Additional European Equity News

Airbus (AIR FP) - Reports July deliveries of 67 (prev. 89), gross orders 204 (prev. 71). (Airbus)

Brenntag (BNR GY) - Co. raises its FY26 operating EBITDA guidance to between 1.35-1.45bln (prev. guided 1.25-1.40bln). (EQS)

Genmab (GMAB DC) - H1 2026 (USD): Revenue 2bln (prev. 1.64bln), Royalty Revenue 1.7bln (prev. 1.38bln). Lifts FY guidance: Revenue 4.325-4.525bln (prev. guided 4.065-4.395bln). (Genmab)

JD Sports Fashion (JD/ LN) - Co. appoints Peter Agnefjäll as Chair, effective September 1st. (JD Sports)

Porsche SE (PAH3 GY) - H1 2026 (EUR): Adj. Profit after Tax 0.95bln (prev. 1.11bln Y/Y), Profit after Taxes -2.22bln (prev. 0.34bln Y/Y), Group Net Debt 4.98bln (prev. 5.10bln H/H). Calls for a rapid change of course from Volkswagen (VOW3 GY) to improve competitiveness. (Porsche SE)

Housing - UK Lloyds House Price Index YoY (Jul) Y/Y 0.1% vs. Exp. 0.4% (Prev. 0.6%); M/M 0% vs. Exp. 0.3% (Prev. 0.2%).

Acciona (ANA SM) upgraded to Hold from Reduce at Kepler Cheuvreux

easyJet (EZJ LN) upgraded to Neutral from Underweight at JPMorgan

Flutter Entertainment (FLUT LN) upgraded to Neutral from Sell at Citi

Metsa Board (METSA FH) upgraded to Buy from Hold at Danske Bank

Pan African Resources (PAF LN) initiated with Outperform at RBC

QT Group (QTCOM FH) downgraded to Hold from Buy at SEB

Sopra Steria (SOP FP) downgraded to Sell from buy at UBS

Stellantis (STLAM IM/STLAP FP) downgraded to Underperform from Market Perform at Societe Generale