TEXAS INSTRUMENTS with 21 consecutive years of higher dividends + Thyssenkrupp now at the top of the MDax + Givaudan posts significantly higher sales and record profits + Ericsson's adjusted results worse than expected + Purchasing Managers' Index FR, DE, UK and US today

TEXAS INSTRUMENTS $TXN (-7,04%)with 21 consecutive years of higher dividends

• Texas Instruments generated sales of USD 4.01 billion in the fourth quarter of 2024, exceeding market expectations of USD 3.87 billion.
• However, sales fell by 2% compared to the previous year. Earnings per share of USD 1.30 were also above the consensus estimate of USD 1.20, but were 13% lower than in the previous year.
• Operating profit amounted to USD 1.38 billion, down 10% on the same period last year.
• What's next for the chip giant with a long history?
• https://stock3.com/news/texas-instruments-21-jahre-in-folge-mehr-dividende-16075310

Thyssenkrupp $TKA (-15,03%)now at the top of the MDax

• Thyssenkrupp shares significantly extended their gains on Thursday afternoon.
• They rose to their highest level since June 2024 and recently gained 7.2 percent as the best MDax stock.
• Market observers pointed to plans by Turkish steel manufacturer Tosyali, which had caused some movement.
• The company is looking for a steel producer in Europe to expand its green steel business.

Givaudan $GIVN (-0,21%)achieves significantly higher sales and record profit

• The flavor and fragrance manufacturer Givaudan achieved significantly higher sales in 2024 thanks to higher sales volumes. Growth at the Symrise competitor was particularly strong in the emerging markets.
• Profit exceeded one billion Swiss francs for the first time.
• Sales increased by 7.2 percent to 7.41 billion Swiss francs, as the supplier of flavors and fragrances for food, perfumes, household and personal care products announced on Friday.
• Negative currency effects dampened growth somewhat.
• In organic terms, i.e. adjusted for acquisitions and disposals as well as currency effects, Givaudan grew by as much as 12.3 percent.
• The Geneva-based group benefited from higher sales in all regions and segments.
• https://de.marketscreener.com/kurs/aktie/GIVAUDAN-SA-2956033/news/Givaudan-setzt-deutlich-mehr-um-und-erzielt-Rekordgewinn-48857955/

Ericsson's $ERIC A (-5,52%)adjusted results worse than expected

• Telecommunications equipment supplier Ericsson reports sales in line with expectations for the fourth quarter.
• The Executive Board is proposing an increased ordinary dividend.
• Adjusted earnings were significantly lower than expected.
• Sales increased by 1.4 percent to SEK 72.9 billion (71.9), above the Factset analysts' consensus of 72.9.
• Organic sales growth amounted to 2 percent (-17). The adjusted gross margin was 46.3 percent (41.1).
• The expectation was 45.4 percent. Ebita profit amounted to SEK 8.6 billion (6.7), with an Ebita margin of 11.8 percent (9.3).
• Adjusted EBITA amounted to SEK 10.2 billion (8.2), compared with an expected figure of 10.8, with an adjusted EBITA margin of 14.0 percent (11.4).
• Operating profit amounted to SEK 8 billion (5.8), with an operating margin of 11.0 percent (8.1).
• Adjusted operating profit amounted to SEK 9.6 billion (7.4), compared with an expected SEK 10.5 billion, with an adjusted operating margin of 13.2 percent (10.3).
• Profit after tax amounted to SEK 4.9 billion (3.4).
• Earnings per share amounted to SEK 1.44 (1.02).
• The proposed ordinary dividend amounts to SEK 2.85 per share (2.70).
• 2.82 was expected.

