CS
ALD Int M/P Total fleet inline and guidance reiterated
Andritz -4-5% Sales 6.5% light, revised sales forecast lower
Easyjet +0.5% Traffic stats - load factor 96.8% vs 95.8% in July
Erste +1-2% Q2 NI E362.5m est E339.6m, beat driven by lower loan loss
Gas Nat +1-2% Announced disposal of a minority stake in gas distro biz
Gea Group +3-5% Oliver Capital said in statement its stake reached 3.002%
Harg Lans -5% FCA intends to reassess capital requirements
Lonza M/P Acquires Micro-Macinazione
M&C +1-2% PBT £64m vs our ests £55m, driven by property gains
Merlin Ent +2-3% PBT inline and LFL's fine
Miners UNCH Copper +0.15%, Brent -1.55%, Iron Ore +0.40%, China +0.10%
Munich Re -1-2% Negative read from Swiss Re's numbers
Pearson +2-3% H1 op profit 107m vs 65m, Outlook for 2017 unchanged
RBS +2-3% Revenues and provisions ahead, balance sheet strengthens
Swiss Re -3% H1 Group Net Income 10% below cons, higher losses
Tod's +2% H1 sales inline, EBITDA inline
MainFirst Pre Mkt Indications
*MEDIOBANCA-Q4 Rev 538.8m(548.8),NI 136.3m(112),Div 37c(31)........+1%
*SWISS RE-Prem's 18.15b(18.4),Net 1.2b(1.34),mkt remains tough.....-4%
*TOD'S-H1 Rev 483m(482.5),NI 34.7m(34.7),Ebitda 75.7m(76.07).......-2%
*INTERROLL-H1 Ebit 20.5m(23.7),Sales 203.3m(198.9),Ebitda 29.6m....+1%
*VICAT-Sales 1.25b(1.24),Ebitda 188m(198),Ebit 86m(98),upbeat FY...-1%
*GAS NAT-To sell 20% of Spain distrib unit for €1.5bln.............+0.5%
*AXEL SPRINGER-ABB via Bofa,from Gen Atlantic,2.23m shs @ €54.5....-2%
*ADIDAS-Skechers losses bid to dismiss Adidas tradedmark claims....+0.25%
*ANDRITZ-Rev 1.39b(1.5),Net Inc 68.7m(68.5),Ebita 109.9m(98.5).....-1%
*ERSTE-NI 362.5m(339.6),Rev 1.68b(1.66),NII 1.09b(1.07),OP 690m....+1%
*GEA-Albert Frere & Desmarais disclose 3% stake,ADR +2.5%,SI 10%...+5%
*LONZA-Acquires Micro-Macinazione,no financials disclosed..........U/C
*ALLIANZ-Q2 Rev 30b(28.79),OP 2.93b(2.68),P&C Prems 11.7b..........+0.5%
*EASYJET-12m passengers 78.8m,Load Factor 92.2%,July 8.1m/96.8%....+1%
*CBK-Govt may sell stake after elections own 15.45%,SI 1.4%........-0.25%
Shore
PEARSON - H1 op pft 107m.Divi 5p.Outlook for 2017 remains unchanged.........+1%
MERLIN - Sees Fy profits in line with current expectations..................UNCH
RBS - Op pft 1.69b.Retains 2017 guidance.To be profitable in 2018...........+1%
RPS - strong H1 results,sees FY modestly exceeding mkt expectations.........+5%
EASYJET - July passengers +8.9%,load factor +1.1pp..........................UNCH
MILL' & COP' - RevPar+15.9%.PBT+12.5%,profit pressure on NY and N.Asia op's.-1%
FBD - written premiums +4.9%,PBT €11.9m swings to back in the black.NAV 688c.+2%
YOUGOV - FY trading now seen to be ahead of previous expectations...........+8%
HARG.LANSDOWN - increased capital requirements by FCA,no special divi.......-5%