4:00 PM Frankfurt – Asos.com plans to increase capital spending in fiscal 2018. Barry Callebaut reported increase in profit after sales volume jumped 8%. Hammerson received revised proposal from France-based rival Klepierre. PageGroup profit soared 10%.
In London trading, FTSE 100 index decreased 6.75 to 7,259.83 and in Frankfurt the DAX index slipped 91.27 or 0.7% to 12,306.05.
In Paris, CAC 40 index fell 27.06 or 0.5% to 5,279.42.
dropped 2.3% to 6,866 pence after the U.K.-based online fashion and beauty retailer reported revenues in the first-half ending in February soared 27% from a year ago to £1.2 billion.
Net profit in the period jumped 11.9% to £24.5 million from £21.9 million in a year ago period and diluted loss per share advanced to 29.2 pence from 26.3 pence.
The online fashion retailer reaffirmed fiscal 2018 sales to increase between 25% and 30% but capital expenditure to jump to between £230 million and £250 million.
Barry Callebaut AG
plunged 6.5% to 1,786 Swiss francs after Switzerland-based chocolate and cocoa products maker reported revenues in the first-quarter ending in February rose 0.3% from a year ago to 3.5 billion francs.
Net profit in the period surged 21.7% to 173 million francs from 142.1 million francs a year ago period and operating profit 16% to 359.4 million francs.
The chocolate maker said as of February 28 net debt declined 16.9% to 1.2 billion francs from 1.4 billion francs in the same period a year ago.
slipped 0.8% to 521 pence after the U.K.-based real estate developer said it had received a revised takeover proposal from France-based rival Klepierre SA for about 635 pence per share comprising 50% in Klepierre new shares and 50% in cash.
On March 8, Klepierre SA made an unsolicited offer of 615 pence per share which was rejected by the company.
decreased 1.6% to 541.50 pence after the U.K.-based recruitment services provider said group profit in the first-quarter ending in March surged 10.3% from a year ago to £187.7 million.
Gross profit in France advanced 18%, in Germany surged 28% and in Greater China, jumped 17% and South East Asia soared 19%.
In the U.S. sales increased 17% and Latin America surged 26% but in the U.K. declined 7.1%.