Additional European Equity News

Aena (AENA SM) - 9M (EUR): Total Revenue 4.78bln, +8.8% Y/Y. EBITDA 219.4mln, +8.2% Y/Y. (Aena) 

Aston Martin (AML LN) - Q3 (GBP): Revenue 285.2mln (exp. 238mln), pretax profit -111.9mln), to take immediate action to further reduce FY25 Capex to around 350mln. (Aston Martin)

Glencore (GLEN LN) - 9M copper production 583.5k tonnes (prev. 705.2k tonnes Y/Y), FY copper production outlook 850-875k tonnes, maintains FY25 production guidance. (Glencore)

GSK (GSK LN) - Q3 2025 (GBP): Sales 8.547bln (exp. 8.179bln). Adj. Operating Profit 2.985bln (exp. 2.601bln). Adj. EPS 0.55 (exp. 0.47); raises FY core EPS growth guidance to between 10-12% (prev. guided 6-8%), dividend 0.16 (exp. 0.15). Revenue Breakdown (GBP): Shingrix revenue: 830mln (exp. 727mln). Vaccines revenue: 2.68bln (exp. 2.6bln) Arexvy revenue: 251mln (exp. 180.2mln). Tariff Positioned to respond to potential financial impact of tariffs, with mitigation options identified. Guidance upgraded: 2025 turnover growth of between 6% to 7% (previously towards the top end of the range of between 3% to 5%); Core operating profit growth of between 9% to 11% (previously towards the top end of the range of between 6% to 8%); Core EPS growth of between 10% to 12% (previously towards the top end of the range of between 6% to 8%). (GSK)

Fortum (FORTUM FH) - Q3 (EUR): Adj. EBITDA 175mln (exp. 209.5mln), Sales 929mln (exp. 949.2mln). CEO said “After showing signs of recovery earlier this year, industrial demand experienced a slowdown, particularly in Sweden”.  (Fortum)

ING (ING NA) - Co. to appoint Ida Lerner as CFO. (Newswires) 

Mercedes-Benz (MBG GY) - CFO says US import tariffs will have a 150-200bps effect on FY margin. (Newswires)

Next (NXT LN) - Q3 Trading Statement: FY guidance for full price sales GBP 5.552bln, and raises Q4 full price sales to +7% (prev. guided +4.5%), special dividend to be around GBP 3.10 per share based on assumptions and latest guidance. (Next)

Neste (NESTE FH) - Q4 (EUR): Revenue 4.53bln (Exp. 4.98bln), Adj. EBITDA 531mln (exp. 484.4mln). (Newswires) 

OMV (OMV AV) - Q3 (EUR): Sales 6.26bln (prev. 5.788bln Q/Q), clean CCS net income 594mln (prev. 385mln Q/Q). (OMV)

Outokumpu (OUT1V FH) - Q3 (EUR):  Sales 1.3bln (exp. 1.35bln), EPS -0.07 (exp. -0.06). “Group stainless steel deliveries in the fourth quarter are expected to decrease by 5-15% compared to the third quarter mainly due to continued market weakness in business area Europe and seasonal slowdown in business area Americas. Asian imports to Europe still remain high compared to the low demand in the stainless steel market”. (Outokumpu) 

Sydbank (SYDB DC) - 9M (DKK): Net income 1.922bln (prev. 2.396bln Y/Y), loan impairments 115mln, revises FY25 net income to 2.4-2.6bln (prev. 2.2-2.6bln). (Sydbank)

UPM-Kymmene Oyj (UPM FH) - Q3 (EUR): Revenue 2.298bln (exp. 2.410bln), adj. EBITDA 251mln (exp. 288.1mln). (UPM)

29 Oct 2025 - 07:06- ForexEU Research- Source: Newsquawk