Italy's De Nora lifts 2022 guidance after core profit jumps


De Nora logo is displayed on a smartphone in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration

MILAN (Reuters) - Newly-listed Italian electrode maker Industrie De Nora on Thursday upgraded its guidance for this year's profits and sales after its adjusted core profit more than doubled in the first half.

Milan-based De Nora last month braved volatile markets amid inflation and interest rate fears in a rare European stock market listing. Cornerstone investors comprising Italian gas grid operator Snam and ERG owners the Garrone family supported the initial public offering (IPO).

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