Lucie Barbier
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UCB shares fall despite guidance upgrade as CEO flags higher H2 costs
By Lucie Barbier and Margaux Perrin July 30 (Reuters) - Belgian biopharmaceutical group UCB raised its 2026 earnings guidance on Thursday, but its shares fell more than 8% as investors questioned whether some of the first-half earnings outperformance could be repeated in the second half. Adjusted EBITDA is now expected to grow in the mid-teens to low-twenties percentage range at constant exchange rates, up from a previous forecast of high single-digit to mid-teens growth.
Philips falls 9% as weak orders, China concerns overshadow outlook hike
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Philips falls 9% as weak orders, China concerns overshadow outlook hike
By Lucie Barbier and Alessandro Parodi July 28 (Reuters) - Philips shares fell 9% on Tuesday after the healthcare technology group reported weaker-than-expected orders and warned of a more challenging environment in China, overshadowing an improved full-year margin outlook. The Dutch maker of medical equipment and consumer health products on Monday raised its profitability guidance after reporting a second-quarter core profit margin above analysts' expectations, helped by U.S. tariff refunds.
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