BRIEF-Ruukki Construction To Deliver Logistics Center In Tampere Aug 14 (Reuters) - SSAB AB SSABa.ST : RUUKKI CONSTRUCTION SIGNED AN AGREEMENT WITH REAL ESTATE INVESTOR NREP'S LOGISTICS ARM LOGICENTERS TO DELIVER A UNIQUE LOGISTICS CENTER IN TAMPERE RUUKKI TO SUPPLY SANDWICH PANELS AND DESIGN PROFILES THE 30,000 M2 PROPERTY WILL FEATURE ABOUT 10,00

UPDATE 2-Outokumpu beats Q2 core profit estimates, warns 'difficult' Europe environment Rewrites with Europe outlook, add details on unit performance and outlook, context on rivals By Jagoda Darlak Aug 8 (Reuters) - Finland's Outokumpu OUT1V.HE on Thursday reported second-quarter core profit above expectations, citing normalized operations after a strike earlier this year, but warned that the operating environment in Europe remains difficult.

UPDATE 1-Eurofer cuts European steel forecasts as demand recovery lags Adds detail and quotes By Matteo Allievi July 25 (Reuters) - The European steel market recovery this year and next is likely to be weaker than previously expected, industry group Eurofer said on Thursday, downgrading its outlook for a third time this year on faltering demand. Axel Eggert, general director of Eurofer, said that the impact from reduced consumer demand on the sector's finances threatens its investment capability

EUROPE RESEARCH ROUNDUP-Ascential Plc, Oxford Instruments, Reckitt Benckiser July 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ascential Plc, Oxford Instruments and Reckitt Benckiser, on Thursday. HIGHLIGHTS * Ascential Plc ASCL.L : HSBC raises target price to 568p from 370p * Oxford Instruments OXIG.L : HSBC raises target price to 2850p from 2500p * Reckitt Benckiser RKT.L : HSBC cuts target price to 4800p from 4900p * RS Gr

BUZZ-SSAB warns of slower than usual Q3, shares slump ** Shares in SSAB SSABa.ST fall 5.4% after the Swedish steelmaker posted second-quarter operating profit below market estimates and warned of a steeper demand decline in Q3 ** "The seasonal downturn during the third quarter is assessed to be more pronounced than normal," the company says ** SSAB, which experienced lower U.S.

BRIEF-SSAB Expects More Pronounced Decrease In Demand Than Normal In Q3 July 24 (Reuters) - SSAB AB SSABa.ST : DECREASE COMPARED TO A YEAR EARLIER WAS PRIMARILY DUE TO LOWER US HEAVY PLATE PRICES MARKET IN EUROPE CONTINUED TO BE RELATIVELY WEAK, WHEREAS MARKET FOR HIGH-STRENGTH STEEL WAS MORE RESILIENT MARKET WAS WEAK AND POLITICAL STRIKES IN FINLA

UPDATE 3-Acerinox says economic concerns cloud steel demand recovery in Europe Says demand remains soft in Europe Q2 EBITDA slumps 47% on strike impact, slow Europe Expects Q3 EBITDA to be similar to Q2 Recasts with comments on slow market recovery, adds CEO quotes in paragraphs 3, 4, 7, analyst comment in paragraph 9 By Matteo Allievi and Javier West July 24 (Reuters) - Spanish steelmaker Acerinox ACX.MC said on Wednesday that visibility would remain poor across the European steel markets in th

UPDATE 3-Swedish steelmaker SSAB's profit slumps, warns of slow Q3 Adds share move in paragraph 2, price outlook in paragraph 4, analyst comment in paragraph 6 By Marta Frackowiak July 24 (Reuters) - Swedish steelmaker SSAB SSABa.ST expects a steeper than usual demand decline in the third quarter, it said on Wednesday, after its second-quarter operating profit slumped 40% on lower U.S.

