Major European companies expected to post 21% profit growth in July-September, energy sector lifts results, LSEG says

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Summary · why it matters

According to data compiled by LSEG's IBES on the 8th, profits for companies in the STOXX Europe 600 index as a whole are expected to rise 21% year-on-year in the July-September quarter of 2026. While this is below the 23.9% increase in the April-June quarter of 2026, it is expected to be the second-highest quarterly profit growth rate in the past four years. Energy companies are showing high growth of about 2.2 times, but excluding them, growth comes to 9.7%, and real estate companies are expected to see a 71.5% decline in profit. Overall sales are also seen performing strongly, up 10.6%. Deutsche Bank noted in a report earlier this week that demand is solid and companies are able to pass on higher costs into prices, and that the impact of higher costs from elevated fuel prices is not as large as has been emphasized. Next week, Dutch semiconductor manufacturing equipment maker ASML Holding and Swedish telecommunications equipment giant Ericsson are among companies scheduled to report earnings.

Impact on assets 4

Financials▲
Deutsche Bank Aktiengesellschaft
DBK
▲ PositiveCapitalrelevance

Deutsche Bank's report notes solid demand and companies passing on higher costs, supporting the broad profit-growth outlook.

Artificial Intelligence▲
Semiconductors▲
ASML Holding N.V.
ASML
± Mixedrelevance

ASML is only named as scheduled to report earnings next week, with no specific development.

Information Technology▲