European Movers: Delivery Hero (DHER GY) +3.9%, Compass (CPG LN) +2.7%, Aurubis (NDA GY) +0.4%, Intesa Sanpaolo (ISP IM) -0.4%, Snam (SNAM IM) -0.7%, Hannover Re (HNR1 GY) -2.7%
Aurubis (NDA GY) - Q2 2026 (EUR): EBIT 118mln (prev. 100mln Y/Y), Revenue 6.04bln (prev. 4.97bln Y/Y), affirms FY26 EBT between 425-525mln (prev. guided 375-475mln). (Aurubis)
Compass (CPG LN) - HY 2026 (USD): Revenue 25bln (prev. 23bln Y/Y), Op. Profit 1.83bln (prev. 1.64bln Y/Y), EPS 72.8c (prev. 65.1c Y/Y). Raises FY profit guidance: Op. Profit growth “above” 11+ (prev. “around” 10%). (Compass)
Delivery Hero (DHER GY), Prosus (PRX NA) - Prosus is to sell a 5% stake of Delivery Hero to Aspex Management at EUR 22.00/shr. (Newswires)
Hannover Re (HNR1 GY) - Q1 2026 (EUR): Net Income 711mln (prev. 481mln Y/Y), Revenue 6.5bln (prev. 7.0bln Y/Y), affirms FY26 net of above EUR 2.7bln and P&C reinsurance revenue growth in the mid-single digit %. (Hannover Re)
Intesa Sanpaolo (ISP IM) downgraded to Equal Weight from Overweight at Morgan Stanley.
Snam (SNAM IM) - Il Messaggero reported that the Co. has updated its credit support line, raising the ceiling to EUR 5.1bln (prev. 4bln); a move which helps the co. to achieve its 2030 Strategic Plan. (Il Messaggero)
Today’s European market movers show strong performances from companies like Compass, which raised its profit guidance, and Aurubis, exceeding revenue expectations. Meanwhile, Intesa Sanpaolo's downgrade may weigh on its shares, while Delivery Hero's stake sale reflects strategic repositioning. These developments indicate mixed sentiment in European equities, highlighting specific sector dynamics and individual company fundamentals.