economy
European markets close mixed as investors digest big batch of earnings
European stocks closed mixed on Thursday as investors assessed another big batch of earnings reports.
TL;DR
- European stocks closed mixed on Thursday amid a large volume of earnings reports.
- Siemens raised its fiscal year 2026 outlook for basic earnings per share.
- Hermès reported a 9.8% jump in fourth-quarter revenue, leading to a share price increase.
- Adyen shares fell 20% despite a 17% increase in net revenue.
- Unilever's spinoff Magnum Ice Cream tumbled 18% after reporting a 48% drop in full-year profits.
- Mercedes-Benz Group shares decreased due to a 57% fall in 2025 operating profit.
- Schroders shares spiked 28.5% after Nuveen announced its acquisition for £9.9 billion.
- Deutsche Boerse shares rose nearly 3% following its acquisition of a stake in ISS STOXX.
- Other companies reporting earnings included L'Oreal, Anheuser-Busch Inbev, and British American Tobacco.
- Japan's Nikkei 225 reached a new all-time high, while U.S. stocks were lower.