Additional European Equity News
AstraZeneca (AZN LN) - The CARDIO-TTRansform Phase III trial 1 for AstraZeneca and Ionis' Wainua(eplontersen) in patients with transthyretin-mediated amyloid cardiomyopathy (ATTR-CM) did not meet the primary efficacy endpoint of the composite outcome of cardiovascular (CV) mortality and recurrent CV clinical events up to 140 weeks compared with placebo. (AstraZeneca)
Capita (CPI LN) - Trading and Civil Service Pension Scheme Contract Update: Strong progress on our strategic objectives with a continued focus on driving innovation to improve delivery and drive efficiencies. Secured contracts with a Total Contract Value (TCV) of GBP 1bln in the first half of 2026, strongest H1 TCV performance since 2021 in Public Services. We now expect the Group to deliver positive free cash flow, before the impact of business exits, in 2027. (Capita)
Deutz (DEZ GY) - Deutz entered into an agreement to acquire 100% of FFG Flensburger Fahrzeugbau Gesellschaft; total purchase price amounts to EUR 1.6bln. (Deutz)
Informa (INF LN) - Appoints Tom Glocer as Chair-Elect; effective 2027. (Informa)
LondonMetric Property (LMP LN) - AGM Update: Disposals across 26 assets accounted for £96.7 million of investment activity and we have a further GBP 23mln of sales under offer. Occupier demand remains strong across our portfolio with new leasing activity reducing our vacancy to 1.7%. (LondonMetric Property)
Nokia (NOKIA FH) - Builds AI-enabled defence capabilities with NestAI. (Nokia)
PlayTech (PTEC LN) - Trading Update: Playtech's trading has delivered results significantly ahead of market expectations. Looking to H2 2026, management expects Adjusted EBITDA to be lower than H1; there are a few factors, but namely due to the increased Remove Gaming Duty in the UK. (PlayTech)
Severn Trent (SVT LN) - Trading Update: Performance is in-line with expectations; affirms FY27 capex. (Severn Trent)
Glencore (GLEN LN) upgraded to Buy from Neutral at Goldman Sachs
TotalEnergies (TTE FP) - Co. divests its distributed solar generation activities in Europe. (TotalEnergies)