European Blue Chips Forecast 2.8 Percent Earnings Growth
European blue chips expect 2.8% growth this quarter as energy profits surge. Excluding the energy sector, growth falls to 0.3% amid declining revenues.
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European blue-chip companies are set to deliver meagre profit growth in the first quarter of 2026, with the overall performance of the STOXX 600 index heavily reliant on the energy sector. According to data from LSEG, companies on the benchmark index are expected to report an average earnings growth of 2.8%. However, when the energy sector is excluded, this growth rate falls to just 0.3%.
