Additional European Equity News

ArcelorMittal (MT NA) -  Co. announces that it has signed a new long-term mineral development agreement deal with the Liberian Government. (ArcelorMittal) 

Airtel Africa (AAF LN) - Q3 2025 (USD): Revenue 4.67bln (prev. 3.64bln Y/Y), underlying EBITDA 2.28bln (prev. 1.68bln Y/Y), EPS 13.10 (prev. 6.20 Y/Y). (Airtel Africa)   

AstraZeneca (AZN LN) - Co. enhances its weight management portfolio through collaboration agreement with CSPC Pharmaceuticals. CSPC will receive an upfront payment of USD 1.2bln from AstraZeneca. CSPC is also eligible to receive development and regulatory milestones of up to USD 3.5bln across all programmes.(AstraZeneca)   

Drax (DRX LN) - Drax announced that it has signed a tolling agreement with West Burton C Limited for 250MW (500MWh) of new BESS capacity. (Drax) 

Hexagon (HEXAB SS) - Q4 (EUR): Adj. EBIT 420.3mln (exp. 409.9mln), Gross Earnings 964.1mln (prev. 966.3mln Y/Y) (Hexagon)  

HSBC (HSBA LN) - SCMP reports the bank’s mobile app and in-person services at several branches were made unavailable by a Friday outage in Hong Kong. (SCMP)

Lloyds (LLOY LN) - Co. announces the commencement of a share Buyback programme of up to GBP 1.75bln. (Lloyds) 

Valeo (FR FP) - Co. announces partnership with Kapsch to deliver a next generation tolling solution powered by V2X. (Valeo)

Aena SME (AENA SM) upgraded to Buy from Hold at Jefferies  

Antofagasta (ANTO LN) downgraded to Neutral from Buy at UBS

Rentokil (RTO LN) downgraded to Sell from Neutral at Rothschild & Co. 

Telia Company (TELIA SS) downgraded to Sell from Hold at Handelsbanken 

Whitbread (WTB LN) downgraded to Underperform from Neutral at BNP Paribas 

30 Jan 2026 - 07:01- MetalsEU Research- Source: Newsquawk