Maire lifts H1 profits 36% and upgrades 2025 guidance
Maire's core profit rose to 232.1 million euros ($265.2 million) which the company said reflected efficient management of overhead costs.
Maire also revised its full year guidance, now forecasting revenue between 6.8 billion and 7.0 billon euros, and EBITDA in the range between 460 million euros and 490 million euros.
Maire had previously forecasted revenue between 6.4 and 6.6 billion euros, and EBITDA in the range between 420 and 455 million euros.
Order intake rose to 5.63 billion euros, up 2.21 billion euros year-on-year, driven mainly by the new contracts of the sustainable technology solutions business unit, led by NEXTCHEM.
($1 = 0.8750 euros)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Independent
6 minutes ago
- The Independent
Deliveroo sales and orders surge as customers come back for more
Deliveroo has reported a surge in sales and customer orders for the first half of 2025 as it said people were getting takeaways more frequently. The delivery giant nonetheless revealed it swung to a loss ahead of its planned takeover by US rival DoorDash. Gross transaction value (GTV) – an industry metric for the total value of transactions on platforms, including things like delivery costs – was £3.8 billion for the first six months of the year. This was 9% higher than the same period a year ago, at constant currency rates, while GTV was 10% higher in the UK and Ireland. The total number of orders across its global markets was 147 million – 8% higher than last year. Deliveroo said this was driven by its efforts to offer choice and value to customers, including by adding new merchants, as well as consumers being more resilient than it had expected. Average order frequency increased across all its markets year on year, meaning its customers were coming back to the platform to order again. 'The first half of this year was very positive,' Will Shu, Deliveroo's founder and chief executive, said. 'Consumer engagement is encouraging, with order frequency and retention continuing to improve across all cohorts. 'We are delivering on our mission to change the way people shop and eat, and to bring the neighbourhood to people's doors.' However, Deliveroo revealed it slipped to a loss of £19.2 million for the period, compared with a £1.3 million profit the prior year. It said this was primarily due to costs relating to its takeover by DoorDash. Deliveroo agreed to be bought by the rival US delivery firm in May in a deal worth around £2.9 billion. The move has been approved by shareholders and it now needs the green light from regulators, with the acquisition expected to be completed during the final three months of this year. On an adjusted basis, which strips out what it views as one-off costs, earnings before interest, tax and other costs hit £96.3 million for the first half – 46% higher than last year.
BBC News
7 minutes ago
- BBC News
When do top European leagues start - and who will star?
The Club World Cup in the United States only finished on 13 July, but Europe's top leagues are already set to kick off Dutch Eredivisie begins on 8 August, with the Portuguese Primeira Liga and Spain's La Liga starting soon after, before France's Ligue 1, Germany's Bundesliga and Italy's Serie A get under way later in Sport has taken a look at those six competitions, the fixtures to watch out for and a guide on what we can expect in 2025-26. France - Ligue 1 Starts: 15 AugustDefending champions: PSG (13 titles)Teams in Europe: PSG Marseille, Monaco (Champions League), Nice (Champions League third qualifying round), Lille, Lyon (Europa League), Strasbourg (Conference League play-off)Promoted and relegated: Lorient, Metz, Paris FC (promoted), Montpellier, Saint-Etienne, Reims (relegated)Biggest summer signings: Joaquin Panichelli (Alaves to Strasbourg, £14.3m), Jonathan Rowe (Norwich to Marseille, £12.5m), Pierre-Emile Hojberg (Tottenham to Marseille, £11.7m), Andrew Omobamidele (Nottingham Forest to Strasbourg, £9.1m), Eric Dier (Bayern Munich to Monaco, free), Olivier Giroud (Los Angeles FC to Lille, free), Angel Gomes (Lille to Marseille, free)Expert insight, from French football journalist Raphael Jucobin:"While PSG might look set for another inexorable march to the title, all signs point to the European champions facing sterner tests at home this season."The main threat will come from Roberto De Zerbi's Marseille, who have significantly strengthened with the additions of regular Ligue 1 standouts Angel Gomes and Facundo Medina."Monaco, meanwhile, will feature some more familiar faces to international fans in Paul Pogba, Eric Dier and Ansu Fati."The capital's first top-flight derby since the 1980s will be one of the main stories, although Paris FC's understated (albeit astute) business so far belies their billionaire backing."With Lyon and Lille emerging weakened from the summer, the race for the Champions League spots could see more credible challenges from Strasbourg and Lens." Germany - Bundesliga Starts: 22 AugustDefending champions: Bayern Munich (33 titles)Teams in Europe: Bayern, Bayer Leverkusen, Eintracht Frankfurt, Borussia Dortmund (Champions League), Freiburg, Stuttgart (Europa League), Mainz (Conference League play-off)Promoted and relegated: Cologne, Hamburg (promoted), Bochum, Holsten Kiel (relegated)Biggest summer signings: Luis Diaz (Liverpool to Bayern Munich, £65.5m), Jarell Quansah (Liverpool to Leverkusen, £35m), Malik Tillman (PSV Eindhoven to Leverkusen, £35m), Jobe Bellingham (Sunderland to Dortmund, £27m), Yan Couto (Manchester City to Dortmund, £25.3m), Vini Souza (Sheffield United to Wolfsburg, £13m), Mark Flekken (Brentford to Leverkusen, £8m)Expert insight, from German football writer Constantin Eckner:"Bayern Munich are once again the clear favourites to win the Bundesliga. Even though they have struggled to sign new attackers, their squad is still reasonably strong, even with Jamal Musiala missing the first couple of months of the season."Borussia Dortmund have the best shot at challenging Bayern and Jobe Bellingham might play a prominent role in their efforts to keep up with the defending champions. The former Sunderland midfielder has all the tools to be the Bundesliga's breakout star."Another name to keep in mind is Ibrahim Maza, a 19-year-old attacking midfielder who has just joined Bayer Leverkusen. While still inexperienced, he could turn out to be the rightful successor to Florian Wirtz." Italy - Serie A Starts: 23 AugustDefending champions: Napoli (four titles)Teams in Europe: Napoli, Inter Milan, Atalanta, Juventus (Champions League), Roma, Bologna (Europa League), Fiorentina (Conference League play-off)Promoted and relegated: Cremonese, Pisa, Sassuolo (promoted), Monza, Venezia Empoli (relegated)Biggest summer signings: Francisco Conceicao (Porto to Juventus, £27.7m), Sam Beukema (Bologna to Napoli, £26.9m), Nico Gonzalez (Fiorentina to Juventus, £24.4m) Noa Lang (PSV Eindhoven to Napoli, £21.6m), Ange-Yoan Bonny (Parma to Inter Milan, £20m), Luis Henrique (Marseille to Inter Milan, £20m), Lloyd Kelly (Newcastle to Juventus, £20m), Jonathan David (Lille to Juventus, free), Kevin de Bruyne (Manchester City to Napoli, free), Ciro Immobile (Besiktas to Bologna, free), Luka Modric (Real Madrid to AC Milan, free)Expert insight, from Italian football journalist Daniele Verri: "The title race looks like it will be a battle between Napoli and Inter. "The holders are a better side with the arrivals of Kevin De Bruyne, Noa Lang, Lorenzo Lucca, Sam Beukema and Vanja Milinkovic-Savic, who will allow Antonio Conte to rotate without losing quality."Keeping Conte in the dugout was the real deal for Napoli, though it won't be easy to compete in both Serie A and the Champions League."Inter are still very strong. Hakan Calhanoglu is going to stay and Nigeria forward Ademola Lookman could join too."Massimiliano Allegri - and Igli Tare's - AC Milan have left a positive impression this summer. The potential arrivals of Ardon Jashari from Club Brugge and Dusan Vlahovic from Juventus would complete a very competitive squad. "The same applies for Roma under new boss Gian Piero Gasperini, who have been active in the market, and Juventus, who will be hoping to line up with a deadly attack of Randal Kolo Muani and Jonathan David. "Meanwhile, Cesc Fabregas' Como have spent 200m euros since last summer after a strong return to Serie A - they are aiming big."The players to watch are Napoli's De Bruyne and Milan's Luka Modric - they promise to bring leadership, experience and quality to Serie A. It will be a treat." Netherlands - Eredivisie Starts: 8 AugustDefending champions: PSV Eindhoven (26 titles)Teams in Europe: PSV, Ajax (Champions League), Feyenoord (Champions League third qualifying round), Go Ahead Eagles (Europa League), Utrecht (Europa League second qualifying round), AZ Alkmaar (Conference League second qualifying round)Promoted and relegated: Excelsior, Telstar, Volendam (promoted), Almere City, RKC Waalwijk, Willem II (relegated)Biggest summer signings: Ruben van Bommel (AZ Alkmaar to PSV, £13.7m), Raul Moro (Real Vallecano to Ajax, £9.5m), Sem Steijn (Twente to Feyenoord, £8.7m), Yarek Gasiorowski (Valencia to PSV, £8.5m), Luciano Valente (Groningen to Feyenoord, £6.8m).Expert insight, from Dutch football journalist Arthur Renard: "PSV are favourites for the title, building on a strong squad by adding talent like Ruben van Bommel, son of ex-international Mark. They looked strong in a 2–1 pre-season win over Athletic Bilbao."Eyes will be on Ajax as well with John Heitinga now in charge. The former Liverpool assistant brought keeper Vitezslav Jaros with him, but might want to add experience after Jordan Henderson's departure."It will also be interesting to see how Robin van Persie does in his first full season at Feyenoord, as he has to deal with key departures like Igor Paixao and Antoni Milambo. FC Utrecht could surprise again after finishing fourth last term, while AZ and Twente aim to push into the top three."The player to watch is Kees Smit. The AZ midfielder starred at the U19 Euros – named best player and joint-top scorer. A Youth League winner in 2023, Smit stands out for his technical skills and game-reading