Johnson Matthey agreed to sell its medical devices business to a private equity firm. Credit Agricole and Worldline formed a joint venture to provide digital payment services in France. Braemar reiterated its 2024 revenue and earnings outlook.
Close Brothers raised additional capital to bolster its balance sheet. Deutz reported annual revenue and earnings in line with market expectations. Fraport reported weaker-than-expected fourth-quarter results.
British American Tobacco launched a stock buyback offer after it raised cash from the sale of part of its stake in India-based ITC. Hannover Re reported rising pre-tax income and estimated improving sales in the current fiscal year.
Vodafone agreed to sell its Italian operations to Swisscom. Salzgitter reported a sharp decline in annual earnings. The Scottish Mortgage Investment Trust's board approved the stock buyback plan.
Hapag-Llyod issued earnings warnings for the current year. Lanxess reported a wider fourth quarter loss. Encavis received a takeover offer from a private equity group. EasyJet completed its secured bond offering.
Sandoz Group reported lower annual earnings in 2023. Volkswagen Group reported robust 2023 financial results. Advanced Medical Solutions agreed to acquire Peters Surgical.
Porsche lifted its dividend but cited lower profitability in the current year because of the launch costs of electric and hybrid vehicles. Wacker Chemie estimated a slight decline in 2024 sales and earnings.
Imperial Brands announced a stock repurchase plan. An Italian regional utility, A2A, acquired the electricity distribution business from a subsidiary of Enel. Marston's chairman announced his plan to step down later in the year.
Mondi, the paper and packaging company, agreed to acquire its smaller rival, DS Smith. HelloFresh lowered its core earnings outlook for the second time in five months. Currys confirmed the sale of its Greece and Cyprus retail operations.
The independent energy explorer swung to a pre-tax loss in 2023 after energy prices declined from a year ago. DHL estimated flat annual earnings this year. Symrise, the German flavor and fragrance company, reported better-than-expected annual core profit.
Swiss chocolate maker Lindt reported higher sales and earnings despite cost headwinds. German rolling bearing product maker Schaeffler reported a decline in annual earnings. UK-based baker Greggs reported higher sales and earnings and announced a special dividend.
Software One terminated its private equity transaction. The aerospace parts supplier Senior reported strong annual financial results. BNP Paribas announced a stock repurchase plan. Henkel announced slower organic sales growth in the current year.
Daimler Truck lifted its dividend and announced a stock repurchase plan. Aegon, the Dutch insurance company, reported a net loss in the full-year 2023. Sixt, the German rental car company, reiterated a positive annual revenue and earnings outlook.
Beiersdorf increased its dividend, announced a stock repurchase plan, and signaled slower revenue growth in the current year. Air France KLM swung to a loss in the fourth quarter.
A French court approved the troubled retailer Casino Guichard's plan to reorganize. Abrdn narrowed its full-year losses and announced a plan to cut jobs. Bouygues reported core annual profit that surpassed its target.
