The risk premiums on the European credit market are practically unchanged on Tuesday. The latest narrowing of the loan preak initially does not continue. The tones from Washington have become a conciliator in the trade dispute. However, investors remain careful. This is also evident in the default bonuses on US state debt. With 57 basis points, these continue to write down the highest level since the “Liberation Day” on April 2. At that time they were at 41 basis points.
The reporting season, which is gaining momentum, is likely to increasingly set. On Wednesday there is the publication of the US BIP numbers for the first quarter. Investors are likely to tap into possible recession risks.
+++++ company reports since 7.30 a.m. +++++
Adidas
According to the business development, CEO Björn Gulden would have raised “in a normal world” CEO Björn Gulden, according to business development. However, this is “prevented” by increased uncertainties as a result of US tariffs and macroeconomic risks.
Adidas
In view of the confusing development among US tariffs, the prices in the US market for many import countries have not yet increased, but expects price increases due to the increased costs for its goods for the US market. The entire sporting goods industry – all the players in the US market – are affected by the higher import tariffs and cost increases, said CEO Björn Gulden.
BASF
Expanded its production capacities for sulfuric acid in semiconductor quality for a high double-digit million euro amount at the Ludwigshafen location. Customers from the chip industry will use the high -purity chemicals
Porsche
In view of declining car sales and special loads, the sports car manufacturer Porsche implemented and earned less in the first quarter than in the previous year. The operational return on sales decreased even more than analysts.
Symris
has grown organically more than expected in the first quarter, but was felt on the move from the currency side. The fragrance and aroma manufacturer recorded sales of 1.317 billion euros – 2.0 percent more than a year ago. Organically, i.e. adjusted to exchange rate effects and portfolio changes, the proceeds grew by 4.2 percent. Symrise is aiming for organic sales growth of 5 to 7 percent for 2025. This forecast has been confirmed.
Around
S&P Global Ratings has lowered Aroundtown’s credit ratings. For priority unsecured bonds there is now a BBB instead of a BBB+ as before, for subordinate hybrid bonds BB+ instead of BBB-.
Border
Increased costs for damage processing and risk provision have significantly depressed the result of the leasing specialist Grenke in the first quarter. The post -tax profit was EUR 10.2 million and, as expected, “significantly” below the previous year’s value of 19.8 million euros.
K+S
Right after an unexpectedly good start to the year with more profit than before in the year as a whole. The average price for fertilizer was higher than expected in the first three months, the production performance was strong and the costs were less than assumed
Knorr-Bremse
kept his margin stable in the first quarter. However, it was slightly below the expectations of the analysts. Contrary to the analyst forecasts, the order input increased significantly.
Mutares
has achieved an excess of 29.5 million euros in the first quarter – after 51.3 million euros in the previous year. While the partial exit at Steyr Motors made this year, the first quarter of the previous year was favored by selling Frigoscandia.
Nagarro
Last year improved profitability in higher sales. The company was able to exceed the expectations of the analysts. In addition, the group, which was listed in the Tecdax and Sdax, had a good start to the new year, said Coo Vikram Sehgal.
PVA Tepla
increases its portfolio of high -precision metrology systems with a purchase. According to its own statements, the SDAX company retrospectively acquired the Dive Imaging Systems GmbH.
Talanx
Thanks to good development in the primary insurance business, it started very much into the year. Despite a high major loss of damage, the insurance group clearly exceeded expectations in the first quarter and confirmed its outlook for the year as a whole.
From foods
has not met the expectations of the market for the first business half year 2024/25 for profit before taxes and sales after problems in the sugar business.
Astrazeneca
If the ongoing phase 3 study for the Prostra Cancer Aid truqap breaks off. The two primary endpoints would probably not be reached. The decisive factor was the data of an intermediate analysis, the review of which has recommended an independent committee involved in the study.
Astrazeneca
implemented more in the first quarter and deserves it than in the comparable period of the previous year. As the British pharmaceutical giant announced on Tuesday, the core profit per share – the preferred key figure of the company, which calculates exceptional and other unique items – rose to $ 2.06 in the same period in the previous year.
Bbva
Has booked a leap in profits in the first quarter. The increase was higher than expected in the result and the income.
Bp
The market uncertainty and weaker oil prices put a strain on the prospects for BP. The British oil company announced that it would reduce the volume of the planned share buyback.
Capgemini
has started in 2025 with declining corporate turnover. The annual forecast continues to exist.
Honeywell
increased sales in the first quarter and exceeded expectations. The US technology group also adapted its forecast for the overall year.
Merck & Co
strengthens its domestic production with an investment of $ 1 billion. As announced by the US pharmaceutical company, he builds a work in Delaware, in which, among other things, a new version of his blockbuster medicament Keytruda is to be produced. Merck reacts to the US tariffs.
Prosus
has now appointed Interims-CFO Nico Marais as head of finance. As the company announced on Tuesday, Marais, who has been an interim CFO since December, has 25 years of experience in the group’s financial management.
Qualcomm
must choose the British semiconductor manufacturer Alphawave by May 12th. According to the Alphawave IP Group, a corresponding period has been extended. Both parties are in negotiations.
Telephone
After the power failure in Spain, Telefonica gradually restores the service. As the Spanish telecommunications group announced on Tuesday, it has resumed more than 90 percent of its services in the area of landline and mobile communications.
Ups
earned more in the first quarter than was expected on Wall Street. The parcel service streies grew in both the American and international delivery business. The UPS share increased by 3.7 percent.
Volvo
Has announced a global job cuts in the first quarter after a decline in sales. The group, which the majority of the Chinese Zhejiang Geely Holding Group owned, does not give a forecast for the current year and the coming year with reference to increased uncertainties in relation to macroeconomic, geopolitical and market developments.
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DJG/CLN
(End) Dow Jones Newswires
April 29, 2025 07:15 ET (11:15 GMT)