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

Scout24 (G24 GY) – Q3 revenue of EUR 134.6mln, up 13.6%. Ordinary operating EBITDA margin at 55.8%. The Co’s management board reiterates their full year outlook. (Newswires)

Marks and Spencer (MKS LN) – Pretax profit GBP 223.5mln vs. Exp. GBP 203.0mln. Clothing and home revenue down 2.7%, impacted by store closures. Ordinary dividend GBP 0.068 vs. Prev. GBP 0.068. Co. expects a slight improvement in sales trajectory. (Newswires)

ITV (ITV LN) – Total external revenue +6% to GBP 2.257bln vs. Prev. GBP 2.139bln. 43% growth in online revenues, 10% growth in total studios revenue. Co. expects to deliver good growth in total ITV studios revenues and profit. (Newswires)

AXA (CS FP) – 9M revenue EUR 75.8bln vs. Prev. EUR 75.8bln. APE +9% Y/Y to EUR 4.8bln. Health revenue +7% Y/Y to   EUR 9.9bln. Protections APE +10% Y/Y to EUR 1.6bln. Solvency II ratio 195% vs. Prev. 233% Q/Q. (Newswires)

Voestalpine (VOE AV) – H1 revenue EUR 6.67bln. H1 EBITDA EUR 860.1mln. H1 EBIT EUR 479.5mln. H1 net profit EUR 316.2mln. (Newswires)

Engie (ENGI FP) – 9-month revenue of EUR 43bln, up 0.4%. 9-month EBITDA EUR 6.5bln, up 5%. The Co confirms 2018 target for net recurring income of EUR 2.45-2.65bln, expected at the low end of the range; this confirmation is based on the assumption of a restart of Belgium nuclear units. (Newswires)

G4S PLC (G4S LN) – Q3 organic revenue growth of 2.5%; strong organic growth rates in security services in North America and Asia. The Co say they continue to exercise commercial discipline in markets where labour supply is tight, whilst this is expected to constrain revenue growth in 2018; adding that a high-quality pipeline provides good momentum into 2019. (Newswires)

Axel Springer (SPR GY) – Adj. EBITDA +14.4% Y/Y. Co. raised guidance for Adj. EPS for FY18 while confirming group guidance. 9M consolidated net income increased by 51.4% to EUR 247.4mln. (Newswires)

Hermes (RMS FP) – Q3 revenue +9.4% Y/Y to EUR 1.46bln. Co. confirmed medium-term “ambitious goal” for revenue growth. (Newswires)

UBI Banca (UBI IM) – 9-month net profit EUR 210.5mln. Q3 net profit EUR 1.6mln. Q3 operating income EUR 808mln vs. prev. EUR 911.4mln. The Co owns EUR 9.3bln relating in Italian government securities as of the end of September. (Newswires)

RedRow (RDW LN) – Net operational cash flow of GBP 132mln vs. prev. net debt of GBP 25mln in 2017. 18-week sales rate per outlet per week of 0.64 vs. prev. 0.67; with the slight reduction due to London market. The Co have urged the government to review regional price caps that disadvantage the North and Midlands in favour of the South. (Newswires)

Vestas Wind Systems (VWS DC) – Q3 revenue EUR 2.811bln vs. Exp. EUR 2.875bln. EBIT 276mln vs. EUR 285mln. (Newswires)

Schaeffler (SHA GY) – 9-month revenue grows by 5.1% at constant currency. 9-month EBIT margin before special items at 10.7% vs. prev. 11.4%. The Co expect revenue growth of 4-5% revised down from the prior of 5-6% at constant currencies; also expect an EBIT margin before special items of 9.5-10.5% vs. prev. 10.5-11.5% (Newswires)

Balfour Beatty (BBY LN) – The Co have secured highways England work contract worth GBP 425mln. Also secured place in two lots B6 South East worth GBP 1.1bln and B8 in North England worth GBP 2bln on highways framework. (Newswires)

Persimmon (PSN LN) – Jeff Fairburn the Co’s CEO is to step down; by mutual agreement and request of the Co. (Newswires)

Nokia (NOKIA FH) – The Co have signed a frame agreement worth more than EUR 2bln with three Chinese operators. (Newswires)

Veolia (VIE FP) – The Co says the impact of Argentina Hyperinflation on EBITDA will be limited to EUR 5-6mln. Debt by year end to be in the region of EUR 9.5bln; including the repayment of hybrid loans and sale of Transdev stake. (Newswires)

(RANsquawk)