European stocks opened slightly higher on Thursday, as investors digested another batch of earnings reports.
European stocks were slightly higher on Thursday, as investors reviewed another batch of earnings reports, and as U.S. market declines weighed on global sentiment.was up 0.53% by 10:05 a.m. London time, with the majority of major bourses and sectors trading in positive territory. Travel and leisure stocks added 2.85% while retail shares were the sole outlier, dipping 0.23%.
The French fashion house recorded revenues of 3.7 billion euros in the three months to September, up 11.3% year-on-year. Hermes maintained its medium-term guidance of continued revenue growth. A Renault Espace E-Tech full Hybrid and a Megane E-Tech 100% Electric EV are displayed during the Geneva Motor Show 2024 at Palexpo on Feb. 26, 2024 in Geneva, Switzerland.Group revenue for the period came in at 10.7 billion euros , up 5% from the same period of 2023 at constant exchange rates, driven by the launch of 10 new products this year.
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