Additional European Equity News

ABB (ABB SW) - CEO says they are now picking up the pace of acquisitions, looking at small to medium sized deals. (Newswires)

AJ Bell (AJB LN) - FY24 Trading Update (GBP): AuM 6.8bln, +45% Y/Y, AuA 86.5mln, +22% Y/Y. (Newswires) 

Deliveroo (ROO LN) - Q3 Trading Update (GBP): Orders 71.1mln (exp. 71.4mln). Affirms outlook. (Newswires)

Entain (ENT LN) - Q3 Trading Update (GBP): Total NGR +10% Y/Y. Upgrades guidance; EBITA now exp. to be towards 1.04-1.09bln guidance range. (Newswires) 

Rentokil (RTO LN) - Q3 Trading Update (GBP): Revenue 1.38bln, +3.6% Y/Y. Affirms North American Rev. +1% Y/Y. (Newswires)  

Mondi (MNDI LN) - Q3 Trading Update (EUR): Underlying EBITDA 223mln (prev. 261mln Y/Y). (Newswires) 

Merck (MRK GY) - Trading Update (EUR): Affirms FY24 EBITDA 5.8-6.4bln. Mid-term guidance: Annual sales growth of Life Science +7-9%, Organic  sales growth of healthcare division "slight growth". (Newswires) 

Man Group (EMG LN) - Q3 Trading Update (USD): AuM 174.9mln (prev. 178.2bln Q/Q). (Newswires) 

Pernod Ricard (RI FP) - CEO expects group sales within China for FY24/25 to decline more than in the prior year (-10%). Expects the Chinese brandy probe to be at its final stage by end-October. (Newswires)

St. James Place (STJ LN) - Q3 Net Inflows GBP 0.89bln. On track to implement new charging structure by H2'25. Continues to be uncertainty in outlook for customers, savers and investors. (Newswires) 

Vestas (VWS DC) - Announced 137 MW order for two repowering projects in the US. (Newswires) 

ASML (ASML NA) - JPMorgan lowered its PT for the Co. to USD 1148 (prev. 1207). (Newswires)

17 Oct 2024 - 07:15- EquitiesResearch Sheet- Source: Newsquawk