Additional European Equity News

Baywa (BYW6 GY) - Q1 2025 Revenues -9.2% Y/Y due to the ongoing transformation, site closures and personnel reductions are proceeding according to plan (Newswires)

Drax (DRX LN) - Updates that the Bidco cash offer for HEIT has now lapsed. (Newswires)

Flight Names - United Airlines (UAL) expects Q2 adj. EPS in the middle of its 3.25-4.25 guidance range (street was expecting 3.87), due to Newark flight disruptions and air traffic control outages. CEO said without these issues, the airline would likely reach the high end.

Grifols (GRF SM) - A US Court has denied the motion by Gotham City to dismiss a lawsuit which was filed by the Co. (Newswires)

NatWest (NWG LN) - The UK government is scheduled to sell the final publicly owned shares it holds in NatWest on Friday. (Sky News)

Poste Italiane (PST IM) - Co. has no plans to revoke the Telecom Italia (TIT IM) board or to propose new members to it. (Newswires) Follows on from Poste becoming the largest shareholder in Telecom Italia on Thursday.

Stellantis (STLAM IM/STALP FP) - Alfa Romeo is reportedly to postpone the launch of a new version of its Stelvio SUV, via Reuters, citing sources. (Newswires)

30 May 2025 - 07:05- EquitiesEU Research- Source: Newsquawk