Europe Movers: Heidelberg Materials, Intercontinental Hotels, Mondi, Next, Siemens Energy

Siemens Energy reported strong second-quarter results, and the energy technology company announced a split of its business in India. Heidelberg Materials reported higher revenue in the first quarter.

Europe Movers; Audi, Ferrari, Fresenius Medical, MTU Aero, Phillips, Vestas

Audi said vehicle unit sales increased, driven by higher demand for electric vehicle deliveries. Phillips’ net income swung to a profit. MTU Aero Engines reported strong quarterly results.

FMS RACE

Europe Movers: Mercedes Benz, NatWest Group, Pearson

Mercedes Benz reported weak quarterly results, and the company retained a cautious outlook. Pearson said sales were slightly higher, mainly supported by its higher education segment. NatWest’s profit surged 36% in the latest quarter.

Europe Movers: Airbus, Barclays, Société Générale, TotalEnergies, Volkswagen, Whitbread

Volkswagen reported sharply higher electric vehicle sales in the first quarter, but earnings plunged. TotalEnergies released weak quarterly results. Airbus reported strong sales and earnings in the latest quarter.

Europe Movers: Adyen, Atlas Copco, DHL, Kone, UBS

UBS guided further decline in net interest income in the current quarter. Adyen said revenue jumped 22% in the first quarter. Kone posted strong sales and earnings.

UBS

Europe Movers: Adidas, BP, Deutsche Börse, HSBC, Lufthansa, Novartis, Porsche, Schneider Electric, Volvo

Adidas reported strong quarterly results and issued positive guidance. BP’s sales and earnings slumped in the latest quarter. Volvo and Porsche reported weak first-quarter results.

HSBC

Europe Movers: Vivendi

Vivendi said revenue in the first quarter increased, and the French media company reported a significantly lower net debt.

Europe Movers: Aéroports de Paris, Carrefour, Nokia, Nordex, SAAB, Safran, SKF Group, WPP

Aéroports de Paris said sales jumped in the first quarter, driven by traffic growth and increased airport fees. Carrefour reiterated its cost-savings plan. Nokia swung to a loss in the latest quarter.

Europe Movers: Delivery Hero, Kering, Kuehne Nagel, Nestlé, Renault, STMicroelectronics, Unilever

Kering said first-quarter sales declined, as the Gucci brand owner closed a number of stores in different locations. Nestlé reported higher quarterly sales. Renault missed analyst expectations, although sales in Europe advanced.

Europe Movers: Danone, Just Eat, SAP, Volvo, Vopak

SAP swung to a profit in the first quarter and reiterated its stock repurchase program. Danone said comparable sales jumped in the latest quarter, but sales in North America declined. Volvo’s sales and profit slumped.

Europe Movers: Antofagasta, Deliveroo, Hermes, L’Oréal, Rentokil, Sainsbury’s, VAT Group

L’Oréal sales jumped in the first quarter, helped by progress in Europe and emerging markets. Sainsbury reported strong annual results and raised its dividend.

Europe Movers: ABB, Brunello Cucinelli, Ipsos, Moncler, Pernod Ricard, Pluxee, Sandvik, Wise

ABB plans to spin off its robotics business after completing a strategic acquisition in China. Sandvik reported strong first-quarter results. Brunello Cucinelli reported double-digit growth in revenue in all key regions.

Europe Movers: ASML, Heineken

ASML reported strong first-quarter earnings, and the Dutch advanced equipment maker to the semiconductor industry raised its annual dividend by 5%. However, first-quarter order bookings lagged expectations.

ASML

Europe Movers: Ashmore, Ericsson, LVMH, Publicis Groupe, Sika

LVMH reported lower revenue in the latest quarter despite strong sales in the China. Ericsson posted strong first-quarter results. Sika confirmed its 2025 outlook but highlighted increased market uncertainties from potentially prolonged trade conflicts.

Europe Movers: Fraport, Gerresheimer

Fraport reported slightly lower passenger traffic in March, and the airport management company said Frankfurt airport's seat capacity is set to expand by 5% in summer. Gerresheimer swung to a loss in the first quarter but guided for higher revenue and earnings in 2025.

Europe Movers: Flughafen Zuerich

Flughafen Zuerich reported an increased number of monthly passengers at Zurich Airport, but total turnover in March was down 5.4% versus the same month a year ago.