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Roche Backs 2021 Views After 1Q Sales Fall Slightly - Vimarsana News

Roche Backs 2021 Views After 1Q Sales Fall Slightly

By Olivia Bugault Roche Holding AG said Wednesday that sales slightly decreased in its first quarter, while it confirmed its outlook for the year. The Swiss pharmaceutical major posted sales of 14.93 billion Swiss francs ($16.30 billion), down from CHF15.14 billion a year earlier. At constant exchange rate, sales increased 3%, it said. An analysts' consensus provided by FactSet had sales at CHF15.01 billion. Sales at its pharmaceuticals division--its largest business--fell to CHF10.6 billion from CHF12.26 billion, while it rose 55% at constant exchange rate at its diagnostic di...

Danone 1Q Sales Fell; Confirms 2021 Guidance - Vimarsana News

Danone 1Q Sales Fell; Confirms 2021 Guidance

Provided by Dow Jones By Olivia Bugault Danone SA said Tuesday that first-quarter sales fell, dragged by the coronavirus pandemic that is still affecting its activities, while confirming its guidance for the full year. The French food company reported sales of 5.66 billion euros ($6.81 billion) compared with EUR6.24 billion for the previous year period. Sales dropped 9.4% on a reported basis and 3.3% on a like-for-like basis. An analysts' consensus provided by Danone had sales at EUR5.59 billion. "We continue to expect a return to like-for-like sales growth ...

Daimler Says 1Q Earnings Will Beat Market Expectations - Vimarsana News

Daimler Says 1Q Earnings Will Beat Market Expectations

Provided by Dow Jones By Olivia Bugault Daimler AG said Friday that its first-quarter earnings will be above market expectations helped by a solid performance of Mercedes-Benz cars, citing preliminary results. Earnings before interest and taxes should come at 5.75 billion euros ($6.88 billion) for the first three months of the year, compared with a market consensus of EUR4.97 billion, the German premium car maker said. Its adjusted EBIT should stand at EUR4.97 billion, compared with market expectations of EUR3.99 billion, it said. "Favourable sales momentum at Me...

Vivendi Shares Jump on Plan for UMG Spinoff by Year-End - Vimarsana News

Vivendi Shares Jump on Plan for UMG Spinoff by Year-End

By Olivia Bugault Vivendi SE shares rose sharply Monday after the European media giant said Saturday that it plans to distribute 60% of its subsidiary Universal Music Group's capital to... | February 18, 2021

Lonza Books Higher 2020 Earnings; Increases Dividend - Vimarsana News

Lonza Books Higher 2020 Earnings; Increases Dividend

Provided by Dow Jones By Olivia Bugault Lonza Group AG said Wednesday that sales and earnings rose in 2020 and that it increased its dividend. The Swiss life-sciences company reported sales of 4.51 billion Swiss francs ($5.09 billion), compared with CHF4.21 billion the year prior. Earnings before interest and taxes rose 9% to CHF901 million, it said. Core earnings before interest, taxes, depreciation, and amortization stood at CHF1.41 billion, up roughly 5% from last year, it added. Lonza now expects sales at constant exchange rates to grow in the low double d...