European stocks were mixed on Wednesday amid disappointing news on euro zone industrial output and a flow of generally positive updates from large-cap or high-profile companies.

The FTSE 100 edged down 0.15% to 6,670.40. In Frankfurt, the Dax fell 0.3% to 9,930.71, while in Paris the Cac 40 was up 0.09% to 4,335.26. Euro Stoxx 50 rose 0.02% to 2,934.13.

Euro zone output fell 1.2% in May, much more than the 0.8% decline predicted, with the annual growth rate of 0.5% comparing with expectations for 1.3% growth.

Burberry (BURBY)  jumped more than 6% in London after announcing that first-quarter same-store sales fell 3%, less than the 5% expected. Total retail revenue was £423 million ($562.5 million), up 4%.

Nokia (NOK) - Get Reportrose almost 5% in Helsinki after the telecom equipment maker said it will expand its patent licensing agreement with South Korea's Samsung, a move that it expects to boost net sales of Nokia Technologies from the third quarter of 2016.

Accor (ACCYY) rose more than 3% in Paris on the hotelier's plans to turn its HotelInvest property business into a subsidiary.

Transport company Alstom gained nearly 2% after reporting a 55% quarterly orders slump that the company said was a blip, and 9% quarterly sales growth, in line with estimates.

But Barratt Developments (BTDPY) fell 2% in London as investors took profit after a recent recovery in house builders' shares. The company said pretax profit rose about 20% in the year ended June and that after the June 23 Brexit vote the "immediate outlook for our industry is less clear and it is too early to draw any conclusions regarding market conditions from the short trading period since the referendum." Other house builders fell on the FTSE 100, including Berkeley (BKGFY) and Taylor Wimpey (TWODY) , each down nearly 3% and 0.7%.

Poundland was up 12.5% in London at 220.50 pence after it agreed to a bid from South Africa's Steinhoff International worth 222 pence, including a 2 pence dividend.

Rolls-Royce (RYCEY) was up 3.11% in London after chief executive Warren East said on Tuesday that the company was on track to cut costs by between £150 million and £200 million by 2017, and that it could boost profitability by £1 billion.

In Milan both Monte dei Paschi di Siena and Banca Carige jumped after Italy's finance minister reassured markets about the Italian banking sector. Monte dei Paschi closed more than 5% up and Banca Carige gained more than 4%.

Brent crude was recently down 4.09% at $46.49 a barrel.