2023-07-30 14:38:22
Dusseldorf When the large German chemical companies presented a series of profit warnings in the past few weeks, the share prices of the companies in some cases hardly reacted. One reason is that the downturn was anticipated by the market — well before companies adjusted their forecast.
Stock market expert Ulf Sommer explains what is important for company forecasts. It is not necessarily important that the forecasts are always correct, but rather that they go into as much detail as possible. At the top of the Dax is also BASF, which was able to keep its course stable despite the profit warning.
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