GSK (GSK LN) Q1 2026 (GBP) Adj. EPS 46.5p (exp. 43.2p), Turnover 7.63bln (prev. 7.51bln Y/Y), Gross Profit 1.87bln (prev. 1.93bln Y/Y); reaffirms 2026 guidance

GSK's Q1 results exceeded EPS expectations, reflecting strong performance in Specialty Medicines and a stable turnover growth year-over-year.

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Lloyds (LLOY LN) Q1 2026 (GBP): Statutory Pretax Profit 2.03bln (exp. 1.78bln), NII 3.56bln (prev. 3.29bln Y/Y), EPS 2.4p (prev. 1.7p Y/Y); reiterated guidance

TotalEnergies (TTE FP) Q1 2026 (USD): adj. Net 5.39bln (exp. 4.98bln), Cash Flow 8.6bln (prev. 7.2bln Q/Q), Net income 5.8bln (prev. 2.9bln Q/Q), adj. EBITDA 12.6bln (prev. 10.1bln Q/Q). To continue buybacks.

GSK (GSK LN) Q1 2026 (GBP) Adj. EPS 46.5p (exp. 43.2p), Turnover 7.63bln (prev. 7.51bln Y/Y), Gross Profit 1.87bln (prev. 1.93bln Y/Y); reaffirms 2026 guidance

Newsquawk Daily European Opening News - 29th April 2026

LG Electronics (066570 KS) Q1 2026 (KRW): Net 815.7bln (exp. 801.1bln), Operating profit 1.67tln, Revenue 23.7tln

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Others:

  • Speciality Medicines 3.2bln, Vaccines 2.1bln. Specialty Medicines +14% Y/Y; Respiratory, Immunology & Inflammation 0.9bln (+16%), Oncology 0.5bln (+28%), HIV 1.8bln (+10%). 
  • Vaccines +4% Y/Y; Shingrix 1.0bln (+20%), Meningitis vaccines 0.3bln (-3%), Arexvy 0.1bln (-18%). 

Dividend: 

  • Q1 2026 dividend of 17p declared; 70p expected for full year 2026. 
  • GBP 1.7bln executed to date as part of the GBP 2bln share buyback programme announced at FY2024. 

Guidance: 

  • Expect 2026 turnover growth of between 3% to 5%; Core operating profit growth of between 7% to 9%; Core EPS growth of between 7% to 9%. 
  • 2031 sales outlook of more than GBP 40bln. 
Context

The reaffirmation of 2026 guidance suggests confidence in ongoing revenue expansion, particularly with a solid growth outlook and share buyback initiatives, which could positively influence sentiment among investors as they weigh long-term prospects.

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