By Sara Sjolin, MarketWatch

LONDON (MarketWatch)--Earnings reports were high on the agenda in Europe on Wednesday, moving shares of prominent companies such as Peugeot SA, Airbus Group NV and Barclays PLC.

Risers

ASML Holding NV soared 14% after the Dutch semiconductor equipment maker confirmed that developments in its extreme ultraviolet, or EUV, technologies, were ahead of targets.

Peugeot SA jumped 6%. The French car maker said it returned to profit in the first half of the year for the first time in three years.

Airbus Group NV rallied 3% after the world's second-largest maker of commercial jetliners said first-half net profit rose 50%.

Barclays PLC (BCS) added 4.2% after the bank said it swung to a profit in the second quarter. Chief Executive Antony Jenkins said the company is making progress in slimming the business, an effort to make it less dependent on its investment banking division.

BBVA SA (BBVA) rose 1.1%, after the Spanish lender reported a second-quarter profit that was broadly in line with expectations. Profit fell sharply as the bank was hit by losses in its South American units and a slide in trading income.

Bayer AG advanced 1.5% after the German drugs and crop-protection-products maker said second-quarter profit climbed 14%.

Decliners

Total SA (TOT) slumped 4.9%. The French oil giant reported a 12% drop in second-quarter adjusted profit and said it's preparing for the possible impact of tougher sanctions on Russia.

Other oil producers were also falling, with shares of Royal Dutch Shell PLC (RDSB) off 1.8%, Eni SpA 2.1% lower and BP PLC (BP) down 0.5%. BP warned on Tuesday that further economic restrictions on Russia could hurt its business.

Schneider Electric SE erased 4.3% after the French electrical-equipment maker said first-half profit was again hit by the strength of the euro.

Osram Licht AG slid 8.3% after the German lighting maker late Tuesday laid out restructuring measures aimed at reducing costs that will involve shedding around 7,800 jobs. The measures are necessary "against the backdrop of the rapidly declining market for traditional products in general illumination," the company said.

Cement maker Holcim Ltd. lost 4.8% after its second-quarter earnings missed expectations.

Another cement maker, HeidelbergCement AG dropped 2.8%. The German company also missed second-quarter earnings expectations.

Carlsberg AS fell 2.7% after Deutsche Bank cut the Danish brewer to sell from hold.

More must-reads from MarketWatch:

How to play the pound in Scotland's independence vote

Reported transcript between Obama and Netanyahu fuels uproar

Why the 10-year Treasury could yield 4% by Thanksgiving

Subscribe to WSJ: http://online.wsj.com?mod=djnwires