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Swiss EMS Chemie H1 sales drop 8.1%, cuts 2024 sales guidance

UPDATE 1-Swiss EMS Chemie H1 sales drop 8.1%, cuts 2024 sales guidance Adds analyst comments in paragraphs 3, 8, 10, share move in paragraph 2 July 12 (Reuters) - Swiss nylon manufacturer EMS Chemie EMSN.S cut its 2024 sales guidance on Friday after reporting weaker-than-expected first-half sales, citing currency effects as the Swiss franc strengthened.
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Admiral, Cucinelli, URW

EUROPE RESEARCH ROUNDUP-Admiral, Cucinelli, URW June 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Cucinelli and URW, on Thursday. HIGHLIGHTS * Admiral ADML.L : BofA Global Research raises to buy from neutral * Adriatic Metals Plc ADT1.L : Berenberg raises to buy from hold * Anglo American AAL.L : Berenberg cuts to sell from hold * Cucinelli BCU.MI : Stifel raises to buy from hold * URW URW.PA : JP Morgan raises to ne
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Admiral, Maersk, Raspberry PI

EUROPE RESEARCH ROUNDUP-Admiral, Maersk, Raspberry PI June 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Maersk and Raspberry, on Tuesday. HIGHLIGHTS * Admiral ADML.L : Berenberg raises to buy from hold; raises PT to 3,127p from 2,973p * Direct Line Insurance DLGD.L : Berenberg cuts to hold from buy * IMI Plc IMI.L : JP Morgan raises target price to 2,200p from 1,850p * Maersk MAERSKb.CO : Morgan Stanley raises target
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K+S places EUR 500 mln bond maturing June 2029

BRIEF-K+S places EUR 500 mln bond maturing June 2029 June 17 (Reuters) - K+S AG SDFGn.DE : SUCCESSFUL PLACEMENT OF A BOND IN THE AMOUNT OF EUR 500 MILLION BOND TO REACH MATURITY IN JUNE, 2029 COUPON OF 4.25% IS INTENDED TO USE THE PROCEEDS FROM THE ISSUE OF THE BOND FOR GENERAL FINANCING PURPOSES, INCLUDING THE REFINANCING OF EXISTING DEBT JOINT BO
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Currys, Ovhcloud, Whitbread

EUROPE RESEARCH ROUNDUP-Currys, Ovhcloud, Whitbread May 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Currys, Ovhcloud and Whitbread, on Thursday. HIGHLIGHTS * Anglo American AAL.L : Jefferies cuts to hold from buy * Currys Plc CURY.L : Berenberg raises to buy from hold * Ovhcloud OVH.PA : Stifel cuts to hold from buy * Solvay SOLB.BR : Morgan Stanley raises to equal weight from underweight * Whitbread WTB.L : Berenberg cuts t
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Germany's chemicals sector sees signs of recovery as demand picks up

Germany's chemicals sector sees signs of recovery as demand picks up By Tristan Veyet and Bartosz Dabrowski May 15 (Reuters) - After a couple of tough years, some German chemicals makers saw signs of recovery in orders and volumes in the first quarter, driven by the improving economic situation and higher demand outside of Europe. The industry in Germany, Europe's largest chemicals producer, suffered heavily throughout 2023 due to high production costs and weak demand amidst high inflation.
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Potash miner K+S confirms 2024 forecast after quarterly profit beat

UPDATE 2-Potash miner K+S confirms 2024 forecast after quarterly profit beat Adds CEO comments in paragraphs 6-7, details on supply in paragraph 10, updates share move in paragraph 5 By Tristan Veyet and Matteo Allievi May 13 (Reuters) - German potash and salt miner K+S SDFGn.DE reiterated its 2024 guidance on Monday after confirming a quarterly core profit beat driven by an upbeat performance in Europe on recovering prices and demand.
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Q1 Revenue At EUR 988 Million Versus Consensus At EUR 904 Million

BRIEF-Q1 Revenue At EUR 988 Million Versus Consensus At EUR 904 Million May 13 (Reuters) - K+S AG SDFGn.DE : 2024 OUTLOOK CONFIRMED Q1 REVENUE AT EUR 988 MILLION VERSUS CONSENSUS AT EUR 904 MILLION Q1 EBITDA AT EUR 200 MILLION VERSUS CONSENSUS AT EUR 165.0 MILLION Q1 FREE CASH FLOW AT EUR +111 MILLION VERSUS CONSENSUS AT EUR +68 MILLION Q1 RESULT A
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K+S confirms Q1 earnings beat and 2024 guidance as potash prices stabilise

K+S confirms Q1 earnings beat and 2024 guidance as potash prices stabilise May 13 (Reuters) - German potash and salt miner K+S SDFGn.DE confirmed its core profit beat on Monday, as it benefited from a strong European specialty and industry business performances. The Hessian-based firm posted earnings before interests, taxes, depreciation and amortization of 200 million euros ($215.38 million), 21% above analysts' expectations of 165 million euros, according to a poll by Vara research.
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K&S posts Q1 profit above market expectations, shares rise

UPDATE 1-K&S posts Q1 profit above market expectations, shares rise Adds share move, company quote, guidance confirmation; paragraphs 3-6 April 30 (Reuters) - German salt and potash miner K&S SDFGn.DE on Tuesday reported its profit above market expectations for the first quarter, citing strong European, specialty and industry businesse s . Based on preliminary calculations, the company posted quarterly earnings before interest, taxes, depreciation and amortization (EBITDA) at around 200 million
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K&S posts Q1 profit above market expectations

K&S posts Q1 profit above market expectations April 30 (Reuters) - German salt and potash miner K&S SDFGn.DE on Tuesday reported its profit above market expectations for the first quarter, citing strong European, specialty and industry business. Based on preliminary calculations, the company posted quarterly earnings before interest, taxes, depreciation and amortization (EBITDA) at around 200 million euros ($213.96 million), above analysts' forecast of 165 million in a poll compiled by Vara Rese
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K+S Q1 Ebitda At About EUR 200 Mln

BRIEF-K+S Q1 Ebitda At About EUR 200 Mln April 30 (Reuters) - K+S AG SDFGn.DE : EBITDA AND ADJUSTED FREE CASH FLOW IN THE FIRST QUARTER OF 2024 SIGNIFICANTLY ABOVE MARKET EXPECTATIONS; FORECAST FOR THE FULL YEAR 2024 UNCHANGED EBITDA OF K+S GROUP IN Q1 OF 2024 IS SIGNIFICANTLY ABOVE MARKET EXPECTATIONS AT ABOUT EUR 200 MILLION AT ABOUT EUR 111 MILL
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