Group 1 - Allianz Investment highlights that the outlook for the European industrial sector is gradually improving as structural trends begin to support corporate performance [1][3] - The current market environment aligns with Allianz's European equity dividend strategy, which focuses on quality, stable cash flow, and sustainable dividends in industrial companies [1][3] - The European industrial sector is entering a new strategic transformation phase, driven by common goals such as enhancing competitiveness, achieving climate objectives, and reinforcing economic sovereignty [1][2] Group 2 - France's "France 2030" investment plan, launched in August 2024, amounts to €540 billion, aimed at accelerating industrial innovation, energy transition, and technological sovereignty [2] - Germany initiated a €500 billion transformation and infrastructure fund in early 2025, expected to boost GDP growth by up to 2.1% by 2027, benefiting from strong multiplier effects in industrial supply chains, employment, and innovation [2] - The UK government announced a comprehensive infrastructure strategy worth £725 billion in June 2025, focusing on transportation, energy, digital infrastructure, and public services to enhance supply chain capabilities and support long-term economic growth [2] Group 3 - The EU is promoting industrial revival through strategic plans aimed at enhancing long-term competitiveness and resilience, including the "Clean Industrial Deal" and "DIGITAL Programme" [3] - The "REARM Europe" defense initiative is expected to mobilize up to €800 billion in funding over the coming years, focusing on security enhancement and accelerating industrial innovation and transformation [3] - The latest Purchasing Managers' Index (PMI) indicates that the Eurozone manufacturing sector returned to expansion in August 2025, with an index of 50.5, marking the first rebound since mid-2022 [3] Group 4 - Market consensus predicts that European industrial companies will experience some of the strongest earnings growth globally, with expected earnings per share (EPS) growth of approximately 12.5% from 2024 to 2026 [4] - The traditional view of the industrial sector as a non-core area for dividend investment is changing, supported by robust balance sheets, prudent capital utilization, and resilient cash flows [4]