Additional European Equity News
Boohoo (BOO LN) - Appoints Tim Morris as independent chair, effective immediately. Elsewhere, Frasers (FRAS LN) urges for the appointment of Ashley and Lennon as Boohoo directors. (Newswires)
CMC (CMCX LN) - H1 (GBP): Trading net rev. 131.3mln, +50% Y/Y. Interim dividend 3.10/shr.
Close Brothers (CBG LN) - Trading statement: Remain confident CET1 ratio will be between 14-15% at end-2025. Maintains 2025 guidance. Anticipates some financial impact from measures taken in response to the court judgement. (Newswires)
JD Sports (JD/ LN) - Q3 Trading Update (GBP): Organic sales growth +5.4% in Q3, LFL Sales -0.3%. Expects FY PBT at lower end of 955-1035mln range. (Newswires)
Halma (HLMA LN) - HY (GBP): Well placed to deliver existing guidance for 2025. Proposes 7% increase in interim dividend to 9p/shr. (Newswires)
IDS (IDS LN) - H1 (GBP): Revenue 6.34bln (prev. 5.86bln Y/Y), EBIT 61mln (prev. 169mln Y/Y). In GLS, macro environment across Europe remains challenging. Expected that recommended offer by EP UK Bidco will become or be declared unconditional in Q1'25. Changes to National Insurance will have a material negative impact in FY 25-26. (Newswires)
Italian telecoms - Italy's telco association is calling for a review of regulations for low-orbit satellite broadbrand operators to ensure they face the same rules as other telecom companies, via Reuters. (Reuters)
Novartis (NOVN SW) - CEO says it is taking longer than expected to get Pluvicto into the community oncology setting. (Newswires)
UK Motor Insurance - FCA proposed to extend the time firms have to handle complaints re. motor finance commission. (Newswires)
Volkswagen (VOW3 GY) - IG Metall says, on Wednesday, they presented a plan to solve the issues without plant closures and mass layoffs. Beleive a solution is possible before Christmas. (Newswires)
Zalando (ZAL GY) - Zeos becomes the fulfilment partner of choice for British Fashion Retailer next in continental Europe. (Newswires)
21 Nov 2024 - 07:10- EquitiesResearch Sheet- Source: Newsquawk
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