European stock markets saw mixed movements on Monday as key companies reported earnings. Adidas shares jumped as much as 8.3% after the sportswear giant posted better-than-expected first-quarter revenue and operating profit. The strong start to the year has analysts eagerly awaiting further details on how major events like the soccer World Cup and the sub-two-hour marathon milestone are boosting sales. The company has maintained its full-year guidance for now.
Amundi, Europe's largest asset manager, reported its biggest quarterly inflows in over four years, expressing optimism for the remainder of 2026 despite geopolitical turmoil and macroeconomic uncertainty. Adjusted pretax profit rose 13% year-on-year to €510 million, beating the €468 million average analyst estimate. Adjusted net income climbed 15% to €349 million, also exceeding forecasts.
Deutsche Bank, in contrast, faced headwinds from its exposure to commercial real estate, with the bank noting that the asset class continues to drag on performance. Shares declined as investors digested the impact.