Headlines

European Pre-Market Summary 21st October 2026: European bourses set for a slightly firmer open with focus on several key earnings

Newsquawk Staff ·

Earnings

  • Adidas (ADS GY): Reported Q3 results which saw the Co. beat on Op. Profit and Sales. The Co. also lifted its FY26 Op. Profit guidance.
  • Deutsche Boerse (DB1 GY): Reported a strong set of Q3 results, and raised its FY26 outlook.
  • Carrefour (CA FP): Reported Q3 results, where Revenue was in-line. The Co. did lower its FY26 guidance, citing deteriorating consumption trends and operating conditions in France.
  • EssilorLuxottica (EL FP), -2.3%: Reported Q3 results which saw Revenue top expectations, and at a faster pace than the consensus. Co. said it plans to deliver a solid growth of its total revenue and a broadly aligned growth of the adjusted operating profit over the next five years.
  • Akzo Nobel (AKZA NA): Reported Q3 results, which was softer in both Revenue and Adj. EBITDA, though Op. Profit was in-line.

Stories

  • BNP Paribas (BNP FP): Belgium's government faces internal pressure to sell its 5.7% stake in BNP Paribas, valued at approximately EUR 5.4bln, according to Bloomberg.

Broker Moves

  • Standard Chartered (STAN LN) upgraded to Overweight from Equal Weight at Barclays
  • Carrefour (CA FP) downgraded to Equal Weight from Overweight at Morgan Stanley

Related headlines