European Utilities: Q3 2026
High Interest Rates Mask Improving Fundamentals
European utilities underperformed in Q3 as higher interest rates continued to weigh on sentiment. Yet beneath the surface, fundamentals are improving, with stronger earnings, guidance upgrades, and attractive valuations emerging across the sector. Rising gas and power prices, rebounding renewable investments, and supportive regulatory developments are creating opportunities for long-term investors.
Our latest Industry Pulse explores where value can be found and highlights the companies best positioned to benefit from these evolving market dynamics. Download here.