ability." Portugal - Primeira Liga Starts: 8 AugustDefending champions: Sporting (21 titles)Teams in Europe: Sporting (Champions League), Benfica (Champions League third qualifying round), Porto (Europa League), Braga (Europa League second qualifying round), Santa Clara (Conference League second qualifying round)Promoted and relegated: Alverca, Tondela (promoted), Boavista, Farense (relegated)Biggest summer signings: Richard Rios (Palmeiras to Benfica, £23.4m), Luis Suarez (Almeria to Sporting, £19.2m), Victor Froholdt (Copenhagen to Porto, £17.3m), Borja Sainz (Norwich to Porto, £14.3m), Gabriela Veiga (Al-Alhi to Porto, £13m), Nehuen Perez (Udinese to Porto, £11.5m), Amar Dedic (RB Salzburg to Benfica, £10.4m), Mario Dorgeles (Nordsjaelland to Braga, £9.5m)Expert insight, from Portuguese football journalist Diogo Pombo:"It would be easy to say Sporting are the front-runners - they won the last two championships."But they sold Viktor Gyokeres, whose goalscoring exploits and physical abilities solved a lot of problems for the team. And the players don't seem a natural fit for the 4-2-3-1 system coach Rui Borges prefers - a shift away from Ruben Amorim's back three, which gave the team its foundation for success."Benfica struggled during pre-season to find a creative spark and desperately need a midfielder who can add 'out of the box' ideas to its attacking play."So, despite the horrible sensations left last season, FC Porto seems to be the 'grande' that shaped the best plan for this season. In Francisco Farioli they have a sharp up-and-coming coach, ambitious, full of fresh ideas and the one who was able to assemble a team that already shows the most oiled-up dynamics on the pitch."The midfield trio of Alan Varela, Victor Froholdt and Gabri Veiga looks the most complementary and sharp among the three main title contenders." Spain - La Liga Starts: 15 AugustDefending champions: Barcelona (28 titles)Teams in Europe: Barcelona, Real Madrid, Atletico Madrid, Athletic Bilbao, Villarreal (Champions League), Real Betis, Celta Vigo (Europa League), Rayo Vallecano (Conference League play-off)Promoted and relegated: Elche, Levante, Real Oviedo (promoted), Valladolid, Las Palmas, Leganes (relegated)Biggest summer signings: Dean Huijsen (Bournemouth to Real Madrid, £50m), Alvaro Carreras (Benfica to Real Madrid, £43.2m), Franco Mastantuono (River Plate to Real Madrid, £38.9m), Alex Baena (Villarreal to Atletico Madrid, £36.3m), Joan Garcia (Espanyol to Barcelona, £21.6m), Johnny Cardoso (Real Betis to Atletico Madrid, £20.8m), Trent Alexander-Arnold (Liverpool to Real Madrid, £8.4m), Marcus Rashford (Manchester United to Barcelona, loan).Expert insight, from European football journalist Guillem Balague: "Barring a dramatic changing of the guard, the 2025-26 La Liga trophy will probably be lifted by either Barcelona, Real Madrid or Atletico Madrid - just as it has been for the past 21 campaigns. In that time Barcelona have won 12 titles, Real Madrid seven and Atletico two."Real Madrid start as many people's favourites, but did last season as well. Defence has been the main focus with the additions of Trent Alexander-Arnold from Liverpool, central defender Dean Huijsen from Bournemouth and and left back Alvaro Carreras from Benfica."Their most important signing, however, is probably Xabi Alonso who will be hoping to take the club back to the glory days after his huge success at Bayer Leverkusen."Aided and abetted by a prodigiously talented academy, Hansi Flick goes for his second title in a row at Barcelona."They have been prudent in the transfer market, bringing in goalkeeper Joan Garcia from Espanyol and Marcus Rashford on loan from Manchester United without having to put their hands into their - these days - shallow pockets."Barca need to improve defensively but there will be plenty of goals."Last but not least, Atletico - Real Madrid's very noisy neighbour - have made their intentions clear with a very busy transfer window. "In come midfielder Alex Baena from Villarreal, Slovakia central defender David Hancko from Feyenoord, American midfielder Johnny Cardoso from Real Betis, and Argentine midfielder/winger Thiago Almada from Botafogo."If Diego Simeone does not compete for the league and the Champions League until the last few weeks of the season, it will be considered a failure."This article is the latest from BBC Sport's Ask Me Anything team. What is Ask Me Anything? Ask Me Anything is a service dedicated to answering your want to reward your time by telling you things you do not know and reminding you of things you team will find out everything you need to know and be able to call upon a network of contacts including our experts and will be answering your questions from the heart of the BBC Sport newsroom, and going behind the scenes at some of the world's biggest sporting coverage will span the BBC Sport website, app, social media and YouTube accounts, plus BBC TV and radio. More questions answered... How are Manchester United able to afford Sesko?Why Alexander-Arnold is not allowed to wear number 66 for Real MadridHow is the Ballon d'Or winner decided?
