Additional European Equity News

Axa (CS FP) - Invests USD 15mln into Repronovo to address women's health. (Newswires) 

Curry's (CURY LN) - FY (GBP): Adj. Pretax Profit 162mln (exp. 159.2mln). Raises FY Outlook: Adj. PBT expected to be around GBP 162mln (prev. guided 160mln). (Newswires) 

Deutsche Bank (DBK GY) - Deka Asset Management says Deutsche Bank must finally deliver a higher share of profits from stable business area. (Newswires) 

Ferrovial (FER SM) - To pay scrip dividend of EUR 0.3182/shr from June 25. (Newswires) 

JD Sports (JD/ LN) - FY25 (GBP): EPS 12.4p (exp. 12.24p, prev. 12.8p Y/Y), Revenue 11.5bln (exp. 11.55bln, prev. 10.4bln Y/Y). Notes that Q1'26 trading has been in line with expectations in a volatile market. Announces a GBP 100mln share buyback programme. Over medium term will grow organic rev. ahead of market, exp. to be around 2-3%/annum. Modelled impact of tariffs on group and it is not considered to be material. (Newswires) 

Marks & Spencer (MKS LN) - FY (GBP): PBT 875.5mln (exp. 831.8mln), Adj. Op. Profit 984.5mln (exp. 951.3mln), Revenue 13.81bln (exp. 13.76bln). Cyber Incident: Expects impact of around GBP 300mln on 2025/26 Op. Profit, before cost of mitigation. Increasing capital investment in 2025/26 to 600-650mln. FY dividend increased by 20% to 3.6p. CEO says plan is to reopen online in the coming weeks. (Newswires) 

LVMH (MC FP) - Dior to pay EUR 2mln in damages over 5 years to close labour exploitation probe. (Newswires) 

RS (RS1 LN) - FY (GBP): Revenue 2.9bln (exp. 2.9bln), Adj. EPS 0.391 (exp. 0.38). Confident to deliver medium-term financial targets of growing rev. at twice the market. (Newswires) 

Severn Trent (SVT LN) - FY (GBP): Revenue 2.43bln (exp. 2.39bln). Earnings outlook of adj. EPS doubling between 2025-2028. (Newswires) 

SSE (SSE LN) - FY24/25 (GBP): Adj. Pretax 2.14bln (exp. 2.09bln). Reduces five-year investment expectations by GBP 3bln. (Newswires) 

21 May 2025 - 07:12- ForexEU Research- Source: Newsquawk