European Movers: 3i (III LN) +10.2%, Antofagasta (ANTO LN) +5.7%, STMicroelectronics (STM FP) +3.8%, easyJet (EZJ LN) +1.0%, Lloyds (LLOY LN) +0.6%, Deutsche Bank (DBK GY) -0.8%, SAP (SAP GY) -11.5%
Today's earnings releases reflect a mixed bag for European equities.
EUROPEAN OPEN: MSFT down post-earnings; SAP GY cloud revenue misses expectations; STM FP tops expectations; DBK GY had profitable 2025; ROG SW sees profit growth; HMB SS tops Q4 expectations
Hyundai Motor America (005380 KS) is recalling 568,576 US vehicles, via NHTSA
European Movers: 3i (III LN) +10.2%, Antofagasta (ANTO LN) +5.7%, STMicroelectronics (STM FP) +3.8%, easyJet (EZJ LN) +1.0%, Lloyds (LLOY LN) +0.6%, Deutsche Bank (DBK GY) -0.8%, SAP (SAP GY) -11.5%
[MARKET UPDATE] German heavyweight SAP (SAP GY) falls 11% as Cloud metrics disappointed; DAX futures moved lower in recent trade; Note: SAP holds a 12.5% weighting in the DAX 40 and 3.6% in the Euro Stoxx 50
South Korea to issue KRW 18.0tln in government bonds in February
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
3i (III LN) 12-months (EUR): Sales 16bln (prev. 13.78bln), LFL Sales growth 4.9% (prev. 10.3%), EBITDA 2.36bln (prev. 2.07bln), EBITDA Margin 14.8% (prev. 15.1%). CEO “We have made a good start to the final quarter of our financial year to 31 March 2026 and are set for another strong year of compounding growth”.
Antofagasta (ANTO LN) – Q4 production report: Copper production 177.0/kt, +9.4% Q/Q; Copper sales 201.0/kt, +42.3%; Gold production 66.3k/oz, +23%; Molybdenum production 4.4/kt, +12.8%. CEO: Copper production in 2026 is expected to be 650,000- 700,000/t; “Copperʼs outlook remains compelling…”.
Deutsche Bank (DBK GY) - Q4 (EUR): Net income 1.3bln (prev. 1.6bln Y/Y), Revenue 7.73bln (exp. 7.64bln), FY25 Revenue 32.1bln (exp. 31.9bln), NII 13.7bln, +2% Y/Y; announces EUR 1bln share buyback.
easyJet (EZJ LN) - Q1 (GBP): Revenue 2.25bln (prev. 2.03bln Y/Y). Headline loss before tax 93mln (prev. 61mln Y/Y). Passenger growth: +7% YoY. FY26 Outlook unchanged.
Lloyds (LLOY LN) - Q4 2025 (GBP): Statutory pre-tax profit 1.98bln (exp. 1.72bln), NIM 3.1% (exp. 3.1%), NII 3.53bln (exp. 3.54bln); sees 2026 ROTE above +16% (exp. +16%, previously guided +15%), announces a buyback of up to GBP 1.75bln.
SAP (SAP GY) - Q4 2025 (EUR): Adj. oper. profit 2.83bln (exp. 2.75bln), Revenue 9.68bln (exp. 9.74bln), Cloud Revenue 5.61bln (exp. 5.64bln), Cloud/Software Revenue 8.62bln (exp. 8.68bln); announced up to EUR 10bln buyback, to start Feb 2026.
STMicroelectronics (STM FP) - Q4 2025 (EUR): Revenue 3.33bln (exp. 3.28bln), Gross margin 35.2% (exp. 35.1%); Guides Q1 2026 Revenue 3.04bln (exp. 2.94bln), Guides Q1 2026 gross margin at 33.7% (exp. 33.3%).
Notably, 3i and Antofagasta outperformed expectations with positive growth outlooks, which could boost investor sentiment towards growth sectors. In contrast, Deutsche Bank's bottom-line miss and SAP's guidance disappointment, despite an announced buyback, may exert downward pressure on banking and tech stocks, highlighting sector-specific challenges.
Related headlines
- Newsquawk European Market Wrap - 4th September 20261 day ago
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 1 day ago
- EUROPEAN OPEN: VOW3 GY approves Future Plan 2030; BAS GY sues AAPL over Face ID patents; ECB authorises BMPS IM-MB IM merger; STLAM IM reportedly accelerates Huawei-JAC alliance in China; Fitch affirms ASML NA2 days ago
- US BROKER MOVES: SHEL upgraded at Morgan Stanley; PATH downgraded at Canaccord1 day ago
- Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP 1 day ago
- European Equity pre-Market Summary - 4th September 2026: Equities continue to benefit from Waller's dovish comments, markets look ahead to US NFP2 days ago
- Newsquawk Daily US Opening News - 4th September 20261 day ago
- US EQUITY OPEN: US indices in the red following a strong US jobs report1 day ago
- Additional European Equity News - 4th September 20262 days ago
- [MARKET ANALYSIS] G10FX quiet into US Payrolls; JPY underperforms2 days ago
- European Movers: Volkswagen (VOW3 GY) +8%, Vodafone (VOD LN) +2%, Glencore (GLEN LN) -0.9%, Vivendi (VIV FP) -5%2 days ago
- Newsquawk Weekly Economic Calendar - 6th-11th September 20261 day ago
- [MARKET ANALYSIS] European bourses trade on the backfoot ahead of US NFP; VOW3 GY approves Future Plan 20302 days ago
- US FX WRAP: Dollar gains on better-than-expected NFP report1 day ago
- Wacker Chemie (WCH GY) is reportedly considering closing its US plant after US President Trump's trade policy has driven customers away, according to sources1 day ago
- PREVIEW: US Nonfarm Payrolls are due on 4th September at 13:30BST/08:30EDT1 day ago
- US President Trump says have right to put tariffs on nations like Switzerland; have the right not to trade with financial elite countries1 day ago
- US President Trump posts "Great jobs number just announced, breaking all estimates"; renewed calls for sharply lower interest rates and threatened to halt trade with countries running surpluses against the US if rates remain high1 day ago
- Daily US Equity Opening News - AAPL foldable iPhone quality issues; NVDA in talks for USD 2.5bln Thinking Machines investment; MU plans HBM capacity increase; TMUS names CFO-designate, reaffirms guidance; LULU slides on outlook2 days ago
- [MARKET ANALYSIS] Energy and Metals relatively sideways awaiting the next catalyst ahead of NFP2 days ago
The whole workspace, free to try.
Try it free