5 European shares to watch this earnings season between Trump tariffs

Investors enters the first quarterly profit season of 2025, as a large cloud of vague, first of all, US President Donald Trump’s tariffs.

Along with the volatility built by the scale of tasks announced in April, subsequent updates and returns in politics, so far the most verses have exceeded the most verses.

Or negotiations The European Union and England They will try to relieve that they are in negotiations with US officials 25% and 10% Blanket tariffs fight with more extensive tariffs Steel, aluminum and caros. This time is watching to see if the rest of the world is Red-hot tensions The cooling between Washington and Beijing will be cooled between the two largest economy and the war.

The two large earnings reported, showed the future of the tone and landed into Europe.

Luxury giant Lvmh Beauty, wine and spirits were sensitive to drawing by the “Asirational Customer” of categories as “Asirational Customer”. Dutch semiconductor firm AsmlWhich manufacturers of cars critical to global techniques gossip Tariffs were in demand around the “new uncertainty”. However, how much could not measure the scale of the impact.

The tariff is still another five other large European companies to express gains that can face big hits.

Denmark shipping giant MaerskFor global trade, on May 8, it is preparing to calculate earnings in the first quarter.

The growing trade war between the United States and China, the two largest economies in the world, has been a major source of concern for the sea and transport sector.

Analysts, Maersk’s first quarterly earnings, depreciation, taxes and depreciation (EBITDA), LSE-compiled consensus will fall from $ 3.6 billion in the three months of 2024.

This month ago, Maersk described US tariffs in “important” and – in the current forms – the global economy, stability and obvious news for stability and trade.

“As a result, it is necessary to say how to apply to how to apply or adjust the opposite tariffs, adjust the counterfeits or combine these measures, or the combination of these measures.

Bark On May 2, it is planned to provide information on the benefit of the first quarter. In March, England comes after oil giant Announced their plans Raise the shareholder’s return, reduce costs and reduce liquefied natural gas (LNG) twice.

In the next trading update, the shell, including Australia, was fired in the first quarterly LNG production protestock.

Oil and gas reserves were caught in the gas market in recent weeks, and energy majors were for fear of growing decline, oil demand and falling raw prices.

Wealth Manager Hargreaves Analysts in Lansdown gossip At the beginning of this month, it is best placed in the spotlight focusing on the efficiency and quality of the crust, free cash flow and share distributions. “

However, it cannot control oil prices, Lansdown, Lansdown “Thus, investors must be ready for the relatively high level of variability accompanying the entire sector.”

A year ago, in the same period, according to a LSE-compiled consensus, the crust is expected to make a $ 5.14 billion profit in the first quarter. Energy Major made $ 3.66 billion in the three months of 2024.

Capital analysts, CEO Wael Sawan’s vowgion and the company’s best capital alocator as the best equity alocator.

German Volkswagen It is one of the many car companies expected to hit the tariffs – especially Canadian and Mexican – Although the results are the result of April 30, it should be clearer that Tennessee can be able to do the shoulder through operations in Chattanooga.

In April, the United States, download 25% brought to the country, downloaded to all foreign cars that have been caused by some panic.

Volkswagen’s Chief Financial Officer Arno Antlitz He told CNBC last month The company felt in favor of the open markets, but thousands of US employees felt “as an American company”.

But Analysts warn Tariffs are especially negative for German carmakers who export thousands of vehicles in the United States, and many cars in the country still require the European-made parts of the country.

Volkswagen is expected to be earlier on the first quarter, which is expected to be achieved by 77.6 billion euros ($ 88.2 billion), 75.5 billion euros, LSEG’s compiled consensus. Earnings before interest and taxes (EBIT) (EBIT) are seen in the 4.6 billion euros to 4.03 billion euros.

As a mountain of geopolitical tensions, some interruse for travel requests or trends or the results of the German Airlines Group LufthansaCan hold some tips for April 29.

Lufthansa CEO Carsten Spohr Spoke to CNBC In early March, the global demand is expected to see no teeth in higher earnings and transatlantic reservations in 2025. However, since then, the scale of Trump’s tariffs and rhetoric public anger and even Boycott of US products.

March figures broadcast by the International Trade Department indicator 9.2% against the United States from Western Europe, the United States, 3.4% from Asia and 17.7% from the Middle East.

Switzerland, Austria Airlines, Brussels Airlines and Italy with ITA Airways, Lufthansa Group, which includes a German flag carrier, has already struggled with difficulties, global price pressures and Boeing Aircraft Delivery Delays.

According to an LSE’s consensus, about 8.07 billion euros in the first quarter to 8.07 billion euros in the first quarter, and in the EPC, about $ 630 million, and the annual and year will fall from $ 482 million.

Druggist Give little attention to how their entrance Critical will affect the US market in the months.

Trump management He said last week It has opened an investigation into the imports of certain medicines, it is seen broadly visible for drug tariffs, as well as It was suggested that in the coming months Trading Secretary by Howard Lutnick.

Although the tariffs are not clarified, and even if they enters the effect.

For Denmark Novo NordiskThe second largest list of Europe, the United States is exposing the sales of the US-I-Popular Obesity and Diabetes Ozempic and Wegovy. Traders will hope for how the 7th result will show it for this and how much offset for it “Very important” Production in the United States

The head of the European Pharmacy Research Emily field, the head of the European Pharmaceutical Research, the CNBC said that the “investors №1” questions “№1”.

– CNBC’s Karen Gilchrist and Annika Kim Constantino Contributing report.