Additional European Equity News

Alstom (ALO FP) - Co. and DT infrastructure awarded EUR 1bln contract for Perth high signalling project. (Newswires) 

Bankinter (BKT SM) - Q2 (EUR): NII 583mln (exp. 577mln), Net Profit 273mln (exp. 265mln). (Newswires) 

Darktrace (DARK LN) - Q4 Trading Update: Expects FY24 revenue of at lest USD 689.5mln. (Newswires) 

Diploma (DPLM LN) - Q3 Trading Update: FY outlook positive and unchanged. Revenue YTD +13% Y/Y. (Newswires) 

Evoke (EVOK LN) - H1 Trading Update: UK Online HY Revenue +3% Y/Y; UK Retail -8% Y/Y. (Newswires) 

Eurofins (ERF FP) - UK CMA says start of CMA merger investigation into anticipated acquisition by Eurofins of Cellmark. (Newswires)  

Frasers (FRAS LN) - For FY25, expects to achieve another strong increase in APBT in range of GBP 575-625mln. Board has decided not to pay a final dividend in relation to FY24.  (Newswires) 

Fortum (FORTUM FH) - To sell its recycling and waste business to Summa Equity for approx. EUR 800mln. (Newswires) 

Getinge (GETIB SS) - Q2 (SEK): Adj. EBITDA 981mln (exp. 753mln), Adj. EPS 2.29 (exp. 1.67). (Newswires) 

IDS (IDS LN) - Q1 Trading Update: Trading in line with expectations. +11% total parcel volumes. Confirms outlook. (Newswires) 

National Grid (NG/ LN) - OFGEM initial cost of equity range set at 4.57-6.35%; to engage with OFGEM and stakeholders. (Newswires) 

SSE (SSE LN) - Q1 Trading Update: Reiterates 2024 outlook. Remains on track to meet 2027 growth target. (Newswires) 

DWS (DWS GY) downgraded to Equal Weight from Overweight at Morgan Stanley 

Schroders (SDR LN) upgraded to Overweight from Equal Weight at Morgan Stanley 

18 Jul 2024 - 07:04- ForexResearch Sheet- Source: Newsquawk