European Movers: Ericsson (ERICB SS) +10.0%, Haleon (HLN LN) +1.6%, Maersk (MAERSKB DC) -3.4%, Babcock (BAB LN) -2.4%, BASF (BAS GY) -1.9%, Chocoladefabriken Lindt & Spruengli (LISN SW) -1.1%

Ericsson (ERICB SS) - Q4 2025 (SEK): Adj. EBITDA 12.70bln (exp. 10.48bln). Revenue 69.3bln (exp. 66.6bln); mandates a SEK 15bln share buyback. (Newswires)
Haleon (HLN LN) upgraded to Overweight from Equal Weight at Barclays
Maersk (MAERSKB DC) downgraded to Underperform from Neutral by Bank of America
Babcock (BAB LN) - Q3 Trading Update: "With the vast majority of forecast revenue for the year now contracted, we are confident in delivering on the Board's expectations for FY26 trading, including meeting the FY26 margin target of 8%. Should the Indonesian Arrowhead licenses be delivered in year, this should provide upside to current expectations". Announces that CEO David Lockwood is to retire at the end of the calendar year. The Board has chosen Harry Holt, the current CEO of Babcock's Nuclear sector, as his successor. (Babcock)
Chocoladefabriken Lindt & Spruengli (LISN SW) downgraded to Underweight from Overweight at Barclays
BASF (BAS GY) - FY (EUR): Sales 59.7bln (exp. 60.7bln), Adj. EBITDA 6.6bln (exp. 6.87bln), EBIT 1.6bln, Net income 1.6bln, FCF 1.3bln. Guidance: FY FCF -600mln. FY adj. EBITDA 6.6bln (exp. 7.35bln). (BASF