Additional European Equity News

Acciona (ANA SM) – H1 2023 (EUR): Revenue 7.06bln (exp. 5.18bln Y/Y). 405mln (exp. 218lmn). (Newswires)

Atos (ATO FP) – H1 2023 (EUR): Revenue 5.55bln (exp. 5.57bln). Net -113mln (prev. -119mln Y/Y). Co. has affirmed its FY23 operating margin and raised its organic revenue guidance. (Newswires)

Air France-KLM (AF FP) – Q2 2023 (EUR): Revenue 7.62bln (exp. 7.52bln), Operating profit 733mln (exp. 649mln). Net 604mln (exp. 488mln). Co. guides Q3 capacity at 95% and Q4 capacity at above 95%. Co. confirms its medium (Newswires) 

Arkema (AKE FP) – Q2 (EUR): Adj. Net 207mln (prev. 433mln YY), EBITDA 417mln (prev. 705mln YY), Revenue 2.44bln (prev. 3.18bln YY). (Newswires)

Bouygues (EN FP) – H1 (EUR): Sales EUR 26.1bln (exp. 26.03bln), Current Operating Profit 727mln, Net Income 225mln. (Newswires)

Casino (CO FP) – Enters into an agreement with EPGC, Fimalac, Attestor and some of its main creditors. In any event Casino shareholders will be massively diluted and Rallye will lose control of Casino. (Newswires)

CaixaBank (CABK SM) – Q2 2023 (EUR): Adj. net 1.28bln (exp. 1.14bln). NII 2.44bln (exp. 2.29bln). Co. plans to carry out a EUR 500mln share buyback programme. (Newswires)

Capgemini (CAP FP) – H1 (EUR): Net 809mln (prev. 667mln YY), Op 1.41bln (prev. 1.3bln YY), Revenue 11.4bln (exp. 11.5bln). To invest EUR 2bln over 3 years in AI. (Newswires)

Clariant (CLN SW) – H1 2023 (CHF): Revenue 2.28bln (exp. 2.33bn). Adj. EBITDA 319mln (exp. 326mln). Co. affirms its revenue and EBITDA guidance. (Newswires)

Cellnex (CLNX SM) – Cellnex CEO saod the Co. could eventually evaluate full asset sales in cetain countries. (Newswires)

Darktrace (DARK LN) – Summit DT has sole 20.8mln shares in Darktrace.  (Newswires)

Engie (ENGI FP) – H1 (EUR): Net -0.88bln (prev. 5.0bln YY), EBITDA 9.4bln (prev. 7.5bln YY), Revenue 47bln (prev. 43.2bln YY). (Newswires)

Eni (ENI IM) – Q2 (EUR): adj. Net 1.94bln (exp. 1.63bln), adj. Op 3.38bln (prev. 5.84bln YY), Revenue 19.6bln (prev. 31.6bln YY). Lowers FY23 Capex <9bln (prev. 9.2bln)

IAG (IAG LN) – Q2 2032 (EUR): Revenue 7.69bln (exp. 5.92bln Y/Y). Notes Q3 passenger revenue is 80% booked. Load factors +6.3ppts Y/Y. (Newswires)

Imi (IMI LN) – H1 (GBP): PBT 180mln (prev. 154mln YY), Revenue 1.08bln (prev. 972mln YY). (Newswires)

Rexel (RXL FP) – Q2 (EUR): Revenue 4.84bln (exp. 4.82bln). Raises FY23 Same day sales high end of +2-6% (prev. initial +2-6%), adj. EBITDA 6.6-6.9% (prev. 6.3-6.7%). (Newswires)

Sanofi (SAN FP) – Q2 (EUR): EPS 1.74 (exp. 1.68), Op 2.73bln (exp. 2.64bln), Revenue 9.97bln (exp. 10.39bln). (Newswires)

Signify (LIGHT NA) – Q2 (EUR): Adj. EBITDA 136mln (exp. 150mln), Revenue 1.64bln (exp. 1.68bln). Cuts FY23 guidance, EBITA 136mln 9.5-10.5% (10.5-11.5%).

OMV (OMV AV) - Announces a new gas discovery in Austria equivalent to 48 TWh, largest natural gas discovery in 40 years. Co. has signed a 10yr LNG supply deal with BP for up to 1mln tonnes of LNG starting 2026. (Newswires) 

Proximus (PROX BB) – Q2 (EUR): EBITDA 446mln (prev. 463mln YY), Revenue 1.5bln (prev. 1.44bln YY). (Newswires)

Unilever (ULVR LN) - Ian Meakins to take over as chair at Unilever. (FT)

Vivendi (VIV FP) – H1 (EUR): adj. Net 324mln (prev. 58mln YY), EBITA 444mln (prev. 412mln YY), Revenue 4.7bln (prev. 4.87bln YY). (Newswires)

Vinci (DG FP) - H1 (EUR): Net 2.1bln (prev. 1.9bln YY), Op 3.55bln (prev. 2.83bln YY), Revenue 32.4bln (prev. 28.5bln YY). Affirms FY guidance. (Newswires)

Vopak (VPK AV) – H1 2023 (EUR): Revenue 721mln (prev. 662mln Y/Y). EBIT 332mln (prev. 257mln). Cash flow from operating activities 478mln (prev. 340mln). (Newswires)

Umicore (UMI BB) – H1 2023 (EUR): Revenue 2.07bln (exp. 2.09bln). Ajd. EBIT 373mln (prev. 461mln Y/Y). Adj. Net 233mln (prev. 321mln). ROCE 15.2% (prev. 20.8% Y/Y). (Newswires) 

Aviva (AV/ LN) downgraded to Market Perform from Outperform at Keefe Bruyette

28 Jul 2023 - 07:16- EquitiesResearch Sheet- Source: Newswires