D’Ieteren, DSM, Imtech, Wolters Kluwer: Benelux Equity Preview
The following companies may have unusual price changes in Benelux markets. Stock symbols are in parentheses, and prices are from the previous close.
Imtech NV (IM) : The largest Dutch technical-services company may say first-half net income rose to 67.5 million euros ($96.1 million) from 57 million euros a year earlier, according to the average of four analyst estimates in a Bloomberg survey. Imtech dropped 1.3 percent to 22.23 euros.
PostNL NV (PNL NA): The biggest Dutch mail carrier completed the sale of its businesses in the Czech Republic and Slovakia to ID Marketing for an undisclosed amount. PostNL shares declined 1.5 percent to 5.37 euros.
Royal DSM NV (DSM NA): The world’s biggest maker of vitamins may say second-quarter net income rose to 338 million euros from 149 million euros a year earlier, according to the average of six analyst estimates in a Bloomberg survey. DSM fell 2 percent to 38.82 euros.
Wolters Kluwer NV (WKL) : Europe’s largest tax and legal publisher had the outlook for its credit ratings cut to negative from stable at Moody’s Investors Service. Wolters Kluwer lost 1.9 percent to 14.19 euros.
D’Ieteren SA (DIE) : Belgium’s biggest car dealer’s share of the country’s market widened to 21.3 percent in July as car registrations fell 11 percent to 34,886, according to figures published by trade group Febiac. D’Ieteren shares lost 2.5 percent to 46.20 euros.
Tessenderlo Chemie NV (TESB) : The world’s largest maker of liquid sulfur-containing fertilizers completed the sale of its division that produces polyvinyl chloride and caustic soda to a unit of Ineos Group Holdings Ltd. for 110 million euros on a cash- and debt-free basis. Tessenderlo retreated 0.9 percent to 27.74 euros.
To contact the editor responsible for this story: Angela Cullen at email@example.com.