LIVE MARKETS-Carrefour's "tough read" - still some way to go?

LONDON, March 1 (Reuters) - Welcome to the home for real-time coverage of European equity

markets brought to you by Reuters stocks reporters and anchored today by Kit Rees. Reach her on

Messenger to share your thoughts on market moves: kit.rees.thomsonreuters.com@reuters.net

CARREFOUR (LSE: 0NPH.L - news) 'S "TOUGH READ" - STILL SOME WAY TO GO? (0726 GMT)

Europe's dominant supermarket chain Carrefour's full-year update after yesterday's

market close underlines how gloomy it's looking for the sector, hit by heavy price

competition and with tech players such as Amazon challenging longstanding business models.

Analysts at Jefferies were prepared to see a "tough read" from Carrefour today, saying

"nearer-term competitive and fx conditions remain highly volatile"

Interestingly, yesterday it's peer Ahold Delhaize saw its shares bounce 3 percent

after reporting results, saying that savings from U.S. tax reforms could instead be invested

into its online offering.

The winner techs all in food retail?

(Kit Rees)

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EUROPEAN STOCKS FUTURES FALL, EARNINGS IN FOCUS (0702 GMT)

Even (Taiwan OTC: 6436.TWO - news) if things are set to be muted at the index level, with stocks futures opening around

0.4 percent lower just now, there are plenty of firms giving updates today to keep things

interesting - a full list for Europe is below.

Of note are full-year figures from Kion, which was hit hard last October when it cut its

2017 profit guidance due to customers delaying investments, so today's release will be closely

watched.

BMPS.MI Full Year 2017 Banca Monte dei Paschi (Milan: BMPS.MI - news) di Siena SpA Earnings

Release

KBHL.CO Q4 2017 Copenhagen Airports A/S Earnings Release

BTPP.PA Full Year 2017 Affine RE SA Earnings Release

APETIT (LSE: 0F55.L - news) .HE Q4 2017 Apetit Oyj Earnings Release

NHBG.MU Q4 2017 Nebelhornbahn AG Earnings Release

TTOG.F Q4 2017 TTL Beteiligungs und Grundbesitz AG Earnings Release

SPSN.S Full Year 2017 Swiss Prime Site AG Earnings Release

AMPF.MI Q4 2017 Amplifon SpA Earnings Release

APME.DE Full Year 2017 Ad Pepper Media International NV Earnings

Release

IMPN.S Full Year 2017 Implenia AG Earnings Release

FNTGn.DE Q4 2017 Freenet AG Earnings Release

EVRE.L Full Year 2017 EVRAZ (LSE: EVR.L - news) plc Earnings Release

KGX.DE Q4 2017 Kion Group AG Earnings Release

ARGX.BR Full Year 2017 argenx NV Earnings Release & Q4 Business

Update

FITBIO.HE Q4 2017 FIT Biotech Oy Earnings Release

ESSI.PA Full Year 2017 Essilor International SA Earnings Release

RTO.L Full Year 2017 Rentokil Initial PLC Earnings Release

SDR.L Full Year 2017 Schroders PLC Earnings Release

NEX.L Full Year 2017 National Express Group PLC Earnings Release

COB.L Full Year 2017 Cobham PLC Earnings Release

HWDN.L Full Year 2017 Howden Joinery Group PLC Earnings Release

SYNTS.L Full Year 2017 Synthomer PLC Earnings Release

(Kit Rees)

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EUROPEAN SHARES SEEN OPENING LOWER (0648 GMT)

Good morning. Is it going to be a new month and a fresh start? That's looking unlikely.

Following on from a weak session in the U.S. as markets continue to digest Fed Chair

Powell's testimony, European shares are seen opening lower, according to financial

spreadbetters. Britain's FTSE 100 is seen opening 42 points lower, Germany's DAX is expected to

fall 87 points and France's CAC is seen 29 points lower.

So it looks like it's going to be a muted start to March, following the STOXX's worst month

since June 2016.

(Kit Rees)

(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)