European markets edged higher, lifted by strong gains in mining and energy stocks amid rising oil prices. However, the technology sector faced headwinds after a key chipmaker's results disappointed investors.
Paragon Banking Group maintained its full-year guidance in a third-quarter trading update, indicating its net interest margin may perform better than previously anticipated despite modest loan growth.
The London-focused property owner raised its interim dividend following a strong first half, driven by robust leasing activity that secured rents well above previous levels and estimated values.
The global taste and nutrition company posted second-quarter volume growth of 3.5%, surpassing analyst estimates, and maintained its full-year earnings guidance despite a significant miss on first-half free cash flow.
Structural steel firm Severfield reported a significant increase in its UK and Europe order book, driven by a surge in data center projects. The company maintained its full-year profit guidance despite an expected near-term margin mix.
European markets saw modest gains as a string of upbeat corporate earnings from the banking, luxury, and mining sectors helped cushion the impact of rising oil prices, a global tech sell-off, and anxiety ahead of a U.S. Federal Reserve policy decision.
The German bottling equipment manufacturer reported a 3.5% rise in second-quarter order intake, exceeding analyst expectations, while reaffirming its full-year revenue and profitability targets.
The specialty insurer's first-half 2026 earnings fell short of market expectations after it increased claims reserves related to the 2024 Baltimore Bridge collapse, weakening its underwriting performance.
Spanish airport operator Aena reported second-quarter EBITDA in line with analyst estimates, supported by strong commercial and real estate revenue, but faces headwinds from rising operating expenses and market uncertainty.
