts