The German car manufacturers rely primarily on the US business.
(Photo: dpa)
Dusseldorf The large German listed companies successfully braced themselves against the many global crises in the second quarter. They benefited from the ongoing robust demand worldwide. However, the momentum is fading.
The quarterly balance sheets of the Dax companies can be brought to this common denominator. Together, the 40 Dax companies were able to increase their sales by almost 14 percent to a record 450 billion euros. According to calculations by the management consultancy EY, that is even 26 percent more than in 2019, the year before the corona crisis.
With the branded goods company Henkel and the meal kit supplier Hellofresh, the last two companies presented their business figures for the months of April to June on Monday: Henkel raised the forecast for the current year. A dozen of the companies have thus increased their outlook for the current financial year.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue