European shares hit 2-month closing high on strong earnings

jueves 11 de agosto de 2016 12:30 GYT

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* STOXX Europe 600 ends 0.8 pct higher

* Symrise, Henkel, KBC among top gainers

* K+S falls on profit warning

By Atul Prakash and Alistair Smout

LONDON, Aug 11 (Reuters) - European shares hit a two-month closing high on Thursday, with companies such as scents and flavours maker Symrise and consumer group Henkel hitting record highs after strong results and encouraging updates.

Henkel rose 5 percent as its results beat expectations and it lifted its guidance for its core profit margin. It was the top riser in Germany's DAX, which gained 0.9 percent.

Symrise shares rose 5.5 percent after first-half sales surged 16 percent to 1.46 billion euros and the company said it was aiming to outperform the global flavour and fragrance market again in 2016.

"We remain positive on the (specialty chemicals) sector," Northern Trust Capital Markets' head of global equities, Gary Paulin, said. "The leaders in the sector still have a long tail of growth via consolidation ahead."   Continuación...