Corporate earnings forecasts are changing at record speed

Adidas-Chef Kasper Rorsted, Mercedes-Benz, Fresenius, BASF, RWE Many German companies are currently correcting their forecasts – both upwards and downwards. – (Photo: Fresenius, BASF, dpa) – – – – Düsseldorf On Tuesday, the division of the German economy became apparent within a few minutes. First, wind turbine maker Siemens Gamesa scaled back its revenue and … Read more

Stock in focus: Ceconomy | company abroad

After the market closed on Thursday, the parent company of Media Markt and Saturn published a statement adjusting its forecast. Ceconomy were down sharply in morning trade on Friday. In the meantime, the titles were down 25%. According to the company, significantly changed economic conditions are affecting it. The company, headquartered in Düsseldorf, is now … Read more

Ceconomy wants to return to growth

– In the past financial year, sales fell by 1.8 percent to around 20.8 billion euros, adjusted for currency and portfolio effects, due to the extensive shop closings in the wake of the pandemic. Medium term wants Ceconomy increase revenues to over 22 billion euros by 2022/23. The online business is to be expanded further … Read more

Dax continues to slide – pressure on Wirecard stock

Volatile stock exchange: At what point is it worth buying shares now — Dusseldorf The German stock market remains weak. In the afternoon trade, the Dax yields three percent and is listed at 10,232 points. Already on Wednesday the Dax had lost 2.6 percent and ended trading with a score of 10,543 points. The reason … Read more

These companies are the winners and losers of the corona crisis

Ventilator from Drägerwerk The company benefits from the rapidly increasing demand for medical technology. – (Photo: dpa) – – – – Düsseldorf, Frankfurt, Munich Many listed companies are particularly hard hit by the coronavirus pandemic and the associated economic standstill. Only a few benefit. If the situation normalizes, the flights of fancy will soon be … Read more