European stocks closed higher on Friday, driven by strong earnings results for major companies and cautious optimism about international relations, according to CNBC.

The European STOXX 600 index recorded an increase of 0.5%, with positive performance across most sectors and major stock exchanges, ending the week on an optimistic note before the launch of a new wave of expected earnings announcements next week.

Adidas leads record gains

The German company Adidas emerged as one of the biggest winners in Friday’s session, as:

Share Price: Shares of the sports giant jumped nearly 4%.

Revenues: Preliminary figures revealed a record growth in revenues of 13% during 2025, reaching 24.8 billion euros (equivalent to 29.6 billion dollars).

Market performance: This rise came after a positive earnings update published by the company following the close of trading on Thursday.

“Caixa Bank” exceeds analysts’ expectations

In the banking sector, the Spanish “Caixa Bank” showed great flexibility in its financial performance:

Net profits: The bank achieved a growth of 1.8%, reaching 5.89 billion euros in profits, exceeding analysts’ expectations of 5.78 billion euros.

Dividends: The bank announced an increase in dividends by 15% to 0.50 euros per share.

Future Outlook: The bank’s management described the year 2025 as a “wonderful year,” while raising expectations for growth and profitability for the coming period.

The calm before the “storm” of results

Despite the relative calm witnessed on Friday in terms of the intensity of announcements, the markets are awaiting next week, which will witness great momentum in the performance reports of European companies, which will determine the path of the main indicators in facing the current global economic challenges.

LEAVE A REPLY

Please enter your comment!
Please enter your name here