Earnings season rolls on. Here’s a look at the biggest movers in Europe at the start of another busy day on the corporate calendar.

  • William Hill has been lifted to the top of UK-listed stocks this morning, gaining nearly 9 per cent after it took a profits hit from major sporting events in the first half but did manage to notch up a 32 per cent rise in its digital operating profits.
  • Hugo Boss is on course for its best day since March after it reported better than expected sales in the second quarter. Shares have climbed 5 per cent in early trading as the fashion house recorded growing demand in its US and Chinese markets.
  • Société Générale is the worst performing major bank in Europe following a 28 per cent decline in its net profits in the second quarter. Shares have lost nearly 4 per cent at publication time.
  • RSA Insurance investors are not having such a great time of it. The group is the worst performing stock on the FTSE 100 this morning, losing 2.6 per cent, despite hiking its interim dividend by a third. The uplift to 6.6p is slightly lower than some forecasts, according to analysts at Panmure Gordon.
  • Aggreko shares are also suffering this morning. The power generator hiring company is still being hit from declines in its Argentine business, reporting an overall 10 per cent decline in pre-tax profits in the first half. Shares are down 2.3 per cent at publication time.
  • Investors in BAE Systems are taking cheer in the defence company growth in sales and profits in the first half, sending shares to the top of the FTSE 100 this morning by 2.8 per cent.
  • But Rio Tinto’s biggest ever interim dividend is giving no comfort to the miner’s investors this morning. Shares have dipped 2.3 per cent after Rio announced a ramped up share buyback programme and said it would pay out an interim dividend of $1.10 – 50 per cent of its first half earnings.

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