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United Kingdom

Zuzanna Szymanska

Fresenius cuts 2020 outlook on pandemic impact

30 Jul 2020

German healthcare group Fresenius cut its 2020 profit and revenue targets on Thursday as the COVID-19 pandemic hit elective procedures and delayed product launches, outweighing a strong performance in dialysis.

Sulzer sees recovery in second half of 2020, full margin return next year

24 Jul 2020

Swiss industrial group Sulzer expects sales to recover in the second half of the year and the company to return to pre-pandemic profitability in 2021, it said on Friday.

UPDATE 2-Covestro flags stronger than expected second quarter as demand picks up

09 Jul 2020

July 9 Covestro's preliminary second-quarter net loss and earnings before taxes have come in above the market's consensus expectations due to higher demand for its products in June, the German chemicals group said on Thursday.

UPDATE 2-Sonova sees partial recovery in H1, announces job cuts

06 Jul 2020

July 6 Sonova, the world's biggest hearing aid maker, said on Monday it would close some stores and cut jobs as it expects its first-half results to only partially recover from the effects from the COVID-19 pandemic.

Industrial gas producer Linde targets growth in health and electronics

07 May 2020

Linde is targeting growth opportunities in the semiconductor and healthcare sectors, the industrial gas producer said as it reported slightly better than expected quarterly earnings, citing its balanced contract portfolio.

Fresenius reports Q1 net income beat on pandemic demand

06 May 2020

Healthcare group Fresenius beat first-quarter net income expectations on Wednesday, citing a U.S. and European spike in demand for drugs and devices for COVID-19 patients and government help with costs incurred by health providers.

Covestro expects to weather crisis thanks to business mix, strong balance sheet

29 Apr 2020

German chemicals maker Covestro believes it can weather the coronavirus crisis thanks to its balanced customer base, geographical mix and strong balance sheet, the company said on Wednesday.

STMicro expects higher sales in second half, lifting shares

22 Apr 2020

PARIS Franco-Italian chipmaker STMicroelectronics said on Wednesday it expected second-half sales to grow compared to the first half, betting on initial signs of a recovery in demand in Asia as efforts to contain the coronavirus start working.

HelloFresh sees more growth in 2020 on U.S. strength

03 Mar 2020

German meal-kit delivery firm HelloFresh on Tuesday forecast growth in 2020 revenues and core profit and confirmed better-than-expected 2019 results, benefiting from strength in the United States and other international markets.

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