Additional European Equity News

Aberdeen (ABDN LN) - Q1 (GBP): AuM 500.1bln. On course to meet transformation target by end of this year. (Newswires)

Air France (AF FP) - Q1 (EUR): Revenue 7.17bln (exp. 7.05bln), Operating -328mln (exp. -374mln), Net -249mln, Load Factor 86%. 2025 outlook confirmed. An increasingly uncertain context may bring additional headwinds going forward. (Newswires)

Aixtron (AIXA GY) - Q1 (EUR): Order Intake 132.2mln (prev. 120.3mln Y/Y). Revenue 112.5mln (prev. 118.3mln Y/Y). (Newswires) 

Aston Martin (AML LN) - Q1 (GBP): Revenue 233mln (exp. 240mln), PBT -79mln (exp. -86mln), adj. EBIT -65mln (exp -68mln). 2025 guidance unchanged. (Newswires)

Barclays (BARC LN) - Q1 (GBP) Revenue 7.71bln (exp. 7.331bln), EPS 0.13 (exp. 0.1168), Pretax profit 2.72bln (exp. 2.488bln); Investment Bank Revenue 3.87bln (exp 3.55bln); upgraded 2025 NII guidance to above GBP 12.5bln (prev. view ~GBP 12.2bln). (Newswires)

Bunzl (BNZL LN) - Announces acquisition in Chile and the Netherlands. (Newswires)  

B&M European (BME LN) - Mike Schmidt appointed interim CFO. (Newswires)

DEUTZ (DEZ GY) - Q1 2025 (EUR): Revenue 489mln (exp. 501.5mln), new orders 546.1mln (exp. 540.2mln), adj. EBIT 21mln (exp. 20.4mln); confirms 2025 guidance (Newswires)

Evolution (EVO SS) - Q1 (EUR): EBITDA 342mln (exp. 366.7mln), Revenue 520.9mln (exp. 546.8mln). (Newswires)

Glencore (GLEN LN) - Production Update, Q1: Copper 167.9k/T, Nickel 18.8k/T, Zinc 2136k/T; significantly stronger performance expected across the remainder of 2025. FY production guidance maintained. (Newswires)

GSK (GSK LN) - Q1 (GBP) Adj. EPS 0.449 (exp. 0.406), Sales 7.516bln (exp. 7.416bln). Adj. Operating Profit 2.533bln (exp. 2.341bln). Sees FY core EPS growth 6-8% and Core Operating Profit growth 6-8%

Haleon (HLN LN) - Q1 Organic Revenue +3.5% Y/Y. Reiterated FY25 guidance. Further GBP 330mln to be returned via announced on market share buyback programme to complete GBP 500mln allocated to share buybacks for 2025. (Newswires)

Iberdrola (IBE SM) - Q1 2025 (EUR): net 2.0bln (prev. 1.786bln), revenue 12.864bln (exp. 14.01bln), EBITDA 4.64bln (exp. 4.52bln); strong performance expected for the rest of the year, reaffirming FY net profit guidance at mid to high single digit growth even excluding positive impact of past cost recognition in the US (Newswires)

Kingspan (KGP ID) - Q1 Trading Update: Despite a sluggish start due to main seasonal factors. Europe overall recorded sales growth with reasonable activity. Latin America sales robust. Expects to deliver overall trading profit growth in H1. (Newswires) 

Repsol (REP SM) - Q1 2025 (EUR): Adj. net profit 651mln (exp. 621mln), EPS 0.3/shr, EBITDA 1.85bln (exp. 1.924bln); reaffirms guidance (Newswires)

Pernod Ricard (RI FP) - Completion of sale of Wines Portfolio to Australian Wine HoldCo. (Newswires)

Smith & Nephew (SN/ LN) - Q1 (USD): Revenue 1.41bn (exp. 1.40bln). Unchanged outlook includes exp. net impact of USD 15-20mln from tariffs in 2025. (Newswires) 

Melrose (MRO LN) - Trading Update: Revenue +6% Y/Y. Maintains FY25 guidance. 2025 FCF expected to exceed GBP 100mln. Has a path to mitigate identified direct exposure to current tariff levels. (Newswires)

Stellantis (STLAM IM/STLAP FP) - Q1 (EUR): Net Revenue 35.8bln (exp. 35.8bln); shipments -9% Y/Y; suspends FY guidance amid tariff-related uncertainties; says the process to appoint new CEO is well underway. (Newswires) 

Taylor Wimpey (TW/ LN) - Trading Update: Intends to pay a final 2024 dividend of GBP 0.0466/shr. Reiterates guidance for the FY. Mortgage lending remains robust, healthy level of product available at competitive rates. (Newswires)

TotalEnergies (TTE FP) - Q1 (EUR): Net 3.9bln, adj. Net 4.2bln (exp. 4.32bln), adj. EBITDA 10.5bln (exp. 10.4bln). Confident in ability to hit 2025 growth objective. Will continue buybacks of up to USD 2bln in Q2. (Newswires) 

Orange (ORA FP) - Orange to acquire Ocean by Shiftmove. Possible completion by end-2025. (Newswires)

Zalando (ZAL GY) downgraded to Underweight from Equal Weight at Morgan Stanley  

30 Apr 2025 - 07:10- ForexEU Research- Source: Newsquawk