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Arkema, Flatexdegiro, Mediobanca

EUROPE RESEARCH ROUNDUP-Arkema, Flatexdegiro, Mediobanca Oct 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Arkema, Flatexdegiro and Mediobanca, on Thursday. HIGHLIGHTS * Arkema SA AKE.PA : Berenberg raises to buy from hold * Flatexdegiro AG FTKn.DE : Goldman Sachs raises to buy from neutral * Mediobanca MDBI.MI : Deutsche Bank raises to hold from sell * Orsted ORSTED.CO : Deutsche Bank cuts to hold from buy * Syensqo NV SYENS.
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Syngenta Q3 core profit up y/y, sees gradual market recovery in 2025

Syngenta Q3 core profit up y/y, sees gradual market recovery in 2025 Oct 30 (Reuters) - Agrichemicals company Syngenta more than doubled its third-quarter core profit compared to a particularly weak prior-year quarter, but fell short of the previous quarter's result citing bad weather, price pressure and customer restraints. Earnings before interest, tax, depreciation and amortization (EBITDA) came in at $0.7 billion in the July-September period after $0.3 billion last year, when earnings were h
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Europe before the bell: Results first, budget later

LIVE MARKETS-Europe before the bell: Results first, budget later Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE BEFORE THE BELL: RESULTS FIRST, BUDGET LATER It's going to be a busy day, in fact it's already been one, but at the moment, European share markets are set to open meaningfully lower as traders process a slew of company earnings, before the focus turns to Britain
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BASF sees 2024 profit at lower end of range on weaker auto, agriculture demand

UPDATE 2-BASF sees 2024 profit at lower end of range on weaker auto, agriculture demand BASF sees 2024 adj EBITDA at low end of 8-8.6 bln euro range New CEO cites weaker demand from carmakers, farmers Q3 adj EBITDA up 5%, slightly below market view Adds to signs of gloomy economic prospects in Germany Adds more cautious outlook in first paragraph, updates throughout By Ludwig Burger and Patricia Weiss FRANKFURT, Oct 30 (Reuters) - BASF BASFn.DE on Wednesday predicted full-year earnings growth at
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BASF ‍​Q3 EBITDA Before Special Items Up At EUR 1.6 Bln

BASF ‍​Q3 EBITDA Before Special Items Up At EUR 1.6 Bln Oct 30 (Reuters) - BASF SE BASFn.DE : ‍​Q3 EBITDA BEFORE SPECIAL ITEMS UP AT EUR 1.6 BILLION VERSUS EUR 1.5 BILLION YEAR AGO DUE TO HIGHER EARNINGS OF CORE BUSINESSES Q3 ‍​SALES AT EUR 15.7 BILLION VERSUS AT EUR 15.7 BILLION YEAR AGO ‍​Q3 EBITDA MARGIN BEFORE SPECIAL ITEMS AT 1
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BASF Q3 adj profit up 5% on gains at Materials unit

BASF Q3 adj profit up 5% on gains at Materials unit FRANKFURT, Oct 30 (Reuters) - BASF BASFn.DE has posted a 5% increase in third-quarter operating earnings as gains at the Materials division that makes precursor chemicals for plastics outweighed a slump at its agriculture unit. In a statement on Wednesday, the group said quarterly earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for one-offs, came in at 1.62 billion euros ($1.75 billion), slightly below the aver
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FMC beats third-quarter profit estimates on strong North America sales, lower costs

FMC beats third-quarter profit estimates on strong North America sales, lower costs Oct 29 (Reuters) - Agrichemicals firm FMC FMC.N beat Wall Street estimates for quarterly profit on Tuesday, helped by strong sales in North America and lower costs. FMC, which makes insecticide and fungicide, had seen a sharp drop in demand in 2023 as high inventory levels of crop chemicals across several regions had weighed in on earnings.
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead Oct 25 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 29-Oct-2024 06:30 ADSGn.DE Adidas AG Q3 2024 Adidas AG Earnings Release 29-Oct-2024 06:00 1COV.DE Covestro AG Q3 2024 Covestro AG Earnings Release 30-Oct-2024 AMC AIR.PA Airbus SE Q3 2024 Airbus SE Earnings Release 30-Oct-2024 BMO VOWG.DE Volkswagen AG Q3 2024 Volkswagen AG Earnings Release 30-Oct-20
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India's Coromandel International posts Q2 profit drop as costs rise

India's Coromandel International posts Q2 profit drop as costs rise Oct 24 (Reuters) - Indian agricultural chemicals firm Coromandel International CORF.NS posted a fourth straight fall in quarterly profit on Thursday, hurt by higher costs. Consolidated profit after tax fell 12.3% to 6.64 billion rupees ($79 million) for the quarter ended Sept.30 from 7.57 billion rupees a year earlier.
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BASF Invests In Increasing Production Capacity At Ludwigshafen Site

BRIEF-BASF Invests In Increasing Production Capacity At Ludwigshafen Site Oct 24 (Reuters) - BASF SE BASFn.DE : BASF SE - BASF INVESTS IN INCREASING PRODUCTION CAPACITY OF NEOPOR® AT LUDWIGSHAFEN SITE BASF SE - EXPANSION OF PRODUCTION CAPACITY BY 50,000 METRIC TONS PER YEAR BASF SE - START-UP OF NEW PRODUCTION FACILITIES IS SCHEDULED FOR EARLY 202
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Harbour Energy joins North Sea producers' retreat ahead of tax hikes

