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UPDATE 1-Switzerland's EMS Chemie reports 6% drop in half-year sales
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Adds company quote in paragraph 3, context in paragraphs 4-5, 8, outlook for 2025 in paragraphs 6-7
July 11 (Reuters) - Swiss chemical company EMS Chemie EMSN.S reported half-year sales below last year's level on Friday, but confirmed its full-year targets despite weakening of the global economy driven by the trade war.
The company's net sales fell 6.2% to 1.02 billion Swiss francs ($1.28 billion) in the first half of 2025, compared to 1.09 billion a year earlier.
"As expected, the global economy cooled down further in the first half-year of 2025. Trade tensions and geopolitical conflicts subdued consumers and restrained their purchasing mood and willingness to invest," it said in a statement.
U.S. President Donald Trump has set off a global trade war that has roiled financial markets and sent policymakers scrambling to protect their economies, through efforts such as trade deals with the U.S. and other countries.
In April, Trump unveiled a base tariff rate of 10% on most countries and additional country-specific rates of up to 50%, although he later delayed the effective date for all but the 10% duty. The higher rates are now set to take effect on August 1.
EMS said it expected the challenging economic environment and the trade conflicts to interfere with global trade and supply chains, unsettling both consumers and companies equally in 2025.
It continues to expect annual net sales below last year's level due to currency effects and a net operating income slightly above that of 2024.
EMS is a supplier of the world's largest EV maker, China's BYD 002594.SZ. It makes lightweight polymer car parts that are especially useful in building electric vehicles which typically weigh more due to their heavy batteries.
($1 = 0.7976 Swiss francs)
(Reporting by Ozan Ergenay in Gdansk, editing by Milla Nissi-Prussak)
((Ozan.Ergenay@thomsonreuters.com;))


