Welcome to countdown, i am anna edwards. It is 6 00 here in london this thursday morning. We have Many Companies reporting here in europe today. Lets get to the first of those major names, and that is the german industrial giant reporting numbers. Caroline has a breakdown for us. Caroline we are starting on a high note it would seem. The morning to you. It seems that the industrial profit is 1. 8 billion euros a month that is more than expected. They are reiterating the fouryear forecast to drive that profit up to 11 in terms of margin. They want to attain a target of 11 profit margin in the industrial business. They are seeing that being reiterated. Also confirming the forecast for at least 15 next earningspershare growth. They have a backlog of some 110 billion euros. When you look at overall sales they are coming in line. 18. 8 billion euros, that is in line for thirdQuarter Sales. An net income is a big beat. We are seeing profits being sales. They are grossing an overall industria
Dow chemical posted first warnings First Quarter earnings. By results were driven bigger margins. And also by stronger sales in china. The company has not been very bullish on chinas Economic Growth. With us is the dow chemical chairman and ceo. Great to have you back. Nice to be with you. What happened with topline growth . America, as you know, we had a very cold winter in the month of march with lots of transportation and warehouse carrier issues. Our north american revenues were not robust but clearly the bottom line is what matters but i what but i would not read much about the topline numbers this time around. We saw growth in china and we sought europe beginning a decent recovery. We are very optimistic about that. Given the World Economy being slowly recovering and uncertain, i believe we had a good margin growth through the corridor. Through the quarter. It is six consecutive corridors of your on your margin growth and that is a great trend for our company. I dont understand h
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