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).

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read