European Stocks Steady Near Records as Earnings in Focus
2026-02-26 08:32
By
Joana Ferreira
1 min. read
European stocks were little changed near record highs on Thursday as investors digested a fresh wave of corporate earnings.
The Euro Stoxx 50 added 0.2% to 6,185, while the broader STOXX Europe 600 was flat at 633.
Among notable movers, Engie surged 7% after announcing plans to acquire 100% of UK Power Networks, and LSEG climbed 5.9% on an additional £3 billion share buyback amid pressure from Elliott Investment Management.
Rolls-Royce jumped 6% after raising its profit outlook and announcing up to a $12 billion share buyback, while Puma gained 4% on stronger-than-expected results, despite canceling its dividend and forecasting another loss this year.
Schneider Electric, Eni, Deutsche Telekom, and Clariant also posted gains after upbeat results.
In contrast, Stellantis fell 1% after reporting its first-ever annual loss, driven by €25.4 billion in write-downs as it scaled back its electric vehicle strategy, and Allianz slipped 0.9% after issuing 2026 guidance below forecasts.