Additional European Equity News

Aberdeen Group (ABDN LN) - Q3 AUMA GBP 542.4bln, transformation programme remains on track to deliver annualised savings of at least GBP 150mln by year-end, confident in outlook for business. (Aberdeen Group)

Alstom (ALO FP) - Co. won EUR 2bln contract with Eurostar for 30 Avelia Horizon high-speed trains. (Alstom)

Barclays (BARC LN) - Q3 (GBP): Revenue 7.17bln (exp. 7.07bln, prev. 6.55bln Y/Y), NII 5.63bln (prev. 4.81bln Y/Y); Investment Bank Rev. 3.08bln (exp. 3.05bln); announced GBP 500mln buyback; on track to deliver 2025 and 2026 targets. (Barclays) 

GSK (GSK LN) - Co. shows positive data for low carbon versions of ventolin MDI and will proceed with regulatory submissions, with a launch expected in 2026. (GSK)

Hermes (RMS FP) - Q3 (EUR) Revenue 3.88bln (exp. 3.9bln); affirms FY25 Core LFL Sales; CFO notes of a dynamic start of October in China; very slight improvement in Greater China. Sales by region: Asia excluding Japan (+4%) pursued its growth in all the countries, notably in Greater China. Japan (+15%), after a solid third quarter, maintained sustained growth, driven by the loyalty of its local clients. The Americas (+13%) confirmed their momentum, with a slight acceleration in the third quarter, driven in particular by the United States. Europe excluding France (+12%) recorded solid growth, in all the countries of the region. France (+9%) benefitted from sustained activity across all its stores. Other: Currency fluctuations represented a negative impact of EUR 254mln. (Hermes)

Reckitt Benckiser (RKT LN) - Q3 (GBP): Revenue 3.611bln (exp. 3.606bln), re-affirms FY25 outlook, expected to deliver another year of adj. diluted EPS growth. (Reckitt)

Softcat (SCT LN) - FY 2025 (GBP): Revenue 1.458bln (prev. 962.6bln Y/Y), expects to deliver low double-digit gross profit growth in FY26. (Softcat)

Thule (THULE SS) - Q3 (SEK): Sales 2.528bln (exp. 2.678bln), EBIT 453mln (exp. 439.5mln). (Thule)

Unicredit (UCG IM) - CEO says the co. is in no rush over Commerzbank. (Newswires)

Thyssenkrupp Nucera (NCH2 GY) downgraded to Hold from Buy at Deutsche Bank.