Investing.com - Henkel VZO (DE:HNKG_p) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Henkel VZO announced earnings per share of €1.79 on revenue of €9.49B. Analysts polled by Investing.com anticipated EPS of €0.9 on revenue of €4.56B.
Henkel VZO shares are down 7% from the beginning of the year, still down 12.66% from its 52 week high of €97.80 set on November 14, 2019. They are outperforming the STOXX 600 which is down 12.83% from the start of the year.
Henkel VZO follows other major Basic Materials sector earnings this month
Henkel VZO's report follows an earnings beat by BASF on July 29, who reported EPS of €0.25 on revenue of €12.68B, compared to forecasts EPS of €-0.06 on revenue of €12.31B.
Evonik had beat expectations on Tuesday with second quarter EPS of €0.34 on revenue of €2.83B, compared to forecast for EPS of €0.27 on revenue of €2.92B.
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