Additional European Equity News - 16th September 2026
European equities updates featured Assa Abloy's acquisition, Kalmar's equipment deal, Babcock's affirmed outlook, a Jefferies Buy initiation on KBC Group, alongside Barratt Redrow's guidance cut and WH Smith's margin pressures.
News detail
Assa Abloy (ASSAB SS) - Co. announces the acquisition of Paclock. The acquisition will be accretive to EPS from the start. (Assa Abloy) Babcock (BAB LN) - AGM Trading Update: Affirms FY26 outlook and medium-term guidance. (Babcock) Barratt Redrow (BTRW LN) - FY 2026 (GBP): Revenue 6.06bln (exp. 5.99bln), PBT 363.5mln (exp. 553.1mln). Lowers its FY27 total home completions to 17.5k-17.9k (prev. guided 17.7k-18.2k). (Barratt Redrow) Kalmar (KALMAR FH) - Co. agrees to supply 12 hybrid straddle carriers to ICTSI. (Kalmar) Tieto (TIETO FH) - Co. appoints Juuso Pajunen as CFO, effective January 1st 2027. (Tieto) WH Smith (SMWH LN) - Trading Update: Expects FY26 PBT and non-underlying items c. GBP 75mln, reflecting lower trading profit margins driven by increased promotional activity, a reduction in brand marketing and inflation headwinds, offset by central cost reductions and lower interest costs. (WH Smith) Aena (AENA SM) upgraded to Hold from Sell at Deutsche Bank Anheuser-Busch InBev (ABI BB) upgraded to Buy from Hold at Deutsche Bank Amadeus (AMS SM) upgraded to Buy from Hold at Deutsche Bank Campari (CPR IM) upgraded to Buy from Hold at Deutsche Bank KBC Group (KBC BB) initiated with Buy at Jefferies
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