Additional European equity stories post the release of the Daily European equity opening news

G4S (GFS LN) – Q1 2019 group revenues +4.8%. Co. state they continue to make good progress with separation review, goal is to establish two independent strong businesses, board believes this “clear potential to unlock substantial shareholder value”. 2H18 sales wins provided a strong start for 2019. (Newswires)

Provident Financial (PFG LN) – Co. urges shareholders to take no action regarding the offer from Non-Standard Financial (NSF LN). (Newswires)

Ashmore (ASHM LN) – Q3 assets under management rose by USD 8.6bln in the period. Q3 net inflows of USD 5bln and positive investment performance of USD 3.6bln. Co. says client demand remains string and broad-based across investment themes. (Newswires)

Hays (HAS LN) – Q3 group like-for-like net fees by region +6%, Germany +6%, UK & Ireland +3%, Australia & New Zealand +3%. Co. state that the outlook remains positive across most of their markets, though there are increasingly difficult comparatives and tough construction/property market in Australia and New Zealand. (Newswires)

SODEXO (SW FP) DOWNGRADED TO NEUTRAL FROM BUY AT UBS

THALES (HO FP) RESUMED WITH HOLD AT SOCGEN

BT (BT/A LN) UPGRADED TO BUY FROM HOLD AT LANDESBANK BADEN WÜRTTEMBERG

SWEDBANK (SWEDA SS) UPGRADED TO HOLD FROM SELL AT DANSKE

SKANSKA (SKAB SS) DOWNGRADED TO HOLD FROM BUY AT NORDEA

 

16 Apr 2019 - 07:05- Research Sheet- Source: RANsquawk

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