Additional European Equity News

Evoke (EVK LN) - Q4 (GBP): Revenue 464mln, +7% Y/Y (-3% in constant currency). FY25 Adjusted EBITDA expected to be in line with market expectations. No forward looking statement as the Co. continues to review strategic operations (as previously announced)

Getinge (GETIB SS) - Q4 (SEK): Adj. EPS 4.45 (prev. 5.28 Y/Y). There’s currently high geopolitical uncertainty however based on underlying demand, Getinge expects organic sales growth of 3–5% in 2026. (Getinge) 

Pirelli (PIRC IM) - Corriere reported that Sinochem proposed a spin-off of the Cyber Tyre business, to overcome US regulations which prohibit the import of vehicles with ties to China and Russia. (Corriere) 

Sage (SGE LN) - Q1'26 (GBP): Total Revenue 674mln (prev. 610mln Y/Y). "We reiterate our full-year guidance, as set out in our FY25 results announcement, and remain focused on driving efficient, sustainable growth and long-term value for all stakeholders." (Sage)  

Sandvik (SAND SS) - Q4 (SEK): Revenue 32.5bln (exp. 32bln), Orders 32.7bln (exp. 32.4bln), EPS 3.35 (exp. 3.37). Mining President Mats Eriksson decides to retire in 2027. (Sandvik) 

Alstom (ALO FP) downgraded to Reduce from Hold at Kepler Cheuvreux

Novo Nordisk (NOVOB DC) initiated with Neutral at Citi

Sanofi (SAN FP) initiated with Neutral at Citi