Additional European Equity News

Asos (ASC LN) - Co. announces disposal of Lichfield fulfilment centre. Net proceeds of at least GBP 66mln and annual cash cost savings of c. GBP 6mln. (Asos) 

Compass (CPG LN) - HY 2026 (USD): Revenue 25bln (prev. 23bln Y/Y), Op. Profit 1.83bln (prev. 1.64bln Y/Y), EPS 72.8c (prev. 65.1c Y/Y). Raises FY profit guidance: Op. Profit growth “above” 11+ (prev. “around” 10%). (Compass)

Games Workshop (GAW LN) - Co. appoints Neil Tomlinson as COO, effective May 31st. (Games Workshop)

GSK (GSK LN) - Co. enters an exclusive collaboration with SRP Group in China to accelerate bepirovirsen at launch. Bepirovirsen is a potential first-in-class treatment for chronic hepatitis B under priority regulatory review in China. (GSK)

Unite Group (UTG LN) - Co. has increased its share buyback programme to an additional GBP 65mln. (Unite Group)

Comet Group (COTN SW) downgraded to Hold from Buy at Vontobel

Equinor (EQNR NO) upgraded to Outperform from Neutral at Santander

Legrand (LR FP) downgraded to Neutral from Buy at ESN

NatWest (NWG LN) upgraded to Outperform from Neutral at BNP Paribas

Intesa Sanpaolo (ISP IM) downgraded to Equal Weight from Overweight at Morgan Stanley