Additional European Equity News
AB Foods (ABF LN) - Trading Update (16-weeks to 3rd Jan): Revenue GBP 6.75bln, +1% Y/Y. Primark: LFL Sales growth -2.7%. (AB Foods)
BAE Systems (BA/ LN)/ Leonardo (LDO IM) – UK Defence Secretary John Healey is set to announce a GBP 453mln investment to fit Typhoon fighter jets with "cutting-edge" radar systems, securing up to 1,300 jobs. Under the new contract both companies will equip the aircraft with state-of-the-art radar systems over the coming years. (Newswires)
Bayer (BAYN GY) – FDA grants orphan drug designation to BlueRock Therapeutics cell therapy OpCT-00. (Bayer)
B&M European (BME LN) - Q3 (GBP): 1.73bln, +2.9% Y/Y. Revises FY26 guidance downwards: EBITDA between 440-460mln (prev. guided 470-520mln). (B&M European)
Computacenter (CCC LN) - FY25 Revenue +32% Y/Y. (Computacenter)
Eni (ENI IM) - Azerbaijan’s state oil and gas company SOCAR has signed an agreement with the Co. to acquire a 10% participating interest in the Baleine offshore oil and gas field in the Ivory Coast. (Eni)
Fresnillo (FRES LN) - Co. announced the completion of the acquisition of Probe by Fresnillo Quebec Acquisition; deal valued at CAD 3.65/shr. (Fresnillo)
Senior (SNR LN) - FY25 (GBP): Now expect full year adjusted profit before tax to be comfortably above previous expectation. (Senior)
Societe Generale (GLE FP) - Co. accelerates the simplification of its organization and the development of skills to strengthen its efficiency. The Group would reduce the net number of positions by 1,800. (Societe Generale) Confirms earlier FT reports