Telegraph
7 minutes ago
- Telegraph
‘I'm 50 with 10pc of my money in gold, how should I invest before I retire?'
Would you like Victoria to rate your portfolio? Email money@ with the subject line: 'Rate my portfolio'. Please include a breakdown of your portfolio, your age and what your investing goals are. Full names will not be published.* Dear Victoria, Could you please give me your thoughts and opinion on my exchange-traded fund (ETF) portfolio. It is for the long term as I am 50 years of age and I am intending to stay invested until my retirement age of 67 or 68. I know my bond allocation is quite low but I have quite a high gold allocation as a substitute hedge and so far it has done well in a downturn. My total expense ratio – the annual fee for the funds' operating expenses – is 0.13 and I have back-tested the portfolio and the Sharpe ratio (how investments have performed compared to risk-free assets) is 0.93. I also have a satellite fund portfolio that is separate but it makes up 5pc of my total investments. - Anon, by email Dear reader, It is good to see you've got a long-term plan – as they say, time in the market beats timing the market so giving yourself as long as possible to get to where you want to be financially sounds like a great idea. There's lots of things to like here including your use of ETFs. Building a portfolio via ETFs has become a popular strategy for many investors thanks to the vast amount of choice out there and their competitive, low costs. Within your ETFs you've got some good building blocks too – a manageable amount of funds spanning different asset classes and geographies. Your almost 10pc allocation to gold has served you particularly well lately. I don't know when you bought in, but gold investors have been enjoying the precious metal's boom of late. The World Gold Council said physically backed gold ETFs posted their highest half-year inflows since 2020 this year. Gold is seen as a safe haven and an inflationary hedge so it can help shield portfolios from Trump's tariff uncertainty and the geopolitical turmoil. These global dynamics pushed gold to an all-time high of $3,500 (£2,634) per troy ounce in April – it has gained around 30pc so far this year and around 40pc over the past 12 months. One thing I would question is whether your gold allocation is truly a 'substitute hedge' for a bond allocation as you suggest. While both are legitimately 'defensive' parts of a portfolio, they can behave very differently depending on market conditions. The main difference I'd highlight is the impact of inflation and interest rates. Gold typically rises amid price pressures in an economy, whereas inflation is seen as kryptonite for bonds as it eats into the 'real' returns of fixed income assets. Inflation also probably leads to higher interest rates, which means that existing bonds will have to fall in value for their yields to come into line with market rates. On the other hand, bonds could do very well if interest rates drop more than the market expects, such as in a recession. The outlook for gold would be less certain in a downturn, but bonds could deliver a significant portfolio boost. That said, at 50 years old and with a decent stretch of time ahead of you, your 10pc allocation to bonds looks appropriate. When you finally hit retirement, upping your allocation to a roughly 60/40 stocks-to-bonds ratio and de-risking your portfolio might make more sense. Xtrackers MSCI World Quality has been a great choice over the long-run, ranking just outside the top quartile of global funds over three and five years, returning 58pc and 85pc respectively. Performance has lagged a bit this year, but I wouldn't worry about that too much – you want steady performance from this tracker and so you wouldn't expect it to do as well as during rising markets, when racier shares (like tech stocks) are leading the charts as has happened recently due to the AI boom. With over 15 years to grow, I think you could benefit from some more tech-focussed funds. Artificial intelligence developments have only really just begun in my view, and I think there could be lots more gains ahead for companies involved as the tech advances begin to be integrated into products and company workflows. With that in mind, and given that you like listed funds, Invesco Nasdaq-100 Ucits ETF (EQQQ) could be a strong option – it owns the largest shares on the Nasdaq exchange, which is a who's who of US tech giants. While not an ETF, you could look at Scottish Mortgage (SMT) too, which is an investment trust that looks for fast-growing shares from around the world. It owns private as well as public stocks and the top positions are currently SpaceX, MercadoLibre, Amazon and Meta. Fees are exceptionally low for an active fund at just 0.32pc. Best of luck, - Victoria Victoria is head of investment at Interactive Investor. Her columns should not be taken as advice or as a personal recommendation, but as a starting point for readers to undertake their own further research.
