MILAN, Nov 19 (Reuters) - European shares opened higher on Thursday led by Sodexo EXHO.PA after a solid update and helped by strong gains among mining stocks.
The pan-European FTSEurofirst 300 index .FTEU3 , which fell 0.2 percent on Wednesday, rose 0.9 percent and euro zone's blue-chip Euro STOXX 50 index .STOXX50E rose 1 percent.
Sodexo rose more than 8 percent after the French catering-to-vouchers group said it would further cut costs to cope with a volatile global economy and forecast higher revenues and operating profit for the fiscal year 2015-16.
Mining stocks .SXPP were the top sectoral gainer to rise 2.8 percent, with BHP Billiton BLT.L leading the way after saying its priority was to maintain a healthy balance sheet.
Thyssenkrupp TKAG.DE rose 1.3 percent, reversing initial losses after mixed results and a cautious outlook for the year. Brokers said the dividend was less than expected but its quarterly adjusted operating profit beat expectations.