Articles

  • 2 weeks ago | marketscreener.com | Alberto Chiumento |Dimitri Rhodes

    (Reuters) -Dsm-firmenich said on Wednesday it is working with customers and suppliers to mitigate the impact of U.S. tariffs on its business as the chemicals company reported lower than expected adjusted first-quarter core profit. Dsm-firmenich, whose products are used in perfumes made by French luxury groups LVMH and Kering, is well-placed to mitigate the effects of tariffs, finance chief Ralf Schmeitz said on an analyst call.

  • 2 weeks ago | marketscreener.com | Dimitri Rhodes

    (Reuters) -Swiss specialty chemicals maker Clariant reported a smaller-than-expected fall in first-quarter core profit on Tuesday as growth in care chemicals, absorbents and additives outweighed a seasonal decline in catalysts. The group also said its board of directors has appointed Oliver Rittgen as chief financial officer from August 1 to succeed the retiring Bill Collins. Clariant confirmed its 2025 and medium-term targets.

  • 2 weeks ago | marketscreener.com | Mateusz Rabiega |Dimitri Rhodes

    (Reuters) -Accor, Europe's biggest hotel group by portfolio, reported a larger-than-expected rise in first-quarter revenue on Thursday, citing sustained global demand in the hospitality sector supported by its geographical diversification. The operator of brands, including Ibis and Novotel said revenue in the three months to March 31 reached 1.35 billion euros ($1.53 billion), up from 1.24 billion euros a year earlier and above the 1.31 billion euros forecast by analysts polled by the company.

  • 3 weeks ago | ca.finance.yahoo.com | Mateusz Rabiega |Dimitri Rhodes

    (Reuters) -Accor, Europe’s biggest hotel group by portfolio, reported a larger-than-expected rise in first-quarter revenue on Thursday, citing sustained global demand in the hospitality sector supported by its geographical diversification. The operator of brands, including Ibis and Novotel said revenue in the three months to March 31 reached 1.35 billion euros ($1.53 billion), up from 1.24 billion euros a year earlier and above the 1.31 billion euros forecast by analysts polled by the company.

  • 3 weeks ago | marketscreener.com | Dimitri Rhodes

    (Reuters) -Dulux paint maker Akzo Nobel on Wednesday said it sees a manageable cost impact from the tariff war between the U.S. and China and reported a first-quarter profit beat, citing cost reductions and higher pricing. "Our local-for-local and procurement derisking strategic principles continue to largely shield us from direct impacts on our cost base or our ability to deliver," CEO Greg Poux-Guillaume said in statement.