Additional European Equity News

ASML (ASML NA) - SK Hynix (000660 SK) is investing around KRW 11.95trln (c. EUR 6.9bln) over two years through 2027 to acquire additional EUV lithography equipment from ASML, aiming to expand advanced memory production—particularly HBM and next-generation DRAM—amid rising AI-driven demand. (The Chosun Daily) 

Abivax (ABVX FP) - FY (EUR): Revenue 4.6mln (exp. 6.1mln), EBIT -246.1mln (exp. -222mln), Net Income -336.1mln (exp. -266.7mln). (Abivax) 

Bellway (BWY LN) - HY 2025 (GBP): Total House Completion, +2.7% Y/Y. Underlying Op. Profit 159mln, +1.5%, Interim dividend 23p/shr (prev. 21p/shr). CEO: "Bellway has delivered a robust first half performance in a challenging market. While our industry continues to face several headwinds, we have seen an improvement in customer demand and reservations since the start of the new calendar year. At this stage, the situation in the Middle East has not had a material impact on trading and, supported by our forward order book, we are on track to deliver FY26 underlying operating profit within the range of GBP 320-330mln". (Bellway)

Exor (EXO NA) - FY 2025 (EUR): Net Assets 33.2bln (exp. 34.16bln). Proposed dividend of EUR 0.49 per share. (Exor) 

Evonik (EVK GY) - Co. launches an innovation factory. The Evonik Innovation Factory operates as an entrepreneurial development unit, accelerating the transition of technological breakthroughs into industrial applications. As the successor to Creavis, it has a clear mandate: innovation with speed, market focus, and application relevance. (Evonik) 

Fevertree (FEVR LN) - FY 2025 (GBP): Total Adj. Revenue 375.3mln (prev. 368.5mln Y/Y), Adj. EBITDA 42.4mln (prev. 50.7mln Y/Y). A further GBP 30mln share buyback is in progress, highlighting our cash generative model. (Fevertree)

Lufthansa (LHA GY) - Co. to suspend several Middle East flights until the fall. (Newswires) 

Kingfisher (KGF LN) - FY 2025 (GBP): Revenue 13bln (exp. 12.9bln), Underlying LFL Sales +1.4% Y/Y. Announcing full year dividend of 12.40p per share. Commencement of new GBP 300m share buyback programme. FY 26/27 guidance: Adjusted PBT of GBP 565-625mln and free cash flow of 450-510mln. (Kingfisher) 

Siemens (SIE GY) - Siemens said AI is less of a threat to its software business than for some peers because industrial processes require very high standards and little room for error. Board member Neike said that should support long-term demand for the company’s industrial software and AI products, Bloomberg reports. (Bloomberg)

Coloplast (COLOB DC) upgraded to Buy from Neutral by UBS

Mondi (MNDI LN) initiated with Neutral at Goldman Sachs 

24 Mar 2026 - 07:20- EquitiesEU Research- Source: Newsquawk