Earnings continued in full swing on Friday as a number of big companies reported results.
Shares in Airbus jumped to the top of the CAC, up as much as 4.4 percent, before closing around 3.5 percent higher, after it reported a rise in first-half core operating profit and revenue driven by strong uptake of helicopters and passenger jets.
However, the plane-maker also reported a further charge because of development delays in its new A400M, caused by a fatal crash in May.
BNP Paribas, finished around 2.6 percent higher after the French lender reported better-than-expected profit on Friday, as the strong dollar gave its earnings a boost.
Also in France, supermarket group Carrefour ended 0.9 percent higher, reversing earlier losses after it said its recurring operating profit rose 2.6 percent to 726 million euros in the first half of 2015, beating market expectations.
Meanwhile in the U.K., Lloyds Banking Group shares fell to near the bottom of the FTSE 100, down over 2.7 percent.
The part state-owned bank said that underlying profit for the first half of 2015 rose 15 percent year-on-year to £4.4 billion. However, it set aside a further £1.4 billion ($2.2 billion) to compensate customers for its mis-selling of loan insurance.
Across the Atlantic, U.S. stocks traded in a narrow range Friday, the final day of trade for July, as investors digested soft U.S. data and energy earnings.