Market updates

Chocolate maker Barry Callebaut's half year sales volumes drop
April 05, 2023 03:09 PM AEST | By Reuters(Reuters) - Barry Callebaut, the world's biggest chocolate maker, on Wednesday reported lower half year sales volumes due to limited availability of i...

US semiconductor index hits highest in nearly a year on hopes for in...
March 31, 2023 04:26 AM AEDT | By ReutersBy Chuck Mikolajczak NEW YORK (Reuters) - The Philadelphia semiconductor index hit its highest level in nearly a year on Thursday, as optimism grows t...

Zur Rose delays profitability break-even to 2024
March 23, 2023 07:26 PM AEDT | By ReutersBy Anastasiia Kozlova and Tristan Chabba (Reuters) - Swiss online drug retailer Zur Rose on Thursday said it will not reach break-even in adjusted cor...

Czech utility CEZ's 2022 profit rise indicates record dividend
March 21, 2023 06:06 PM AEDT | By ReutersPRAGUE (Reuters) - Czech utility CEZ on Tuesday posted a record 78.4 billion crown ($3.50 billion) annual adjusted net profit that beat its own foreca...

Mercuria 2022 profit more than doubles to a record high -document
March 21, 2023 06:05 PM AEDT | By ReutersBy Julia Payne LAUSANNE, Switzerland (Reuters) - Global commodities trader Mercuria made a record net profit of $2.98 billion in 2022 after Russia's i...

Chemicals group Lanxess sees drop in Q1 core profit
March 15, 2023 05:14 PM AEDT | By Reuters(Reuters) - German speciality chemicals maker Lanxess on Wednesday forecast a drop in first-quarter core profit after it reported higher earnings for...

Wacker Chemie sees lower 2023 profit
March 14, 2023 05:20 PM AEDT | By Reuters(Reuters) -German chemicals maker Wacker Chemie said on Tuesday it expected a drop in its 2023 core earnings, citing significantly lower selling price...

Hugo Boss sees slowing sales in 2023
March 09, 2023 05:50 PM AEDT | By Reuters(Reuters) - German fashion house Hugo Boss on Thursday said it expected 2023 sales to grow at a mid-single-digit percentage rate, slower than last yea...

AIB hikes shareholder returns, 'well on track' to hit growth targets
March 08, 2023 06:43 PM AEDT | By ReutersDUBLIN (Reuters) - AIB on Wednesday followed main rival Bank of Ireland in hiking its returns to shareholders and said a good start to 2023 with posit...

Dormakaba sees full-year organic growth above mid-term target of 3%...
March 07, 2023 04:52 PM AEDT | By Reuters(Reuters) - Swiss security group Dormakaba Holding AG on Tuesday said it expects continued organic growth above its mid-term target range of 3% to 5%...

Germany's Evonik sees lower 2023 core profit as animal feed prices d...
March 03, 2023 02:12 AM AEDT | By ReutersBy Antonis Pothitos and Tristan Chabba (Reuters) - German chemicals company Evonik Industries on Thursday forecast a fall in its 2023 core profit on l...

Clariant sees slight sales drop in 2023
March 02, 2023 05:19 PM AEDT | By Reuters(Reuters) - Clariant forecast on Thursday annual sales to slightly decline in 2023, after reporting sales for the full year fairly in line with expect...

Evonik sees lower 2023 core profit
March 02, 2023 04:48 PM AEDT | By Reuters(Reuters) - German chemicals group Evonik Industries on Thursday forecast 2023 core profit below last year's level, as animal nutrition prices decline...

Beiersdorf prepares for slower sales after bumper 2022
March 01, 2023 11:40 PM AEDT | By ReutersBERLIN (Reuters) - Nivea maker Beiersdorf expects organic sales growth to slow this year to a mid-single-digit range after reporting double-digit grow...

Puma sees 2023 operating profit of 590-670 million euros
March 01, 2023 06:14 PM AEDT | By Reuters(Reuters) - German sportswear maker Puma on Wednesday forecast 2023 operating profit around last year's level, as it expects currency effects and high...

Beiersdorf achieves double-digit sales growth in 2022
March 01, 2023 05:33 PM AEDT | By ReutersBERLIN (Reuters) - Beiersdorf achieved double-digit organic sales growth for the first time in two decades, said Chief Executive Vincent Warnery on We...

Bayer says Jeff Ubben joins its independent sustainability council
February 27, 2023 08:15 PM AEDT | By ReutersFRANKFURT (Reuters) - Bayer said on Monday that investor Jeff Ubben has been appointed to join the drugmaker's independent sustainability council. (Re...

Danish services group ISS sees organic growth of 4-6% in 2023
February 23, 2023 05:54 PM AEDT | By ReutersCOPENHAGEN (Reuters) - Danish services group ISS on Thursday reported operating profits for the second half of 2022 slightly below expectations and pr...

Singapore's Wilmar annual profit jumps 27% on oilseeds, grains segme...
February 21, 2023 08:36 PM AEDT | By Reuters(Reuters) - Singapore-listed agribusiness Wilmar International Ltd on Tuesday reported a 27% rise in full year net profit, boosted by strong performan...

Moody's cuts Adidas credit rating to A3 after profit warning
February 18, 2023 04:33 AM AEDT | By Reuters(Reuters) - Moody's on Friday dowgraded Adidas' long-term issuer rating one notch to A3 from A2, citing the sportswear maker's recent profit warning,...
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