European equities climbed to fresh record levels on Thursday, buoyed by strong corporate earnings. The STOXX 50 surged more than 1% to break above the 6,100 mark, while the broader STOXX 600 gained 0.6% to around 625 points. Among standout movers, Legrand rose 3.5% after the electrical and digital infrastructure group slightly upgraded its medium-term profitability targets, supported by robust demand from data centers. Hermes added more than 2% following another quarter of steady revenue growth. Siemens jumped 6% after the technology group lifted its earnings guidance on the back of a strong start to its fiscal year. On the downside, Mercedes-Benz slid nearly 4% after reporting a sharp decline in annual profits. Unilever dropped over 3%, warning that 2026 sales growth would likely land at the lower end of its guidance range due to slower demand in the US and Europe, despite a fourth-quarter sales beat in emerging markets.