Additional European Equity News

BBVA (BBVA SM) - Agreed to undertake a second round of the share buyback programme, up to EUR 1bln. (Newswires)

Computacenter (CCC LN) - FY21 (GBP): Revenue 6.73bln (prev. 5.44bln Y/Y). Adj. pretax GBP 255.6mln (prev. 200.5mln). (Newswires) 

Fevertree (FEVR LN) - FY21 (GBP): Revenue 311mln (prev. 252mln) Adj. EBITDA 63mln (prev. 57mln). (Newswires) 

Mediaset Espana (TL5 SM) - Spanish regulator is to reportedly lift trading halt. (Newswires) 

Restaurant Group (RTN LN) – FY21 (GBP): Revenue 636mln (exp. 617mln), adj. EBITDA 81mln (exp. 80mln), Pretax -32.9mln (exp. -8mln). Making good progress against strategic priorities, current FY22 expectations remain unchanged. Mindful about the inflationary impacts of Ukraine, no direct exposure to Ukraine or Russia; remains too early to assess the impact on supply chain costs from this. (Restaurant Group)

Shell (SHEL LN) - Co. is said to be one of the final bidders to acquire India's Sprng Energy in a deal that could be valued at around USD 2bln including debt, according to Bloomberg sources. (Newswires)

Stellantis (STLA IM/FP) - To slow production at the Melfi, Italy plant amid a worsening in the chip situation following Russia-Ukraine. (Newswires)

Traton (8TRA GY) - To invest a total of EUR 2.6bln in e-mobility R&D by 2026. (Newswires)

Ubisoft (UBI FP) - Microsoft (MSFT), Sony (SONY) - Elden Ring is Europe's biggest new games IP since 2016, biggest game launch since Call of Duty: Vanguard last year. The game sold best on PC (44% of total sales), then PS5 (27%), Xbox (16%), PS4 (13%). (Games Industry Biz)

Ahold Delhaize (AD NA) upgraded to Buy from Hold at Kepler Cheuvreux 

16 Mar 2022 - 07:45- EnergyResearch Sheet- Source: Newsquawk

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