European Movers: Sika (SIKA SW) +7.9%, Givaudan (GIVN SW) +3.8%, Stellantis (STLAM IM / STLAP FP) +2.4%, Publicis (PUB FP) -0.5%, BP (BP/ LN) -1.3%, LVMH (MC FP) -2.4%, Imperial Brands (IMB LN) -4.2%

BP (BP/ LN) - Q1'2026 Trade Update: Reported upstream production in the first quarter is expected to be broadly flat compared to Q4'25. Further guidance: Gas & low carbon energy is expected to be slightly higher compared to Q4'25. Oil production & operations is expected to be slightly lower compared to Q4'25. (BP)

Givaudan (GIVN SW) - Q1 2026 (CHF): Revenue 1.88bln (exp. 1.87bln), Fragrance & Beauty 1.0bln (prev. 1.01bln Y/Y), LFL Sales +2.8% (prev. +7.4% Y/Y), Co. will be implementing price increases in collaboration with its customers to fully compensate for the increases in input costs. Affirms its 2030 targets, LFL sales growth between 4-6% and over 12% average FCF. (Givaudan)

Imperial Brands (IMB LN) - Trading Update: Co. reiterates FY guidance, group adj. operating profit expected to be higher compared to H1'25 and on track to deliver at least high-single digit EPS growth. (Imperial Brands)

LVMH (MC FP) - Q1 2026 (EUR): Total Revenue 19.12bln (exp. 19.49bln); Fashion & Leather organic sales -2% (exp. -0.5%). Amid a geopolitical and economic environment particularly disrupted by the conflict in the Middle East, LVMH remains vigilant yet confident. The United States experienced a good start to the year. In Europe and Japan, resilient local demand helped to partly offset lower tourist spending. Asia (excluding Japan) saw strong growth, confirming the improvement in trends observed starting in the second half of 2025. (LVMH)

Publicis (PUB FP) - Trading Update Q1 (EUR): Revenue 4.19bln (prev. 4.16bln Y/Y). Expecting sequential acceleration in net revenue organic growth in Q2ʼ26. Reaffirms FY26 guidance. All key regions performing well: U.S. at +4.7%, Europe at +3.9%, Asia-Pacific at +5.9%. (Publicis) 

Sika (SIKA SW) - Q1 2026 (CHF): Net Sales 2.49bln (exp. 2.45bln, prev. 2.68bln Y/Y), affirms its 2026 outlook, sales growth between 1-4% in local currencies and EBITDA margin of 19.5-20% expected. To add, the Co. confirms 2028 strategic medium-term targets. CEO: "We are watchful on the impact of events in the Middle East. We expect global market conditions to remain muted in 2026 and we are acting pre-emptively." (Sika) 

Stellantis (STLAM IM / STLAP FP) - Co. is planning to finalise the exit from the Symbio JV, costing Stellantis EUR 235mln, as the carmaker ends its hydrogen fuel cell technology programme. (Les Echos)