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Yash Chemex Says Kirit Shah Resigned As CFO

Friday, 23 Oct 2020 08:44am EDT

Oct 23 (Reuters) - Yash Chemex Ltd ::YASH CHEMEX LTD - KIRIT SHAH RESIGNED AS CFO.

Nanogate: Indicative Participation And Takeover Offers From Investors

Friday, 23 Oct 2020 07:42am EDT

Oct 23 (Reuters) - NANOGATE SE ::IMPLEMENTATION OF AN INVESTOR PROCESS PARALLEL TO THE INSOLVENCY PLAN PROCEDURE - INDICATIVE PARTICIPATION AND TAKEOVER OFFERS FROM INVESTORS RECEIVED.OFFERS ARE NOT YET BINDING.INTERESTED PARTIES ARE DOMESTIC AND FOREIGN STRATEGIC INVESTORS AND INVESTMENT COMPANIES.ALL EXPRESSIONS OF INTEREST PROVIDE FOR CONTINUATION OF GROUP'S CORE BUSINESS.SOME OF INTERESTED PARTIES ARE CONSIDERING TAKING A SIGNIFICANT STAKE IN NANOGATE SE OR A FULL TAKEOVER AS PART OF A CAPITAL REDUCTION FOLLOWED BY A CAPITAL INCREASE.OTHER INTERESTED PARTIES, ON OTHER HAND, ARE STRIVING TO ACQUIRE ESSENTIAL SUBSIDIARIES AND ASSETS FROM NANOGATE SE AND A CORRESPONDING SPIN-OFF FROM NANOGATE GROUP.WILL NOW EXAMINE AND EVALUATE NON-BINDING EXPRESSIONS OF INTEREST IN DETAIL AND NEGOTIATE THEM.

Air Liquide Confirms Its 2020 Guidance

Friday, 23 Oct 2020 01:20am EDT

Oct 23 (Reuters) - L'Air Liquide Societe Anonyme pour l'Etude et l'Exploitation des Procedes George ::2020 GUIDANCE CONFIRMED.GROUP REVENUE FOR THE 3RD QUARTER OF 2020 TOTALED 4,980 MILLION EUROS.GAS & SERVICES REVENUE FOR THE 3RD QUARTER OF 2020 REACHED 4,777 MILLION EUROS.HEALTHCARE REMAINS HIGHLY INVESTED IN THE FIGHT AGAINST COVID-19 AND POSTED A COMPARABLE SALES GROWTH OF +8.4%.THE CONTINUED IMPROVEMENT IN PERFORMANCE TRANSLATED INTO CASH FLOW FROM OPERATING ACTIVITIES WHICH REACHED NEARLY 24% OF SALES - CEO.THE 12-MONTH PORTFOLIO OF INVESTMENT OPPORTUNITIES CONTINUED TO IMPROVE AND REACHED 3.0 BILLION EUROS.THIS 3 RD QUARTER SAW A MARKED RECOVERY IN SALES.FOR 2021, THE ESTIMATED ADDITIONAL CONTRIBUTION TO SALES IS REFORECAST UPWARDS IN THE RANGE OF 320 TO 350 MILLION EUROS.

Foseco India Sept-Quarter Net Profit Falls

Thursday, 22 Oct 2020 08:19am EDT

Oct 22 (Reuters) - Foseco India Ltd ::SEPT-QUARTER NET PROFIT 50.8 MILLION RUPEES VERSUS 102.2 MILLION RUPEES YEAR AGO.SEPT-QUARTER REVENUE FROM OPERATIONS 689.5 MILLION RUPEES VERSUS 789.3 MILLION RUPEES YEAR AGO.DECLARED INTERIM DIVIDEND OF 5 RUPEES/SHARE FOR FY ENDING ON DEC. 31.

Asian Paints Sept-Quarter Consol Net Profit Rises

Thursday, 22 Oct 2020 07:24am EDT

Oct 22 (Reuters) - Asian Paints Ltd ::SEPT-QUARTER CONSOL NET PROFIT 8.3 BILLION RUPEES VERSUS 8.23 BILLION RUPEES.CONSENSUS FORECAST FOR SEPT-QUARTER CONSOL PROFIT WAS 7.09 BILLION RUPEES -- REFINITIV DATA.SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 53.5 BILLION RUPEES VERSUS 50.51 BILLION RUPEES.

