European stocks were mixed on Wednesday, as regional investors assessed a fresh batch of corporate results.
The broader European Stoxx 600 index fell 0.1% to 620.32 points, Germany's DAX index dropped 0.3% to 24,912.98 points, France's CAC index declined by about 0.3% to 8,301.70 points, and Britain's FTSE 100 index rose by about 0.2% to 10,381.87 points.
Wednesday is another busy day for corporate earnings announcements, with companies such as Total Energies, Ferrari and Dassault Systèmes providing investors with updates on their financial situations.
A wave of haircuts at Heineken in the Netherlands
Before the opening bell, Dutch company Heineken announced its full-year results, revealing that it will lay off between 5,000 and 6,000 employees over the next two years. Citing challenging market conditions, the company stated that it is currently undergoing a transformation strategy aimed at accelerating growth by 2030. Heineken reported that total production decreased by 1.2% in 2025, while operating profit increased by 4.4% compared to the previous year.
The company added that it expects operating profit growth of between 2% and 6% during the current year.
