CS
Adidas -1-2% CS downgrade to NEUTRAL (lack of brand momentum)
Altran M/P Revs €790m v est €799m, balenced across geographies
Anglo Am M/P Production broadly inline. FY guidance retained
Assa Abloy R 1Q sales SEK21.51B est SEK21.29B
ASM Int +3-4% Numbers better, guidance raised
Axfood +3-5% EBIT +10% vs cons, continue to take market share
Barclays -1-2% 1Q CET1 ratio 13% est 13.2%, op income light
Bayer +2-3% Sales EU13.02bln est EU12.57bln, outlook confirmed
Bic -10% Net sales €415.4m cons 420.5m, margins weak
Bucher UNCH Sales CHF 824m, orders CHF745m, order intake in line
Carrefour +2-3% 1Q sales EU20B est EU20B, LFLsales growth +2.7%
Coface +2% Revs +6.7% compared to Q1-2018, positive net production
Covivio +1-2% 1Q Like-for-Like Revenue Rises 3.3%, occupancy at 98.1%
Del Hero +1-2% Revs EU1.10b to EU1.20b, saw EU1.08b to EU1.15b
Dialog Semi +5-7% Guides higher, shifting away from shrinking Apple exposure
Essity +2% 1Q revs SEK30.66b v cons 29.9b, organic rev ahead
Evolution +3-5% 1Q operating revenue 79.3m cons 72.8m, margin at higher end
Gjensidige +1% Q1 PBT inline, Topline growth of +1.2% YoY
Hermes +1-2% Q1 Sales small ahead. LFL +11.6% cons +10.2%
Iberdrola +1% 1Q EBITDA EU2.6B est EU2.5B
Kaz +1-2% Confirms 2019 targets as 1Q copper output up 4%
Kion +2% Beat across all three lines of its business
K&N -2% EBIT CHF242m est CHF234m, cuts air/seafreight
Meggitt +1-2% Expect strong rev growth in 2019
Michelin +1-2% Q1 sales 2% beat, confirms 2019 guidance
Miners UNCH Copper +0.2%, Brent +0.30%, Iron Ore +0.80%, China -0.70%
Nokia -5-7% Margins 32.5% vs 39%, re-iterating FY
Peugeot UNCH Revs inline, outlook for 2019 unchanged
Pfeiffer Vac -10% Q119 sales €154m cons €167m, confirms FY
RBS -1% CEO Ross McEwan has resigned
Relx M/P Business trends in 2019 consistenet with FY18, outlook unch
Sainsbury R UK regulator blocks Sainsbury/Asda merger
Senior -1-2% Q1 trading period in line with expectations
SKF +3-4% Sales inline, op profit 10% ahead, margins ahead
Swed Orphan -3-5% Revs SEK3.27b cons 3.46bn, gross margin Q1 73.6% cons 75%
Swedbank -1-2% 9% Pre tax profit beat, NII and fees 1% miss
Synthomer M/P Q1 in line with expectations
Taylor Wimp -2% Sees volumes higher than FY18 but margins lower
Teleperf M/P 1Q revs EU1.27B est EU1.26B, confirms targets
Telia -1% Q1 Net sales SEK 20.85b est SEK 21.07b, Outlook re-iterated
UBS +2% Q1 net of $1141m cons $902m, PBT ahead, CET1 better
Unibail +1-2% Sales +2.7% across Continental Europe and +2.8% in the UK
Wacker Chem -2% EBITDA 142m Cons 171m, reiterate FY19 guidance
Wartsila -2-3% Q1 Orders -6.5% miss, revs -3.5% miss, EBIT inline
Wirecard R Reaffirms profit forecast amid accounting concerns
Worldline M/P 1Q organic growth of 6.2%, confirms FY targets