Additional European Equity News

Assa Abloy (ASSAB SS) - Q3 (SEK): Net 4.03bln (prev. 3.66bln Y/Y), EBIT 6.3bln (prev. 5.8bln Y/Y). (Newswires) 

Barratt Redrow (BTRW LN) - Customer demand continues to be sensitive to the wider economy; starting to see more stable market conditions with increase mortgage available and affordability. (Newswires)

BP (BP/ LN) - LNG trading head Shepard will depart at end-2024. (Newswires)

British Land (BLND LN) - Appointed David Walker as CFO. (Newswires) 

Capgemini (CAP FP) - Jerome Simeon will take on role of Chief Revenue Officer. (Newswires)

Heineken (HEIA NA) – Q3 (EUR): Revenue 7.68bln (exp. 7.78bln), Organic Beer Volume growth 0.7% (exp. 2.0%), Consolidated Volume 70.3MHL (exp. 70.9MHL). (Newswires)

Iberdola (IBE SM) - 9m (EUR): Net Income 5.47bln (prev. 3.54bln Y/Y). (Newswires)

Reckitt Benckiser (RKT LN) - Q3 (GBP): Revenue 3.46bln (prev. 3.6bln Y/Y). LFL rev. -0.5% Y/Y (exp. -1.8%). Affirmed guidance. (Newswires)

Lloyds (LLOY LN) – Q3 (GBP): Net Income 4.34bln (exp. 4.5bln), NII 3.23bln (exp. 3.2bln), NIM 2.95% (exp. 2.93%), PBT 1.82bln (exp. 1.67bln), ROTE 15.2%. Reaffirms FY guidance. (Newswires)

Poste Italiane (PST IM) - If the offer for a stake in the Co. occurs between November 20th and December 10th, then it will reportedly be postponed to 2025, via Corriere Della Sera. (Newswires)

Telecom Italia (TIT IM) - The second hearing of a legal dispute between the Co. and Vivendi (VIV FP) has been postponed by nine days, via Reuters citing sources. (Newswires)

WPP (WPP LN) - Q3 Trading update (GBP): Revenue 2.77bln, +1.4% Y/Y, LFL 4.1% Y/Y. Affirms guidance. North America +1.7%, Western Europe +2.2%, UK flat, China -21.3%. (Newswires) 

23 Oct 2024 - 07:05- EquitiesResearch Sheet- Source: Newsquawk