Handelsbanken gains on higherthanexpected dividend
Vestas rises after Q4 operating profit beat
Equinor falls on shareholder payout cut

Feb 7 Reuters European shares were flat on Wednesday as the effect of easing government bond yields and gains in companies with upbeat earnings reports were offset by a slide in healthcare and energy stocks.

The panEuropean STOXX 600 index was unchanged at 486.66 points as of 0947 GMT.

TeamViewer39;s shares jumped 7 to the top of the benchmark index after the German software developer reported higherthanexpected fourthquarter revenue and earnings.

Energy companies were at the forefront of an earningsheavy session, with shares of Vestas rising 5.8 after the Danish wind turbine maker beat fourthquarter operating earnings forecasts.

On the flip side, Equinor shed 5.2 after the Norwegian oil and gas producer said it would cut its overall cash returns to shareholders this year by 3 billion.

TotalEnergies also slipped 1.4 after the French group39;s net adjusted income fell in the fourth quarter, mainly due to lower oil prices and refining margins.

The oil and gas sector slipped 0.3.

Of the 85 STOXX 600 companies that have reported earnings so far, 55.3 have beaten analyst estimates, LSEG data showed.

Heavyweight healthcare stocks were also a drag, falling 0.4. They were weighed down by Zealand Pharma, whose 7 slide was set to its biggest in nearly a year.

Automobiles led sectoral gains, with their 1.7 increase helmed by Italian…