Additional European Equity News - 29th October 2026

Aixtron (AIXA GY) - Q3 2026 (EUR): Revenue 183.6mln (prev. 119.6mln Y/Y), Net Income 35.4mln (prev. 13mln Y/Y), EPS 0.31 (prev. 0.11 Y/Y), FCF 127.8mln (prev. 39.2mln Y/Y). Confirms FY26 guidance. (Aixtron) Carlsberg (CARLB DC) - Q3 2026 (DKK): Revenue 25.3bln (exp. 25.1bln), Organic Beer Volumes -3.5%, Total Organic Volumes +0.3%. Maintains its FY26 expectations. CEO: “The Group delivered robust revenue growth in Q3, reflecting good momentum in many markets and the resilience of our multi-beverage portfolio, which more than compensated for the challenging trading environment in China.” (Carlsberg) DNO (DNO NO) - Q3 2026 (USD): Revenue 1.02bln (exp. 0.8bln), EBIT 641mln (exp. 484mln). Net production +61%. Approved a NOK 0.375/shr quarterly dividend (prev. 0.375/shr). In Kurdistan, considering contracting a third large rig. (DNO) Elis (ELIS FP) - Q3 2026 (EUR): Revenue 1.324bln (prev. 1.248bln Y/Y, +6.1%), Organic Revenue Growth +3.5% Y/Y (prev. +3.2% Q/Q), acquisitions contributed +1.5% and FX +1.1%. FY 2026 guidance confirmed: organic revenue growth slightly below 2025's +3.8%, Adj. EBITDA and Adj. EBIT margins expected to improve slightly. (Elis) FTSE 100 ex-dividend - Balfour Beatty (BBY LN), JD Sports Fashion (JD/ LN), and Whitbread (WTB LN) will trade without entitlement to their latest dividend payouts. (dividenddata) Glencore (GLEN LN) - Q3 Production Report: Copper 201.6kt (prev. 197.4kt Q/Q), cobalt 3.5kt (prev. 4.4kt Q/Q), zinc 181.6kt (prev. 188.7kt Q/Q), lead 38.9kt (prev. 42.6kt Q/Q), nickel 18.8kt (prev. 18.6kt Q/Q), gold 94koz (prev. 100koz Q/Q), silver 3,992koz (prev. 4,437koz Q/Q) and chrome ore 906kt (prev. 817kt Q/Q). Maintains its FY26 production guidance. (Glencore) Haleon (HLN LN) - Q3 2026 (GBP): Reported Revenue 2.87bln, +2.5%; Organic Revenue Growth +2.6%. Expects FY26 organic revenue growth around 2.5% and adj. Operating profit in the high-single digit growth at constant currency. Announces the start of a GBP 500mln share buyback programme. (Haleon) Henkel (HEN3 GY) - Q3 2026 (EUR): Sales 5.713bln (+11.0% Y/Y), Organic Sales Growth +6.5% Y/Y, Adhesive Technologies Sales 3.027bln (+7.9% organic Y/Y), Consumer Brands Sales 2.643bln (+4.8% organic Y/Y). FY 2026 organic sales growth guidance raised to 3.0–4.0% (prev. 1.5–3.5%), Adj. operating margin expected around 15%, Adj. EPS growth expected mid-single-digit at constant FX. (Henkel) IMI (IMI LN) - Q3 Trading Update: Expects FY26 Adj. EPS between GBP 1.37-1.43 (prev. guided 1.36-1.42), reflecting the additional contribution from Truflo Marine. Remains on track to deliver sixth consecutive year of mid-single-digit organic revenue growth. (IMI) Lloyds (LLOY LN) - Q3 2026 (GBP): Statutory Pretax Profit 2.33bln (exp. 2.29bln), Underlying NII 3.81bln (exp. 3.83bln), Other Income 1.69bln (exp. 1.70bln), Net Income 5.07bln (exp. 5.11bln), Operating Costs 2.37bln (exp. 2.40bln), Net Profit 1.71bln (exp. 1.67bln), CET1 Ratio 13.3% (exp. 13.4%). Says they are on track to meet 2026 guidance. (Lloyds) MTU (MTX GY) - Q3 2026 (EUR): Revenue 2.42bln (prev. 2.13bln Y/Y), Adj. EBIT 349mln (exp. 336.5mln). Raises and narrows its FY26 adjusted revenue guidance