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European Stocks Advance; Givaudan Increases, Diageo Falls

European stocks rose, paring this month’s loss for the Stoxx Europe 600 Index, as companies from Givaudan SA to Hennes & Mauritz AB reported earnings.

Givaudan jumped 6.3 percent after posting full-year net income that beat analyst estimates. Roche Holding AG climbed 4.3 percent after forecasting that profit will increase faster amid rising sales. Diageo Plc, the world’s biggest distiller, lost