-
Zalando SE reported stronger-than-expected first-quarter revenue growth of 7.9% to €2.42 billion
-
Fresenius Medical Care AG reported quarterly adjusted earnings of 41 cents per share for the quarter ended March 31
-
MTU Aero Engines AG posted first-quarter adjusted EBIT of €300 million
-
Continental AG more than doubled earnings in the first quarter as its consolidated sales reached €9.7 billion
European markets are broadly negative today. Poland's W20 is showing the steepest decline, down 2.47% to 2690.6. Germany's DE40 has fallen 1.08% to 23212.6, while the pan-European EU50 index dropped 0.64% to 5215.6.
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appFrance's FRA40 decreased 0.52% to 7651.4, and both Austria's AUT20 and the UK's UK100 declined 0.39% to 4049 and 8594.0 respectively. Italy's ITA40 fell 0.28% to 37815, while the Netherlands' NED25 slipped 0.27% to 890.32.
Spain's SPA35 showed a smaller loss of 0.13% to 13514, and Switzerland's SUI20 was nearly flat with just a 0.05% decline to 12186. The only gainer was the volatility index VSTOXX, which rose 1.44% to 21.08, suggesting increased market uncertainty.
Dax Returns by Sector. Source: Bloomberg Financial LP
Volatility is currently observed in the broader European market. Source: xStation
The German DE40 Index is maintaining its bullish momentum retracing after a retest of highs and trading above the 23.6% Fibonacci retracement level and the 50-day SMA. Bulls will aim to hold above the 23.6% level, while bears will attempt to push the price below it, targeting the 50-day SMA. The RSI continues to show bullish divergence with higher lows, while the MACD is widening following a bullish crossover. Source: xStation
Market News
-
Zalando SE (ZAL.DE) reported stronger-than-expected first-quarter revenue growth of 7.9% to €2.42 billion, surpassing analysts' average forecast of €2.367 billion. The company is moving upmarket with additional designer brands, adding LVMH-owned Marc Jacobs in Q1 to counter competition from budget platforms like Shein. Despite the "fast-changing geopolitical and macroeconomic environment" including U.S. tariffs, Zalando maintained its 2025 guidance of 4% to 9% growth in revenue and gross merchandise volume, with adjusted EBIT expected between €530 million and €590 million. The number of active customers reached a new high of 52.4 million, up from 49.5 million in the same quarter last year.
-
Fresenius Medical Care AG (FME) reported quarterly adjusted earnings of 41 cents per share for the quarter ended March 31, identical to the same quarter last year and above the mean analyst expectation of 38 cents per share. Revenue rose 3.3% to €4.88 billion from a year ago, exceeding analysts' forecast of €4.78 billion. The company's reported EPS for the quarter was 26 cents. Shares had risen by 2.9% this quarter and gained 13.2% so far this year, with the current average analyst rating on the shares being "hold."
-
MTU Aero Engines AG posted first-quarter adjusted EBIT of €300 million, surpassing estimates of €260.7 million and representing a 38% increase compared to the first quarter of 2024. Adjusted revenue grew 25% to €2.1 billion, while adjusted net income increased by 41% to €221 million. The company maintained its 2025 earnings and free cash flow guidance, only adjusting its revenue outlook in euros to reflect the latest exchange rate environment. CEO Lars Wagner warned that U.S. customs policy could potentially impact the company with costs in the "mid to high double-digit million euro range."
-
Continental AG (CON.DE) more than doubled earnings in the first quarter as its consolidated sales reached €9.7 billion, down slightly (-0.8%) from the previous year. The adjusted operating result increased to €639 million (or €586 million without application of IFRS 5), corresponding to an adjusted EBIT margin of 6.6% (or 6.0% without IFRS 5). Net income in the first quarter was €68 million, compared to a loss of €53 million in Q1 2024. The company is in the midst of an extensive overhaul, including a spinoff of its auto-parts unit and potential offloading of its ContiTech industrial division, while already announcing personnel cuts across German sites totaling more than 10,000.
Other news coming from individual DAX index companies. Source: Bloomberg Financial LP
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
