CS
AMS +2-3% Positive read from Apple numbers, Apple +6% after hours
Aggreko +1-2% FY guidance remaining unchanged, $10m bad debt provision
Arkema +2% EBITDA ahead, raise guidance
Assa Abloy M/P Announces small acquisition in India
Axel Sprng +1-2% 1H Revs 1.695vs FY cons 3.45bln, small raise to guidance
BAE Sys +2% H1 Sales GBP 9.57bln est GBP 9.07bln, performance inline
CommerzBank -2-3% 2Q Loss of EU637M Versus Estimates for EU547M
Dialog Semi +2-3% Positive read from Apple numbers, Apple +6% after hours
Dignity M/P H1 revs inline, keep FY guidance
DSV +2-3% Q2 EBIT ahead, upgraded FY EBIT guidance
Essity UNCH CS INITIATE with NEUTRAL (Valuation)
Generali +1% H1 Oper Profit 3% ahead of cons, better P&C
Hugo Boss +3-5% Q2 sales 2% beat, EBITDA 2% beat
Intertek M/P CS UPGRADE to NEUTRAL (geopolitics and margin)
ING Group -1-2% Q2 net 3% ahead of cons, cost miss, capital inline
Leonteq +1-2% CS DOUBLE UPGRADE to OUTPERFORM (Growth outlook)
Lufthansa +1-2% No's out but did pre-release, Q3 bookings better
Lundin Pet +2-3% Production beat and production guidance raise
Miners -0.5% Copper -0.05%, Brent +0.15%, Iron Ore -0.40%, China +0.30%
Natixis +2-3% Q2 net profit of €487m cons €390m, CET1 better
Ontex +1% CS INITIATE with OUTPERFORM (Shift to branded)
Ramirent M/P Sales slightly light, keep FY guidance
Rio -2-3% 1H underlying profit $3.9B est $4.26B, guidance unchanged
RSA Ins +1% H1 Oper. Profit of £360m, 6.5% ahead of 338m cons
Ryanair +1-2% Traffic stats - load factor +1% to 97%
Smurfit -2-3% EBITDA 292m Cons 292m, raw material costs up
Soc Gen UNCH Q2 net inline, underlying beat, CET1 slightly better
Tecnicas Reun +1% CS UPGRADE to OUTPERFORM (Oversold)
Telenet +1-2% EBITDA 2% beat, reiterate FY guidance
Travis Perk UNCH Numbers slightly light and outlook mixed
Vonovia +1% EPRA NAV ex Goodwill +7.6% to EUR 33.10 vs CSe 33.3
Will Hill +1-2% Online better, gaming strong, winning market share
MF
*CBK-Q2 NII 1.24b(1.25),LLP 167m(195),OP 189m(226),EBT -624m(-538)...-3.5%
*ARKEMA-Q2 Sales 2.198b(2.178),Net 160m(160),FY Ebitda +2.3%.........+2%
*ING-Q2 PT 1.99b(1.83),PFT 1.37b(1.35),CET1 14.5%,Div 24c............+1%
*VONOVIA-H1 Rent 833.2m,FFO 457.7m,Q3 Ebitda 332.7m(315),o/l ok......+0.5%
*SOG GEN-NI 1.06b(1.06),Provs 300m,Equities -3.3%,FICC -6.8%.........-2%
*NATIXIS-PT 748m(624),CIB strong,Net Rev 2.41b(2.22),CET1 11.3%......+2%
*BOSS-Q2 Sales 636m(621.5),Ebitda 107.7m(105.8),Margin ok,SI 5.5%....+2%
*TELENET-Q2 Ebita 303m(297.3),Rev 622.3m(623.7),B/B up2 1.1m shs.....+1%
*GENERALI-NI 1.22b(1.16),OP 2.59b(2.5),Solvency Ratio 188%...........+1%
*DSV-Q2 Rev 18.92b(18.74),OP 1.24b(1.19),Net 828m(855.5),1b B/B......+1%
*LUNDIN-Q2 Ebitda 333.5m(315.2),Rev 464.6m(376.5),Reserves up........+2%
*SPRINGER-Sales 863.8m(845),Ebitda 202.4m(159),Net 91.4m(74).........+4%
*LUFTHANSA-Reaffirms FY f/c,Sees pft growth on Eurowings/Cargo.......+2.5%
*SGS-Two acq's one in Italy(Revs 4.5m) & Netherlands(Revs €3.9m).....+0.5%
*ELMOS SEMI-Q2 finals,pre-released 25/7,outlook ok,FCF -ve...........+0.25%
*KUKA-Q2 Sales 1.01b(844),Ebit 45.5m(43.4),Margin 4.5%(5.1)..........+1%
*P/VAC-Q2 Sales 139.3m(138),OP 14.6m(20),Order backlog +ve...........-1.5%
Shore
AGGREKO - H1 revs +16% £792m,PBT -10% £63m,margins lower,FY g'dance unch.....-1%
AG BARR - strong H1 performance,revs +8%,higher input costs,FY inline........+1%
NOVAE - written premiums +16.7%,offer from Axis expected to complete in Q4..UNCH
RSA - premiums +11% £3.4bn,op.pft +15%,record combined ratio of 93.2%........+2%
DIGNITY - H1 rev 169.8m.Group expectations for full year remain unchanged...UNCH
BAE - H1 sales 9.57b(Est9.07b).H1 performance consistent with guidance.......+1%
WILLIAM HILL - H1 op pft 129.5m.Confident of good outturn in 2017............+1%
TRAVIS PERKINS - H1 revs a miss.Plumbing&heating unit has under-performed....-5%
DEVRO - H1 revs 125.2m.Ebitda 30.8m.Views for fy remains unchanged..........UNCH
RIO TINTO - H1 u'lying profit $3.9bn vs est $4.26bn,up's int.divi to $1.10...+1%