EXCLUSIVE-Harbour Energy joins North Sea producers' retreat ahead of tax hikes Government plans to increase tax at next week's budget Harbour eyes U.S. listing with next acquisition Harbour launches sale of North Sea field stakes Executive warns North Sea "un-investible" By Ron Bousso LONDON, Oct 23 (Reuters) - Top British North Sea producer Harbour Energy HBR.L wants to sell stakes in North Sea oilfields and is reviving plans for a U.S.
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BASF Says About 250 KG Of Pantolactone Leaked In Ludwigshafen Into Rhine

BRIEF-BASF Says About 250 KG Of Pantolactone Leaked In Ludwigshafen Into Rhine Oct 17 (Reuters) - BASF SE BASFn.DE : ON OCTOBER 17, BETWEEN 1000 AND 1130, ABOUT 250 KG OF PANTOLACTONE LEAKED FROM COOLING WATER SYSTEM OF BASF SE IN LUDWIGSHAFEN INTO RHINE (ADDS MISSING WORK 'LEAKED', CLARIFIES SYNTAX) PRODUCT LEAKAGE HAS BEEN STOPPED THE CAUSE IS ST
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BASF Receives Funding Approval Of Up To Eur 310 Mln

BRIEF-BASF Receives Funding Approval Of Up To Eur 310 Mln Oct 15 (Reuters) - BASF SE BASFn.DE : RECEIVES FUNDING APPROVAL FOR THE CONSTRUCTION OF THE WORLD’S LARGEST INDUSTRIAL HEAT PUMP FOR CO2-FREE STEAM GENERATION START OF CONSTRUCTION SCHEDULED FOR 1ST QUARTER OF 2025 THE GERMAN FEDERAL MINISTRY FOR ECONOMIC AFFAIRS AND CLIMATE ACTION TO PROV
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Germany earmarks $3 billion for decarbonisation subsidies

Germany earmarks $3 billion for decarbonisation subsidies Berlin to subsidise companies in exchange for emissions cuts Has awarded first 15 'climate protection contracts' Critics say plan protects uncompetitive sectors, is inefficient BERLIN, Oct 15 (Reuters) - The German government has earmarked up to 2.8 billion euros ($3.1 billion) to support 15 industrial companies in their bid to decarbonise under its first round of "climate protection contracts", the economy ministry said on Tuesday.
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Bunzl, Equinor ASA, L'Oreal

EUROPE RESEARCH ROUNDUP-Bunzl, Equinor ASA, L'Oreal Oct 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bunzl, Equinor ASA and L'Oreal, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : UBS raises target price to EUR 279 from EUR 275 * Bunzl BNZL.L : JP Morgan raises to overweight from neutral * Equinor ASA EQNR.OL : Morgan Stanley raises to equal weight from underweight * L'Oreal OREP.PA : Citigroup cuts target price to EUR 420 from
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JPM restarts BASF with 'neutral', expecting gradual recovery

BUZZ-JPM restarts BASF with 'neutral', expecting gradual recovery ** J.P.Morgan resumes coverage of BASF BASFn.DE with "neutral", as it sees a gradual recovery despite near-term uncertainty related to revival of China demand and lower interest rates ** Though mid-term supply and demand challenges affect the industry, the broker expects a gradual re
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ArcelorMittal, Barratt Redrow, Croda

EUROPE RESEARCH ROUNDUP-ArcelorMittal, Barratt Redrow, Croda Oct 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including ArcelorMittal , Barratt Redrow and Croda on Friday. HIGHLIGHTS * ArcelorMittal SA MT.AS : JP Morgan cuts to neutral from overweight * Barratt Redrow Plc BTRW.L : Citigroup cuts target price to 600p from 615p * Croda CRDA.L : JP Morgan cuts target price to 3875p from 4200p * Jet2 Plc JET2.L : Morgan Stanley raises targe
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Clp China, BASF And Envision Energy Sign 10-Year Power Purchase Agreement

BRIEF-Clp China, BASF And Envision Energy Sign 10-Year Power Purchase Agreement Oct 10 (Reuters) - BASF SE BASFn.DE : CLP CHINA - CLP CHINA (CLP), BASF, AND ENVISION ENERGY SIGNED A 10-YEAR POWER PURCHASE AGREEMENT TO SUPPORT BASF'S ADOPTION OF 100% RENEWABLE ENERGY AT ITS MANUFACTURING SITES IN NANJING, RUDONG, AND ZHENJIANG IN JIANGSU PROVINCE CL
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Imperial Brands, Kingfisher, Nestle SA

EUROPE RESEARCH ROUNDUP-Imperial Brands, Kingfisher, Nestle SA Oct 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Imperial Brands , Kingfisher and Nestle SA, on Wednesday. HIGHLIGHTS * Aixtron AIXGn.DE : Deutsche Bank cuts to hold from buy * ING INGA.AS : Deutsche Bank cuts to hold from buy * Imperial Brands IMB.L : JP Morgan raises target price to 2,600p from 2,250p * Kingfisher KGF.L : HSBC raises target price to 360p from 305
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Evonik Industries Evonik And BASF Agree On First Delivery Of Biomass-Balanced Ammonia With Reduced Co2 Footprint

BRIEF-Evonik Industries AG - Evonik And BASF Agree On First Delivery Of Biomass-Balanced Ammonia With Reduced Co2 Footprint Oct 7 (Reuters) - EVONIK EVKn.DE : EVONIK INDUSTRIES AG - EVONIK AND BASF AGREE ON FIRST DELIVERY OF BIOMASS-BALANCED AMMONIA WITH REDUCED CO2 FOOTPRINT Further company coverage: EVKn.DE , BASFn.DE (Gdansk Newsroom)
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