Additional European Equity News - 1st October 2026

BAE Systems (BA/ LN) - BAE Land & Armaments was awarded a USD 230.1mln firm-fixed-price US Navy contract modification for amphibious combat vehicles. The previously awarded contract could reach a total value of USD 4.1bln if all options are exercised. (Newswires)

Bayer (BAYN GY) - Co. appoints Dr. Christoph Koenen as Chief Medical Officer, effective immediately. (Bayer)

Casino (CO FP) - Co. announces that it has obtained from its RCF and Quatrim creditors an extension of their consent not to use the current discussions regarding the adaptation and strengthening project of the Group's financial structure. (Casino)

Centrica (CNA LN) - Co. announces that Spirit Energy has completed the sale of its remaining 15% interest in the Cygnus gas field to Serica Energy plc for final consideration of GBP 33mln. (Centrica)

E.ON (EOAN GY) - UK CMA clears the acquisition of OVO Energy by E.ON. (Gov.uk)

Inchcape (INCH LN) - Co. announces that it has agreed to acquire a Volvo business in Peru and Costa Rica, and a JLR business in Peru, both from Automotores Gildemeister; no terms disclosed. (Inchcape)

Kone (KNEBV FH) - Co. has been selected as a partner to deliver advanced People Flow solutions for Burj Azizi in Dubai, United Arab Emirates. (Kone)

KPN (KPN NA) - Co. announces that Wouter Stammeijer will be appointed as CFO, effective 1st November. (KPN)

Land Securities (LAND LN) - Co. announces the 100% stake in Metrocentre, Gateshead, for GBP 516mln. The acquisition is expected to be funded through an equity issue and existing debt facilities. Following the acquisition, the Co. expects to deliver c. 3-5% growth in LFL net rental income in FY27. (Land Securities)

Lundbeck (HLUNB DC) - Co. announces that primary endpoint analysis of the clinical Phase 4 THRIVE trial showed that 60% of participants reported being ‘much improved’ or ‘very much improved’ following treatment with eptinezumab. (Lundbeck)

Nokia (NOKIA FH) - Co. is planning to build secure European communication systems in orbit for defence with Iceye, with as many as 50 low-Earth-orbit satellites annually from 2028. (Bloomberg)

Roche (ROP SW) - Co. announces that results from the VOYAGER study confirm the real-world effectiveness of Vabysmo, with vision gains and robust anatomical improvements in untreated eyes and stable or improved vision with improved anatomical outcomes in previously treated eyes. (Roche)

SEB (SEBA SS) - Co. receives the result of the SFSA annual SREP, guiding the P2R of 2%, where at least 1.4% should be met with CET1 capital. (SEB)

SSE (SSE LN) - Trading Update: Expects H1 2026/27 Adj. EPS between GBP 0.64-0.68 and reiterates Adj. EPS guidance of GBP 1.68-1.93 for 2026/27 and GBP 2.25-2.50 for 2029/30. Says strong delivery across networks continues with an increase of around 70% in adjusted investment. (SSE)

Telefonica (TEF SM) - Co. simplifies the operating model in Spain to harness synergies, drive growth and scale digital services internationally. (Telefonica)

Thales (HO FP) - Co. launches CipherTrust Data Security Posture Management, the first purpose-built DSPM offering designed to help organisations go beyond discovering exposed sensitive data and applying access-based remediation. (Thales)

Vestas Wind Systems (VWS DC) - Co. announces a new order of 346 MW in Australia (Vestas)

Saab (SAABB SS) upgraded to Buy from Neutral at Bank of America

Sandvik (SAND SS) downgraded to Neutral from Outperform at BNP Paribas