{"id":51169,"date":"2025-07-29T02:08:27","date_gmt":"2025-07-29T06:08:27","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/european-markets-react-to-mixed-earnings-and-slowing-gdp-data\/51169\/"},"modified":"2025-07-29T02:08:27","modified_gmt":"2025-07-29T06:08:27","slug":"european-markets-react-to-mixed-earnings-and-slowing-gdp-data","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/european-markets-react-to-mixed-earnings-and-slowing-gdp-data\/51169\/","title":{"rendered":"European Markets React to Mixed Earnings and Slowing GDP Data"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Stellantis (<a href=\"\/stock\/STLA\">STLA<\/a>) reported a substantial net loss of \u20ac2.26 billion for H1 2025, significantly missing analyst expectations for revenue, operating margin, and profit.<\/strong><\/li>\n<li><strong>Barclays (<a href=\"\/stock\/BARC\">BARC<\/a>) posted a stronger-than-expected Q2 2025 pretax profit of \u00a32.48 billion and robust investment bank revenue, although investment banking fees fell short of estimates.<\/strong><\/li>\n<li><strong>Sweden&#39;s Q2 GDP growth slowed to 0.9% year-over-year, missing forecasts and indicating a deceleration in the Nordic economy.<\/strong><\/li>\n<li><strong>Orange (<a href=\"\/stock\/ORAN\">ORAN<\/a>) saw its Q2 2025 revenue and EBITDAAL slightly miss analyst estimates, while Philips&#39; (<a href=\"\/stock\/PHG\">PHG<\/a>) CEO commented on trade and localization strategies.<\/strong><\/li>\n<\/ul>\n<p>European markets opened to a lacklustre trading session as investors digested a series of mixed corporate earnings reports and key economic data. The day&#39;s early focus was on significant financial disclosures from major players in the automotive, banking, and telecommunications sectors, alongside crucial macroeconomic indicators from Nordic countries.<\/p>\n<p>Automotive giant <strong>Stellantis (<a href=\"\/stock\/STLA\">STLA<\/a>)<\/strong> delivered a disappointing performance for the first half of 2025. The company reported revenue of <strong>\u20ac74.26 billion<\/strong>, falling short of the estimated <strong>\u20ac74.96 billion<\/strong>. Even more concerning was the adjusted operating margin, which came in at a mere <strong>0.7%<\/strong> against an estimated <strong>1.97%<\/strong>, leading to adjusted operating income of <strong>\u20ac540 million<\/strong> versus an estimated <strong>\u20ac1.33 billion<\/strong>. Stellantis also posted a significant <strong>net loss of \u20ac2.26 billion<\/strong>, far exceeding the estimated loss of <strong>\u20ac855.3 million<\/strong>, and industrial free cash flow was a negative <strong>\u20ac3.01 billion<\/strong>, worse than the estimated <strong>-\u20ac2 billion<\/strong>.<\/p>\n<p>In the banking sector, <strong>Barclays (<a href=\"\/stock\/BARC\">BARC<\/a>)<\/strong> presented a more mixed but generally positive Q2 2025 earnings report. The bank&#39;s investment bank revenue reached <strong>\u00a33.31 billion<\/strong>, surpassing the estimated <strong>\u00a33.07 billion<\/strong>. Net interest income also beat expectations at <strong>\u00a33.51 billion<\/strong> against an estimated <strong>\u00a33.47 billion<\/strong>. Loan-loss provisions were lower than anticipated at <strong>\u00a3469 million<\/strong> (est. <strong>\u00a3560.3 million<\/strong>), contributing to a pretax profit of <strong>\u00a32.48 billion<\/strong>, which exceeded the estimated <strong>\u00a32.26 billion<\/strong>. However, investment banking fees missed estimates, coming in at <strong>\u00a3568 million<\/strong> compared to an estimated <strong>\u00a3601.7 million<\/strong>.<\/p>\n<p>Macroeconomic data from Sweden indicated a slowdown in economic growth. The <strong>Q2 GDP indicator<\/strong> (working day adjusted year-over-year) showed an actual growth of <strong>0.9%<\/strong>, missing both the previous <strong>1.1%<\/strong> and the estimated <strong>1.4%<\/strong>. The seasonally adjusted quarter-on-quarter GDP also came in lower than expected at <strong>0.1%<\/strong> versus an estimated <strong>0.3%<\/strong>. Monthly data for June offered some slight improvement, with the GDP indicator (working day adjusted year-over-year) at <strong>1.0%<\/strong> (up from <strong>0.5%<\/strong> previous) and seasonally adjusted month-on-month at <strong>0.5%<\/strong> (up from <strong>-0.2%<\/strong> previous). Meanwhile, Norway&#39;s retail sales (excluding auto fuel, month-over-month) for June remained flat at <strong>0.0%<\/strong>.<\/p>\n<p>Telecommunications giant <strong>Orange (<a href=\"\/stock\/ORAN\">ORAN<\/a>)<\/strong> reported its Q2 2025 earnings, with revenue of <strong>\u20ac9.94 billion<\/strong> slightly below the estimated <strong>\u20ac10.05 billion<\/strong>. EBITDAAL also came in at <strong>\u20ac3.20 billion<\/strong>, just shy of the <strong>\u20ac3.22 billion<\/strong> estimate. Comparable revenue growth was <strong>+0.1%<\/strong>, missing the estimated <strong>+0.31%<\/strong>. The company maintained its full-year EBITDAAL guidance, expecting it to be above <strong>+3%<\/strong>.<\/p>\n<p>In other corporate news, <strong>Philips (<a href=\"\/stock\/PHG\">PHG<\/a>)<\/strong> CEO commented on ongoing trade discussions, stating the company continues to advocate for healthcare tariff exemptions in the US\u2013EU trade agreement. The CEO also noted that <strong>90%<\/strong> of the products Philips sells in China have been localized due to existing Chinese restrictions on EU medical equipment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Stellantis (STLA) reported a substantial net loss of \u20ac2.26 billion for H1 2025, significantly missing analyst expectations for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[5625,1807,5864,2605,6026,3752,7180,4930,7181,7182,5033,7183,5171,5178,5199,5227],"class_list":["post-51169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-stellantis","tag-earnings","tag-barclays","tag-phg","tag-macroeconomics","tag-stla","tag-sweden-gdp","tag-banking","tag-orange","tag-philips","tag-europe","tag-barc","tag-telecommunications","tag-oran","tag-automotive","tag-healthcare"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/51169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=51169"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/51169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=51169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=51169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=51169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}