Additional European Equity News

Abrdn (ABDN LN) - FY (GBP): Adj. EBIT 255mln (exp. 329.1mln), Net Income 248mln (exp. 244.2mln). Outlook: Adj. Op Profit to increase at least GBP 300mln in FY26. (Newswires) 

Airbus (AIR FP), Boeing (BA) - Qatar Airways to place big order of wide body jets soon, CCO tells Reuters; for reference last summer, they ordered 20 Boeing 777-9 passenger jets (Newswires)

Canal+ (CAN LN) - FY (EUR): Revenue 6.45bln (exp. 5.74bln). 2025 growth will be negative affected and slightly more offset by end of C8 broadcasting in France and termination of contracts incl. Disney (DIS). Delays MultiChoice merger by six months. (Newswires) 

Direct Line (DLG LN) - FY (GBP): pretax profit 218.4mln (exp. 186mln), combined ratio 96.4%, operating profit 205mln, RoTE 10%; dividend 0.07 (exp. 0.07), gross written premiums and fees 3.732bln (+25.3% Y/Y), remain confident to deliver at least 100mln gross-run rate savings by end-2025 and 13% net insurance margin, notes there is more work to do to achieve long term ambitions. (Newswires)

Fresnillo (FRES LN) - FY (USD): Adj. Revenue 3.63bln (exp. 3.41bln), Net Income 226.7mln (exp. 354.9mln), EBITDA 1.54bln (exp. 1.46bln), Adj. EPS 0.364 (exp. 0.47). Declares one off special dividend of 41.8c/shr 2025: Attributable gold production exp. to be in range of 520-580koz. (Newswires) 

Greggs (GRG LN) - FY (GBP): Adj. Pretax Profit 189.8mln (exp. 187.9mln), Adj. EPS 1.375 (exp. 1.35), LFL Sales in co. managed shops +1.7% Y/Y in first nine weeks of 2025. In FY, LFL Sales in co. managed shops +5.5% Y/Y. Expectations for 2025 unchanged. (Newswires) 

Intertek (ITRK LN) - FY (GBP): EPS 240.6p (prev. 223p Y/Y), Revenue 3.39bln (prev. 3.33bln Y/Y). (Newswires) 

Ryanair (RYA ID) - Feb Load Factor 92% (prev. 92% Y/Y); Traffic +14% to 12.6mln guests. (Newswires) 

Shell (SHEL LN) - Zoe Yujnovich will step down as integrated gas and upstream director, effective 31 March 2025. (Newswires) 

04 Mar 2025 - 07:05- ForexEU Research- Source: Newsquawk