Additional European Equity News

Atlas Copco (ATCOA SS) - Co. expects that customer activity is to remain stable. Confirms outlook. (Newswires)

Allianz (ALV GY) – Allianz Partners intends to cut between 1.5-1.8k jobs, via Suddeutsche Zeitung, citing sources. AI will instead by used to respond to simple enquiries. (SZ)

AstraZeneca (AZN LN) - Imfinzi has been approved in the US for early gastric cancer. (Newswires) 

EssilorLuxottica (EL FP) - Co. raises its stake in Nikon (7731 JT) to 12.95% (prev. 11.84%). (Newswires) 

Elekta (EKTAB SS) - Q2 (SEK): Adjusted EBIT 411mln (exp 382mln). Co. reiterates FY 2025/26 outlook. Co expects continuous negative impacts on earnings from FX and tariffs. Sales in China are expected to start recovering during the second half of 2025-26. (Newswires) 

Intertek (ITK LN) -  Co. it has acquired Professional Testing Laboratory, a leading provider of high-quality testing services for the flooring industry, based in the USA. (Intertek) 

SAP (SAP GY) - Co. was sued in Dallas federal court by o9 Solutions, which alleged three former executives stole trade secrets involving the design, implementation and testing of its supply-chain management software, Bloomberg reports. O9, backed by KKR & Co. (KKR) and General Atlantic, was valued at USD 3.7bln in 2023. (Bloomberg

UBS (UBSG SW) - Handelsblatt reported that UBS credit funds could face a 10% write-down after First Brands’ bankruptcy. (Handelsblatt)

WPP (WPP LN) - According to indicative results from FTSE Russell, WPP is set to fall out the FTSE 100. (Newswires) 

26 Nov 2025 - 07:15- EquitiesEU Research- Source: Newsquawk