Additional European Equity News

Abrdn (ABDN LN) - H1 (GBP): AuM 517bln (prev. 500.1mln Y/Y). (Newswires) 

Aston Martin (AML LN) - Q2 (GBP): Revenue 220.5mln (prev. 335.3mln Y/Y). FY Outlook: Expects to deliver modest wholesale volume growth in FY25 vs prior year. (Newswires) 

BAE Systems (BA/ LN) - H1 (GPB): Underlying EBIT 1.55bln (exp. 1.54bln), Revenue 14.6bln (exp. 14.5bln). Affirms FY25 Adj. EPS. Lifts FY Rev. +8-10% (prev. guided +7-9%). (Newswires) 

Bucher Industries (BUCN SW) - H1 2025 (CHF): Net 1.54bln (prev. 1.7bln), Order Intake 1.29bln (prev. 1.27bln), EBIT 178mln (prev. 178mln). "...trade policy uncertainties are putting pressure on demand for capital goods...now expects slightly lower sales for 2025 on a comparable basis". (Bucher)

GTT (GTT FP) - H1 2025 (EUR): Revenue 389mln, +32% Y/Y; EBITDA 264mln, +49%. Confirms 2025 targets. (GlobeNewswire)

Havas (HAVAS NA) - H1 2025 (EUR): Revenue 1.35bln, +2.9% Y/Y; adj. EBIT 144mln, +8.3%. (Newswires)

Kerry (KYGA LN) - H1 (EUR): EBITDA 566mln, +7.5% Y/Y. (Newswires) 

Imcd (IMCD NA) - H1 2025 (EUR): Revenue 2.45bln (prev. 2.38bln), Gross Profit 634mln (prev. 607mln). (IMCD)

Imerys (NK FP) - H1 2025 (EUR): Revenue 1.76bln (prev. 1.92bln), adj. EBITDA 281mln (prev. 384mln), Net Income 0.98/shr (prev. 2.05/shr). Stable sales reflect persistent low industrial activity in Europe and a weaker North American economy. Completion of the Pre-Feasibility Study (PFS) confirms the strong fundamentals of Imerys’ Emili lithium project in Beauvoir. (Imerys)

INFICON (IFCN SW) - Q2 2025 (USD): Sales 167mln, +5.8% Q/Q. Sequential growth in all regions and all markets, except for Security & Energy due to timing of government programs. 2205 guidance: sales 660-690mln (prev. guided 660-710mln). (INFICON)

INWIT (INW IM) - H1 2025 (EUR): Revenue 535mln (prev. 511mln), EBITDA 490mln (prev. 468mln), EBIT 288mln (prev. 278mln). (INWIT)

JDE Peets (JDEP NA) - H1 2025 (EUR): Sales 5.05bln (prev. 4.2bln), adj. EBITDA 849mln (prev. 840mln), EPS 1.33 (prev. 0.76). Increases FY outlook. (JDE Peets)

Rio Tinto (RIO LN) - H1 (USD): Underlying Net Income 4.81bln (exp. 5.2bln), Underlying EBITDA 11.6bln (exp. 11.1bln), Revenue 4.53bln (exp. 4.9bln). Co. raised dividend. (Newswires) 

GSK (GSK LN) - Q2 2025 (GBP): Sales 7.98bln (exp. 7.75bln), adj. EPS 0.465 (exp. 0.42), adj. Operating Profit 2.6bln (exp. 2.4bln). FY25 outlook lifted to top-end of prior guide. Q2 (cont): Arexvy sales 0.1bln Dividend 0.16/shr. Commenced a GBP 2bln buyback, to be implemented over the period until end-Q2 2026. FY Outlook (lifted to top-end of prior guide). Turnover: top end of 3-5% (prev. 3-5%). Core Operating Growth: top end of 6-8% (prev. 6-8%). Core EPS Growth: top end of 6-8% (prev. 6-8%). Dividend 0.54/shr Confident in delivering guidance; inclusive of tariffs thus far and European ones indicated this week. (Newswires) 

Foxtons (FOXT LN) - H1 (GBP): Pretax profit 10.2mln (prev. 7.5mln Y/Y), Revenue 86.1mln (prev. 78.5mln Y/Y). (Newswires) 

Hermes (RMS FP) - H1 2025 (EUR): Net Profit 2.25bln (exp. 2.25bln), Operating Income 3.33bln (prev. 3.1bln). Confirms goal for medium-term revenue growth. Prices were raised by an additional 5% in the US. Seeing no change of the trend in China. Outlook "In the medium-term, despite the economic, geopolitical and monetary uncertainties around the world, the group confirms an ambitious goal for revenue growth at constant exchange rates."

Man (EMG LN) - H1 (USD): PBT 16mln (prev. 94mln Y/Y), Core Net Revenue 604mln (prev. 761mln Y/Y). (Newswires) 

Porsche (P911 GY) - Adjusts outlook following EU-US trade agreement; sales rev. outlook unchanged; sees RoS 5-7% (prev. guided 6.5-8.5%); CEO expects that we will begin to see positive economic momentum again from 2026 onwards In H1 special expenses from co. realignment amounted to around EUR 200mln and to around EUR 500mln for battery activities. US import tariffs resulted in burden of EUR 400mln. (Newswires) 

Schneider Electric (SU FP) - Co. to buy remaining India JV stake for EUR 5.5bln. (Newswires) 

Symrise (SY1 GY) - H1 2025 (EUR): Gross Profit 1.06bln (prev. 0.99bln), EBITDA 553mln (prev. 529mln), EBIT 402mln (prev. 365mln), EPS 1.92 (prev. 1.71). (Symrise)

Taylor Wimpey (TW/ LN) - H1 2025 (GBP): Revenue 1.65bln (exp. 1.65bln), Net Income -61.8mln (exp. 107mln); impacted by exceptional charges in the period from cladding safety provision and CMA provision. Reiterate guidance for FY completions between 10.4-10.8k. 2025 operating profit seen at 424mln, impacted by a one-off charge. For H2, expect an improvement in the operating margin vs H1's 9.7%. (Taylor Wimpey

Wolters Kluwer (WKL LN) - H1 (EUR): Revenue 3.05bln (exp. 3.03bln). (Newswires) 

Fortum (FORTUM FH) downgraded to Sell from Hold at Nordea

30 Jul 2025 - 07:10- EquitiesEU Research- Source: Newsquawk