Market Updates
Europe Movers: Barry Callebaut, Centrica, Lookers, Hermes, Sodexo, UBS
Bridgette Randall
05 Apr, 2023
Frankfurt
UBS AG declined 1% and the company's management reiterated that the recent takeover of Credit Suisse is beneficial to the company.
Sodexo SA soared 12.5% to €101.60 after the company announced its plans to spin off and list its Benefits & Reward Services unit in 2024.
Lookers Plc 3.8% to 87.90 pence after the UK-based automotive retailer reported higher sales and after-tax income in its fiscal year 2022.
Centrica Plc increased 2.1% to 109.74 pence after the utility company launched its stock repurchase program.
Hermes International SCA increased 1.1% to €1,914.80 and the French luxury products maker traded a new record high on the optimism of earnings in the March quarter.
Barry Callebaut AG increased 0.2% to Sfr1,946.0 after the world's largest chocolate maker reported weaker-than-anticipated sales results in the first-half of the fiscal year 2023.
First-half sales increased 7.9% to Sfr 4.2 billion and net income increased 10.5% to Sfr 234.3 million.
Sales volume declined 2.9% to 1.13 tons in the first-half ending in February.
The company guided volume growth to be stable in the full-year fiscal 2023.
Annual Returns
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Earnings
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