European equity markets climbed to their highest level in two weeks on Thursday as investors weighed a flood of corporate results alongside stronger-than-expected U.K. economic data.
Figures from the Office for National Statistics revealed that Britain’s economy expanded by 0.4% in June, recovering from a 0.1% dip in May and outpacing forecasts for 0.2% growth.
In index performance, London’s FTSE 100 gained 0.1%, while France’s CAC 40 and Germany’s DAX each advanced 0.6%.
Among individual movers, German meal-kit provider HelloFresh (BIT:1HFG) sank 16% after cutting its full-year forecast, citing weaker demand and the impact of a stronger euro.
Industrial group Thyssenkrupp (BIT:1TKA) dropped 6.4% following a downgrade to its investment and sales outlook. Power utility RWE (TG:RWE) slipped 3.5% after first-half core profit fell short of expectations.
Swedish video game publisher Embracer Group AB (TG:TH92) plunged 23% as its first-quarter operating profit missed market projections. In the U.K., Grosvenor casino owner Rank Group (LSE:RNK) slid 4.7% despite a sharp rise in annual profits to June 30, 2025.
On the upside, insurer Aviva (LSE:AV.) jumped nearly 5% after reporting a 22% increase in first-half operating profit, while Admiral Group (LSE:ADM) surged 6.4% on a 67% rise in half-year pretax earnings.
National Grid (LSE:NG.) gained 1.3% after agreeing to sell its Grain LNG business to a consortium including Centrica plc and Energy Capital Partners LLC. Swiss Re (TG:SR9) climbed 2.2% as the reinsurer reaffirmed its full-year guidance following solid second-quarter results.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
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