Earnings season continued in full flow. Shipping giant Moller-Maersk reported revenues that undershot expectations and said that its 2016 underlying results will be significantly below last year's, sending shares as much as 9 percent down, before paring to close 3.5 percent down.
In the drinks space, Danish brewer Carlsberg reported a pre-tax loss of 1.73 billion Danish crowns ($261.8 million) in 2015, and said it expects "to deliver low-single-digit organic operating profit growth and a further reduction in financial leverage" in 2016. Shares jumped 4 percent.
Rival Heineken on the other hand, raised its dividend by more than expected and forecast higher revenues and profits this year. Shares fell some 3 percent.
In the technology space, ARM Holdings, a supplier to Apple, reported a 17 percent rise in pre-tax profit in the fourth quarter of 2015, but shares in the firm were off more than 4 percent.
One of Europe's worst performers was Tullow Oil, which slipped 8.5 percent, after the company reported an operating loss for the second year running.
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