5 European actions to monitor profits this season in the midst of Trump prices

Investors are entering the 2025 first quarter of the first quarter of the first quarter of uncertainty that suspended them – mainly thanks to the prices of US President Donald Trump.

The magnitude of the tasks announced in April, as well as the volatility injected by the updates and subsequent policy inversions, have so far exceeded the most lower forecasts.

The European Union and the United Kingdom negotiators are in talks with American officials to try to relieve their respective 25% and 10% tariffs, while fighting with wider prices on steel, aluminum and cars. Meanwhile, the rest of the world is looking to see if the red heated tensions between Washington and Beijing will cool down, avoiding a trade war between the two largest economies that would have large -scale repercussions.

Two main reports on results have already landed in Europe, providing an indication of the upcoming tone.

Luxury giant Lvmh said its categories such as beauty, wines and spirits were vulnerable to a decline in spending by “ambitious customers”. Dutch semiconductor company ASMLWho makes tamias manufacturing machines essential to global technology, said that prices “created a new uncertainty” around demand. But none could quantify the impact scale.

Here are five other large European companies that do not bring back income that could face the big success of the price turmoil.

Danish expedition giant MaerskA Bellwether for World Trade is about to publish profits from the first quarter on May 8. The actions of the company have been very volatile in recent weeks, moving strongly as investors react to the price announcements of the Trump administration.

An increasing trade war between the United States and China, the two largest economies in the world, was a major concern for the maritime sector and transport.

Analysts expect the profits from the first quarter of Maersk before interest, damping, taxes and damping (EBITDA) reach $ 2.3 billion, according to a consensus compiled by LSEG, against $ 3.6 billion in the last three months of 2024.

Maersk earlier this month described American prices as “important” and – in their current form – clearly no good news for the global economy, stability and trade.

“It is still too early to say with any confidence how it will finally take place. We must see how the countries will react to these plans – and to what extent they choose to negotiate, to impose counter -tale, to adjust import rights or to continue a combination of these measures,” said the company in a press release on April 3.

Shell should publish results of the first quarter on May 2. It comes after the British oil giant in March announced its intention to strengthen shareholders' yields, reduce costs and double its liquefied natural gas thrust (LNG).

In a subsequent negotiation update, Shell reduced its LNG production prospects in the first quarter, citing unexpected maintenance, including in Australia.

Petroleum and gas stocks have been taken in market disorders supplied at the prices in recent weeks, with energy majors exposed to increasing recession, at the demand of moderate oil and the fall in crude prices.

Hargreaves Lansdown heritage heritage analysts said Earlier this month, the “sharp concentration of Shell on efficiency and quality leaves it well placed to develop available cash flows and shareholders' distributions”.

But it cannot control the price of oil, noted Hargreaves Lansdown: “Thus, investors must be prepared for the relatively high level of volatility which supports the entire sector.”

Shell is expected to announce a profit adjusted in the first quarter of $ 5.14 billion, according to a consensus compiled by LSEG, against $ 7.73 billion during the same period a year ago. The energy major has declared adjusted profits for $ 3.66 billion in the last three months of 2024.

Action analysts have distinguished Shell as the best capital of its European peers, pointing to the unwavering commitment of the company to the cost discipline of the CEO Wael Sawan.

Germany Volkswagen is one of the many automotive companies that should take a price stiffen – especially those of Canada and Mexico – although the results of April 30 should give a clearer indication of what he expects to be able to support by operations in Chattanooga, Tennessee.

In April, the United States set up 25% fees on all foreign cars imported into the country, which already seems to have caused panics.

Volkswagen's financial director Arno Antlitz, told CNBC last month that the company was in favor of the open markets, but already felt “like an American company” because of its thousands of American employees.

However, analysts provide that prices are particularly negative for German car manufacturers who export thousands of vehicles a year to the United States, while many cars produced in the country still require European manufacturing parts.

Volkswagen is expected to produce higher annual sliding income in the first quarter, up to 77.6 billion euros (88.2 billion dollars), compared to 75.5 billion euros, according to a compiled LSEG consensus. Profits before interest and taxes (EBIT) are seen at 4.03 billion euros, compared to 4.6 billion euros.

As geopolitical tensions go up, some have wondered if the travel request would suffer or the trends change – and the results of the group of German airlines LufthansaMade up on April 29, could have clues.

The CEO of Lufthansa, Carsten Spohr, told CNBC in early March that it expected that global demand stimulates “a considerably higher profit in 2025 and had not seen any breach in transatlantic reservations. But many things have changed since then, with the extent of Trump's prices and rhetoric fueling the anger of the public and even the boycott of American products.

Figures for March published by the International Trade Administration watch A decrease of 17.2% in annual shift in the arrivals of visitors from Western Europe in the United States, against a 3.4% drop in Asia and an increase of 17.7% compared to the Middle East.

Lufthansa Group, which includes the German flag carrier as well as Swiss, Austrichia Airlines, Brussels Airlines and Italy Ita Airways, has already been confronted with challenges, including strikes, world prices and prices and Boeing Award delays.

According to a consensus compiled by the LSEG, analysts expect the group to declare a turnover of around 8.07 billion euros in the first quarter, compared to 7.4 billion euros the previous year, and a loss of around $ 630 million EBIT, passing through a profit of $ 871 million in terms of $ 482 million previous quarter.

Medicines manufacturers have little idea that their access to the American American market will be assigned in the coming months.

Trump administration said last week that he had opened an investigation into how the import of certain pharmaceutical products affects national security, widely considered as a prelude to medication prices – also suggested to perform in the coming months By the commercial secretary, Howard Lungick.

There is no clarity left on the size of the prices, and when or even if they come into force.

For the Novo Nordisk in Denmark, the second largest company listed in Europe, which leaves sales in the United States of its extremely popular obesity and diabetes Ozempic and Wegovy. The merchants hope that his results of May 7 will give an indication of the way he is preparing for this, and how much can be compensated by his “very important” manufacturing configuration in the United States

Emily Field, head of European pharmaceutical research in Barclays, told CNBC earlier this month that prices were “question n ° 1 on the spirit of investors”.

– Karen Gilchrist of CNBC and Annika Kim Constantino Contributed reports.