Latest news with #financialtargets
Yahoo
a day ago
- Business
- Yahoo
Besi lifts its forecast, expects higher demand for its advanced solutions
(Corrects millions to billions in paragraph 2) (Reuters) -Dutch semiconductor company Besi raised its 2025 financial targets amid its investor day as it expects higher demand for its advanced packaging solutions. Besi now expects revenue between 1.5 billion euros and 1.9 billion euros ($2.19 billion), a gross margin of 64% to 66%, and an operating margin between 40% and 55%. ($1 = 0.8685 euros)
CNA
a day ago
- Business
- CNA
Besi lifts its forecast, expects higher demand for its advanced solutions
Dutch semiconductor company Besi raised its 2025 financial targets amid its investor day as it expects higher demand for its advanced packaging solutions. Besi now expects revenue between 1.5 billion euros and 1.9 billion euros ($2.19 billion), a gross margin of 64 per cent to 66 per cent, and an operating margin between 40 per cent and 55 per cent. ($1 = 0.8685 euros)
Reuters
a day ago
- Business
- Reuters
Besi lifts its forecast, expects higher demand for its advanced solutions
June 12 (Reuters) - Dutch semiconductor company Besi ( opens new tab raised its 2025 financial targets amid its investor day as it expects higher demand for its advanced packaging solutions. Besi now expects revenue between 1.5 billion euros and 1.9 billion euros ($2.19 billion), a gross margin of 64% to 66%, and an operating margin between 40% and 55%. ($1 = 0.8685 euros)
Reuters
22-05-2025
- Business
- Reuters
Deutsche Bank CEO calls 2025 a 'year of reckoning'
FRANKFURT, May 22 (Reuters) - Deutsche Bank ( opens new tab CEO Christian Sewing called 2025 a "year of reckoning" in remarks he planned to deliver on Thursday to shareholders demanding details on the path forward for Germany's largest lender. The bank's management and shareholders were facing off at Deutsche's annual general meeting with the lender in the final stretch of a three-year plan, attempting to meet a series of targets that some analysts deem overly ambitious. "We know how important 2025 is for us as a bank. It is the year of reckoning," Sewing planned to tell shareholders, according to a copy of his remarks released ahead of the speech. Among the targets, Deutsche Bank is aiming for a cost-to-income ratio of less than 65% and a so-called return on tangible equity - a key measure of profitability - of more than 10%. Analysts believe Deutsche Bank will miss both, based on a consensus forecast published this week by Deutsche. The bank is "clearly on track", Sewing was expected to say. Andreas Thomae of Deka Investment, also due to speak at the meeting on Thursday, was expected to call on Deutsche Bank to ensure a bigger share of profits come from stable business areas like the retail bank, rather than the volatile investment bank. As part of an overhaul in 2019, Deutsche Bank set out to rely less on revenue from the investment bank, but the results of that aim have been mixed. "You must finally deliver what you have been promising us for years," Thomae said, according to an advance copy of his remarks.
Yahoo
22-05-2025
- Business
- Yahoo
Deutsche Bank CEO calls 2025 a 'year of reckoning'
FRANKFURT (Reuters) -Deutsche Bank CEO Christian Sewing called 2025 a "year of reckoning" in remarks he planned to deliver on Thursday to shareholders demanding details on the path forward for Germany's largest lender. The bank's management and shareholders were facing off at Deutsche's annual general meeting with the lender in the final stretch of a three-year plan, attempting to meet a series of targets that some analysts deem overly ambitious. "We know how important 2025 is for us as a bank. It is the year of reckoning," Sewing planned to tell shareholders, according to a copy of his remarks released ahead of the speech. Among the targets, Deutsche Bank is aiming for a cost-to-income ratio of less than 65% and a so-called return on tangible equity - a key measure of profitability - of more than 10%. Analysts believe Deutsche Bank will miss both, based on a consensus forecast published this week by Deutsche. The bank is "clearly on track", Sewing was expected to say. Andreas Thomae of Deka Investment, also due to speak at the meeting on Thursday, was expected to call on Deutsche Bank to ensure a bigger share of profits come from stable business areas like the retail bank, rather than the volatile investment bank. As part of an overhaul in 2019, Deutsche Bank set out to rely less on revenue from the investment bank, but the results of that aim have been mixed. "You must finally deliver what you have been promising us for years," Thomae said, according to an advance copy of his remarks.