Friday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• Pfizer USD 0.43

• Quarterly figures / company dates USA / Asia
• 13:00 American Express | Verizon Quarterly figures

• Quarterly figures / company dates Europe
• 07:00 Givaudan annual results | Ericsson quarterly figures
• 10:00 Vonovia ao AGM on the domination and profit and loss transfer agreement with Deutsche Wohnen

• Economic data

09:15 FR: Purchasing Managers' Index/PMI non-manufacturing (1st release) January Forecast: 49.5 Previous: 49.3 Total Purchasing Managers' Index (1st release) Forecast: 47.7 Previous: 47.5

09:15 FR: Purchasing Managers' Index/PMI Manufacturing (1st release) January FORECAST: 42.2 PREVIOUS: 41.9

09:30 DE: Purchasing Managers' Index/PMI non-manufacturing (1st release) January PROGNOSE: 51.0 PREVIOUS: 51.2 Total Purchasing Managers' Index (1st release) PROGNOSE: 48.3 PREVIOUS: 48.0

09:30 DE: Purchasing Managers' Index/PMI Manufacturing (1st release) January FORECAST: 42.5 PREVIOUS: 42.5

10:00 EU: Purchasing Managers' Index/PMI non-manufacturing Eurozone (1st release) January FORECAST: 51.5 PREVIOUS: 51.6

10:00 EU: Purchasing Managers' Index/PMI Manufacturing Eurozone (1st release) January PROGNOSE: 45.4 PREV: 45.1 Total Purchasing Managers' Index (1st release) PROGNOSE: 49.8 PREV: 49.6

10:30 UK: Purchasing Managers' Index/PMI non-manufacturing (1st release) January FORECAST: 50.9 PREVIOUS: 51.1

10:30 UK: Purchasing Managers' Index/PMI Manufacturing (1st release) January FORECAST: 47.0 PREVIOUS: 47.0

15:45 US: Purchasing Managers' Index/PMI Services (1st release) January FORECAST: 56.5 PREVIOUS: 56.8

15:45 US: Purchasing Managers' Index/PMI Manufacturing (1st release) January FORECAST: 49.7 PREVIOUS: 49.4

16:00 US: Consumer Sentiment Index Uni Michigan (2nd survey) January FORECAST: 73.2 PREVIOUS: 74.0

16:00 US: NAR, Existing Home Sales December FORECAST: +1.2% yoy previous: +4.8% yoy

After the interest rate cuts, will dividend stocks win the race in 2025?

Dear stock market players and dividend pearls.

Where will you invest after the interest rate cuts? Bonds!

Or like the Swiss, did you know they have a key interest rate of 0.75%, or dividend favorites and aristocrats:

$LISN (-1,07%)

$SIKA (-3,95%)

$STMN (-5%)

$TECN (-4,04%)

$GIVN (-0,21%)

$NOVN (-5,35%)

$ROG (-5,6%)

>4% yields are:

$BALN (-3,44%)

$SCMN (-2,06%)

$NESN (-3,88%)

$$

Coffee is the world's second most traded commodity after oil

100 million people live from coffee and for many countries it is the most important source of income. Be it through the cultivation, processing or distribution of coffee.

Coffee. The black gold of the 21st century. A market that sounds so boring. And at the same time growing so strongly.

And yet, in contrast to oil stocks, coffee stocks can hardly benefit.

$MDLZ (-1,08%)
$NSRGY (-3,79%)
$SBUX (-6,28%)

The coffee plant has powerful enemies in the wild. Mealybugs, borer beetles, leaf blight and tree cancer can destroy entire plantations in a very short time. Due to the changing global climate, the plants must also become more robust - heat, heavy rain and drought in rapid succession would quickly put an end to the traditional coffee varieties. Thanks to the acquisition of Monsanto, Bayer is able to meet this challenge on many levels.

$BAYN (-6,12%)

Many specialty coffees are already treated with aromas in advance. This makes it possible to give a natural product, which is subject to fluctuations in taste due to climate and origin, a consistent quality.

The absolute top dog among flavor manufacturers, with a market share of 20%, comes from Switzerland and is called Givaudan. The German manufacturer Symrise is in 4th place with a market share of around 12%.

