Additional European Equity News

Bunzl (BNZL LN) - Trading Statement: Expects HY Revenue to be 4% higher and Op. Margin around 7%. Actions are underway to improve performance in North America and Continental Europe. (Newswires) 

Credit Agricole (ACA FP) - Indosuez Wealth Management unit to acquire BNP Paribas (BNP FP) Monaco wealth management clients (Newswires)

Diageo (DGE LN) - To sell DiageoOperations Italy, closing exp. by end of year; no terms disclosed. (Newswires) 

Engie (ENGI FP) - Engie CEO said France’s moratorium on new wind and solar projects threatens EUR 5bln of planned renewables investments over the next decade. She called the halt “absurd and a disaster,” warning the stop-start approach hinders the long-term planning essential for the industry, Bloomberg reports. (Bloomberg)

Equinor (EQNR NO) - 200 People evacuated from its Snorre A platform on Monday due to a gas leak; Production shut down, unknown how long it will be shut for. (NRK) - Called to open -8%

Leg Immobilien (LEG GY) - Approx. 1.1mln new shares to be issued by the Co. 38% if Leg shareholders choose Scrip dividend. (Newswires) 

Saga (SAGA LN) - Trading Update: Group trades in line with expectations for first four months. FY Holiday Bookings revenue +14%, Passengers +13%. (Newswires) 

Novo Nordisk (NOVOB DC) - Launched weight loss injectable drug in India. (Newswires) 

Volvo (VOLVB SS) - Acquires Swecon and will pay SEK 7bln; closing of deal in H2'25. Elsewhere, divests SDLG stake for SEK 8bln. Deal exp. to have a positive effect of SEK 1bln on op. income at time of closing. Deal also exp. to have negative tax impact of SEK 1.6bln. (Newswires) 

Alphabet (GOOG) - The UK competition regulator plans to designate Google with "strategic market status," giving it greater control over how Google operates search services, Reuters reports. Proposed measures include easier access to alternative search providers, fairer ranking rules, and more transparency for content publishers. Google warned the process may have significant implications for UK businesses and consumers.

Amazon (AMZN) - Amazon will invest GBP 40bln in the UK over three years, including two new fulfilment centres, delivery stations, London HQ expansion, and the Bray Film Studios redevelopment, Reuters reports. The figure includes part of a previously announced GBP 8bln AWS plan.

Hugo Boss (BOSS GY) downgraded to Add from Buy at Baader Helvea 

24 Jun 2025 - 07:06- EquitiesEU Research- Source: Newsquawk