BofA-ML
* LADBROKES - Apollo, Cerberus and Anchorage sell c90m shrs at 123.5p/share....
NOVOS - 2Q EPS 4.01 ahead of cons 3.86 and FY16 EBIT guidance raised (272)..+4%
VOESTALPINE - Very good with EBIT +17% v cons. FY guidance maintained (44.7)+2%
AGEAS - Headlines better & announce EUR200m shr buyback (2.5% mkt cap) (40).+2%
EON - NI +22.7% and EBIT +14.6% beat. Perf inline/ ahead across divs (8.9)..+1%
AHOLD - Sales small beat, EBIT 2.3% above cons. FY guidance is unchanged(18)+1%
VODAFONE - We UPGRADE to Buy. Indian deal materially de-levers the co (228).+1%
WORLDPAY - Solid, Vantiv merger agreement confirmed, secondary listing (385)+1%
L&G - Longevity release boosts results,u/l 5% ahead on annuities strain(279)+1%
SCOUT 24 - Solid nos, decent EBITDA beat of 4.5%. FY guidance unchanged (32)+1%
ATOS - Positive read from DXC results o/n (+3% after hrs) on EPS beat(129)+0.5%
SBMO - Mixed nos. Operational perf sound, rev 8% miss, EBITDA 10% beat (15).u/c
UNILEVER - Annoucement to buyback last remaining pref shrs for EUR450m (49).u/c
ABN - Q2 fee disappointment offset by provision and capital beats (24.9)....u/c
MINERS - Copper +0.4%, Iron ore fut -0.7% with BHP OZ +0.65%, RIO OZ +0.8%..u/c
G4S - Sales inline, EBITDA 2% beat v cons. Net debt inline with BAML (331)..u/c
SPIRAX - Sales and op profit beating cons by 2% & 6% respectively (5575)....u/c
SYMRISE - Poor with sales -1% miss with LfL growth at 5% v cons on 5.3% (59)-1%
BRENNTAG - Profit inline but EBITDA a 2% miss. FY guide implies 3% d/gs (48)-1%
MUNICH RE - Beat on tax 1-off and low large losses. U/lying is inline (184).-1%
SWATCH - Fossil -21% after hours and swiss franc -79bps from EU close (386).-2%
Shore
SPIRAX-H1 rev 428.6m(Est420.5)H1 op pft 101.2m.Divi 25.5p...................+1%
G4S-Fy17 rev growth in line.H1 adj rev 3.72b.Divi 3.59p....................UNCH
INTERSERVE-H1 rev 1.65b.H1 ptp 24.9m.Outlook for current year unchanged....UNCH
HASTINGS-H1 written premium 462m.H1 net income 66.9m........................-1%
STOCK SPIRITS-H1 revs 119.8.H1 pft 11.7m +23%.Says well placed..............+1%
SPIRAX-SARCO-H1 revs beats estimates.Continue to make progress in 2017......+1%
PREMIER FOODS-Names Keith Hamill as Chairman...............................UNCH
WORLDPAY-Vantiv agrees to buy Worldpay.Will seek secondary LSE listing......MKT
WETHERSPOONS-Announce share buy back for cancellation ......................+1%
LEGAL & GENERAL-AUM £951 from £841 sees good momentum across business .....+1%
CS
ABN +1-2% Underlying performance robust, beat on capital
Ageas +2% Combined ratio and better margins in Belgium
Ahold Delhaiz +1% Q2 Adj operating profit EU626 mln est EU614.9mln
Banks -1% US 10 year yields closed at the lows and sector weak in US
Brenntag -3% H1 Sales 2% ahead, Operating EBITDA 1.5% light
Carlsberg -1% ABI merging Russian & Ukraine biz with Anadolu Efes
Corbion M/P Top line inline, guidance unchanged
Danone -1% Peer Dean Food fell as much as 21% on lower milk demand
E.ON +2% Adj Net 881mn vs cons 744mn, confirming FY forecast
G4S +2% PBITA £235m vs cons £230m, EPS 4% ahead
Hastings M/P Operating profit 1% ahead, Net profit a 4% beat
Leoni M/P Reports Q2 NI at EU58.7m, already pre-released on 27 July
Lundbeck +2% Q2 revs DK4.28bn vs cons DK4.23bn, FY guidance raised
Miners -0.5-1% Copper +0.10%, Brent -1.00%, Iron Ore -0.70%, China UNCH
Oils +0.5% US API data showed a draw of 7.8m barrels vs 1.8m draw
Munich Re +1% Q2 Oper Profit 12% ahead of cons, net income 9% better
Novo Nordisk +2% Q2 Sales DK 28.64bln est DK 28.41bln, Guidance tightened
SBM Off +2% H1 Revenue 4% light, Adj EBITDA 14% beat
Scout24 +3% EBITDA 6% ahead, IS24 membership flat
SGL Carbon +5% Signs agreement to sell cathodes,linings, carbon elec biz
Spirax M/P Revs £428m vs cons £420.5m, confident of progress in FY17
Symrise -1-2% EBITDA 6% below CS, organic growth 5% vs our number 5.7%
Voestalpine +1-2% EBIT €329m ahead of cons €285m, guidance strong
Worldpay R Vantiv agrees to buy Worldpay
MF
ABN-NI 960m(762),Pft 960m(573),Op Inc 2.49b(2.21),CET/Div good.....+2%
*EON-H1 NI 881m(744.7),Increases Dividend payout ratio to +65%......+1%
*AHOLD-Adj OP 626m(614.9),NI 355m(409),Rev 16b(16),FY FCF 1.6b......+1%
*BRENNTAG-Q2 Sales 3b(2.93),Ebitda 219.8m(222.9),FY Ebitda lite.....-3%
*LUNDBECK-Q2 Rev 4.28b(4.23),Ebit 1.05b(980.2),FY Ebit upgrade......+2%
*SCOUT24-H1 Rev 233.4m(234),Ebitda 122.8m(118),Reits FY.............-1%
*SYMRISE-H1 Sales 1.52b(1.52),Ebitda 322.9m(327.2),FY margin 20%....-1%
*NOVO NORDISK-Q2 Sales 26.64b(28.41),Ebit 13.39b(12.73),FY lower....+1%
*MUNICH RE-Q2 OP 1.16b(1),NI 729m(647),CR 93.9%,FY Pft 200-250m.....+1%
*FREENET-Q2 Rev 839.2m(834.2),Ebitda 108.4m(107.4),FY Ebitda ok.....+0.5%
*GRAMMER-Q2 Rev 450m(448),Ebit 21.5m(23.1),Confirms guidance........-0.5%
*JENOPTIK-Q2 Rev 184.7m(183),Ebit 18.2m(18.1),Net 14.2m(14),FY lite.-2%
*KOENIG & BAUER-Rev 280m(287),Ebit 11.3m(15),Margin 4%(5.2),FY ok...-0.5%
*NORMA-Finals Sales 264.1m(261),Ebita 46.6m(47),Net 24.6m(25),FY ok.-0.5%