The top performer on Europe's STOXX 600 was Schibsted, which soared 12.2 percent after the Norwegian media group reported better-than-expected first-quarter earnings.
Dutch telecoms firm Altice confirmed its full-year guidance for 2016 after its adjusted core earnings rose just 0.9 percent in the first quarter of the year. Shares initially declined, but reversed in later trade, to close up 3.5 percent.
However, French outdoor advertising company JCDecaux sank 10 percent after a slew of brokers including HSBC and Barclays cut their price targetd for the stock.
Utility E.ON said first-quarter core earnings rose 8 percent, helped by a long-term gas supply contract with Gazprom, but shares sank 5.6 percent.
Danish brewer Carlsberg maintained its 2016 guidance despite a fall in sales in the first quarter due to a decline in China and negative currency effects, sending shares to close almost 3 percent down.