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Additional European Equity News - 12th August 2026

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Balfour Beatty raised its FY26 profit guidance following strong H1 results, while Tesco was downgraded to 'Hold' by Shore Capital amid broader market and sector adjustments.

News detail

Balfour Beatty (BBY LN) - H1 2026 (GBP): Revenue 5.56bln (prev. 5.15bln Y/Y), Underlying Pretax Profit 139mln (prev. 95mln Y/Y). Raises its FY26 PFO growth to low double-digit percentage (prev. guided high single-digit). (Balfour Beatty) Tesco (TSCO LN) downgraded to Hold from Buy at Shore Capital

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