Economy Events Country 2025-11-03T13:08:16+00:00

GTT Shares Jump 4.3% on Raised Revenue Forecasts

French LNG systems company GTT raised its annual revenue and core profit forecasts, causing its shares to jump 4.3%. European stocks remained stable amid corporate earnings reports.


GTT Shares Jump 4.3% on Raised Revenue Forecasts

Shares of French company GTT, specializing in liquefied natural gas (LNG) containment systems, jumped 4.3% after the company raised its annual revenue and core profit forecasts. European stocks stabilized on Monday amid a new wave of corporate earnings reports, including reports from LNG company GTT and Dutch company PostNL, despite a drop in Campari's shares following an investigation into tax evasion allegations. By 0812 GMT, the European Stoxx 600 index was steady at 572.29 points, remaining close to its lowest level in over a week set last week. The oil and gas sector led sector gains, rising 1.1%.