to EUR 9.5-9.7bln (prev. guided EUR 9.2-9.7bln), driven primarily by commercial maintenance and spare parts businesses. (MTU) Naturgy (NTGY SM) - 9M 2026 (EUR): Sales 15.4bln, Pretax Profit 2.73bln. (Naturgy) Neste (NESTE FH) - Q3 2026 (EUR): Revenue 6.55bln (exp. 5.66bln), Adj. EBITDA 1.56bln (exp. 1.21bln). Expects FY26 Renewable Products sales volumes to remain broadly in line with FY25, while Oil Products sales volumes are forecast to decline Y/Y due to a planned maintenance turnaround. (Neste) Shell (SHEL LN) - Q3 2026 (USD): Adj. Profit 10.814bln (exp. 10.23bln), Adj. EPS 4.03 (exp. 3.97), Adj. EBITDA 22.736bln (prev. 20.710bln Q/Q), Operating Cash Flow 21.043bln (prev. 21.432bln Q/Q), Free Cash Flow 16.3bln (prev. 17.5bln Q/Q), Net Debt 39.7bln (prev. 41.8bln Q/Q). Gearing 16.6% (prev. 18.7% Q/Q), refining margin USD 42/bbl (prev. USD 24/bbl Q/Q). Earnings supported by record refining margins and higher LNG prices. Announces USD 5bln share buyback programme, FY 2026 CAPEX guidance USD 23–25bln. (Shell) Sobi (SOBI SS) - Co. announces that its late-breaking data from the pivotal Phase 3 REDUCE-2 study of pozdeutinurad met its primary endpoint, showing clinically meaningful and durable serum urate lowering. (Sobi) St James’s Place (STJ LN) - Q3 Trading Statement (GBP): Gross Inflows 5.15bln (prev. 5.70bln Y/Y), Net Inflows 0.57bln (prev. 1.76bln Y/Y). (St James’s Place) Technip Energies (TE FP) - 9M 2026 (EUR): Revenue 5.6bln (prev. 5.4bln), Recurring EBITDA 384mln (prev. 478mln), Recurring EBITDA Margin 6.9% (prev. 8.8%), Order Intake 14.1bln (prev. 3.36bln). FY Segment Guidance: Project Delivery Revenue 5.7-6.3bln. (Technip) TotalEnergies (TTE FP) - Q3 2026 (USD): Adj. EPS 4.03 (exp. 3.97), Adj. Net Income 9.10bln (exp. 8.9bln), Adj. EBITDA 17.81bln (prev. 13.2bln Q/Q). Authorises share buybacks of USD 2.5bln in Q4. Maintains interim dividend at EUR 0.90/shr. Confirms planned investments for 2026 of around USD 15bln. CEO: “Oil & Gas production reached 2.474 Mboe/d in the third quarter, up more than 3% quarter-to-quarter, notably benefiting from a lower impact of the Middle East conflict, limited to only around 5% of the Company’s overall production over the quarter on average. Excluding the Middle East impact, production growth exceeds 4% year-on-year, supported by the ramp-up of projects launched since 2025.” (TotalEnergies) Vonovia (VNA GY) - 9M 2026 (EUR): Adj. EBITDA 2.190bln (prev. 2.118bln Y/Y), Adj. EBT 1.410bln (prev. 1.460bln Y/Y), Adj. Shareholder Earnings 1.120bln (prev. 1.201bln Y/Y). FY 2026 organic rent growth guidance cut to around 3.8% (prev. around 4%), Adj. EBITDA expected in bottom half of 2.95–3.05bln range. 2028 organic rent growth target cut to around 4.5% (prev. around 5%), Adj. EBITDA targeted at lower end of 3.2–3.5bln range. Higher financing costs and weaker transaction activity weighing on outlook. (Vonovia) WPP (WPP LN) - Q3 Trading Update (GBP): Revenue 3.27bln, +0.5% Y/Y; Revenue less pass-through costs 2.41bln, -2% Y/Y. Continues to expect LFL revenue less pass-through costs down low to mid-single digits in H2, with Q4 towards the better end of this range, and expect FY headline operating margin to be in the range of 12% to 13%. (WPP)