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DSM updates market on Strategy 2018

2:15am EDT

Sept 25 (Reuters) - KONINKLIJKE DSM NV ::KONINKLIJKE DSM NV - DSM UPDATES MARKET ON STRATEGY 2018.EBITDA AND ROCE OUTLOOK FOR 2017 CONFIRMED‍​.DSM AIMS TO CONTINUE TO DELIVER AGAINST ITS STRATEGIC TARGETS IN 2018‍​.BRINGS FORWARD ITS REGULAR STRATEGIC REVIEW PROCESS FOR THE PERIOD BEYOND 2018 AND EXPECTS TO SHARE THE CONCLUSIONS BEFORE THE SUMMER OF 2018‍​.

R&I affirms Sumitomo Chemical's rating at "A" and says stable outlook-R&I

Friday, 22 Sep 2017 05:13am EDT

Sept 22 (Reuters) - Sumitomo Chemical Co Ltd <4005.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A"-R&I.* Rating outlook stable-R&I .

DSM to acquire Twilmij

Friday, 22 Sep 2017 02:00am EDT

Sept 22 (Reuters) - KONINKLIJKE DSM NV ::DSM TO ACQUIRE TWILMIJ B.V. TO STRENGTHEN POSITION IN ANIMAL NUTRITION & HEALTH.

Solvay restates financial information and updates guidance after polyamide discontinuation

Tuesday, 19 Sep 2017 01:10am EDT

Sept 19 (Reuters) - SOLVAY ::SOLVAY RESTATES FINANCIAL INFORMATION FOLLOWING DISCONTINUATION OF POLYAMIDE AND UPDATES 2017 GUIDANCE.POLYAMIDE BUSINESS PERFORMED PARTICULARLY STRONGLY THIS YEAR AND ITS DISCONTINUATION REDUCES GROUP'S 2017 EBITDA GROWTH.WEAKENING OF MOST FOREIGN CURRENCIES VERSUS EURO ALSO REDUCES PROFIT REPORTED IN EUROS.BASED ON CURRENT EXCHANGE RATES, SOLVAY ESTIMATES 6% TO 8% UNDERLYING EBITDA GROWTH FOR FULL YEAR 2017.REMAINS ON TRACK TO ACHIEVE PREVIOUS GUIDANCE OF MORE THAN EUR 800 MILLION OF FREE CASH FLOW.RESTATES FINANCIAL INFORMATION FOLLOWING DISCONTINUATION OF POLYAMIDE AND UPDATES 2017 GUIDANCE.H1 RESTATED NET SALES EUR 5.18 BILLION VERSUS EUR 5.99 BILLION PREVIOUSLY ANNOUNCED.H1 RESTATED EBITDA EUR 1.18 BILLION VERSUS EUR 1.32 BILLION PREVIOUSLY ANNOUNCED.

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