A post by @FirstSquawk on X.

At the same time, the German consumer and industrial group lifted its 2026 restructuring expense guidance to €200 million-€250 million from €150 million-€200 million and cut its adjusted return on sales outlook to around 15%. The mixed update pairs stronger top-line momentum with margin pressure from a larger restructuring bill, a combination that matters for investors weighing growth against profitability in the chemicals and consumer brands space. Watch for detail on where the added restructuring costs fall and whether the higher sales trajectory can offset the softer return guidance.