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Eni lifts investor rewards after net profit jumps
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Ireland’s AIB expects 10% rise in net interest income in 2022
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Aston Martin says finances to improve as supply chain snags ease
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Glencore lowers full-year copper output guidance
BBVA’s Q2 profit beats forecasts on Mexico and lending income
Date: July 29, 2022
By Jesús Aguado MADRID (Reuters) – Spain’s BBVA on Friday said its second quarter net profit more than doubled from the same quarter of 2021 on a strong performance in income from lending and in its main market of Mexico, offsetting a downturn in Turkey. The country’s second biggest lender by market value booked a...
Signify sees dimmer profit margins as inflation and supply chains weig
Date: July 29, 2022
(Reuters) -Signify’s shares fell around 8% on Friday after the world’s biggest maker of lights said its profit margins would decline this year as supply chain disruption and currency effects weighed on its earnings. The group now targets a margin on adjusted earnings before interest, taxes and amortisation (EBITA) of 11.0-11.4% for 2022, and free...
Vinci’s half-year revenue jumps as air, road traffic rebound
Date: July 29, 2022
(Reuters) -French infrastructure group Vinci on Friday reported a 26% rise in half-year sales as airport traffic rebounded and motorway traffic surpassed pre-COVID levels. Europe’s biggest construction and concessions firm said first-half sales rose to 28.5 billion euros ($29.1 billion) from 22.6 billion a year earlier, also surpassing the 2019 pre-pandemic level by 31%. “Vinci’s...
NatWest boosts investor payouts even as inflation gathers pace
Date: July 29, 2022
By Iain Withers LONDON (Reuters) -British bank NatWest raised its full-year guidance and made a bumper payout to shareholders on Friday after rising interest rates lifted its finances, despite runaway inflation threatening to crunch the UK economy. NatWest reported pretax profit up 13% at 2.6 billion pounds ($3.17 billion) for the six months to June...
Utility Engie prepared for less Russian gas as profits surge
Date: July 29, 2022
By Benjamin Mallet PARIS (Reuters) -French utility Engie said on Friday it was well prepared for a reduction in deliveries of Russian gas, as its first-half profits surged on the back of higher energy prices. Engie added it was working with the Belgian government on possibly extending operations at two nuclear units. Russia’s invasion of...
‘WAGatha Christie’ libel trial verdict due
Date: July 29, 2022
By Michael Holden LONDON (Reuters) – Coleen Rooney, the wife of former England soccer captain Wayne, and Rebekah Vardy, the spouse of one of his ex-teammates, will discover who has come out on top in their high-profile libel tussle, a battle that has gripped the public and the media. Vardy, 40, sued Rooney over an...