Additional European Equity News - 21st August 2026

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PBoC reportedly to "survey" some mutual funds regarding long-dated bonds, sources suggest

European Equity pre-Market Summary - 21st August 2026: Italian M&A in focus

Additional European Equity News - 21st August 2026

Swedish Employed Persons (Jul) 5.507M (Prev. 5.398M)

UK Public Sector Net Borrowing (PSNB) ex-Banks (Jul) 1.8B vs. Exp. 0B (Rev. 12.8B, Prev. 16.0bln)

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Bavarian Nordic (BAVA DC) - Q2 2026 (DKK): Revenue 2.03bln (exp. 1.55bln). Raises its FY26 guidance, now sees revenue c. DKK 5.7bln (prev. guided DKK 5.5-5.7bln). The upgrade is to reflect additional contract awards secured with c. DKK 2.3bln secured for 2026. Additionally, the Co. launches a new DKK 750mln share buyback programme. (Bavarian Nordic)

Fortum (FORTUM FH), Elmera (ELMRA NO) - Fortum launches a recommended voluntary cash tender offer in Elmera at NOK 47/shr. (Fortum)

Nibe (NIBEB SS) - Q2 2026 (SEK): Net Sales 10.85bln (prev. 10.08bln Y/Y), Operating Profit 1.23bln (prev. 0.94bln Y/Y), EPS 0.37 (prev. 0.24 Y/Y). Remains optimistic about 2026 and longer term performance, however the external outlook is naturally difficult to assess. (Nibe)

Straumann Holding (STMN SW) downgraded to Hold from Buy at Deutsche Bank

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