Regional stock markets opened mixed on Tuesday, European futures data showed, as investors braced for a slew of corporate earnings reports.

6:30 a.m. London (1:30 a.m. ET), futures pegged to London Stock Exchange FTSE 100 are flat, while those tied to German DAX Index Slightly lower, France CAC 40 Futures rose 0.1%.

Swiss SMI Futures fell about 0.2%, while futures linked to pan-European futures Stoxx 50 Index Not much has changed.

Tuesday will be a busy day for corporate earnings releases, with many of Europe’s best-known companies updating investors on their financial health.

Among them are PhilipsFull-year 2025 earnings were reported before the bell on Tuesday morning.

While the company reported a 6% increase in comparable order volume and returned to profitability after a net loss in 2024, it also cut its outlook for 2026. The company said it now expects comparable sales growth to fall in the range of 3% to 4.5% this year, below its 2026 forecast. previously expected 4.5%.

Philips’ net profit for the year increased by 1.6 million euros ($1.9 million) due to higher operating income, lower income tax expense and lower expenses. Separately, the company said on Tuesday it was proposing to re-appoint CEO Roy Jakobs, which will be submitted to shareholders for approval at the company’s annual shareholder meeting on May 8.

Jacobs told CNBC’s “Squawk Box Europe” on Tuesday that Philips’ earnings contained “a lot of very good news,” with orders rising 7% and profit margins growing despite tariff headwinds.

“It’s a gradual path to improvement,” he said. “Our order book is very strong in 2025, but it’s going to take some time to actually translate that into sales. That’s built into the guidance, but we’ve gone from 2% (sales growth last year) to 3% to 4.5% in 2026, so sales are significantly higher.”

Tuesday’s earnings report also includes AstraZeneca, blood pressure, Spotify, barclays bank and dry.

Elsewhere, investors will also be watching the political situation in the UK, where Prime Minister Keir Starmer’s position remains at risk. legislators are exert pressure Starmer’s resignation comes after a series of U-turns and fresh controversy over the appointment of Peter Mandelson, whose relationship with disgraced financier Jeffrey Epstein has been in the headlines.

Overnight, U.S. stock index futures generally lower after the Dow Jones Industrial Average closed at a record high. exist Asiastocks rose, pushing Japan’s benchmark Nikkei 225 index to a record high.