Investing.com - Koninklijke DSM reported on Tuesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Koninklijke DSM announced earnings per share of €1.01 on revenue of €2.08B. Analysts polled by Investing.com anticipated EPS of €1.01 on revenue of €1.98B.
Koninklijke DSM shares are up 6% from the beginning of the year and are trading at €149.30 , down-from-52-week-high.They are under-performing the AEX which is up 10.03% from the start of the year.
Koninklijke DSM shares gained 2.19% in intra-day trade the report.
Koninklijke DSM follows other major Basic Materials sector earnings this month
Koninklijke DSM's report follows an earnings beat by ArcelorMittal on Thursday, who reported EPS of €0.8243 on revenue of €11.69B, compared to forecasts EPS of €-0.0064 on revenue of €13.09B.
Aperam had beat expectations on February 10 with fourth quarter EPS of €1.28 on revenue of €916M, compared to forecast for EPS of €0.5 on revenue of €953M.
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