The foreign strength of the DAX companies has a downside.
(Photo: Getty Images)
Dusseldorf Too few semiconductors, overpriced raw materials and delays in the delivery of preliminary products, further processing and delivery to the end customer: the problems for most companies are growing. At least the large listed German corporations delivered in the past quarter.
According to Handelsblatt calculations, the 40 DAX companies increased their net profits from July to September compared to the previous year to 27 billion euros and thus almost doubled compared to the previous year. After nine months, the profits now add up to almost 90 billion euros. That’s more than ever.
With Deutsche Telekom, the last Dax group presented its balance sheet on Friday. In view of the good business, CEO Timotheus Höttges increased his outlook for the third time this year and announced that the dividend would be increased by four cents to EUR 0.64 per share in the coming spring.
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