Additional European Equity News
Berkeley (BKG LN) - Q1 (GBP): Revenue 2.49bln (exp. 2.49bln). Secures 75% of sales for FY26 and targets GBP 450mln pre-tax profit for FY26. Pretax profit guidance for FY27 likely to be similar to FY26. Chairman Michael Dobson will step down at the AGM on September 5th; CEO Rob Perrins will become executive chair, and CFO Richard Stearn will be promoted to CEO. (Newswires)
Equinor (EQNR NO) - Johan Castberg is producing at full capacity. The ambition is to increase the reserves.
GSK (GSK LN) - Arexvy filed in Japan for 18-49 at increased risk. (Newswires)
European indices - Bloomberg Poll, Indices at end-2025: Euro Stoxx 50 seen at 5,439 (last 5,197.03); DAX 40 seen at 23,488 (last 23,057.38); FTSE 100 8,773 (last 8,791.80)
Frasers (FRAS LN) reinstated with Equal Weight at Barclays
TUI (TUI GY) upgraded to Overweight from Underweight at Barclays
20 Jun 2025 - 07:00- EquitiesEU Research- Source: Newsquawk
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