Additional European Equity News

3i (III LN) - Trading Update: LFL Sales Growth +4%. Outlook: LFL Sales Growth +4-5%, EBITDA Margin maintained at 14.8%. Planning to make another dividend payment to shareholders in the coming weeks. (3i) 

AB Foods (ABF LN) - UK CMA Finds AB Foods-Hovis Antitrust Concerns in Northern Ireland. (Newswires) 

Boliden (BOL SS) - Garpenberg production to resume at 30% capacity until further notice. For the first quarter of 2026, EBITDA will be negatively affected by approximately SEK -400 million at today's prices and terms. (Boliden) 

Currys (CURY LN) - Trading Update: Co. traded in-line with expectations. CEO to step down. (Currys) 

Delivery Hero (DHER GY) - Final FY"5 (EUR): Total Segment Revenue 14.8bln (prev. 12.8bln Y/Y). (Delivery Hero)

Edenred (EDEN FP) - Edenred targeted by antitrust probe in Italy. AGCM suspects Edenred altered electronic voucher terms by removing direct POS integrations in favour of costlier third-party solutions.It is also accused of imposing less favourable conditions, including longer reimbursement periods. (Newsiwres) 

FirstGroup (FGP LN) - Trading Update: Continues to anticipate modest growth in adj. EPS in FY26. (FirstGroup) 

Intertek (ITRK LN) - Colm Deasy, currently Group Chief Financial Officer will move into an operational role as Executive Vice President  Asia Pacific, based in Vietnam and effective 10 April 2026. (Intertek)

H&M (HMB SS) - Q1 2026 (SEK): Op. Profit 1.51bln (exp. 1.39bln), Revenue 49.6bln (exp. 50.5bln), EPS 0.45 (exp. 0.44), Net Income 704mln (exp. 706.6mln); March Sales +1% Y/Y. Board proposes dividend of SEK 7.10/shr (prev. SEK 6.80/shr). Commentary: The quarter began in December with weaker demand following strong Black Friday trading in November.   Towards the end of the quarter our well-received spring collections contributed to a positive sales trend, which also continued into March. (H&M)

Heidelberg Materials (HEI GY) - Co. plans overproportional high dividend increase of 9% to EUR 3.60 per share. (Heidelberg Materials)

Nexi (NEXI IM) - Co. appoints Bernardo Mingrone CEO, replacing Paulo Bertoluzzo

Next (NXT LN) - FY 2025 (GBP): Revenue 7bln (prev. 6.32bln Y/Y), Gross PBT 1.15bln, +14.5% Y/Y, EPS +17% Y/Y. Guidance for full price sales growth in the year ahead maintained at +4.5%. Pre-tax profit guidance increased to GBP 1.21bln, +4.5%. This is GBP 8mln higher than the guidance given in January due to the increase in the base profit. We anticipate returning GBP 500mln of cash to shareholders through share buybacks, special dividends or capital return. Notes that sales in the first eight weeks of the year were encouraging in the UK. Looking forward, we have not yet reached the period of unusually strong UK trading we experienced  last year. (Next) 

Porsche SE (PAH3 GY) - FY 2025 (EUR): Adj. group result after tax 2.89bln (prev. 3.16bln Y/Y), Net Debt 5.09bln (prev. 5.16bln Y/Y). Proposed dividend of EUR 1.51 per preference share  (prev. EUR 1.91 Y/Y). Reduction of dividend mainly due to the expected lower dividend inflow from Volkswagen AG and Porsche AG as well as the planned further reduction in debt in line with the objectives of Porsche SE’s capital allocation strategy.

Playtech (PTEC LN) - FY 2025 (EUR): EPS 0.15 (prev. 0.20 Y/Y), Revenue 763.6mln (prev. 848mln Y/Y), Group expects to deliver FY26 ahead of the current consensus expectations. (Playtech) 

Vinci (DG FP) - Co. signs an agreement with Macquarie Asset Management for the acquisition of nine highway concessions in India. (Vinci) 

Saab (SAABB SS) downgraded to Neutral from Buy at Bank of America

26 Mar 2026 - 07:06- EquitiesEU Research- Source: Newsquawk