European Movers: ASML (ASML NA) +7.3%, Lonza (LONN SW) +4.6%, Fresnillo (FRES LN) +1.8%, Volvo (VOLVB SS) +1.4%, BBVA (BBVA SM) -1.4%, Logitech (LOGN SW) -4.5%, LVMH (MC FP) -6.2%

ASML (ASML NA) - Q4 2025 (EUR): Sales 9.72bln (exp. 9.26bln, guided 9.2-9.8bln), Orders 13.2bln (exp. 6.95bln), guides Q1 2026 Revenue 8.2-8.9bln (exp. 8.11bln), Raises FY26 sales 34-39bln (exp. 36.5bln); Announces up to EUR 12bln share buyback. Gross profit EUR 5.07bln (exp. 4.98bln).

BBVA (BBVA SM) downgraded to Sector Perform from Outperform at RBC.

Fresnillo (FRES LN) - Q4 Production: CEO notes of a solid operational performance, with gold production exceeding the upper end of our full-year guidance range and silver production delivered in line with guidance. Guidance 2026: Attributable silver production 42-46.5moz (prev. guided 45-51moz). Attributable gold production 500-550koz (prev. guided 515-565koz). 

Logitech (LOGN SW) - Q3 (USD): Adj. EPS 1.93 (exp. 1.81), Revenue USD 1.42bln (exp. 1.41bln), sees Q4 revenue between 1.07-1.09bln (exp. 1.08bln), operating income between 155-165mln. 

Lonza (LONN SW) - FY (CHF): Sales 6.5bln (exp. 7.65bln), Adj. EBITDA 2.1bln (exp. 2.22bln).

LVMH (MC FP) - Q4 2025 (EUR): Revenue 22.7bln (exp. 22.6bln), Organic growth +1% (exp. -0.3%); FY revenue 80.81bln (exp. 80.65bln), Profit from recurring operations 17.76bln (exp. 17.15bln), Net profit 10.88bln (exp. 10.55bln) Q4 fashion & leather organic sales -3% (exp. -2.94%). Q4 wines & spirits revenue -9% (exp. -1.1%). Q4 sales -2% in Europe, +1% in US, and +1% in Asia . Will propose dividend/shr of EUR 13 (exp. EUR 12.04).

Volvo (VOLVB SS) - Q4 (SEK): EPS 4.73 (exp. 4.34), Sales 123.8bln (exp. 121.7bln), Op. Income 12.8bln (exp. 11.7bln); raises FY26 NA truck orders 265k (prev. guided 250k).