Additional European Equity News
Boohoo (BOO LN) - Debenhams completes successful refinancing. (Newswires)
Hays (HAS LN) - FY Trading Update: Net Fees 972.4mln (prev. 1.11bln Y/Y); current trading in July and August in-line with views, no significant change to trading momentum from Q4. (Newswires)
Hiscox (HSX LN) - Hiscox Syndicate 33 is targeting a return to growth with 12 % stamp capacity increase for 2026. (Newswires)
Mercedes-Benz (MBG GY)/ BMW (BMW GY) - Mercedes is reportedly in talks to source four-cylinder petrol engines from BMW, with production potentially starting in 2027 at BMW’s Steyr plant. The move comes as Mercedes faces weak sales, political hurdles sourcing from China, and a need to secure combustion units for plug-in hybrids, according to Manager Magazin. (Manager Magazin)
Novonesis (NSISB DC) - Q2 (EUR): Revenue 1.02bln (prev. 978.2mln Y/Y). 2025: Organic sales growth range narrowed to 6-8%. (Newswires)
United Utilities (UU/ LN) - Haweswater aqueduct resilience programme update. Programme is estimated at GBP 3bln, delivered by Cascade Infrastructure.
Watch names - Swiss Watch Exports +6.9% (prev. -5.6%). (Newswires)