(Reuters) - AMSTERDAM, July 26 - Dutch chemical company DSM NV
raised its full-year outlook on Thursday after
second-quarter core profit fell less than expected due partly to
higher penicillin prices, boosting its shares.
The company, which is restructuring some units under
pressure from activist shareholders, said it expected 2007
earnings before interest and tax from continuing
operations, excluding exceptional, items to be about 790 million
euros . That's above an earlier forecast of 760
million euros.
Read more at Reuters.com Market News
raised its full-year outlook on Thursday after
second-quarter core profit fell less than expected due partly to
higher penicillin prices, boosting its shares.
The company, which is restructuring some units under
pressure from activist shareholders, said it expected 2007
earnings before interest and tax from continuing
operations, excluding exceptional, items to be about 790 million
euros . That's above an earlier forecast of 760
million euros.
Read more at Reuters.com Market News
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