economy
February 12, 2026
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.
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