Additional European Equity News

Antofagasta (ANTO LN) - Centinela mine supervisory union has accepted contract negotiations in order to avoid strike action. (Newswires)

Cineworld (CINE LN) - Chapter 11 update: proposed restructuring now has support of lenders holding/controlling 99% of legacy facilities. Chapter 11 companies now expect to emerge from Chapter 11 case in July 2023. (Newswires)

Consumers/Retailers - American Eagle (AEO) cut its forecasts. 

Deutsche Boerse (DB1 GY) - To make an all-cash voluntary recommended public takeover offer for SimCorp (SIM DC) at DKK 735/shr. (Newswires). SimCorp closed at DKK 721/shr.

Eni (ENI IM) - Co. and Sonangol are to expand cooperation in decarbonisation and sustainable energy transition areas. (Newswires)

Elekta (EKTAB SS) - Q4 (SEK): Revenue 5.1bln (prev. 4.24bln), adj. EBIT 832mln (prev. 570mln). (Newswires)

FTSE 100 ex-dividend - Coca-Cola (CCH LN), DCC (DCC LN), Imperial Brands (IMB LN), Intertek (ITRK LN), Kingfisher (KGF) and Whitbread (WTB LN) will trade without entitlement to their latest dividend. (Newswires)

GN Store Nord (GN DC) - Successful completion of new and existing shares, raising circa. DKK 2.75bln. (Newswires

Johnson Matthey (JMAT LN) - FY results in-line with expectations, though softer YY. To propose a final dividend of GBP 0.55/shr. (Newswires)

LSE (LSEG LN) - CFO Manz to step down at the end of her 12-month notice period in May 2024. (Newswires)

Orpea (ORP FP) - Court has extended the accelerate safeguard procedure by a two-month period, to allow for its restructuring. (Newswires)

Stora Enso (STERV FH) - Issues EUR 1bln of green bonds. (Newswires)

Sopra Steria (SOPR FP) - Update on regulatory clearance progress re. Ordina's offer for Co.: determined that offer/transaction do not fall in scope of relevant FDI legislation. Anticipate offer will close in H2-2023. (Newswires)

Tate & Lyle (TATE LN) - FY (GBP): adj. EPS 0.493 (exp. 0.48), Revenue 1.75bln (exp. 1.76bln), adj. PBT 253mln (exp. 244mln). (Newswires)

United Utilities (UU/ LN) - FY (GBP): adj. EPS -0.013 (exp. -0.04339), Revenue 1.82bln (exp. 1.83bln), Operating Profit 441mln. Recommend a final dividend of 0.3034/shr (exp. 0.4568/shr). (Newswires)

Wendel (MF FP) - Appoints Drillaud as CFO. (Newswires)

Fortum (FORTUM FH) upgraded to Buy from Hold at Kepler Cheuvreux

25 May 2023 - 07:10- EquitiesResearch Sheet- Source: Newsquawk

EquitiesEuropeAntofagasta PLCFTSE 100 IndexMaterials (Group)Metals & MiningCopperCommoditiesORP.FPANTO.LNCINE.LNAEO.USDB1.GYSIM.DCENI.IMEKTAB.SSCCH.LNDCC.LNITRK.LNWTB.LNGN.DCJMAT.LNSTERV.FHTATE.LNMF.FPMetalsGermanyUnited KingdomGBPCineworld Group PLCANTOITRKUnited Utilities Group PLCUU.LNWendel SADeutsche BoerseCoca-Cola Co/TheCCHDCCIMBIntertek Group PLCSopra Group SAKingfisher PLCKGFWhitbread PLCWTBJohnson Matthey PLCLSEGManz AGOrpeaUSD/SEKEni SpADB1Capital MarketsFinancial ServicesIntegrated Oil & GasOil, Gas & Consumable FuelsDeutsche Boerse AGFinancial Exchanges & DataEURO STOXX 50DAX 40 IndexDKKAsian SessionEU SessionHighlightedResearch SheetDenmarkEUR

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