Euro Stoxx 50

Accor is a French multinational hospitality group and one of the world's leading hotel operators, listed on the EuroStoxx 50. With brands ranging from budget to luxury — including ibis, Novotel, Sofitel and Raffles — it manages thousands of hotels across more than 110 countries and is an active player in the global travel industry.

Airbus SE is one of the world's two dominant commercial aircraft manufacturers, rivalling Boeing. Founded in 1970 as a European consortium, it is headquartered in Leiden, the Netherlands, with major facilities in Toulouse, Hamburg and Seville. Its A320neo family is the world's best-selling narrow-body aircraft, while the A350 competes with the Boeing 787 on long-haul routes. Airbus also makes military aircraft, helicopters and satellites.

Anheuser-Busch InBev (AB InBev) is a Belgian-Brazilian multinational brewing company headquartered in Leuven, Belgium. It is the world's largest brewer, with a global market share approaching 25%. Its portfolio of brands includes Budweiser, Corona Extra, Stella Artois and Beck's at the global level, alongside a wide range of local brands in the markets where it operates.

ASML Holding is the world's only manufacturer of extreme ultraviolet (EUV) lithography machines, the equipment essential for printing the most advanced semiconductor chips. Founded in 1984 as a joint venture between Philips and Advanced Semiconductor Materials, it is headquartered in Eindhoven, the Netherlands. ASML's monopoly on EUV technology makes it a strategic bottleneck in global chip production, attracting intense geopolitical attention.

BASF SE (Badische Anilin- und Soda-Fabrik) is a German multinational and the world's largest chemical producer, headquartered in Ludwigshafen. It operates through six integrated production sites and nearly 400 additional sites across Europe, Asia, Australia, the Americas and Africa. Its customers span over 190 countries and virtually every industrial sector.

Capgemini SE is a French multinational information technology services and consulting company headquartered in Paris. The business was established as Sogeti by Serge Kampf in 1974 and adopted the Capgemini name after a series of acquisitions. Today it is one of the world's largest IT services groups, advising clients across digital transformation, cloud and data analytics.

Dassault Systèmes is a French software publisher specialising in 3D design, digital mock-ups and product lifecycle management (PLM) solutions. Founded in 1981 to digitise aircraft design, the company has since broadened into software for industry, architecture and the life sciences. It is Europe's leading software group by revenue and is listed on Euronext Paris.

Deutsche Post AG, trading as DHL Group, is a German multinational package delivery and supply chain management company headquartered in Bonn. It is one of the world's largest courier operators. The Deutsche Post division delivers around 61 million letters daily in Germany, making it Europe's largest postal company, while its DHL parcel arm claims coverage in over 220 countries and territories.

Enel is an Italian multinational electricity and gas utility. First established as a public body in 1962, it was converted into a joint-stock company in 1992 and partially privatised in 1999 following the liberalisation of Italy's electricity market. The Italian state, through the Ministry of Economy and Finance, remains the largest single shareholder.

The Euro Stoxx 50 is the leading blue-chip index for the eurozone, representing 50 large companies across 11 countries. Created by STOXX in 1998, it includes firms from Germany, France, the Netherlands, Spain and Italy, spanning sectors such as technology, banking, energy and consumer goods. It is the most widely used benchmark for eurozone equity portfolios and derivatives.

Heineken is one of the world's best-known beer brands and the holding company of the same name is a major constituent of the EuroStoxx 50. The Dutch brewer, founded in Amsterdam in 1864, operates breweries across more than 70 countries. Alongside its flagship Heineken lager, the group manages a broad portfolio of local and international beer brands.

Intesa Sanpaolo is an Italian banking group formed through the merger of Banca Intesa and Sanpaolo IMI, headquartered in Turin. It holds clear market leadership in Italian retail banking and has a growing international presence, particularly in Central and Eastern Europe and the Mediterranean basin.

Kering is a French multinational luxury goods holding company headquartered in Paris. It owns a portfolio of some of the most prestigious names in fashion and accessories, including Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta and Alexander McQueen. The group traces its origins to the timber trading company Pinault S.A., founded by François Pinault in 1962.

Münchener Rück AG, better known as Munich Re, is a German reinsurance company headquartered in Munich. It is the world's largest reinsurer, with over 5,000 clients in 160 countries. Munich Re shares are traded on all German stock exchanges, including the Frankfurt Stock Exchange, and the company is a constituent of both the DAX and the Dow Jones Euro Stoxx 50.

Neste Oyj is a Finnish energy company and one of the world's largest producers of renewable diesel and sustainable aviation fuel (SAF). Originally a conventional oil refiner, it has undergone a significant strategic transformation towards renewable products. It is listed on Nasdaq Helsinki and is a constituent of the EuroStoxx 50.

NN Group NV is the parent company of Nationale-Nederlanden, one of the Netherlands' largest insurance and asset management groups. It offers life insurance, pensions, savings and investment products to customers in the Netherlands, Belgium and a number of other European markets. NN Group is listed on Euronext Amsterdam.

Koninklijke Philips NV is a Dutch technology company founded in Eindhoven in 1891. Once one of the world's broadest consumer electronics manufacturers, it has over recent decades repositioned as a health technology specialist, focusing on diagnostic imaging, patient monitoring and connected care solutions. Its main offices are in Amsterdam.

RWE AG is one of Germany's largest energy producers and a major global player in renewable energy. Headquartered in Essen, it operates wind, solar and hydroelectric power plants as well as conventional generation assets. Following a landmark asset swap with E.ON in 2019, RWE exited the networks and retail business to focus entirely on large-scale power generation, with an ambitious renewables expansion plan.

Schneider Electric is a global leader in energy management and industrial automation, providing products and software to manage electricity from the grid through to buildings, data centres and factories. Headquartered in Rueil-Malmaison, France, it serves customers in over 100 countries. Its EcoStruxure platform integrates IoT connectivity with energy efficiency solutions, making it a key enabler of the digital and energy transitions.

Snam SpA is an Italian energy infrastructure company. As of the end of 2023, it had a market capitalisation of approximately €15.6 billion. Originally a subsidiary of Italian energy major Eni, Snam has become an independent company whose largest shareholder is CDP Reti, a holding company controlled by the Italian state.

Solvay is a Belgian chemicals group founded in 1863. Headquartered in Brussels, it employs more than 9,000 people across 40 countries. Since late 2023, following its demerger and the creation of the new entity Syensqo, Solvay has refocused on essential chemistry — basic and specialty chemicals that serve a broad range of industrial end markets.

UCB (Union chimique belge) is a Belgian biopharmaceutical multinational headquartered in Brussels. The company focuses on the discovery and development of medicines for severe diseases, particularly in neurology and immunology. Every three years it awards the UCB Prize under the patronage of the Queen Elisabeth Medical Foundation to promote neuroscience research.

UniCredit SpA is Italy's largest bank by client numbers, formed from the merger of Credito Italiano and UniCredito. The group has a significant presence in Austria, Germany and Central and Eastern Europe, making it one of the most geographically diversified banks in the eurozone.

Veolia is a French multinational and world leader in environmental services. Founded in 1853, it manages water, waste and energy services for municipalities and industry in more than 40 countries. It is the largest global operator of water treatment and a leading manager of waste processing and urban district heating networks.

Wolters Kluwer is a Dutch company specialising in professional information, software and services for the legal, healthcare, tax and financial sectors. Founded in 1836, it has a presence in more than 150 countries and is a market leader in information solutions for lawyers, doctors, accountants and auditors. It is listed on Euronext Amsterdam.