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Let's take a look at some of the stocks on the move today in Europe. I'm Stephen Carroll with Lizzie Burden, and we're joined by Bloomberg reporter Chloe Mela for more. Chloe, let's start with Vodaphone then returning to growth in its biggest market in Germany. What's been the stock reaction.
Well, it's been pretty positive. So not only did it manage to return to growth in that biggest market, but it also is now targeting the up end of its guidance for the four years, so that has really lifted the shares this morning and confirmed that the ongoing turnaround is working quite well for Vodafone. Over the last couple of years, it's been simplifying operations, streamlining the company and
selling off some of the assets to do that. So it's divested some businesses in Italy and Spain for example. It's also merged with three here in the UK. And now after all of those, all of those measures, the focus has been on reviving growth in Germany, which as
mentioned is the biggest market. It's quite a difficult market with a lot of price rivalry between a lot of telecom operators, and then also new regulatory changes that meant that a Vodafon lost some of its customers because a new law has stopped housing associations from bundling TV packages with rent, and so that meant that a Vodafone lost
some of the customers with that contract. But now it seems that things are getting a little bit better and that the revenue in Germany is growing again, so that is helping to mitigate some of those challenges, and we've seen that reflected in the shares this morning.
Okay, so that's Vodaphone.
But look at Hilton Foods this morning.
Chloe downe more than twenty two percent.
Why yeah, so it fell massively. So it said that it was quite cautious about twenty twenty six and that profit progression would be really difficult.
Next to hear.
So, Hilton Foods is a producer of meat and seafood. And actually what's interesting is that some of their difficulty is actually has to do with the US government shutdown. So essentially it's smoke salmon business has been facing regulatory restrictions on shipments to the US and that draft coast the costs higher. But then the situation was worse than even more because the ongoing government shutdown resulted in delays
to getting approvals for facilities to start production again. So nine means that production will not restart at all this year and that has really hurt the business. So it's quite interesting to see how something happening over in the US has had an impact on this really small UK business. And then beyond that operational disruption, Hilton Foods is also dealing with much softer demand for whitefish in particular. That's
because of inflation and really cautious consumer spending. So despite the festive season approaching, it doesn't look too good.
For Hilton and Chloe. Lastly, will turn to the Dutch payments company Agen their shares up this morning, giving investors a bit of reassurance.
Yeah, absolutely so. They provided some targets that reassured investors, so they expect they expect revenue growth of about twenty percent in any given year after twenty twenty six. They also said that they see a significant potential to expand market share, so they compete with the likes of PayPal, for example, so quite quite a big competitor, and also said that it is positioned to become one of the
largest players in the industry. So that got investors quite excited because the targets look a little bit better than expected. Sin that also points to quite bright prospects despite the fact that the payments industry has warned of microeconomic uncertainty of really slowing down customer activity. So Adian just recently actually withdrew its guidance for faster revenue growth for twenty twenty five because of some retail clients over in Asia
being hurt by US at Taris. But it seems that Adian is now quite confident about growth beyond that beyond twenty twenty five, even with those challenges in mind, and that led the shares higher this morning.
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