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Umicore

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Reuters - 1 week ago

Burberry, Experian, GEA Group

EUROPE RESEARCH ROUNDUP- Burberry, Experian, GEA Group Sept 26 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Burberry, Experian and GEA Group, on Thursday. HIGHLIGHTS * Burberry BRBY.L : RBC cuts target price to 650p from 800p * Experian EXPN.L : RBC raises to sector perform from underperform * FACC AG FACC.VI : Kepler Cheuvreux raises to buy from hold * GEA Group AG G1AG.DE : Morgan Stanley raises to overweight from equal-weight
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Reuters - 2 weeks ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Northvolt Sept 23 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of June: BANKS * DNB DNB.OL : The Norwegian lender said on Sept. 10 it would cut the equivalent of 500 full-time jobs over the next six months, as it prepares for lower interest rates and tougher competition ahead.
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Reuters - 3 weeks ago

Umicore Says Flood Effects On Poland Sites Limited

BRIEF-Umicore Says Flood Effects On Poland Sites Limited Sept 16 (Reuters) - Umicore SA UMI.BR : UMICORE SA SAYS BATTERY MATERIALS SITE IN NYSA, AUTOMOTIVE CATALYSTS SITE IN NOWA RUDA, HAVE BEEN SECURED AND EFFECTS OF FLOODS ARE CURRENTLY LIMITED Source text: tinyurl.com/2takh7v4 Further company coverage: UMI.BR (Gdansk Newsroom)
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Reuters - 3 weeks ago

Central Europe factories and retailers shut in flood-hit areas

UPDATE 2-Central Europe factories and retailers shut in flood-hit areas Adds details from Kofola in paragraphs 5-6, Czech economist in paragraphs 12-13 and Umicore in paragraph 15 By Jan Lopatka PRAGUE, Sept 16 (Reuters) - Factories and stores across central Europe shut down production lines and closed their doors on Monday due to flooding that has killed at least 10 people, forced tens of thousands to evacuate and submerged towns from Poland to Romania.
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Reuters - 4 weeks ago

European companies cut jobs as economy sputters

RPT-FACTBOX-European companies cut jobs as economy sputters Repeats with no changes to text to add 'Factbox' tag in headline Sept 10 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of June: BANKS * DNB DNB.OL : The Norwegian lender said on Sept.
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Reuters - 4 weeks ago

European companies cut jobs as economy sputters

European companies cut jobs as economy sputters Adds DNB Sept 10 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of June: BANKS * DNB DNB.OL : The Norwegian lender said on Sept. 10 it would cut the equivalent of 500 full-time jobs over the next six months, as it prepares for lower interest rates and tougher competition ahead.
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Reuters - 4 weeks ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Telia Sept 4 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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Reuters - 1 month ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Shell Aug 30 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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Reuters - 1 month ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Tamedia, UPM Aug 27 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest fre
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Reuters - 2 months ago

Crest Nicholson, JDE Peet's, L'Oreal

EUROPE RESEARCH ROUNDUP-Crest Nicholson, JDE Peet's, L'Oreal Aug 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Crest Nicholson Holdings, JDE Peet's and L'Oreal, on Wednesday. HIGHLIGHTS * A.P. Moller-Maersk MAERSKb.CO : Deutsche Bank cuts PT to DKK 9217 from DKK 9283 * British American Tobacco Plc BATS.L : Barclays raises target price to 3100p from 2650p * Crest Nicholson Holdings Plc CRST.L : Peel Hunt cuts to hold from add *
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Reuters - 2 months ago

Umicore Partners with U.S. DOE's Critical Materials Innovation Hub

BRIEF-Umicore Partners with U.S. DOE's Critical Materials Innovation Hub Aug 12 (Reuters) - Umicore SA UMI.BR : UMICORE JOINS FORCES WITH U.S. DEPARTMENT OF ENERGY'S CRITICAL MATERIALS INNOVATION HUB COLLABORATION TO DRIVE INNOVATION IN ADVANCED MATERIALS RECYCLING, DEVELOPMENT OF RESILIENT AND SECURE SUPPLY CHAINS FOR CRITICAL MATERIALS. Source te
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Reuters - 2 months ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Deutsche Bahn and Infineon Aug 5 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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Reuters - 2 months ago

Umicore profit slumps on weak EV demand, takes 1.6 billion euro writedown

UPDATE 4-Umicore profit slumps on weak EV demand, takes 1.6 billion euro writedown EBITDA 393 mln euros vs consensus 398.5 mln Launches review of its business Shelves investment in battery recycling plant Slower EV demand impacts sales Adds Canada finance minister's comment in paragraph 4 By Mathias de Rozario and Olivier Sorgho July 26 (Reuters) - Metals recycling group Umicore UMI.BR reported on Friday a 24% fall in half-year core profit and booked a 1.6 billion euro impairment for its battery
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Reuters - 2 months ago

Umicore H1 Adjusted EBITDA Down At Eur 393 Mln

BRIEF-Umicore H1 Adjusted EBITDA Down At Eur 393 Mln July 26 (Reuters) - Umicore SA UMI.BR : RECONFIRMS IT ANTICIPATES 2024 GROUP ADJUSTED. EBITDA TO BE WITHIN A RANGE OF EUR 760 MILLION TO EUR 800 MILLION INTERIM DIVIDEND OF EUR 0.25 PER SHARE ON 21 AUGUST 2024 H1 REVENUES (EXCLUDING METAL) EUR 1.8 BILLION VERSUS EUR 1.87 BILLION IN COMPANY-PROVID
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Reuters - 2 months ago

Umicore H1 core profit misses expectations

Umicore H1 core profit misses expectations July 26 (Reuters) - Belgium's Umicore UMI.BR missed expectations for half-year core profit on Friday, after weak demand for electric vehicles weighed on its battery materials division. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) were 393 million euros ($426.68 million), falling short of a company-provided consensus of expectations for 398.5 million .
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Reuters - 3 months ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Unilever July 15 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO.HE : The Finnis
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Reuters - 3 months ago

Investment in critical minerals in web of doubt, industry says

Investment in critical minerals in web of doubt, industry says By Eric Onstad PARIS, July 15 (Reuters) - Many companies are reluctant to invest in critical minerals and energy transition projects due to uncertainty about consumer demand for EVs and government commitment to zero-carbon goals, industry players said. The long-term picture is intact of a world needing large quantities of materials such as lithium, cobalt and copper to enable the world to give up using fossil fuels.
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Reuters - 3 months ago

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds details on fresh job cuts July 9 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts and 36 branch closures, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * METSO METSO
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