1321 GMT - Carmakers Volkswagen and Mercedes-Benz, chemicals giant BASF and DHL owner Deutsche Post are among the German companies at risk of issuing profit warnings this year, according to Warburg Research. Warburg analysts screened companies within their coverage that could revise their annual guidance, up or down, based on their performance so far in 2025 and expectations for the remainder of the year. The list of candidates to cut guidance also includes chemical companies Lanxess and Wacker Chemie, chemicals distributor Brenntag and biotechnology company Evotec. Profit warnings might be anticipated by the market for some companies, notably those affected by U.S. tariffs, the analysts say. On the bright side, Commerzbank and Deutsche Boerse are among the candidates to raise guidance, according to Warburg. The DAX is up 0.3%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
June 26, 2025 09:21 ET (13:21 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.