$SY1 (+0,31%)
$GIVN (-0,21%)

De'Longhi machines are particularly popular due to their high reliability and attractive appearance. The simpler models start at around EUR 100 and are fed with Nespresso capsules from Nestlé.

The high-end machines have a grinder that freshly grinds the roasted beans and turns them into "espresso" or "Americano" at high pressure.

$DLG (-5,99%)
$PHIA (-7,48%)

https://fitneo.de/kaffee/

(Switzerland) - The most important dates for this trading week

This week is the best of the year for real number crunchers: More than forty listed companies will present their half-year report. These include small companies such as the Walliser Kantonalbank (WKBN), but also big names on the Swiss market such as $ROG (-5,6%) and $NESNE / $NESN (-3,88%) . Naturally, observers will be keeping a close eye on the outlook for the second half of the year.

On Monday, only the climate specialist Belimo $B9H will report on the first half of the year.

Seven companies have announced their reports for Tuesday. These are the logistics company Kuehne + Nagel $KNIN (-3,37%)
, the chocolate manufacturer Lindt & Sprüngli
$LISN (-1,07%) and the fragrance producer Givaudan $GIVN (-0,21%)
, also reporting Logitech $LOGN (-3,71%), Dätwyler $DAE (-2%)
, Temenos $TEMN (-4,04%) and the Valais Cantonal Bank ($WKBN). At Lindt & Sprüngli $LISN (-1,07%) will be watching for comments on the high cocoa prices. At Kühne + Nagel $KNIN (-3,37%) the renewed increase in the complexity of sea transportation due to the threat to shipping in the Red Sea could have an initial positive effect.

On Wednesday, nine companies will give an insight into their finances. For example, the goods inspector SGS
$SGSN (-3,23%) and also Bobst ($BOBNN) , So $ALSN (-4,98%)
Cembra Money Bank $CMBN (-4,2%)
, Cicor $CICN (-4,92%)
Cosmo Pharmaceuticals $COPN (-3,54%)
EFG International $EFGN (-6,66%)

and Medacta $MOVE (-6,7%)
. At SGS $SGSN (-3,23%) it is to be expected that, as in previous quarters, decent sales growth will be offset by negative exchange rate effects.

Thursday is the highlight of the interim reporting season: a total of sixteen company reports are on the agenda. Among them are Nestlé $NESN (-3,88%)
, Roche $ROG (-5,6%)
, Lonza
$LONN (-4,44%) and Julius Baer $BAER (-7,9%)
, but also Bachem $BANB, Bucher $BUCN (-5,71%)
, Galderma $GALD
, Autoneum $AUTN (-7,55%)
, Bellevue $BBN (-3,2%)
, Calida $CALN (-6,03%)
, Idorsia $IDIA (-2,81%)
, Leonteq $LEON (-3,07%)
, the Graubündner Kantonalbank $GRKP (+0,56%)
, Meier Tobler $MTG (-4,29%)
, StarragTornos $STGN and Valiant $VATN (-3,46%)
. At Nestlé $NESN (-3,88%) the question is whether a return to positive growth rates can be achieved.

Many listed companies have once again announced their half-year figures for Friday. They include Holcim $HOLN (-6%)
Sulzer $SUN (-7,19%)
, Vontobel $VONN (-10,36%)
, Forbo $FORN (-3,92%)
, APG $APGN (-1,32%)
, Zehnder $ZEHN (-4,63%)
, Orell Füssli $OFN (-6,75%)
, Lem $LEHN (-6,14%)
, AMS Osram $AMS and BB Biotech $BION (-4,27%) and the SIX as the operator of the Swiss stock exchange. The industrial group Sulzer $SUN (-7,19%) should deliver a positive surprise after a strong performance that has been ongoing for some time.

Have a good week everyone!

GG

First purchase of the flavor and fragrance giant $IFF (-3,56%)

Why $IFF (-3,56%) ? I wanted to increase my US share :)

$GIVN (-0,21%) or $SY1 (+0,31%) had been the alternatives.

Two more purchases are still planned for 2023

Profit taking