Additional European Equity News
Assa Abloy (ASSAB SS) - Q1 (SEK): EBIT 5.65bln (exp. 4.81bln), Revenue 37.9bln (exp. 37.6bln). (Newswires)
Babcock (BAB LN) - FY25 Trading Update: Strong underlying op. profit and cash flow performance. (Newswires)
Croda (CRDA LN) - Q1 Revenue +8% Y/Y. 2025 outlook unchanged. (Newswires)
Fresnillo (FRES LN) - Production Report: Q1 gold production +10.8% Y/Y, -23.5% Q/Q, Q1 silver production -9.7% Q/Q, 2026 and 2027 expected production unchanged, Co. says it has started 2025 in line with expectations
Reckitt (RKT LN) - Q1 Trading Update (GBP): Revenue 3.68bln (exp. 3.69bln), LFL Sales +1.1% (exp. +1.78%). Limited imports from China into US. In H2, growth is exp. to be more balanced across all three areas with North America returning to growth. (Newswires)
THG (THG LN) - Confirms it received and rejected a wholly unsolicited, largely unfunded proposal from Selkirk to acquire MyProtein. (Newswires)
Valmet (VLMT FH) - Q1 (EUR): Net Revenue 1.18bln (exp. 1.23bln). (Newswires)
Bunzl (BNZL LN) downgraded to Hold from Buy at Stifel
Boohoo (BOO LN) upgraded to Hold from Sell at Shore Capital
Elisa (ELISA FH) downgraded to Hold from Buy at Kepler
Sainsbury's (SBRY LN) downgraded to Hold from Buy at Kepler
Telenor (TEL NO) downgraded to Sell from Hold at DNB Markets
Vodafone (VOD LN) downgraded to Underweight from Neutral at JP Morgan
23 Apr 2025 - 07:03- MetalsEU Research- Source: Newsquawk
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