{"id":65737,"date":"2025-10-23T09:20:18","date_gmt":"2025-10-23T09:20:18","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/10\/23\/european-shares-mixed-amid-earnings-deluge-4\/"},"modified":"2025-10-23T09:20:18","modified_gmt":"2025-10-23T09:20:18","slug":"european-shares-mixed-amid-earnings-deluge-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/10\/23\/european-shares-mixed-amid-earnings-deluge-4\/","title":{"rendered":"European Shares Mixed Amid Earnings Deluge"},"content":{"rendered":"
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European shares were mixed on Thursday as investors digested a wave of corporate earnings and watched trade developments between the United States and China.<\/p>\n

Meanwhile, EU countries today formally adopted a 19th package of sanctions against Russia for its war against Ukraine that includes a ban on Russian liquefied natural gas imports.<\/p>\n

“It’s a significant package that targets main Russian revenue streams through new energy, financial, and trade measures,” the Danish rotating presidency of the EU said.<\/p>\n

The pan-European STOXX 600 edged up by 0.1 percent to 573.10 after falling 0.2 percent on Wednesday. <\/p>\n

The German DAX dipped 0.4 percent, while France’s CAC 40 was up 0.1 percent and the U.K.’s FTSE 100 added half a percent. <\/p>\n

In corporate news, German software maker SAP fell 2 percent after third-quarter revenue came in below analysts’ estimates.<\/p>\n

French telecom operator Orange gained 1 percent. The company raised its full-year guidance after reporting third-quarter core profit above market expectations. <\/p>\n

Sodexo shares slumped 8 percent. The caterer forecast slower revenue growth in 2026, citing challenges in its U.S. business<\/span>.<\/p>\n

Thales, a defense and aerospace group, added 2 percent after reporting a 9 percent rise in sales for the first nine months of 2025 and reaffirming its full-year guidance.<\/p>\n

Carmaker Renault declined 1.4 percent despite surpassing Q3 revenue forecast.
Dassault Systemes plunged 16 percent after the software firm trimmed its full-year revenue growth guidance.<\/p>\n

STMicroelectronics, a global leader in semiconductor manufacturing, lost nearly 5 percent after it forecast fourth quarter revenue below estimates.<\/p>\n

Volvo Car shares soared 34 percent. The Swedish carmaker reported a small rise in Q3 profit on the back of sweeping cost cuts.<\/p>\n

U.K. pest control firm Rentokil jumped 10 percent as Q3 organic revenue growth topped forecasts. <\/p>\n

Holiday Inn owner Intercontinental Hotels dropped 1.2 percent despite Q3 room revenue coming in above estimates. <\/p>\n

Lloyds Banking Group rose about 1 percent. The lender reported a sharp drop in third-quarter profit and lowered its annual guidance.<\/p>\n

Consumer goods maker Unilever gained 2 percent as it reported a 3.9 percent rise in underlying sales for the third quarter of 2025.<\/p>\n

Nokia shares climbed 9 percent. The Finnish communications equipment maker reported third-quarter profit ahead of market expectations.<\/p>\n

Swiss drugmaker Roche fell 2.3 percent after nine-month sales missed expectations.
Contract drug manufacturer Lonza rallied 3.5 percent after confirming its full-year guidance. <\/p>\n<\/p>\n

Business News<\/p>\n<\/div>\n