JPMorgan raised its target for Marks & Spencer (LSE:MKS) to 450p and kept an Overweight rating, forecasting a c.400bp online margin boost from the Lichfield DC and lifting FY29 pre‑tax profit ~6%, as shares rose after M&S posted its fastest grocery sales growth since 2023.Previous Week Recap…
Valeo SE (EURONEXT:FR) reported H1 2026 sales of €10.38bn with a 5.0% operating margin and €105m net income, while outlining a full redemption of outstanding notes and plans to produce heavy-rare-earth-free electric drone motors in France from early 2027 to bolster supply resilience.Previous Week R…
Lonza Group AG (SIX:LONN) reported strong H1 2026 results with CHF3.4bn sales and a 34.8% CORE EBITDA margin, raised full-year margin guidance, reaffirmed 2026 growth, plans to sell CHI and execute a CHF500m buyback, and expects Vacaville to resume growth after 2028.Previous Week Recap…
Eurofins Scientific (EURONEXT:ERF) posted H1 2026 revenue of €3.7bn (organic +2.7%) with €302m net profit and strong FCF, while agreeing to buy Element Materials’ North America Life Sciences unit for $400m to expand lab capacity and add >$150m revenue potential.Previous Week Recap This…
Saipem S.p.A. (MIL:SPM) won a $260M drillship contract from Eni to start long‑term offshore Côte d’Ivoire work in early 2027 even as the EU opened an in‑depth probe into its proposed $4.86B merger with Subsea7 over subsea competition, decision due Nov. 26.Previous Week Recap This is an…
DNB Bank ASA (OSL:DNB) reported a robust 17.4% CET1 ratio in June 2026, driven by strong profitability, proactive capital management and high credit ratings, as it simultaneously moves to divest a subsidiary stake in Luminor Holding via DNB Baltic Invest, underlining strategic balance-sheet reshapi…
Compagnie Financiere Richemont SA (SIX:CFR) saw Q1 sales jump 20% YoY, led by Japan’s strong jewelry demand—Cartier and other brands boosted group revenue—while Cartier’s mix leans on mid‑range high‑volume items, with ultra‑luxury at ~15–25% and limited margin upside.Previous Week Recap…
Anglo American (LSE:AAL) reported flat Q2 copper at 173.2kt with costs trimmed to ~$1.45/lb as higher Los Bronces throughput offset weaker grades at Collahuasi and Quellaveco; iron ore and coal missed estimates while diamonds beat, and the group remains part of a US$53bn merger under Chinese review…
Renault SA (EURONEXT:RNO) said electrified vehicles accounted for 52.0% of its Europe sales in H1 2026—up 8.2 points—with BEVs at 18.8%, as Renault-brand volumes rose 2.6% while Dacia fell 8.1% and Alpine surged 69.1%.Previous Week Recap This is an AI-generated summary and may contain i…
Allianz SE (XETR:ALV) will buy HSBC Singapore’s life and health arm for S$2.7B, closing H1 2027 with a 15‑year bancassurance deal, S$0.2B upfront, modest solvency impact and under 1% EPS lift — as Günther Thallinger exits Dec 31, 2026, trimming the board to eight.Previous Week Recap Thi…
Unilever PLC (LSE:ULVR) agreed to sell its Foods arm to McCormick in a deal valuing the combined firm at over $65B including debt and keeping a NYSE listing while adding the LSE, targeting close by mid-2027; meanwhile Unilever plans price hikes to offset commodity and supply pressures, testing whet…
UniCredit’s growing stake in Commerzbank (XETR:CBK) has prompted higher profit targets and moves toward full consolidation, while Germany urges direct talks to protect SMEs, Frankfurt and staff as the state’s ~12% holding and divided supervisory board shape any EGM or approval path.Previous Week Re…
Associated British Foods (LSE:ABF) is cutting Primark prices up to 29% across hundreds of garments in 19 markets to spur sales ahead of a planned demerger, even as its British Sugar arm will close the Cantley beet factory next February due to low prices, high energy costs and shrinking volumes.Prev…
Intertek Group plc (LSE:ITRK) is set for a recommended cash takeover by Isotope Bidco under a court-approved scheme dated 15 July 2026, following an 18 June offer and with a shareholder vote pending; meanwhile, investor Lindsell Train reported no dealings or positions on 23 July 2026.Previous Week…
DSV A/S (OMXCOP:DSV) narrowed 2026 EBIT guidance to DKK 23.5–25.5bn, flags ~DKK 6.5bn of transaction/integration items and geopolitical risks, and despite quarter-on-quarter segment growth and on‑track Schenker synergies, weaker profit, cash‑flow drops and Road issues sent shares down ~14% after Q2…
LVMH (EURONEXT:MC) says weak yen and rising living costs spurred Japanese H1 2026 shoppers toward branded jewelry—benefitting Chaumet—while the group reshuffles leadership, naming Yann Musquin Managing Director of Fragrance Brands with no immediate financial impact disclosed.Previous Week Recap…
Ipsen SA (EURONEXT:IPN) said its Phase III BOLD trial of odevixibat in biliary atresia missed the primary endpoint for native liver survival, though safety matched approved use and an open‑label extension continues, as the company also corrected July 22 voting‑rights figures for June 30.Previous We…
Getlink SE (EURONEXT:GET) reported H1 2026 net profit of €118m (+7%) on €824m revenue (+13%) and Group EBITDA €404m (+12%), lifting FY EBITDA guidance to €835–870m as shares closed at €18.65, while Eiffage and Mundys now hold roughly 29.4% and 25.0% of shares respectively.Previous Week Recap…
Glencore (LSE:GLEN) faces a July 31 DRC deadline to meet a 2018 rule for 10% local ownership (5% for employees) as the decree awaits minor edits, while the miner plans to withdraw about 30,000 tonnes of LME lead amid record exchange stocks and rising warrant cancellations.Previous Week Recap…
Carrefour SA (EURONEXT:CA) posted H1 2026 net sales of €39.4bn (+2%) with recurring operating income €757m and adjusted net income €345m (€0.49/sh), while hotter weather drove a surge in cooling demand—200,000 units sold and 7m ice bags in one week—helping margins and cutting net debt €1.1bn.Previo…
