Additional European Equity News

Aixtron (AIXA GY) – Q1 (EUR): Revenue 118.3mln, +53% Y/Y, Profit 43.8mln, +43%. FY guidance confirmed. Q2’24 revenue between 120-140mln. (Newswires)

Bureau Veritas (BVI FP) – Confirms 2024 outlook. Says strong start to the year seen. Expects H2 revenue to be above H1, given stronger comparables in Q2. (Newswires)

Delivery Hero (DHER GY) - Q1 (EUR): Revenue 3.09bln, GMV 11.78bln. (Newswires) Shares +6.1% pre-market. 

Drax (DRAX LN) – Trading Update (GBP): Total dividend for 2024 23.1p (prev. 21p), FY24 expectations for adj. EBITDA in line with estimates. (Newswires)

Getlink (GET FP) - Q1 (EUR): Revenue 391mln, -23% Y/Y. Outlook FY: EBITDA in 2024 between 780-830mln. (Newswires)

Hermes (RMS FP) – Q1 (EUR): Revenue 3.81bln, +17% Y/Y. Chief says saw slightly slower traffic in China. Does not see increase in Chinese travelling abroad. No further price hikes this year. (Newswires)

Hikma (HIK LN) - Trading Update: Co. has had a strong start to 2024, continued momentum across all business. Confirms guidance. (Newswires) 

Indivior (INDV LN) - Q1 (USD): Adj. Net 51mln (exp. 56mln Y/Y), Adj. Op. 70mln (prev. 71mln Y/Y), Revenue 282mln (prev. 253mln Y/Y). (Newswires) 

Inchcape (INCH LN) - Q1 Trading Update: Revenue 2.3bln. (Newswires) 

Lagardere (MMB FP) - Revenue 1.88bln,+12.4%  Y/Y. (Newswires) 

London Stock Exchange (LSEG LN) - Q1 (GBP): Total Income 2.09bln (exp. 2.11bln). (Newswires) 

WPP (WPP LN) – Trading Update Q1 (GBP): LFL Sales -1.6%, Revenue 3.4bln, -1.4% Y/Y. Reiterates 2024 guidance. (Newswires)

Sobi (SOBI SS) – Q1 (SEK): Revenue 6.25bln (exp. 5.63bln), EBIT 1.31bln (exp. 1.21bln). (Newswires)

Travis Perkins (TPK LN) – Trading Update: Revenue -3.7% in Q1. Business continues to gain market share buy with trading volumes remaining subdued. (Newswires)

Repsol (REP SM) – Q1 (EUR): Net Income 969ln, EPS 0.79, EBITDA 2.14bln. (Newswires)

Relx (REL LN) – Trading update: Started the year well across all four business areas. Outlook for FY confirmed. (Newswires)

Schneider Electric (SU FP) – Q1 (EUR): Revenue 8.61bln (exp. 8.57bln). Outlook confirmed. (Newswires)

TietoEvery (TIETO FH) – Q1 performance as anticipated and confirms FY guidance. (Newswires)

Persimmon (PSM LN) – Q1 (GBP) Trading Update: On track to delivery growth in completions between 10-15k this year. (Newswires)

Wizz Air (WIZZ LN) - FY24 Trading Statement: Expects to report Net Income in range of EUR 350-370mln for FY. Trims Net 350-370mln (prev. guidance 350-400mln), Total Revenue expected to be in range of UER 5.05-5.1bln. Trading positively into summer of 2024 with selling load factors and pricing trending higher Y/Y in first two quarters. (Newswires)

25 Apr 2024 - 07:10- Equities- Source: Newswires