European Movers: BNP Paribas (BNP FP) +3.5%, Saab (SAABB SS) +2.3%, Hannover Re (HNR1 GY) -0.9%, ArcelorMittal (MT NA) -1.0%, Shell (SHEL LN) -1.1%, BBVA (BBVA SM) -5.2%, Maersk (MAERSKB DC) -6.2%

Newsquawk Staff · 5 Feb 2026, 08:24 UTC

ArcelorMittal (MT NA) – Q4 2025 (USD): Revenue 14.97bln (prev. 15.66bln Y/Y), Net Income 177mln (prev. 377mln Y/Y), EPS 0.23 (prev. 0.50 Y/Y). The company expects demand to increase in 2026. The Co. expects world ex-China apparent steel demand to grow by +2% in FY 2026.

BBVA (BBVA SM) - Q4 (EUR): Net income 2.53bln (exp 2.54bln), NII 7.03bln (exp. 6.82bln), expects 2026 profitability to increase to around 20%.

BNP Paribas (BNP FP) - Q4 (EUR): Net income 2.97bln (exp. 2.86bln), Revenue 13.1bln (exp. 12.9bln), reaffirms its 2024-26 targets and upgrades FY28 targets.

Hannover Re (HNR1 GY) - FY (EUR): Net Income 2.6bln (prev. 2.33bln Y/Y), EBIT 3.5bln (prev. 3.3bln Y/Y). Confirms guidance.

Maersk (MAERSKB DC) - Q4 (USD) EBITDA 1.8bln (exp. 1.84bln), Revenue 13.3bln (exp. 12.9bln). Guidance: Sees 2026 Underlying EBITDA 4.5-7bln (exp. 5.76bln). "Guidance is based on the expectation that global container volume growth will be between 2% and 4% in 2026. The Co. announced a DKK 6.3bln share buyback. To add, the Co. is to cut 1,000 jobs.

Saab AB (SAABB SS) - Q4 2025 (SEK): Revenue 27.7bln (exp. 26.3bln), Operating profit 3.26bln (exp. 2.70bln), Net income 2.57bln (exp. 2.12bln); Guides initial FY26 Organic Revenue at +22%.

Shell (SHEL LN) - Q4 (USD): Adj. Profit 3.26bln (exp. 3.51bln), EPS 0.57 (exp. 0.63), Adj. EBITDA 12.79bln (prev. 14.77bln Y/Y), announces USD 3.5bln share buyback programme.

What it means

Several major European companies have reported earnings, with notable results influencing market movements. BNP Paribas outperformed expectations, which may support broader banking sector sentiment, while BBVA and Maersk's slight misses could raise concerns about future growth in their sectors. ArcelorMittal's outlook for increasing steel demand is a potential bright spot in materials, though the overall mixed results suggest a cautious market tone.

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