4:00 PM Frankfurt Bauer net in the year swung to a loss 19 million but revenue climbed 5%. Givaudan sales slid 0.2% to 1.1 billion francs. Kaufman & Broad net plunged 24%. Restaurant Group profit surged 17% to £56 million. Volkswagen sales in March soared 8%.
In London trading, FTSE 100 index slumped 1.5% or 99.96 to 6,542.01 and in Frankfurt the DAX index declined 1.9% or 183.10 to 9,271.44.
In Paris, CAC 40 index dropped 1.7% or 77.14 to 4,336.35.
declined 5.2% to 18.66 after the Germany-based construction and machinery maker said revenue in the year ending in December climbed 4.5% to 1.40 billion from 1.34 billion a year ago.
Net in the year swung to a loss 19.4 million compared to a profit of 25.8 million a year earlier.
slumped 2% to 1,376 francs after the Switzerland-based fragrance and flavor manufacture stated sales in the first-quarter ending in March slid 0.2% to 1.09 billion francs from 1.10 billion francs a year ago.
The company said sales from fragrance segment fell 0.2% to 516 million francs and sales from the flavor segment slid 0.1% to 571 million francs from a year earlier.
Kaufman & Broad SA
slid 0.1% to 22.80 France-based property developer and builder reported total revenue in the first-quarter ending in February was flat at 205.2 million from 205 million a year ago.
Net income in the quarter plunged 24% to 6.3 million compared to 8.3 million a year earlier.
The Restaurant Group Plc
dropped 2.1% to 642 pence after the U.K.-based restaurants and pub operator said revenue in the year ending in December climbed 8.8% to £579.6 million from £532.5 million a year ago.
Profit in the year surged 16.6% to £56.2 million compared to £48.2 million and diluted earnings per share rose to 27.97 pence from 24.05 pence a year earlier.
slipped 1.9% to 188.80 after the Germany-based auto maker reported sales in March soared 7.6% to 929,500 vehicles and in the first-quarter to the month group sales climbed 5.8% to 2.40 million vehicles compared to 2.27 million vehicles a years ago period.
In the first-quarter, Volkswagen group sales in Europe jumped 8.7% and surged 14.5% in China. Sales at Volkswagen namesake brand increased 3.9% to 1.48 million vehicles in the period.
KODA AUTO in the first quarter sales soared 12.1% to 247,200 vehicles. In March, sales climbed 14.6% to 96,100 vehicles compared to 83,800 vehicles a year ago, the best March month in corporate history.