{"id":69845,"date":"2026-02-12T09:17:15","date_gmt":"2026-02-12T09:17:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/02\/12\/european-shares-climb-as-earnings-bring-cheer\/"},"modified":"2026-02-12T09:17:15","modified_gmt":"2026-02-12T09:17:15","slug":"european-shares-climb-as-earnings-bring-cheer","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/02\/12\/european-shares-climb-as-earnings-bring-cheer\/","title":{"rendered":"European Shares Climb As Earnings Bring Cheer"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks traded at record high levels on Thursday as investors cheered upbeat earnings from the likes of Legrand, Hermes and Siemens.<\/p>\n<p>Meanwhile, traders shrugged off data that showed the U.K. <span class=\"landLinks\">economy<\/span> grew less than forecast in the fourth quarter.<\/p>\n<p>GDP grew 0.1 percent sequentially, the same pace of increase as seen in the previous quarter and slightly weaker than the forecast of 0.2 percent as <span class=\"landLinks\">business<\/span> investment shrank and services stagnated.<\/p>\n<p>On a yearly basis, GDP was up 1.0 percent compared to economists&#8217; forecast of 1.2 percent.<\/p>\n<p>The pan European Stoxx 600 edged up by 0.4 percent to 623.94 after ending little changed with a positive bias on Wednesday. <\/p>\n<p>The German DAX jumped 0.9 percent, France&#8217;s CAC 40 added 1.1 percent and the U.K.&#8217;s FTSE 100 was up 0.4 percent. <\/p>\n<p>British American Tobacco shares were modestly higher in London.  The tobacco giant reported a 2.3 percent rise in annual profit and announced an increased \u00a31.3 billion share buyback for 2026.<\/p>\n<p>Consumer goods giant Unilever fell 2.3 percent after underlying sales grew 3.5 percent in 2025.<\/p>\n<p>Schroders shares skyrocketed 29 percent after the investment management firm agreed to a \u00a39.9bn takeover by U.S. asset manager Nuveen.<\/p>\n<p>Legrand rallied 3.8 percent. The French electrical and digital building infrastructure group raised its dividend and set a 2026 growth goal of 10-15 percent excluding currency effects.<\/p>\n<p>EssilorLuxottica soared 8 percent after reporting an 18 percent surge in fourth-quarter sales, riding a boom in demand for AI-powered glasses.<\/p>\n<p>Luxury group Hermes International rose 2 percent after reporting another quarter of steady revenue growth.<\/p>\n<p>Specialty-care biopharmaceutical firm Ipsen surged nearly 7 percent after reporting strong 2025 results and providing robust guidance for 2026. <\/p>\n<p>Telecoms group Swisscom lost 3 percent after reporting lower net income for full-year 2025.<\/p>\n<p>German industrial giant Siemens advanced 6 percent. The firm raised its fiscal 2026 adjusted earnings view and backed revenue growth forecast after reporting better-than-expected results during the first quarter. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Climb As Earnings Bring Cheer<\/a><br \/>\n<br \/>2026-02-12 09:17:15<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks traded at record high levels on Thursday as investors cheered upbeat earnings from the likes of Legrand, Hermes and Siemens. Meanwhile, traders shrugged off data that showed the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-69845","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=69845"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/69846"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=69845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=69845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=69845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}