Additional European Equity News
AstraZeneca (AZN LN) - Voydeya (danicopan) granted first-ever regulatory approval in Japan for adults with PNH to be used in combination with C5 inhibitor therapy. (AstraZeneca)
Deliveroo (ROO LN) - FY23 (GBP): Revenue 2.03bln (exp. 2.043bln), Revenue impacted by mix shift in marketing and targeted investment in consumer value proposition. FY23 GTV in-line with guidance and adj. EBITDA slightly ahead. Adj. EBITDA be slightly above GBP 60-80mln. Q4'23 growth remains resilient and improving trend in orders. (Newswires)
Nexi (NEXI IM) - Co. and Worldline (WLN FP) are said to be competing for the merchant operations of Cassa Centrale Banca in a deal valued between EUR 150-200mln. (Newswires)
Peab (PEABB SS) - FY (SEK) Net sales 58.82bln (prev. 63.14bln). Adjusting operations to decline in housing market. Orders recevied 45.11bln (prev. 53.26bln). Co. notes a total of SEK 525mln in costs for provisions, writedowns, and restructuring in Q4. Says housing markets are expected to continue to contract while civil engineering markets are expected to remain stable. (Newswires)
Siemens (SIE GY) - Siemens Mobility has delivered its first trains to OBB with an order worth over EUR 800mln. (Newswires)
Telecom Italia (TIT IM) - TIM top investor Vivendi (VIV FP) is considering presenting a list of board candidates, according to Il Messagerro. (Newswires)
ABN Amro (ABN NA) reiterated with Equal Weight at Morgan Stanley
ASML (ASML NA) reiterated with Overweight at Morgan Stanley
Aviva (AV/ LN) reiterated with Overweight at JP Morgan
Barratt Developments (BKG LN) reiterated with Equal Weight at Morgan Stanley
Berkely (BKG LN) reiterated with Underweight at Morgan Stanley
Deutsche Boerse (DB1 GY) reiterated with Neutral at JP Morgan
Elis (ELIS FP) assumed with Buy at Stifel
Elia (ELI BB) initiated with Underperform at Oddo
Elior (ELIOR FP) upgraded to Hold from Sell at Kepler
Julius Baer (BAER SW) reiterated with Overweight at Morgan Stanley
Fresnillo (FRES LN) reiterated with Neutral at Morgan Stanley
Fabege (FAB SS) upgraded to Buy from Hold at Kepler
Forvia (EO FP) downgraded to Hold from Buy at Kepler
M&G (MNG LN) reiterated with Neutral at JP Morgan
Melrose (MRO LN) reiterated with Overweight at Morgan Stanley
Schneider Electric (SU FP) upgraded to Buy from Hold at Redburn Atlantic
Taylor Wimpey (TW/ LN) reiterated with Equal Weight at Morgan Stanley
Valeo (FR FP) downgraded to Reduce from Hold at Kepler
Watches of Switzerland (WOSG LN) downgraded to Hold from Buy at SocGen
19 Jan 2024 - 07:56- EquitiesResearch Sheet- Source: Newsquawk
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