Additional European Equity News

Babcock (BAB LN) - FY (GBP): Adj. EBIT 363mln (exp. 361.3mln), Revenue 4.83bln (prev. 4.39bln Y/Y). Expects to achieve previous medium term target of underlying op. margin of 8% in FY26, at least one year earlier. Announces GBP 200mln share buyback to be executed over FY26. (Newswires) 

Kingspan (KGP LN) - UK CMA mulls whether Kingspan's acquisition of Coverworld Holdings may lessen competition within UK markets. (Newswires) 

FLSmidth (FLS DC) - Commences previously announced share buyback programme of up to DKK 1.4bln. (Newswires) 

Tritax Big Box (BBOX LN) - Acquisition of Warehouse REIT, valued around GBP 485.2mln. Exp. cost synergies of GBP 5.5mln/yr from the deal. Warehouse directors withdraw recommendation for Blackstone offer. (Newswires)