Sweden's SSAB misses Q2 profit forecast July 24 (Reuters) - Swedish steelmaker SSAB SSABa.ST reported a weaker than expected second - quarter operating profit on Wednesday, citing lower U.S. heavy plate prices and still relatively weak market in Europe. Reporting by Marta Frąckowiak in Gdansk; Editing by Milla Nissi

DIARY-Nordic corporate earnings week ahead July 19 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 23-Jul-2024 05:00 NHY.OL Norsk Hydro ASA Q2 2024 Norsk Hydro ASA Earnings Release 23-Jul-2024 05:00 VAR.OL Var Energi ASA Q2 2024 Var Energi ASA Earnings Release 24-Jul-2024 NTS EQNR.OL Equinor ASA Q2 2024 Equinor ASA Earnings Release 25-Jul-2024 NTS SUBC.OL Subsea 7 SA Q

BUZZ-China stats, lower iron ore prices weigh on European steelmakers ** Shares in European steelmakers fall on Tuesday dragged by "weak Chinese stats and lower iron ore prices," analysts say ** Iron ore futures retreated on Tuesday as investors and traders grew wary of prospects of forceful stimulus from top consumer China from its third plenum fo

EUROPE RESEARCH ROUNDUP-Britvic, Burberry, Prudential July 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Burberry, and Prudential, on Tuesday. HIGHLIGHTS * Auction Technology Group ATG.L : RBC initiates coverage with sector perform rating; PT 540p * Britvic BVIC.L : HSBC raises target price to 1290p from 1100p * Burberry BRBY.L : JP Morgan cuts target price to 800p from 1050p * Prudential PRU.L : JP Morgan cuts target

BUZZ-Jefferies cautious on steel firms' Q2, sees demand pick-up in 2025 ** Jefferies remains cautious into European steel sector's Q2 reporting season and says demand recovery might be pushed to 2025 ** It says steel prices are close to the bottom, and expects infrastructure related demand to pick up in late H2 2024 or in 2025, after the U.S. presidential election ** Thus it expects outlook commentary into Q3 to be cautious ** Jefferies' top picks are still ArcelorMittal MT.LU in Europe, and Cle

EUROPE RESEARCH ROUNDUP-Danske Bank, Entain, Halma July 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Entain and Halma, on Wednesday. HIGHLIGHTS * Danske Bank DANSKE.CO : Berenberg initiates coverage with hold rating; PT DKK 215 * Entain ENT.L : JP Morgan cuts target price to 900p from 910p * Halma HLMA.L : JP Morgan raises target price to 2,350p from 2,000p * Novonesis NSISb.CO : JP Morgan raises target price to

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p

EUROPE RESEARCH ROUNDUP-Huhtamaki, Ryanair and Wizz Air June 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Huhtamaki, Ryanair and Wizz Air, on Friday. HIGHLIGHTS * B&M European Value Retail BMEB.L : Morgan Stanley cuts to underweight from equal weight * Huhtamaki HUH1V.HE : Barclays raises to overweight from equal-weight * Ryanair RYA.I : Barclays cuts to equal-weight from overweight * Wizz Air WIZZ.L : Barclays cuts to underw

EUROPE RESEARCH ROUNDUP-Banco Bpm, Firstgroup, Xps Pensions June 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Banco Bpm, Firstgroup and Xps Pensions Group, on Tuesday. HIGHLIGHTS * Banco Bpm BAMI.MI : Morgan Stanley cuts to equal weight from overweight * Firstgroup Plc FGP.L : RBC raises target price to 200p from 195p * JCDecaux SE JCDX.PA : Deutsche Bank cuts to hold from buy * Next Plc NXT.L : HSBC raises target price to 9,

BUZZ-JPM sees stronger EU protectionism as likely tailwind for domestic steel demand ** J.P.Morgan sees stronger EU protectionism measures as a likely tailwind for domestic steel consumption and places ArcelorMittal MT.AS on positive Catalyst Watch into Q2 results ** It estimates that new measures could reduce HRC import volumes by nearly 2Mt/year,

RPT-ANALYSIS-As Europe struggles to cut debt, Sweden eyes more spending Repeats Wednesday's story without changes By Simon Johnson STOCKHOLM, May 29 (Reuters) - While much of Europe faces tough choices about how to cut budgets to bring down soaring debt, thrifty Sweden has a more enviable dilemma: how to use its strong public finances to face up to the mounting challenges ahead.

RPT-ANALYSIS-As Europe struggles to cut debt, Sweden eyes more spending Repeats Wednesday's story without changes By Simon Johnson STOCKHOLM, May 29 (Reuters) - While much of Europe faces tough choices about how to cut budgets to bring down soaring debt, thrifty Sweden has a more enviable dilemma: how to use its strong public finances to face up to the mounting challenges ahead.