Additional European Equity News

ADNOC, TotalEnergies (TTE FP), Eni (ENI IM) - ADNOC says it will proceed with a USD 6.2bln development of the offshore Unn Shaif Gas Cap, with production expected in 2030. (ADNOC)Compass (CPG LN) - Q3 Trading Update: Group organic revenue growth 7.1%, client retention 96%. Affirms its FY26 guidance, sees underlying operating profit growth above 11% and organic revenue growth around 7%. (Compass)Covivio (COV FP) - H1 2026 (EUR): Adj. EPRA profit 282.4mln (prev. 263.2mln Y/Y), Revenue 349.3mln (prev. 356.7mln). Affirms FY26 guidance. (Covivio)Fortum (FORTUM FH) - Q2 2026 (EUR): Revenue 1.12bln (exp. 1bln), EPS 0.12 (exp. 0.15), Adj. EBITDA 185mln (exp. 209mln, prev. 191mln Y/Y). (Fortum)Leonardo (LDO IM) - The Helicopter Company has ordered 11 Leonardo helicopters, with delivery between 2027 and 2028. (Leonardo)Mitie (MTO LN) - Q1 2027 Trading Update (GBP): Revenue 1.41bln (prev. 1.28bln Y/Y), contract wins and renewals 1.6bln. Co. agrees to a GBP 3.1bln cash acquisition by OCS at up to GBP 2.216/shr, expected to be complete in Q1'27. As a result, Mitie is suspending its GBP 100mln share buyback programme. (Mitie)Segro (SGRO LN), Prologis (PLD) - Prologis says they are ready to engage constructively with Segro and that no certainty of an offer will be made. (Prologis)Richemont (CFR SW), Swatch (UHR SW) - Swiss Watch Exports (Jun) 11.2% (prev. 0.4%).  Unilever (ULVR LN), McCormick (MKC) - UK CMA invites comments on McCormick's acquisition of Unilever's foods business, with the deadline of August 5th. A formal investigation is yet to be launched. (Gov.uk)Aena (AENA SM) upgraded to Overweight from Equal Weight at BarclaysLeg Immobilien (LEG GY) upgraded to Equal Weight from Underweight at Morgan StanleyZurich Insurance (ZURN SW) initiated with Outperform at RBC