European Equity pre-Market Summary - 10th September 2026: European bourses set for a mildly firmer open; Porsche AG lifts guidance

• Associated British Foods (ABF LN) - Reported +2% in Q4 Primark Sales. Guides FY27 Sugar Adj. operating loss between GBP 70-170mln.
• IG Group (IGG LN): Co. is reportedly cutting hundreds of jobs from its 2300 strong workforce.
• Porsche AG (P911 GY), +0.7%: Announces the sale of its stakes in Bugatti Rimac and Rimac Group for c. EUR 1bln. Co. also raises its FY Automotive Net Cash Flow Margin to +5.5-7.5% (prev. guided 3-5%).
• Bayer (BAYN GY), +0.5%: Announces that the US FDA has granted accelerated approval for HYRNUO.
• Roche (ROP SW): Co. announces that the US FDA has granted Priority Review to a supplemental Biologics License Application for Enspryng for the treatment of MOGAD, based on positive results from the Phase III METEOROID study.

• BAE Systems (BA/ LN) initiated with Neutral at BNP Paribas.
• Novartis (NOVN SW), +0.5% upgraded to Hold from Reduce at HSBC.
• Fortum (FORTUM FH), +0.7% received a broker upgrade at four banks.

The numbers after the Co. & ticker are the pre-market indication via Tradegate