Ocado Group reported better-than-expected first quarter results. Nordex won an order to supply and install wind turbines in South Africa. Smiths Group launched a stock repurchase plan.
Belgian insurance company Ageas said it will not make a third takeover offer after Direct Line Insurance rejected two previous offers. Kingfisher issued a cautious outlook after annual profit fell sharply.
The Russian food retailer X5 Retail Group said net sales and profit increases were driven by strong comparable sales and new store openings. Secunet Securities issued a cautious 2024 revenue outlook. Heidelberg Materials proposed to increase the dividend by 15%.
European automakers advanced after passenger car sales jumped in February. Barclays plans to cut hundreds of jobs in its investment banking division. Next reiterated its current-year outlook. Centamin's annual gold production was in line with estimates.
Johnson Matthey agreed to sell its medical devices business to a private equity firm. Credit Agricole and Worldline formed a joint venture to provide digital payment services in France. Braemar reiterated its 2024 revenue and earnings outlook.
Close Brothers raised additional capital to bolster its balance sheet. Deutz reported annual revenue and earnings in line with market expectations. Fraport reported weaker-than-expected fourth-quarter results.
British American Tobacco launched a stock buyback offer after it raised cash from the sale of part of its stake in India-based ITC. Hannover Re reported rising pre-tax income and estimated improving sales in the current fiscal year.
Vodafone agreed to sell its Italian operations to Swisscom. Salzgitter reported a sharp decline in annual earnings. The Scottish Mortgage Investment Trust's board approved the stock buyback plan.
Hapag-Llyod issued earnings warnings for the current year. Lanxess reported a wider fourth quarter loss. Encavis received a takeover offer from a private equity group. EasyJet completed its secured bond offering.
Sandoz Group reported lower annual earnings in 2023. Volkswagen Group reported robust 2023 financial results. Advanced Medical Solutions agreed to acquire Peters Surgical.
Porsche lifted its dividend but cited lower profitability in the current year because of the launch costs of electric and hybrid vehicles. Wacker Chemie estimated a slight decline in 2024 sales and earnings.
Imperial Brands announced a stock repurchase plan. An Italian regional utility, A2A, acquired the electricity distribution business from a subsidiary of Enel. Marston's chairman announced his plan to step down later in the year.
Mondi, the paper and packaging company, agreed to acquire its smaller rival, DS Smith. HelloFresh lowered its core earnings outlook for the second time in five months. Currys confirmed the sale of its Greece and Cyprus retail operations.
The independent energy explorer swung to a pre-tax loss in 2023 after energy prices declined from a year ago. DHL estimated flat annual earnings this year. Symrise, the German flavor and fragrance company, reported better-than-expected annual core profit.
Swiss chocolate maker Lindt reported higher sales and earnings despite cost headwinds. German rolling bearing product maker Schaeffler reported a decline in annual earnings. UK-based baker Greggs reported higher sales and earnings and announced a special dividend.
