European and Japanese earnings: mixed guidance
Infineon grew revenue 19% and Henkel raised its sales outlook but cut its margin target, while Honda cut its global sales forecast sharply on Asia.
What we know
Market news accounts report Infineon Q4 revenue of €4.71B, up 19% Y/Y, with a proposed dividend increase. Henkel reportedly raised its organic growth outlook while cutting its return-on-sales outlook to about 15%. Honda reportedly cut its global sales forecast to 3.16M cars, with Asia down to 585,000. These figures are unconfirmed.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.