European markets are growing on the background of positive company reports

European stock indexes are showing steady growth on Wednesday, due to the favorable reaction of investors to the publication of financial reports of companies over the past year. 

According to trading data, the British FTSE 100 index rose by 0.57%, reaching 8,718.48 points. The French CAC 40 increased by 1.1% to 8,139.52 points, while the German DAX added 1.35%, rising to 22,698.16 points.

Optimism in the market is supported by the growth of shares of a number of large companies that have presented positive financial results. In particular, in Germany, shares of the Belgian brewing giant Anheuser-Busch InBev (AB InBev) increased in value by 7.15% after the publication of the financial statements. Net profit attributable to shareholders increased by 9.6%, reaching $5.855 billion. Earnings per share rose to $2.92, compared with $2.65 a year earlier.

The French company Danone, specializing in the production of dairy products, also saw its share price rise by 1.18%. This was due to the report, which showed that the company's net profit increased 2.3 times last year, reaching 2.021 billion euros. Operating profit increased 1.7 times, amounting to 3.379 billion euros.

Meanwhile, on the same day, the GfK research organization presented data on consumer confidence in the German economy. According to the report, in March, this indicator fell to minus 24.7 points, down from the revised February reading of minus 22.6 points.