India's National Peroxide Reports Profit In Sept-Quarter

Wednesday, 21 Oct 2020 10:18am EDT

Oct 21 (Reuters) - National Peroxide Ltd ::INDIA'S NATIONAL PEROXIDE SEPT-QUARTER CONSOL NET PROFIT 223.3 MILLION RUPEES VERSUS 57.8 MILLION RUPEES YEAR AGO.NATIONAL PEROXIDE SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 538.8 MILLION RUPEES VERSUS 547.9 MILLION RUPEES YEAR AGO.

Southern Acids (M) Posts FFB Production Of 8,963 Metric Tonne For Sept

Wednesday, 21 Oct 2020 06:12am EDT

Oct 21 (Reuters) - Southern Acids (M) Bhd ::SEPTEMBER FRESH FRUIT BUNCH PRODUCTION 8,963 METRIC TONNE .SEPTEMBER CRUDE PALM OIL PRODUCTION 9,428 METRIC TONNE.SEPTEMBER PALM KERNEL PRODUCTION 2,265 METRIC TONNE.

Misr Chemical Industries Q1 Profit Rises

Wednesday, 21 Oct 2020 03:08am EDT

Oct 21 (Reuters) - MISR CHEMICAL INDUSTRIES CO ::Q1 NET PROFIT AFTER TAX EGP 41.9 MILLION VERSUS EGP 8.9 MILLION YEAR AGO.Q1 REVENUE EGP 126.8 MILLION VERSUS EGP 78.3 MILLION YEAR AGO.

Akzo Nobel Q3 Adj. Operating Income Rises 18% To EUR 353 Mln

Wednesday, 21 Oct 2020 01:07am EDT

Oct 21 (Reuters) - Akzo Nobel NV ::Q3 RESULTS.THE COMPANY TARGETS A LEVERAGE RATIO OF 1-2 TIMES NET DEBT/EBITDA AND COMMITS TO RETAIN A STRONG INVESTMENT GRADE CREDIT RATING..TOTAL COST SAVINGS DELIVERED €49 MILLION, OF WHICH €27 MILLION STRUCTURAL SAVINGS RELATED TO TRANSFORMATION INITIATIVES.CONTINUED MARGIN MANAGEMENT AND COST-SAVING PROGRAMS ARE IN PLACE TO ADDRESS THE CURRENT CHALLENGES.RAW MATERIAL COSTS ARE EXPECTED TO HAVE A FAVORABLE IMPACT FOR THE FOURTH QUARTER OF 2020.IN Q3 NET CASH FROM OPERATING ACTIVITIES IMPROVED BY 46% TO €457 MILLION (2019: €312 MILLION); MAINTAINED A STRONG BALANCE SHEET.INTERIM DIVIDEND OF €0.43 PER SHARE (2019: €0.41 PER SHARE).Q3 ADJUSTED OPERATING INCOME UP 18% AT €353 MILLION (2019: €300 MILLION); ROS INCREASED TO 15.5% (2019: 12.5%).Q3 ADJUSTED EPS FROM CONTINUING OPERATIONS UP 34% AT €1.30 (2019: €0.97);.Q3 NET INCOME ATTRIBUTABLE TO SHAREHOLDERS INCREASED 36% TO €220 MILLION (2019: €162 MILLION).Q3 EPS FROM TOTAL OPERATIONS AT €1.15 (2019: €0.79).Q3 GROWTH IN VOLUMES OF 3%, WITH STRONG DEMAND TRENDS FOR MOST SEGMENTS AND REGIONS.Q3 REVENUE EUR 2.28 BILLION VERSUS EUR 2.26 BILLION IN REFINITIV POLL.Q3 DECORATIVE PAINTS: REVENUE UP 4% AND 11% HIGHER IN CONSTANT CURRENCIES WITH 14% HIGHER VOLUMES.Q3 PERFORMANCE COATINGS: REVENUE 10% LOWER AND 5% LOWER IN CONSTANT CURRENCIES.AKZO NOBEL NV Q3 REFINITIV POLL: REVENUE EUR 2.26 BILLION; EBIT EUR 331.0 MILLION; EPS EUR 1.23.

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