Europe shares inch higher early, helped by Barry Callebaut

miércoles 1 de abril de 2015 04:00 GYT

* FTSEurofirst 300 up 0.2 pct after 16 pct gain in Q1

* Chinese data shows weakness in economy

* Greek back at forefront of investors' minds

By Blaise Robinson

PARIS, April 1 (Reuters) - European shares reversed early losses and inched higher on Wednesday, starting the new quarter on a positive note, with Barry Callebaut surging 6.9 percent after posting strong results.

Shares in Swiss chocolate maker Barry Callebaut surged 8 percent after it reported higher half-year sales and profits, as cost cuts helped counter the impact of the surging Swiss franc. It also confirmed its mid-term targets subject to currency swings.

Neopost dropped 6.7 percent after posting disappointing results.

At 0735 GMT, the FTSEurofirst 300 index of top European shares was up 0.2 percent at 1,587.81 points. The benchmark index surged 16 percent in the first quarter.

"The overall trend is still positive, there aren't any signals of an imminent sell-off. The idea is still to buy the dips," said Jean-Louis Cussac, head of Perceval Finance.   Continuación...