City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie as light fades at dusk on 27th November 2025 in London, United Kingdom.
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European futures data pointed to a mixed open for regional equity markets on Tuesday, as investors brace for a flurry of corporate earnings.
At 6:30 a.m. in London (1:30 a.m. ET), futures tied to London’s FTSE 100 were flat, while those tied to the German DAX were marginally lower and French CAC 40 futures were up by 0.1%.
Swiss SMI futures were around 0.2% lower, while futures tied to the pan-European Stoxx 50 were little changed.
Tuesday will be a busy day for corporate earnings releases, with a number of Europe’s most prominent firms updating investors on their finances.
Among them is Philips, which published its full-year 2025 earnings before the bell on Tuesday morning.
Although the company posted comparable order intake growth of 6% and returned to profit following a net loss in 2024, it also cut its outlook for 2026. The firm said it now expects comparable sales growth this year to fall in the range of 3% to 4.5%, down from the previously expected 4.5%.
Net income for the year rose by 1.6 million euros ($1.9 million), which Philips attributed to higher income from operations, lower income tax charges, and smaller expenses. Separately, the company said Tuesday that it was proposing the reappointment of CEO Roy Jakobs, with the proposal to be submitted for shareholder approval at the firm’s Annual General Meeting on May 8.
Speaking to CNBC’s “Squawk Box Europe” on Tuesday, Jakobs said Philips’ earnings contained “a lot of very good news,” touting the 7% order intake growth, and growth in margins despite tariff headwinds.
“It’s a sequential improvement path,” he said. “We had a very strong order intake for 2025, but actually converting that into sales takes a bit of time. That’s something that has been baked into the guidance, but we’ve stepped up from 2% [sales growth last year] and say we will now do in 2026 3% to 4.5%, so a clear step up in sales.”
Also reporting on earnings on Tuesday are AstraZeneca, BP, Spotify, Barclays and Kering.
Elsewhere, investors will also be monitoring the political situation in the U.K., where Prime Minister Keir Starmer’s position remains at risk. Lawmakers are pressuring Starmer to quit following a series of U-turns and renewed controversy over the appointment of Peter Mandelson — whose ties to disgraced financier Jeffrey Epstein have been making headlines — as ambassador to the United States.
Overnight, U.S. stock futures were broadly lower after the Dow Jones Industrial Average closed at a record high. In Asia, stocks rallied, sending Japan’s benchmark Nikkei 225 to a fresh all-time high.