DKSH : A good start to the year confirming the full-year targets
>The healthcare and consumer goods activities underpinned growth in H1 - At the conference call, DKSH's management reviewed the H1 2024 results as well as the outlook for H2. We note the following points:Consolidated sales were CHF 5,441.1m in H1, down 3.2% on a reported basis, but up 2.3% organic and +3.3% at constant currency (cc). M&A contributed +1% of growth, whilst the currency effect was strongly negative (-6.5%) due to the marked appreciation of the Swiss...DKSH Holding is a holding company. Through its subsidiaries, Co. provides market expansion services from four units. The Consumer goods business unit provides in Asia with a focus on fast moving consumer goods, food services, and luxury and lifestyle products. The Healthcare business unit provides services including product registration, marketing and sales, and physical distribution. The Performance Materials business unit offers instant access to the raw materials all around the world, serving the chemical, pharmaceutical, food, beverage and personal care industries. The Technology business unit provides marketing and sales as well as application engineering and after-sales services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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