UBS sees Europe on path to earnings recovery with upside risks for 2026 growth
UBS UBS Group AG
$48.96 +2.47%
View chart & analysis → - 1UBS confirmed through the third-quarter earnings season that Europe's earnings recovery is on track.
- 2Matthew Gilman, UBS Head of Europe Equity Strategy, highlighted a 24% year-on-year increase in profits.
- 3European cyclicals have underperformed defensive stocks by 17% since mid-June.
So what's the key point?
It has been confirmed that the profits of European companies are recovering. With profits increasing by 24% compared to last year, there is potential for further growth ahead.
Source Investing.com +1 · View original ↗
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