European Movers: Telefonica (TEF SM) +5.2%, ASML (ASML NA) +1%, National Grid (NG/ LN) +1.3%, Burberry (BRBY LN) -4.5%
The earnings reports from Telefonica, ASML, National Grid, and Burberry illustrate mixed results across sectors, with Telefonica and National Grid showing stable performances amidst affirmations of guidance and growth outlooks.
Burberry (BRBY LN) CEO says they have not seen the impact of the war in Iran beyond the region; Middle East itself is about 2% of our sales
EUROPEAN OPEN: US reportedly approves some NVDA H200 chip sales for China; Sky advances talks for GBP 1.6bln ITV LN unit; TEF SM sales misses, affirms guidance; XPEV explores European factory with VOW3 GY; BRBY LN comps beat as turnaround gains traction
European Movers: Telefonica (TEF SM) +5.2%, ASML (ASML NA) +1%, National Grid (NG/ LN) +1.3%, Burberry (BRBY LN) -4.5%
UKMTO reports an incident 38 nautical miles northeast of Fujairah, UAE; vessel has been taken by unauthorised personnel whilst at anchor and now bound for Iranian territorial waters
Spanish Core Inflation Rate YoY Final (Apr) Y/Y 2.8% vs. Exp. 2.8% (Prev. 2.9%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Burberry (BRBY LN) - Q4 2026 (GBP): Revenue 2.42bln (prev. 2.46bln Y/Y), Adj. Op. Profit 160mln (prev. 26mln Y/Y). Retail comp sales +5% (exp. +4.6%). (Burberry)
National Grid (NG/ LN) - FY 2025/26 (GBP): Group Underlying Profit 5.68bln (prev. 5.22bln Y/Y), Underlying EPS 0.78 (prev. 0.73 Y/Y), Capital Investment 11.6bln (prev. 9.8bln). CEO: "We have delivered strong financial performance...setting the foundation to deliver compound annual growth rates across our five-year financial framework of around 10% asset growth and 8-10% underlying EPS growth." (National Grid)
Telefonica (TEF SM) - Q1 2026 (EUR): Revenue 8.13bln (exp. 8.14bln), Adj. EBITDA 2.84bln (prev. 2.80bln Y/Y), Operating Income 1.12bln (prev. 1.12bln Y/Y), affirms FY26 guidance and confirms EUR 0.15 dividend/shr in cash. Revenue grew 0.8% Y/Y, driven by the +1.1% Y/Y increase in service revenue, partially offsetting the -2.4% decrease in handset sales. (Telefonica)
ASML (ASML NA) / Chip - Companies react to reports that US approved around 10 Chinese firms to buy NVIDIA (NVDA) H200 chips.
Burberry's decline signals potential headwinds in the luxury segment, while ASML's reaction to U.S. approvals for NVIDIA chip sales could signal broader implications for the semiconductor market. Overall, market sentiment may reflect concerns over Burberry's results, contrasting with the positive guidance from Telefonica and National Grid.
Related headlines
- Newsquawk Daily European Equity Opening News - 9th September 20268 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)13 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results8 hours ago
- PRE-MARKET CHINESE STOCKS NEWS: China is to allow its USD 568bln social security fund to access the Southbound Bond Connect program13 hours ago
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%7 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal5 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 203013 hours ago
- Newsquawk Daily Asia-Pac Opening News - 9th September 202616 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 47 min ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging14 hours ago
- Newsqawk European Market Wrap - 9th September 202634 min ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks15 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs16 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies18 hours ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates11 hours ago
- Analog Devices (ADI) and Alif Semiconductor today announced a definitive agreement under which ADI will acquire Alif in an all-cash transaction for USD 1.35bln2 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war11 hours ago
- Crystler (STLAM IM/STLAP FP) files to recall over 200k US vehicles7 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent5 hours ago
- Newsquawk Daily US Equity Opening News: DOW weighs exit from $20b Saudi chemicals venture; GOOG to invest $15bln in Finnish AI infrastructure1 hour ago
The whole workspace, free to try.
Try it free